Profit is on the other side of your mind
- #204,444
- Jan 30, 2025 1:43am Jan 30, 2025 1:43am
- Joined May 2014 | Status: Full Time Trader | 27,155 Posts
Quick WEEKLY Outlook
- Some of you will remember this chart...
- From this week on forwards we must watch BRN: ~1.0400 area!
- Please note: Choppiness alert!
- If ~1.0400 area begins to support (My MACD cross hints bullishness inside bearish trend), we could be back retesting ~1.0538 levels soon...
Time will tell 
Focus only on what truly matters!
- #204,446
- Jan 30, 2025 2:53am Jan 30, 2025 2:53am
- Joined May 2014 | Status: Full Time Trader | 27,155 Posts
Focus only on what truly matters!
- #204,451
- Jan 30, 2025 3:48am Jan 30, 2025 3:48am
- Joined May 2014 | Status: Full Time Trader | 27,155 Posts
And what if 1.04 break?
Focus only on what truly matters!
- #204,453
- Jan 30, 2025 4:57am Jan 30, 2025 4:57am
- Joined Mar 2012 | Status: Trader | 14,323 Posts
{quote} Unfortunately, this thread titled as "EURUSD only", is not the proper place to lecture about all the rules of a system... You can try, but I am sure endless questions will follow and such will be distracting... Therefore, it would be best to create a separate thread and explain all the details there... Best wishes
Members can go to my threads if they have questions.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
no movement yet at all...- #204,457
- Jan 30, 2025 5:55am Jan 30, 2025 5:55am
- Joined Jun 2018 | Status: Trader | 3,083 Posts
Just a prediction before THE FREAK SHOW NOT A TRADE IDEA SMART traders don't trade the news!!!!! {image}
- #204,460
- Jan 30, 2025 5:59am Jan 30, 2025 5:59am
- Joined Mar 2012 | Status: Trader | 14,323 Posts
“Now, 2 patterns of market behavior happen on a regular basis:
1) the price breaks to new high's (or low's)
2) the price reverses from new high's (or low's)
They happen regardless of time frame.
They are phenomena that can be exploited without the fear if found out by others, that they might cease to exist.” - H. Rearden
Price Action
#advancedalientrading1) Price will either breakout of the high, low or both of the previous bar
2) Price will not breakout of the previous bar.
3) Price will either close above a level (line) or not.
Just follow the rules.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade