No Brainer Trades

closed not liking price action took some pips...their will be better trades

Moved TP to 11667. Trailed my sl +20 and got stopped out at 11931, no problem a good opportunity with a small profit instead of a loss.

On to the next...

Crap just took me out hahah...its alright I got like 4 more setups for tonight

Here is something for you guys to have fun with....

Artnoon

For some new members to the thread here is aperfect example of what Steve mentions about stacking bricks

Oh and cable just popped its cherry

GBPUSD

Alright heres another something make a plan around the rectangle

It's fantastic isn't it?

Nice strong delivery to support around 14475 then off for 400+.

i think so.
same happend to OzFx site..no longer updated.

Hows 90.95 look for USDJPY? Also almost co-insides with 38% fibonacci level

Shorts are scalps longs are holds...

Here is another one...shorts are scalps longs are holds....

here is another one to pay attention to ...



here are some make a plan and trade...will be back in a bitt I am going to place orders and stuff ...

Howdy, first post - set up in actions....
Looking for support in the 8836 region - broke an upward trend line - shorted @8875 after upward trendline was broken - will cover before 8836 then look for long
Good for 20 Pips

Let's see if 8836 holds for a long - will wait for retracement to 8868 before entering. Want to see it break v.short term down trend first. Close above 68 and below 76 will do that. Buy order in at 75

hit 43....and momentum slowed, let see if it stays or goes
Working its way up from 43...58...60 - now falling away - may test the low...nope........looks to be consolidating in the 60s. Slowly working its way up to 68. Lots of issues getting there on the 5 minute chart....

Anyone else looking at this

Will update as time progresses

Hit 68 - aiming for 20 pips, in the retrace to 8900
In @75.......don't seem to be a lot of wicks in the region on the way down - wasnt a lot of resistance getting down.........some trouble getting past 8880
Went in the negative by 1 pip and is hanging out there - then fell below 8868 - got out @ -8 pips or so
Back in @ 79.
New five minute high - slowly heading up - running into heat at previous trend line....pushing.....pushing. trend line is a bit of an issue. A close of the next 5 min candle on top of the trend line would make me feel better - trailing stop closed me out at -2 pips on the trade



- Probably should have used upward trend line from low for stop loss setting - such is life

i have that line as well on my chart..

Me too

Here is a current trade I just entered wish me luck..risk is small

S/R in longer timeframes is more significant. Look at your daily chat to see how strong this level is.

And yes 38.2 fib plus it was 50% fib on the last run too.

Careful it doesn't wear out!

Small double top there...

I was thinking about looking for this opportunity on EurJpy too.

EURJPY has long wicks on boths side...meaning confusion on the pair...possible future ranging...and also they pushed above the high a bitt trying to get many buy stop so they can easy try and play games with you in that pair at the moment so I ignored that pair at the moment...just my opinion

True, it broke the recent high and a long term weekly support at 11991.

Good observation.