No Brainer Trades

Hi Traders

It is indeed a thread!

I like trading in SL, RL, TL combining with PA and/or MAs

IMO this coming week will see the current trends continue, otherwise many pairs are seen to be in (very potential) reversal trends...

http://www.forexfactory.com/showpost...&postcount=161

Hope BRV would return to post chart analysis often?

Good Trading to ALL.

Cheers

hi shiko,thanks. yes i read through the pdf.. sometimes just feel the s/r identified might not be e correct one, prob the use of identifying main trend will be a gd filter

Almost done reading the manual. Hats off to the authors. Very nice work guys. Well written, easy to understand, and a fun and informative read.

Newbie forex trader here. I've recently discovered BRV methods and have found them to be inline with my trading personality. I wanted to run this chart by you guys. Any feedback would be greatly appreciated.

Thanks

Possible Quasimodos?

This is an excellent thread no doubt. So much to learn though but simple enough to follwo if one is committed. I use to put so much inidicators in my charts but have been disappoointed several times. Learning to draw S/R levels seems to be the way out for me.

FX trading is difficult but not impossible.

Happy trading to all and many thanks to the contributors

Talk about stacking bricks.

lovely.

Perfect channel.

Unfortunately, I can't post attachments at this time. So I have have a short on EJ at 113.167. Target 111.378. I have moved my stop from 113.66 to breakeven after being 20 pips ITM. I'm not too confident about this trade as it looks like my stop is about to get hit. We'll see how it goes.

Ok, I got stopped out of my last trade which is kind of deflating considering I was positive on the trade. I'm trying to switch my trading mentality from scalping to sitting and holding positions. It was tough seeing the hanging man/hammer on the 15 minute chart at 1015 PST knowing that might be a reversal and then getting stopped out.
Anyway, I'm going to try the trade again but at a higher price.

I dont see the trade here, please give more info or chart if you can? What TF was your trade basd on?

Bez,

Sorry here's the chart and the position I initiated. As you can see, I initiated the trade at 12PST and had to wait the trade out for almost 12 hours. There were lots of points when I just wanted to exit the trade, but I was stubborn enough to let it run. As you can see there's major overhead resistance from 7/26 to 8/9. I was banking on this holding.

Thanks for drawing attention to that channel on USD/CHF. Looks great!

Hello,
I'm so glad I ran into this thread on ForexFactory.com. I'm very interested in the Intraday Scalping strategy discussed on page 27 of the pdf. I've been searching for more info on this, but I have not found any. I have been practicing this strategy, but I'm afraid I'm doing it incorrectly. Is there anymore information about this strategy? If so, where is it located? I had a hard time following the example on the YEN and specifically don't know what the x's mean. It looks like the directions change on the those "stubby spikes." Am I correct? So if you have a stubby spike down, then look to trade a buy in the up direction???

Any information anyone can provide would be greatly appreciated.

Thanks!
Doug

This pair is so uniformesd of late. Another intersting chanel on the 4 hr for a possible breakout.

Look for a potential resistance area here on the weekly AU

Hey man, welcome back . Post that in the fork thread as well. I've been watching the same thing on AU, too bad I missed the ride up though.

Eur/JPY interesting at this level.

Usd/chf

Take a zoom back through your charts and take a look at the 96240 level pretty significant area of interest coming up.

Hi,

Another big level on cable. Nice confluence of a 68 fib and major R level. I took a trade when it first hit in August. And its going be fun to see what happens this time round, although it seems to be shying away from any direct contact with it at the moment, maybe due to a heavy news day.