No Brainer Trades

There she blows.

I posted that view of swissie a few days ago.

It looks to me as though the pattern is completed, so what happens now is independent of any head and shoulders formation.

Anyone looking to sell usd/chf at 0.9700 if it gets there? fib confluence too...

Why isnt this thread as active as it once was?

i see strong resistance at 0.9733-37

news day today so i'm off

Hi Wasskii
I am with you on this one -- big news today -- its better for me to sit on the side line and re look at it all on Monday.
Have a good one
Wild Dog

missed by 3 pips

long on eu/$ lots of confluence and super high volume

took this trade.
More confluinces left away.

trade failed.

First post of yours I've seen, but kudos to you on having the balls to post a loss. That's something rarely seen. I really yawn when I read various posts along the lines of "Hey guys, I just made 100 pips!" Why? Because those very same people almost never post their losses. For me, unless someone is shouting their losses from the rooftops the way they are their winners, I'm not going to listen very much. So again, your transparency is refreshing.

Along the lines of this trading strategy, allow me to suggest this additional thread which offers a lot of material from Sam Seiden. The principles are essentially the same. No offense to BRV, but I found it far easier to pick up this method following Sam Seiden's stuff. He is a gifted teacher, with very clear explanations. If you have any interest, I suggest checking it out

http://www.forexfactory.com/showthread.php?t=255586

Peace...

Please where is BRV?

BRV is at his site www.nobrainertrades.com.
Once in a while he jumps in the chatroom but he is a busy man.
At the site there is a section where you can send him a mail and he almost always answers.

Please apple_sauce,can you share your indicators and template which are you using with the system in this screenshot? Thanks!

Wanted to share my experience with semafor and my strategy to get you r views and suggestions if any.
3levelzz semafor is what I trade with on 1hr TF.

I wait for the big 3 to appear
then wait for any of the next candle to close above the big3 candles's high (below its low in case of short).

Now Target is the closest pivot or support or resistance line which is created through a pivot indicator (on a daily basis). Take small or reasonable profit and wait for next signal. I do not go for home runs.

Stop is 10pips above high of big 3 candle in case long or 10pips below the low of it.

Simple and it works over 80% of the time.

I use it on pairs with USD and JPY only.

5505 on this baby..

eurchf.. 3478

usdcad.. both supply and demand levels..

usdjpy support failed, might be due it was tested quite a few times before or its still low liquidity in the market early in the week. Was worth a shot though.

anyhow... same level working as resistance now.. 88.85

BE on this thing. that last candle down shows sentiiment. if it will be broken north - sentiment is changing. Another thing is when price broke support price didn't travel much so selling might be ending short term at least.

abd i over reacted with SL.. should have been 2x smaller.

Sell GBPJPY in @128.79

http://clip2net.com/clip/m50830/1288...-clip-26kb.png