Trading with Deadly Accuracy

some possibilities

only cable for now, wanna grab some pips

am opting for a double top / bottom on all major pairs riding the train in the direction of the trend and taking profit there

I just found this thread Gold.

Thanks Yjimbo for that Cable trade. That's easy money right there.

Cheers Flash

hope it really turns out to be money for you, easy or not... I still haven't earned a dime from my charts >.<

uchf here, similar to cable but one has to watch if and how price reacts to that broken trendline. might also establish a box range which I'd love coz the rules are so easy. Check out Wmd's Kiwi trade box breakout failure video. But my assumption here is double top.

prepare for continuation either at a break of the flag or the third tap of the upper line.

update: wave count was off, third tap already happened. so did the break and finally I am in

update to the update: twas not a break but a failed break attempt -> the count was not off -> third tap pending -> staying in with more risk covering the originally planned entry area *sigh*

more please

stopped out.

the flag turned out to be... not a flag

don't forget that the market consists of two sides...

that one caught me off guard and blew my probably last account... not keeping the rules will be rewarded. That's just the way it is.

forex is a dangerous game folks. invest in yourself before you invest (aka throw away your money) in the market.

all the very best to you all

I'll keep posting charts. Maybe someone can make use of them.

geppy

retest of the untested S/R

by the way, i removed that post edit but I drew an inverted head and shoulder before the second shoulder had developed but insisted on seeing a flag formation because I insisted on continuation. looking at the chart below makes me wonder how I could ignore and not see the obvious. Where is support? Where is resistance? That simple. just these two questions would have resulted in two horizontal levels that would have earned me monster pips instead of blowing my account.

second chart shows uchf on daily

eu, au, cable

update eu & au: M15 if price falls again a H&S will be visible on the chart in that timeframe. so if at all maybe a retest of the trendline would be the better choice rather than horizontal S/R. that is to say IF price falls again now. if it continues upwards it adds strength to that last horizontal resistance before price broke out from it.

eu, au, cable, geppy, longer term EJ (downtrend over -> range between recent high and low or longer term reversal)

In and out, gbpaud +550 & gbpchf +250 ; entry's a little below my usual standard ; )

Good Post

Missed my entry by 0.1 pips! It's one of those moments where you think "Oh come on, man! I know you're a greedy capricious bitch and I have to be prepared for that but jeez cut me some slack!"

got in at the retest of the trendline and added at the horizontal S/R. Scaled out with 90% of my original position size

practically same as yesterday. got in grabbed some pips and scaled out with 90 %

Celebrating the little victories.

Twas the week that was...

I have been trading with the same mentality for almost more than a year...and the results are really nice , i have regular income in my account , and seems to be settling more and more day by day...This settling has a reflection on me about being coolheaded , it gives self confidence and peace and lots of pips...

I hope you do not answer this post by saying "So what?" I was feeling lonely about my style...and i recently saw this thread , and noticed that there were some guys who used the same method before me with success...

I hope good pips for all of u...take care...

charts

hey Yoj,
really dnt understand some of ur tls but as long as u do,dats all that matters
i like mine simple....real simple
here are my eu & cable charts