Swing trading with Andrew's pitchforks and volume analysis journal

CADJPY, Looks like two possible scenarios here could play out we break down and head to the pink ML again or hold here put in the inverse head and shoulders and head back up to the green ML...I took the short should find out soon where it's headed..

Wanted to give a shout out to my friends over at www.StrategicDayTrading.com

I found out that they have opened back up their forex room. It starts at 6am ET, and I believe they are trading mainly the EURjpy and GBPusd two great pairs.

I met Jim McQuarrie (owner/room moderator) probably 5yrs or so ago because he had this room opened early like this so I could pop in and take some trades before I headed off to my 9 to 5 job. He's uses a very sound methodology based in price action with all the right ingredients for high probability intraday trading; trend, momentum, market structure, etc. He has a very well defined entry system and stop loss, using close of bar with a range/renko type bar style. I know they have a futures room as well trading oil and nasdaq mainly, and do very well there too.

Especially, if you are a novice trader and are looking for a home/trade room/mentoringship, definitely give those guys a look. They are one of the best that I have ever seen. I'm pretty sure they offer a free trial, just go to their website. Who knows send me a pm or mention bayfisherman sent you over and you may be able to talk him into a discount, if you like what you see. I know he's very accommodating for traders that are serious about making money and doing this for a living.

For you professional traders if you've ever considered moderating a trade room...I know his business is always expanding...he may be able to put you to work and give you all the proprietary tools for FREE!!!!

Well enough about that, Good Luck Jim with the new Launch...

Don't like initiating swing trades coming into the weekend but I'm going to watch how this one plays out before the close...

Long swissy


CL looking like a flag formation....took it short for about 40 ticks or so

You can see jpy hasn't really done much of anything in feb...easy to see the range in this sort of diamond shape structure. Would be looking for a really good move though on the break of this range...

gu making a big pullback some decent intraday lines...

Easier to see the reversal on the 240 coming off the top of the range...looks like 1.6500 could be next possible support on SP.

Big bounce in cad would be looking for a pullback to buy at support.

some intraday lines to watch for cad. the 1.110 1.109 looks decent then again lower at 1.105 area for support

EU showing some good frequency...could be a bullish flag forming...we continue to fail will be short off the upper TL

Did a little look in to see how things were going for my friends over there at www.Strategicdaytrading.com and grabbed this stat off the performance page...looks like last Thursday was huge...nice work guys!

Here's some higher timeframe stuff if you guys can use it for your intraday trading...from the looks of your results probably don't need it lol

Free Trial for www.StrategicDayTrading.com Forex Room:

http://www.strategicdaytrading.com/#freetrial

Good luck guys:

Euro/jpy
Pound/usd

Took this trade on Friday got 20 ticks or so but retraced all of it...survived the Sunday gap not much there but this hourly close looks promising...still holding long usd/chf

harmonic retest on the 1hr tf looks good TL looks to be holding at the moment..we'll see if we survive london...for those of you that watch DX we are coming off the bottom of the range...

Took the time to do the free trial today at www.Strategicdaytrading.com forex room and took two trades two winners 60 pips...nice calls Jim

EJ short

GU short

easy to see the entry with these colored bars red for short blue for long yellow transition or chop area... momentum/trend trading at it's finest.

easy to see the flag break on that ej short ... my favorite indicator MSR horizontal support and resistance lines on the higher time frame....nice failure on the upper median line of the modified schiff

don't know what your programmer did to calculate those values and I don't care...just make sure he gets his Christmas present this year

Here was another entry available pretty easy to intraday trade from one MSR Line to the next...i guess some of you guys call it supply and demand yep that's where support and resistance is formed...trade from one area to the next...this one was gift wrapped just had moved on to the futures market by this time with 60 pips already

Let's see if there were any trades in Nasdaq today...looks like it broke late, very nice

lets see if there is any frequency yet off the double top...

Let's see if gold is trading asian session tonight... $3,400 and counting

any guesses on what the pullback range should be....?

EJ 60m