Trading is as simple as ABCD

Food for thought.....

Increasing your chances of being right!

We dont have to be an expert on everything we can get by with just understanding cause and effect.
I make my living just trading USD/JPY and to do that then all I need to understand is its opposite relationship to EUR/USD in technical terms.
And what drives there movements then I just need to understand whats going on at the ECB/FED/BOJ.
Then if I know the above whats going on then I need to understand that I should only be trading in the direction when the fundamentals and technical match. No point in a swing trade as my odds of success have just got limited when my odds will be higher if I follow the aforementioned.
So if I follow the above then all whats I have to determine is how I will time my entries.
But before I do that! An entry! I will do a reality check because the market cycle cant be ignored when determining entries and targets. If last 1 year high is 120 then I really should not be thinking about going long at the end of a cycle. Buy low sell high we all herd that before! Cant be ignored. Value is Value.

Increasing your chances of making money from being wrong!

Dont over leverage give a bad trade plenty of room to be a good trade later on. You can give it time if you understood your market cycle and ur bad trade matched the fundes

Sorry for typos. I know you understand

Glad I did not ask how you change the colour, hahahahahaha

yes hehe found out how to.

I think I have put down the basics of what I do. sure more to it then that but that is the foundation.

Looking at cycles well I do that on monthly, daily,weekly and 240 bar charts. If any one has any question I am happy to add more confusion

Tomorrows trade plan UJ - buy 102 60 or if failure buy 102 80 TP 103 80

From the beginning of this 2nd leg up you will see in the orange box on phase one MARKED (A) move up the pullback is 41 pips from each high at end of wave. So we expect that the pull back from high on uj will be 41 pips on each high for 3 wave up until a new profile develops. There is extreme order in the market. I will make you see what you cant see. MY MARKET ORDER GREEN LINE MOVED TO 41 PIPS BELOW RECENT HIGH.

as in the above chart the below green boxes shows how i gaped the move at a 23 pip pull back play on euro yesterday and closed 5 mins ago.

If your seeing the order now think about ware the stops are? Can you see 2 levels? there at 23 pips right and second level at 23 x 2 = 46 under current market profile on the EU. I will prove it on the next chart

Foot prints - now market is becoming predictable - further to the above

Dennis your stuff good but its not quite Carling, my view think its a little more simple, Eur-Usd

trade entry using the above getting in on the move you missed

Ah, I know what you mean, I have diverged from Fundamental pivot trading, bur I am actually posting my trades live right now, as you noticed and my trade plan for fresh entries. Will go back to pivots have not touched it really, feel like I am still packing bags for the massive subject matter ahead.

Easy view of market order pending to be filled UJ based upon the footprints (Current)

The above was a little perspective on market summitry short term day trades for getting in on the move that one may have missed. Back to pivots on future posts. Massive subject intra day and rolling relationships. How to understand fundamentals made simple for me and maybe its helps you guys out there will cover to. Last few posts should help those who want to remove the fuzz in those ticks.

Reminds me of an old Method, not saying you and your method of trading is very good indeed

Ah sort of, your post leads on to ADR. Dont worry I will cover pivs ....ok this is how you role with using the CPR to plant your market order. All trades are clear as day on the chart and all entries on Central pivot range. So Confidence to plant everyday for 13 weeks means you need to know your fundes. will cover it.

To plant like this you must know your fundamentals

It seems the thread has deviated off course from OP intentions. Find trend wait for pullback

Back to pivots from the outside in I.e. Monthly : The below chart shows 3 month History of the monthly Floor trader pivots. Those that trade the Monthly pivots are normally refereed to as Position traders. At there core Position traders are looking to sell at the R1 and buy at the S1 on a inside month. On a outside month there looking for continuation. The chart below shows 3 months of inside = sell R 1 take profit S1 visa versa. Position traders look to hold there positions up to a month or longer if theirs a break out month or they hold a position at value on end of a long term cycle (To good to close).

So Dennis 1468 why not start a thread of your own this is not what OP had in mind

ah maybe a good idea.......i may have hijacked this thread.....sometimes i have a lack of integrity...I am one of those guys that has everything laid out in front like a steam roller. thanks for your advise. OP sorry....I am a nurd

Hey Dennis no problem you may be the only one who has ever admitted they were sorry with integrity