Quick chart of potential opportunity taking place AUZNZD 4h
Rhythm - Pullback to 21ema, move to round number
Happy Trading
Rhythm - Pullback to 21ema, move to round number
Happy Trading
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Disliked{quote} Hey all, Nice to see you keeping the thread going nausting I had a break for a while as been doing other things (still trading but travelling etc) so it was taking up quite a bit of time. Had a few people asking if I will put some more charts up so considering it for next week. Hope everyone's been doing well and learning from naustings great charts JPIgnored
Disliked{quote} It is nice you are here again to keep the forum warm...welcome back! I know that Phillip has given all here already...I do not really think that there is any new thing here...we are just doing the same thing in our own unique ways...and I think that uniqueness come with good screen time and experience...and it is not that easy to impact that to another trader...so as we share our unique abilities here, one has to really go home and work it out to see how it will work... Happy trading to everyone. Regards, naustingfxIgnored
Disliked{quote} I agree, doing the study and work is crucial. You can't just start speaking a different language you have to learn it. Unfortunately this is missed by many new traders, they want to immediately start speaking a different language and get frustrated when they can't. You have to do the study. Potential Opportunity CadCHf 1h Pullback 21ema, move to round number Happy Trading {image}Ignored
DislikedUpdate - AudChf and AudNzd were both losses. I had three losses out of all open trades and unfortunately I put up two of the three losses and missed out the good ones. But I wanted to use this opportunity of a loss to show some of the newer traders how to cut your losses when you understand the market rhythm. As Phil says "Hope is not a strategy". Below is a chart of the audchf which shows expected market rhythm vs actual market rhythm. If you take the time to learn the market rhythm you will see it will tell you when you are wrong before your stop...Ignored
DislikedFor your attention Nausting...thank you. {image} {image} {image} {image}Ignored
TREND LINE TECHNIQUES, MARKET RHYTHM AND SPOTTING HIGH PROBABILITY TRADING SIGNALS FOR USD/JPY CURRENCY PAIR
Happy trading to all
DislikedI would like to take this time to just say a thank you to Phillip Nel, JonnyPip and Naustingfx. The details in the information and charts you have documented has been superb. This strategy has gave me the confidence to be able to one day be a full-time trader. I'm the typical new trader which consists of lack of discipline, lack of education, inpatient and more importantly poor money management. To add to the fire i move from system to system in hopes of finding the holy grail - if only. Nevertheless i have...Ignored