THE only Pattern

the lokomotive

edit:_probably should fade this ya. flatski

stopped on 1st UJ sell now trying sell from 113.10 with tight stop

yes the daily sell zone is intact

news affected Cable

gj sells were trailed out. no easy ride atm..lots of noise on the market.opec on the watch. easy rider till its clear is my pick

Have to agree with you. Best to wait till it's clear.

I TOOK THE RISK AND SOLD uj FROM ABOUT 113.50

same trade direction for both euro and cable

bad day for me.............I will take some break

GU down
EU down
UJ up

from now

Part of the job, thanks for calling out regardless, have a good day!

Have a good weekend all.

Good weekend all!

short GU from 1.2640-1.2650 with tight stop

stop and reverse

No trade for me today... for now I see EU Bull and UsdCad Bear...GU seems to be Bull but its always unpredictable...and EurCad Bear...hope fully the trend continues next week but its almost year end...nothing much to expect...But next year might be a shocking roller-coaster

May next week will be green pips for all of u. Have a wonderful weekend all

target for the next week 1.2850-1.29

closing half at about 60 pip profit

atheer. can you please explain the money management behind the grid trading?

grids are lines of Supports and Resistances.............to manage your money around those lines is an easy task.............as those lines give you a built in edge in money management............for example if you are taking a reversal trade from one of the lines let us say on one hour chart.................here we have grids at 10 pip interval...........the most efficient line from MM point of view is the line that give you the least stop..............let us ask our self how is that..............if you put a trade from this line and you are fading the price move.........there is no point of waiting if the next line behind your back was hit..........just cut your loss here and move on to the next trade............the only exception to this is when you are considering a S/R zone i.e you wait for the last line in the zone..........and here in this example you could have a stop loss of 10 pip or less while aiming for 20,30,50..............etc so at least for 1:2 R:R..............on one minute chart we may speak of 1-5 pip stop loss when scalping................for break out trades the stop loss may vary according to the situation of price action..........so reversal trades are less risky if we consider R/R..........that does not mean to fade the price all the time.......but mostly to take reversal trades from retracement of the main trend.......for example you have a green day you wait for the price to drop to S to take buy trades and vice versa..................

other points may not come to my mind now.......your questions may refresh that

UJ short from around 114.10