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Breakout London Timeframe

  • #81
  • Jan 12, 2017 4:49am Jan 12, 2017 4:49am
EURAUD

Same thing. Nice Downtrend
Very delicious. But not much room for the downside.
Beware the blue line area which a very powerful D1 resistance. 4 consecutive down price.
My take: will long once near that area so that I can enjoy the pullback for this trend

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD+H1.png Size: 39 KB
Let Market Tell You
  • #82
  • Edited 6:28am Jan 12, 2017 4:53am | Edited 6:28am
EurJPY

how about this?
Clearly, it is going make break the 'super resistance'
Can you imagine how long does it danggling that area!
I suppose a lot of people like to trade at Ranging area

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY+Daily.png Size: 35 KB


US news big coming in one hour later. I put sell limit. My bias is to rebounce from the resistance and continue the trend down.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY+H1.png Size: 43 KB
Let Market Tell You
  • #83
  • Jan 12, 2017 6:31am Jan 12, 2017 6:31am
EurGbp

My bias is up. hopefully it continue trend.
Clearly now , it is ranging position.
Will it continue?

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP+H1.png Size: 40 KB


For News Trading, Pending order put.
Cross finger!
Let the market tell me!

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP+H1a.png Size: 42 KB
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  • #84
  • Jan 12, 2017 6:50am Jan 12, 2017 6:50am
GbpChf

This is very good ranging.
Price squeze in between 2 line or I called it Resistance and Support.
I assume it will continue the down trend or reversal point to UP.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHF+H1.png Size: 42 KB
Let Market Tell You
  • #85
  • Jan 12, 2017 7:51am Jan 12, 2017 7:51am
Quoting Monokl
EURAUD Same thing. Nice Downtrend Very delicious. But not much room for the downside. Beware the blue line area which a very powerful D1 resistance. 4 consecutive down price. My take: will long once near that area so that I can enjoy the pullback for this trend EURAUD+H1.png;2137090 {image}

Very nice triangle. the price pushing it down.
But it is very hard to judge whether it will continue the trend.
Anyway, Trade with the Trend (majority people will do)
Hopefully with all together can make real

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD+H1.png Size: 35 KB
Let Market Tell You
  • #86
  • Jan 12, 2017 8:09am Jan 12, 2017 8:09am
GBPNZd

Just short below the resistance.
my favorite typical trading.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD+H1.png Size: 37 KB
Let Market Tell You
  • #87
  • Jan 12, 2017 8:42am Jan 12, 2017 8:42am
GN

wonderful!
Now moving to my TP.
Sooner or later.
I will close 70% of trade later, balance will bring forward.
This is my favorite strategy in order to maximize your profit.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD+H1.png Size: 38 KB
Let Market Tell You
  • #88
  • Jan 12, 2017 8:58am Jan 12, 2017 8:58am
UsdCad

how nice the break the diagonal support!
Too bad, I close too early.
Anyway, you can always trade later.
Don't rush to make trade, Check the R:R


Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD+Daily.png Size: 64 KB
Let Market Tell You
  • #89
  • Jan 12, 2017 9:04am Jan 12, 2017 9:04am
WHY I use this method S&R?

it buy me TIME- where do my personal things
No need to trade so many.
Your broker surely love to see you trade more frequent so that THEY can get more commission.
I don't use EA.
Let Market Tell You
  • #90
  • Jan 12, 2017 9:12am Jan 12, 2017 9:12am
I enjoy watching this thread i want to use this method to. You mean you start 1 hour before openining london session?
  • #91
  • Jan 12, 2017 4:58pm Jan 12, 2017 4:58pm
Quoting Monokl
GN wonderful! Now moving to my TP. Sooner or later. I will close 70% of trade later, balance will bring forward. This is my favorite strategy in order to maximize your profit. GBPNZD+H1.png;2137530 {image}
GN

Clearly in still down trend.
Waiting my Long TP.
BE
Wait another confirmation today Friday.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD+Daily.png Size: 48 KB
Let Market Tell You
  • #92
  • Jan 12, 2017 5:12pm Jan 12, 2017 5:12pm
Quoting Monokl
EurGbp My bias is up. hopefully it continue trend. Clearly now , it is ranging position. Will it continue? EURGBP+H1.png;2137287 For News Trading, Pending order put. Cross finger! Let the market tell me! EURGBP+H1a.png;2137290 {image} {image}
A picture shows thousand stories
My only pending order survive yesterday, going to see the up momentum

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP+H1.png Size: 42 KB
Let Market Tell You
  • #93
  • Jan 13, 2017 10:00am Jan 13, 2017 10:00am
Just short usdchf
Let Market Tell You
  • #94
  • Jan 14, 2017 10:37pm Jan 14, 2017 10:37pm
Quoting Monokl
Just short usdchf
USDCHF

What a wonderful setup!
Wait for Monday to gap up!

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF+H1.png Size: 44 KB
Let Market Tell You
  • #95
  • Edited 10:59pm Jan 14, 2017 10:45pm | Edited 10:59pm
Quoting frenchy.fx
I enjoy watching this thread i want to use this method to. You mean you start 1 hour before openining london session?
Hi frenchy,

No problem, I let the dogs out.
I want to share this method because it is very simple method to apply. Don't make it so complicated.
As I always said:

My JOB: Entry & (keep) & Exit

Generally, you need to wait for the london open session.
There surely will be breakout happen on EUR or GBP pair.
You must wait patiently for that particularly moment happen.
Strike it when it make pullback exhausted.

Do you learn the 123 method? You can simply search in Forex Factory forum.
Learn it wisely. it is very good method and surely make money!!!
Equip yourself with some Candlestick knowledge which might help you to empower the entry.
For me, this method work like magic as you can see my chart attachment so many.
Let Market Tell You
  • #96
  • Jan 14, 2017 10:54pm Jan 14, 2017 10:54pm
Stick this DOC at your trading workshop!

it will help you as REMINDER.

I really hope for all the struggling trader.
I sincerely it can help you in trading period.

Attached File(s)
File Type: pdf Monokl _25 Rules Of Forex Trading Discipline Smile.pdf   122 KB | 1,079 downloads
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  • #97
  • Jan 14, 2017 11:12pm Jan 14, 2017 11:12pm
What do you need to MASTER ANY method?

PRACTICE & TIME


IF YOU DON'T PRACTICE MUCH AND DON'T HAVE ENOUGH TIME, PROBABLY YOU MIGHT RE-CONSIDER ON TRADING FX
Let Market Tell You
  • #98
  • Jan 15, 2017 12:37am Jan 15, 2017 12:37am
Can you give us the MAs averages you are using, or may be I missed one post. Keep up the good work. Thanks and
Regards
  • #99
  • Jan 15, 2017 12:51am Jan 15, 2017 12:51am
Quoting goodways100
Can you give us the MAs averages you are using, or may be I missed one post. Keep up the good work. Thanks and Regards
Hi goodways100,

Sure!

20,50,100 ema
Let Market Tell You
  • #100
  • Jan 15, 2017 1:19am Jan 15, 2017 1:19am
What's thought on EurJpy?

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY+Daily.png Size: 45 KB
Let Market Tell You
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