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- Milton replied Mar 18, 2010
I think usdcad showed too much down momentum at the magenta arrow and at the cross there was already a second move down (trend was changing?)
Intraday price action trend trading
- Milton replied Mar 18, 2010
stopped out eurusd short -1 pip (demo account broker is changing spread all few seconds) stopped out usdcad long also -13 pips.
Intraday price action trend trading
- Milton replied Mar 18, 2010
eurusd short trade: stoploss to break-even
Intraday price action trend trading
- Milton replied Mar 18, 2010
long usdcad strong up momentum 3 x red arrow: 3 up pinbars after retracement closing above middle line (did see them only at the third bar) yellow arrow: entry bar (have 6 pips spread), stoploss 13 pips
Intraday price action trend trading
- Milton replied Mar 18, 2010
short eurusd strong down momentum, channel slope down yellow arrow: signal bar, pinbar red arrow: entry bar (stoploss 14 pips) It was also a breakout down of a small trading range
Intraday price action trend trading
- Milton replied Mar 17, 2010
With the news, that 32 000 less than expected people claiming unemployment, a cool trader would have entered directly long - boom: 70 pips win! I didn't.
Intraday price action trend trading
- Milton replied Mar 17, 2010
You are right. I saw it also a little bit late.
Intraday price action trend trading
- Milton replied Mar 17, 2010
gbpusd short - stopped out because good news GBP employment, but I also broke Sho's rule #3 (3*first thing look for is =is market trending or sideway?). The market was not really trending, it was more sideways (-15 pips).
Intraday price action trend trading
- Milton replied Mar 17, 2010
Short gbpusd Strong down momentum yellow arrow:signal bar blue arrow: entry at 1.5222 (stoploss 15 pips)
Intraday price action trend trading
- Milton replied Mar 17, 2010
Thank you Sho for the clear rules.

intraday trend trading with price action
- Milton replied Mar 13, 2010
Hello Sho Nice to see you back. This week I have read and reread your posts and tried to trade with concentration for myself. I thought that perhaps trading and posting would take from my concentration. But I am still losing. Sometimes it's a lack ...
intraday trend trading with price action
- Milton replied Mar 9, 2010
A bullish divergence doesn't mean, that it now will go upwards the whole day. But we are working with such small stoplosses, that I personally look at divergence. That's my reason.
Intraday price action trend trading
- Milton replied Mar 9, 2010
For me the bigger picture is "bigger" (=stronger) than the smaller picture.
Intraday price action trend trading
- Milton replied Mar 9, 2010
And so it changes again. And also the big picture ( I didn't draw this line)
Intraday price action trend trading
- Milton replied Mar 9, 2010
This is a bigger view of the situation.
Intraday price action trend trading
- Milton replied Mar 9, 2010
Yes. I see it the same way. But look my next attachment!!!
Intraday price action trend trading
- Milton replied Mar 9, 2010
Hi MJurban How did it work for you? Did you close at time with a small profit?
Intraday price action trend trading