Cool interview with Peter Walters one of my favorite traders. video While you are waiting for set ups.

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Very true my friend. I on the other hand like to focus on winning trades and why it was a winner so I can do it again. One can't predict markets all the time.If I cut a loser trade with 5-10pip loss I think of it business as usual however if you ...

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My daily self punishing notes. I let the UCAD unattended and it jumped from 9740 to 98. I placed pending buy 2lots at 9750 in case of retrace.This pair can go 500pips plus easy.

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Mt4 has a trailing stop feature. Its 15pips minimum on mine.

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Very uncanny how that works.Lot of people assume S/R pivots are line in the sand.In reality it could be 10-20pips wide area depending what TF you use.On daily it can be even greater. Japanese have better concept of S/R. We in the west want ...

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Guys get ready for retrace on Euro.We could double dip

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I hope you closed your shorts. 75+pips is sweet Congrats I use 200EMA as a S/R reference.Just happens lot of S/R levels match with 200EMA. I put greater importance on S/R levels.Market has memory don't forget that.Everyone is ...

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Hey Ramjet I hope you made some Pips How you doing? Update on your trades pl

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Congrats!!

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I had too much on my plate Euro and cable so ignored the Aussie. Looks like a nice south highway. There is always another trade waiting.Not greedy

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Closed all my shorts. +65pips Euro and Cable Right before London everyone dumping their positions.

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Saravana Here is the chart.In my opinion they are 2 targets 1. 200EMA if breaks goes straight to 1.2928 I would not add until PA breaks 200EMA support. Notice 2928 on the left.Very strong stop.I would add 1/2 position smaller between white and green ...

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Entered Short again at 6198

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Wait to see how London reacts. Got stopped out at 6295 my SL got hit. +6pips

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I had things to do and missed this beautiful short. 6215 would of been perfect. No biggy still short from 6201 -14pips

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Boston

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haha I thought you wanted to go long.Good morning.

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Placed Short Cable 6201 TP 6150

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Wait don't go Long.Not yet.Support is about to break Down. System no system one must pay attention to PA Sudden bearish moves on US dollar pairs resulted from good news on dollar(look at FF calendar) London may push Cable under 62 and Euro Under 30

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I only add to position on major S/R break trades. For example my cad trade 3 times I took Long 3 times it failed to break so I didn't add to it.Total pips gained about 50pips. Now had it broke 9760 I would of added more since next obvious S/R is 98. ...

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