Glad to help when I can.

EUR/CHF from April 2012 to Sept 2012 - Why flat?

Retrace to 1.6238, followed by downside action to 1.6143. At that point we either do some bouncing or break lower...1.6042 is the first location of any significant demand. Currently +81 on my daily-based short position.

Cable Update (GBPUSD)

I respect that you are experienced but I think that the problem with stop losses are not stop losses, but traders placing them at places that they have no real reason to be. And let's be fair - 95% of traders lose money for a lot more reasons than ...

How can I be sure that my SL is in the right place?

Sold at supply on validation of the daily pinbar....easy money.

Cable Update (GBPUSD)

Waiting for price action confirmation on the daily to enter here, but looks like a good entry for long. Classic retest of used-up monthly supply level., with hourly price action indicating bear weakness. Only real concern is how much room upwards ...

EURUSD

I'm going to call this as it is - foolhardy advice. Stop losses are a staple of trading and if you don't use them you're exposing yourself to unlimited risk with every trade, whether you think so or not. It only takes one black swan event to destroy ...

How can I be sure that my SL is in the right place?

The Swiss National Bank currently has a policy that pins the Franc against the Euro at a minimum rate of 1.20. This is basically just a massive demand zone that is unlikely to be broken, even though selling pressure was for that period of time quite ...

EUR/CHF from April 2012 to Sept 2012 - Why flat?

I haven't posted to this thread in a few days, so here's an update on what I'm looking at - waiting for a retest of depleted supply zone with the expectation that we will find buyers there.

EURUSD

I'm hoping for a breakout of this supply zone (and subsequent re-test)...has been hit several times relatively recently and I don't think a consumption of the remaining orders is out of the question before close Friday. Daily time frame does look ...

Cable Update (GBPUSD)

Why not put the stop at where you know your trade is wrong (i.e, a loss) and just cut it from the get go instead of letting it move beyond that point? Consider it your risk, accept that it may be lost, and move on instead of wasting time and ...

How to rescue a losing position?

He probably doesn't rely on luck, but the video gives the viewer that impression as it really never says anything useful about his strategy; you see lots of shouting, excitement, and other content to boost the entertainment value.

Paul Tudor Jones- "Trader"

No problem; he goes into a lot of price action based trading and I think that's worth a lot. His reasons for writing the book seem legitimate enough too...I always have to question the motive of any guru or teacher as I think 90% of them are just ...

How can I be sure that my SL is in the right place?

Are you consistently profitable? Depends completely on the setup. What's your point?

Still losing

Looks like three white soldiers...very bullish. Price action would suggest a breakout, but best to wait. Also, I'm long on GBP/CHF and short on EUR/GBP. Bullish outside bar and evening star patterns respectively

Nearly Naked (Simple Trades)

Highly reliable bearish evening star reversal pattern on monthly R1 pivot and weekly price resistance level.

EUR/GBP - What a great pair to trade!

Bullish engulfing price action off of monthly pivot resistance and classic support. Likely a good buy opportunity; bar closes in 4 hours for my broker.

GBP/CHF and USD/CHF

It doesn't matter much as long as what you're doing makes you money. Me on the hourly did nothing but lose it for me.

EURUSD

Ha, well, I figured about a week ago that I don't have the experience necessary to play hourlies...too fast, too high a cost in spread, and the reliability of classic price action setups makes me question whether how I trade is actually a good ...

EURUSD

See a pinbar on the daily...highlighted that on the Cable thread earlier. If it holds I'll place a short on it, but there's still a lot left to the day before the bar closes for me. I'll be crossing my fingers, because it would be an excellent short ...

EURUSD

Fair enough, we'll just have to see what happens.

EURUSD