You can hold one of two mindsets, the market is completely random ping ponging around with no definable pattern at all - Which in the context of this thread would mean that levels will at best be coin flips..... or that it follows some order and can ...

Ramblings of a Forex Junkie

EJ LONG BIAS

H4 Power

Price dropped because more people were prepared to sell at that price than buy, news was just a catalyst, not the reason. But prior to the news the most likely direction was down, at least to the next weekly s/r

Ramblings of a Forex Junkie

The previous inside bar never broke out the range of the mother candle.

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It was just a breakout of the inside bar on H4

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Hi Ferru... yeah I will take them but treat them as countertrend.. Obviously if the daily engulfed short I would be very wary, but we just had a hint that gold is at a top, may well break north again. Still made a higher swing low on h4 and if this ...

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GOLD H4 inside bar break +50

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yeah im with you on this one Steve, I adopted a little mantra that I chant to myself, i'm not trying to win a trade anymore, that's not good enough, all that matters is that i get the big trade/trades of the week... any losses upto that point are ...

Why do people engage in self destructive behaviors?

Hi Lemna... agree with you 100% an engulf that forms at a swing point is a higher probability trade, 1. it's at the higher TF s/r, 2. it has the greatest possible reward 3. it is coming off fresh supply or demand... I'm often in a dilemma as to ...

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welcome LO... this gives good results for me and the bad days are never that bad...good luck with it

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not managed to catch the big R winner yet this week... its coming though. Im watching next h4 closes on EJ and BRENT

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very nice

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took a loss longing EJ last night... If I had stayed up a bit later could of got the reverse short... got to sleep sometime though

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messed up and closed BRENT... re-entered +41 H4 BRENT

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some valid points but it's not what he claims but where and how he has decided to go about it, there is such a thing as etiquette and just diving into a thread that he has clearly not read and just start spouting about unrelated stuff... it's not ...

Ramblings of a Forex Junkie

this thread has really come into it's own today... dafuq!

Ramblings of a Forex Junkie

whats your strategy then. im always looking for good news strats?

Why aren't traders who straddle the news successful?

nice what... good trade on a slow day

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maybe they all are and hence are not here to answer your post

Why aren't traders who straddle the news successful?

yeah thats gonna be tough to do... try checking your charts every hour or even every 4hours... I promise you 100% in the long run you will make much more profit...

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