The "fractal" definition of SH/SL is a good one, and I use it every day so please don't take this as a dis or anything, but there is another definition which probably suits the OP better: url Using MSH/MSL as the "term". Pinbar on daily should ...

Trading Daily Pin Bar

My my Grandma, What a large engulf you have. image

EURUSD

Worth noting: Gold/Euro correlation is a misconception. GBPUSD is closer correlated to EURUSD than gold is. EURUSD used to be 90% correlated to ES futures, but these days EURJPY has taken that role since JPY is the "new" funding currency. I would ...

EURUSD

Please see above. But this is also possible:

EURUSD

Thanks, ok I deleted my links. My analysis was (since Jan 4): 1. Short break of 1151 2. Bears need to keep price below 1131 to take 1050 3. 1075 will be a bear trap 4. 1050 will be the China bid. That is exactly how it played out, and my shorts from ...

EURUSD

I have not traded gold since 1050. Please see my analysis and charts in play since Jan 11 (roughly): Delete URL I have not updated this analysis since it is still intact. 1137 is the line in the sand. 992 is where the price would be without China. ...

EURUSD

I think, trade your chart. But I am already long. Small lots on this counter-trend trade, but if we reverse strongly from here I will keep adding longs to breaks of daily highs (especially todays, once it is finished).

EURUSD

I am buying the Euro today. Stops below the current weekly low. ZH had an interesting quant article about various trading instruments during a 30 day window after the Fed has previously raised discount rates. Mostly counter-intuitive to the market, ...

EURUSD

Best to use a std. dev or EMA of volume rather than an arbitrary value like 970. Both BetterVolume and Hidden Gap Volume indicators provide this functionality.

AUD/USD

GMAE traders. kourtney, just use a 3MA of std.dev or 3MA of bollinger bandwidth and write an alarm on crossover. MT4 is completely programmable, take advantage of it. If you can't code let me know I will write it for you. Well, looks like I missed ...

AUD/USD

Zooming in a little on the chart posted earlier. London bulls don't seem to have done much convincing work tonight, we had some buyers initially but looks like they have abandoned ship in favour of ranging around the MPP. My guess is if there is ...

AUD/USD

Holding shorts. See prev posts for entry. Taken some lots off already though.

AUD/USD

Thoughts. Chart is a bit messy today but there you go, sometimes I'm a bit messy. Today is probably the last day to short the AUD on the cheap up against the 0.9025 resistance. If we go up today (and make no mistake, it is higher probability today ...

AUD/USD

But this ugliness is exactly what European exporters want. Just witness every day as Japanese corporates try to short USDJPY and EURJPY (already at record low levels) to keep their game hedged. Imagine if Germany (largest exports in Europe, one of ...

EURUSD

With you today. 9028 is my stop, took a short from daily R1 but my broker slipped me a few pips below that in what was obviously some crappy liquidity even though China is supposed to be back on the bid now. Leaving work now. See you London ...

AUD/USD

Let's assume that the mess of Oct/Nov 09 was indeed wave 5 impulse completion. Thus, the predicted a-b-c pattern is definitely apparent from there on the daily/weekly chart. Now. Where will it end? I have included a fib expansion of my assumed wave ...

EURUSD

url I tried to warn everyone, most just laughed.

EURUSD

What happened to "don't think, just short" on Friday after which we rose 80 odd pips? Real pros in this thread...

AUD/USD

I had a nice day on some AUD longs, but signed off about an hour into the NY session so missed the craziness. Hope all is ok for you bro.

EURUSD

Years? Or...2 hours and 14 minutes until retail brokers are offering shorts at 90?

AUD/USD