Hi Seb, thank you. Where I would enter is a bit dynamic depending on price action. Support levels are pretty easy to identify, so it's a matter of looking at correlations and price action. Today Aussie would be a good gauge as well. I would be ...

Medici trades the London open

GM all. Risk trade and dollar weakness back in fashion it seems. Looking for good long entries around the opens here.

Medici trades the London open

Of like mind indeed! I left employed life after the dotcom bust for similar reasons. On my return, after spending some years travelling and living in different places, fx had gone retail

Medici trades the London open

Thank you for sharing. That sums up my approach as well, as I have made my major life decisions along similar lines. As Mansfield says, "Care no more for the opinions of others, for those voices. Do the hardest thing on earth for you. Act for ...

Medici trades the London open

My pleasure. Long-term charts have their value. One of my more memorable trades was the long in cable on 9 November 2008 from 1.4557 - the 61.8% retracement from the Jan 85 low to the Nov 07 high, as found on a monthly chart. I very much share that ...

Medici trades the London open

No, I don't use pending orders at all, but prefer to base my entries on price action. The reason is that the entry technique is crucial for managing the R:R ratio, and basing entries on price action I can work with a tighter stop. Btw, I love your ...

Medici trades the London open

6272 to be precise, is the 38.2% retracement of the early July drop. It served as support for much of July and August, as a pivot Aug-Sept, and then as support from mid-October until the post-NFP drop early December. The same level, 6272, then ...

Medici trades the London open

Chat apps: Been there, done that, and it leads to lots of noise as people take less care than when posting on a thread. Better trades from other people's analysis: I don't like basing my trades on other people's thinking. Rather, I'd like to use ...

Medici trades the London open

GM Islander, I am wishing you the best for the new trading year! I had a cautious start, as I tend to do after a few days break, but managed to steal my daily 50. Yes, the pivot indicator that you posted couldn't handle the early close, 2pm EST. ...

Medici trades the London open

Morning summary — Started out cautiously and managed to steal a few pips on the short side. When the break of the 6068 level reversed, the selling was over, and a long in cable saved the daily pay cheque. On another note, I am less pleased ...

Medici trades the London open

Closed at 6140 - close to 6143 resistance and daily pivot.

Medici trades the London open

Ditto from 6094.

Medici trades the London open

Out for a few again...

Medici trades the London open

Short again from 6070.

Medici trades the London open

Out for a few.

Medici trades the London open

Short cable from 6086.

Medici trades the London open

The M5 double top pattern around 6am usually means further downside, so I'd be cautious, perhaps looking for a short around 4300.

Medici trades the London open

Hello, good to see you up early. Good trades, but I chose to stay away as the upside potential didn't justify the downside risk. For the upside I'd look to buy on retracement, but first I'd like to see what happens around 7am.

Medici trades the London open

Happy New Year! — Best wishes for the New Year to all, and thank you for contributions this year. See you Monday.

Medici trades the London open

Good Morning. You're welcome, and please feel free to ask questions in relation to the charts. For me the trade consistent with principles applied here was a short at 6am - at top of range and few breakouts at that time - but this morning seems even ...

Medici trades the London open