I understand your point entirely SL, but I do have a question for debate. Why wouldn't anyone see bearish setups in a downtrend? If you take the chart that you are clearly seeing a 200-500 pip downmove, then wait until the week's end, you could ...

james16 Chart Thread

Check out ALL of the articles in the beginners forum. Its a sticky. These are all excellent reads. If you find yourself having disbelief in anything, find out why. Make a discussion out of it. Do whatever it takes to realize the truth in everything.

Forum a substitute for a mentor?

With the help of this forum, I've been able to teach myself how to trade and trade productively. I read a couple books and what not, but for the most part, everything I've learned I've learned here. It's not a mentor that makes a trader, it's the ...

Forum a substitute for a mentor?

Steve, I want to say thank you for contributing to your success as well as mine. Everytime I was in a funk with trading, I'd come over to your thread and read it. I thought to myself; If he can do it, then why can't I? So thanks for being an ...

Steviet's Live Trades!

The safe alternative, Aud/Nzd. Check out the dailies, it turned out to be a bullish engulfing in an uptrend on support. That makes a solid trade opportunity for me. I cant think of any reason not to either, which is why I did. What do you think of ...

Aussie Pairs

The news tonight should be the catalyst for this to move up and really fast. Plan for a large stoploss however.

james16 Chart Thread

Another one that should turn out nicely. The Aus/Nzd. This is a bullish engulfment right off of a support area thats in an uptrend on the dailies. I plan on milking this teat for 100 + pips. lol

james16 Chart Thread

I agree with you. Im just waiting on retracement to jump back into this trade.

james16 Chart Thread

We have a solid buying opportunity on the Aus/Nzd. There is a bullish engulfment pattern right off of the support area. I will have my first take profit area at 1.2075. I will post with more take profit areas in a bit, as I will probably be adding ...

MW's trading journal

The same goes for the NZD/USD. Bearish pin bar in an uptrend, so I'll wait for it to drop to support to buy again. Don't ever sell in an uptrend. Your setting yourself up for failure if you do this. When you sell in an uptrend, your take profit gets ...

MW's trading journal

The Aud/Usd is closing as a bearish pin bar in a solid uptrend. I will NOT sell this pair, but rather wait for it to move down closer to the support area of .9075. Then I will look to buy again as I don't think this uptrend is exhausted one bit. ...

MW's trading journal

Definitely should not have closed out the Usd/Jpy trades. lol. I'm writing this now so that in the future when I've long forgotten this post and I'm reading through. Mike Whiting, your an idiot. Let your profits run. Don't trade when you have other ...

MW's trading journal

Ok, so the 3 Usd/Chf trades that were closed for a profit of 284 pips (I think), 141 pips, and 156 pips. I'll be looking for more opportunities at the day's close.

MW's trading journal

Ok, instead of holding these positions, I decided to close out all of them at 1.1375. I'm going to get some sleep. I will post tomorrow with the outcome of each trade. They were all over a hefty 100 pips profit so now I can sleep easy. I am very ...

MW's trading journal

The Usd/Jpy trades were closed out for 14 pips profit. I ended up not adding to the position when price moved higher than my initial order. My Usd/Chf trades are all going fantastic at the moment and I have locked in a substantial profit on these. I ...

MW's trading journal

The USD/ CHF trades are all in heavy profit now, and I plan on just riding the trend the rest of the way down; selling as we move further south. If we dont move further south, I have all of my protective stops firmly into profit. I closed out the ...

MW's trading journal

Just posting the additions to my USD/CHF short. One at 1.1535 and the other is fairly low (I know I know) at 1.1520. Right now we are in a tight range on the hourlies, but I think this is just consolidation before the trend continuation. Anyways, ...

MW's trading journal

Hey Auslanco, I just wanted to say good luck in your testing! I hope everything turns out great for you. I was thinking of something as well. Some of the instruments you are trading pose quite a bit of "turbulence" compared to the others. For these, ...

Daily/Intraday Momentum Analysis

At the moment, I'm seeing nothing but upwards trend continuations on all of the timeframes that I trade. I think we could see a pullback sometime soon though, just based on the fact that this has been moving up for so long without one. When it ...

Cable Update (GBPUSD)

A long, long time ago in a place far far away, a few brave souls started this very thread. It has seen its times of trial and tribulation, but has survived through the hardships to maintain itself as a something....kinda lost it there...haha have a ...

Cable Update (GBPUSD)