nzd/usd — Hourly pivot zone.......

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nzd/usd — Hitting a pivot area as we speak.........looking for price action to prove it wants to fall. Patience.......

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Updates - Eur/Aud / Gbp/Usd — I have to admit I feel fortunate to get the pips I did on these trades. I was long the E/A from a daily buovb retracement entry and was stopped out at 1.6389 after the gap Sunday opening. On Cable I did the same ...

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I play in a band (play out only 3-4 times per month), so I can't help but dig that pic.......ha ha.

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KissFan — I am sure you have been asked this or already answered, but is that you in the picture?

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Cable Seizures — Interesting, what is going on with the GBP? I normally at least know about announcements even though I don't play news, did I miss something? Thanks - Nathan

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Cable — Second test of 1.65 in progress.........anyone else in this pair? Bark, Bark

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HEY, I thought you only kept things 'slightly' serious!! Just kidding of course, I am very grateful for Jim's teachings and the others you mentioned as well. Glad to hear it! GBP/USD On a more serious note, first test of 1.65 failed......

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gbp/usd — Still in this trade, but not sold it will work out. Testing 1.50 area, if it can break through and 1.50 can then act as resisitance it may have a chance to work out but it is early to tell one way or the other. I have tightened my ...

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I wouldn't, but that is just me. I also wouldn't not take a trade based on someone else's opinion though......ha ha. This could work out perfectly for you, too messy for my taste. I would rather wait for action around the 138 or 130 area.

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I don't know that this helps at all (but I have day traded the emini myself), but I think the advantage of higher time frames is the time you have to react. Even when managing stops aggressively as I did on my E/J and U/C trades, it was typically ...

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Benji: Congratulations on only losing 0.25%, I am glad to hear that! BUT, your first live trade is on the 15 minute? You are braver than I am......ha ha.

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It could, but then again if you followed your trading plan then you did the right thing. Right now I view this trade as not working out unless proven otherwise. I expect to reduce my stop loss after today (as of right now), unless it shows me ...

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What is interesting about this pair is the monthly pin forming at a swing high! I don't typically enter monthly bars, BUT I will be watching the daily and weekly for reasons to go short if it closes as a pin. Honestly, this jumps out at me on the ...

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I don't think you did anything wrong with taking this trade (and I don't say that to make me feel better because I am in it too). My stop is still above the daily BEOVB but I am in the red of course due to my entry at 1.467 area. It still could work ...

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Ok, who spiked your coffee? I am keeping a clear mind (love the avatar by the way), just being realistic. The worst thing you can do is convince yourself it will work out, but until my stop is hit for now I will see it through just in case. I ...

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Ha ha.......I know you are just kidding anyway, but I can tell you as a commercial real estate lender at an American Bank I see no signs of it. On the residential side we have inventories for years and on my side (commercial) it isn't much brighter. ...

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gbp/usd — Looking very ugly, if 1.66 doesn't hold I will likely get stopped out for a very quick trade today (losing). Strange, even when I press down on the chart, it just keeps climbing..... I believe I've been neutered on this one........

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Ha ha......well I am partial (see previous post), but we will both find out soon enough. To me, 1.65 is the key. If it closes above this I probably won't stick around and take my loss. If it closes below, I will see what happens next. But that is ...

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Day of Stops — I was stopped out on Usd/Cad (1.0746) and Eur/Jpy (1.3417), but both worked out very well. GBP/USD My retracement entry was hit at 1.6475, but I have to admit I am a little concerned on this trade. If 1.65 holds today then ...

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