I think first time in a year that I took a trade on eur/chf. Attached is the eur/chf H1 chart.

Trend Trading All Pairs

Many usd pairs broke out of their ranges. I think the trends in many usd pairs are already changed at least for the upcoming weeks.

Trend Trading All Pairs

hm, I always found elliott wave theory quite interesting. However, I never managed to make consistent profits with it. So are you saying according to elliott wave theory we are in a downtrend on the E/U?

Trend Trading All Pairs

Hey NM, do you have a good strategy for times you can't be in front of your computer (like when you sleep)? Cause I normally am in very deep sleep during the asian session, but those asian pairs just move so much during that time. I just feel I am ...

Trend Trading All Pairs

audjpy setup — Hi, attached is the H1 audjpy setup chart. This could become a I don't know how to call it, maybe AOB (Asian open breakout)? Red lines marking the range made in the ny session. If it does break to the downside, just be sure to ...

Trend Trading All Pairs

yeah, with the daily chart I just wanted to show that we broke the d1 S/R level. Sorry for the confusion. My setup chart is the H1. best regards

Trend Trading All Pairs

well, besides your spike to the upside on one bar, it's pretty much the same. Just that I marked the boundaries of the range as I see it, but I agree, it's an ugly looking range. Anyways, still waiting for a bpc.

Trend Trading All Pairs

haha, sorry, forgot the chart

Trend Trading All Pairs

Maybe I post this prematurely, but looks to me like there is a head and shoulders forming on gbpaud H1 (right shoulder still missing). The only counter trend trades I like to take are those kinds which happen at long-term S/R levels, and this one is ...

Trend Trading All Pairs

Oh, thanks for that hint! highly appreciated!

Trend Trading All Pairs

Yeah, I hope after that it retraces back to the 1,4450-1,4480 level. Actually, I am gonna put a sell-order already right there. Gonna scale into that trade a little tomorrow and see how it goes. (I know, normally you should wait for reaction and so ...

Trend Trading All Pairs

yep, but this pair moved too much today, it really gotta retrace now at some point, so I can trade an LOB tomorrow

Trend Trading All Pairs

aud/cad is also looking good. Broke daily resistance. On the H1 it formed a kind of ugly range, but nonetheless I am gonna take the bpc there and wait for price hitting the round number for confirmation. With this trade I try to ride price down till ...

Trend Trading All Pairs

GBP/USD is not as clear for breaking the S/R level, however, if it does break the blue line (daily resistance), we can look for shorts all the way down to the black line (weekly resistance). 400 pips in there

Trend Trading All Pairs

I agree, furthermore, it always helps to draw major S/R levels. Right now aud/usd is plummeting through the daily resistance, like eur/usd. For now I will definitely only search for shorts and definitely not for longs. best regards

Trend Trading All Pairs

Good idea NM, gonna post more of the long-term charts so everybody is aware of the S/R levels! best regards

Trend Trading All Pairs

eur/usd just broke it's daily resistance, as so many other usd pairs. Now we got around 700 pips of free fall. Exciting opportunity. Hope low liquidity around christmas is not gonna screw the setups up. I am planning on getting in at a bigger ...

Trend Trading All Pairs

on what did you base that trade? When I look on the daily you were selling right against support. best regards

Trend Trading All Pairs

Well, it depends on the setup of course, if you have a trend on the 30 min, then a bpc on the 5 min would be good. However, on the gu, I don't see any trend whatsoever. Even if you took a counter-trend entry, you still need a previous trend before. ...

Trend Trading All Pairs

I forgot to mention, gbp/jpy is also setting up for a long london open breakout maybe.

Trend Trading All Pairs