For whatever reason I prefer it to the downside but am long at moment and will be watching closely. It could bust to the upside based on the upside momemtum this week but Friday is also about profit taking and profit protection so we could also see ...

Daily Inside Bars

Possibly the last trade for the week. Dont normally trade Fridays but the daily range so far has been pretty tight so looking at a breakout from this IB for 2:1 possibly more depending on the strength of the move. RT

Daily Inside Bars

So your trading short, trying to pick tops against a good uptrend, with fundamentals backing on the side of selling US and without SL's. What are you aiming for? If your scared then you have more dollars then cents (sense) in play and I would stop ...

EURUSD

Yeah, it is tough to really take on the 15M (or anything less than 4 hourly for me) in regards to IBs but I managed a good return on the pin bar break that followed so essentially reverse the position and made good for 2.5:1 return. You win some and ...

Daily Inside Bars

I agree with the bulk but the get up and walk away still applies to the shorter time frames. It is no different to trading the dailies and not having the discipline to come back tomorrow instead most say this but check there trades 5-6 times a day ...

question: crossing over to winning side

Question for some? Do people believe that the price action/patterns, the information provided by what you see on a 15M chart is extremely different from that on a Daily or Weekly chart? If you answered Yes then I challenge you to print off a bunch ...

question: crossing over to winning side

Took BE SL with the move down to 4273 putting me up by 20ish pips. Was looking for the ride to 30 with that move but a pullback has taken the SL out of play. No loss so + trade for me on that one.

Daily Inside Bars

Most definately — I would be happy to trade even of there was no need for the money. To be honest I dont have alot now but enjoy the simple things in life and have enjoyed travelling when it warrants. Simple life pleasures mean that I dont ...

If You Didn't Need the Money Would You Still Trade?

Chart

Daily Inside Bars

EUR/USD — Couple of smallish 15m IBs on the EUR/USD. Short at1.4293. All candles in the area are PB/IB's that are bullish in nature so gonna see if we can get a 20-30 pip ride south

Daily Inside Bars

So long as it works for you then all the best. Do what feels comfortable and you will trade well, trade out of the comfort zone and you may not trade at all. RT

Daily Inside Bars

I have been doing a lot more short term stuff lately, trading small breakouts with a fixed target in mind, usually some 25-30 pips with a 30 pip SL and then shrinking the risk bar by bar. It has been working out quite well off the 15 min charts. I ...

Daily Inside Bars

I personally see at least 1.41 coming into play and then a break of there could see retest of the lows from this week. I am kinda short term bearish to 1.40, there's good support there but I am also out of the market after a solid week, no point ...

Daily Inside Bars

Nice charts guys. Feel free to pop by anytime. I havent personally taken any IBs over the past few weeks but have been trading breakouts with some good success. Take Care RT

Daily Inside Bars

I just believe in what I see, stuff the others. I dont pay too much attention too them. When they are right everyone is with them, when they're wrong everyone bags them. BTW take profit hit at 1.4111 for me so it is in and out in 31 mins. Take care ...

EURUSD

Perhaps he will short it heavily and put it on the line in the manner Soros did with the Pound

EURUSD

Solid break — Solid breakout from all the long tails on the 15m chart. Looking lower but in at 1.4136, lets see a break of 1.4100.

EURUSD

Wrong, the vast majority of high profit factors come from curve fitting and they dont last very long. Large returns come from large risks, or impecable timing with huge runs or from the famous 99% win ratio threads. A PF of 2.0 is quite high. Like ...

What is Profit Factor calculation?

Can't say I have read much on it but my guess would be that if you where watching 2 USD markets, say EUR/USD and the GBP/USD, if EUR was going up and GBP was going down then the market to trade would be EUR/GBP bullish based on the balance of power ...

both sides of pair for confirmation of trend

I would'nt waste my time. They are the same douche bags that were telling you bank stocks were a great price during the sub prime debacle, buy them now only to watch each one capitulate. They also contain the same minds that tell people like Peter ...

USD/JPY Discussion