Great post, we mark out key S&R and watch how the waves react to them and enter in their directions

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Ddaytrader How do you determine which is the correct wave? Looking at your entry point I would have drawn my waves as attached and taking a long for a loss. Can you please explain how you filter out waves / decide which is the correct one?

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lLower low broken so trade cancelled.

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GBPUSD — Buy stop in place for GBPUSD: EP 1.6002 SL 1.5960 TP 1.6037

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TAH I was that SR area before my entry, what made me look past it was an even bigger SR just below it which is where my stop loss is (see 4H chart below). Another factor is if you look at the 1H chart the waves are starting to indicate a long. I ...

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TAH, Have you heard on the Swiss Army EA? It allows you to get to break even after a set number if pips, If I can't monitor my trades I set it to get to BE after reaching 75% of my target.

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EURJPY — I've entered long on EURJPY Reasons for entry: Good PA Wave & Break out of consolidation area EP 109.01 SL 108.65 TP 109.50 Anyone have any opinions on this entry?

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OK thanks TAH, I haven't yet had a chance to go through all your posts yet but i will and hopefully that will shed more light on the way you trade.

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Thank you for your response ddaytrader, it raises more questions than answers for me :S Did you see mark your wave as attached picture? I'm only on p25 of all your posts so you may have changed the way you trade but in your old post you say you like ...

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AUDUSD Hi Ddaytrader I've been going through all your posts and would love to have your oponion on this entry. Is this a trade you would have taken? EP - 1.0518 SL - 1.0556 TP 1 - 1.0465 TP 2 - 1.0422 Hi TAH, Why did you exit before your TP or SL ...

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Thank you so much hans, most appreciated

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I think I Got it now hansma, thank you very much To summarize, if you are looking for a long you look for a new HL, there will be many of these so you look for one where after the HL price shoots up, then wait for price to retrace into the ...

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Almost there I think, are you saying point C can be any support and resistance level? For better results it should be a recent one from the breakout of a recent wave? Can you please comment on the attached two charts? For the EURJPY chart would you ...

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yes it does thank you I've been looking at some of your old charts but I can't seem to see you using this method to verify point C, please can you explain on this chart you previously posted? thanks

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Hi Hansma, In that case I have drawn what I think is the previous wave in yellow, should the break out point be the purple line then?

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Hi Hansma, What do you mean by breakout area? Do you look at the previous wave to your Point A and look for price to breach the high of the previous wave? Is that what you mean as break out area? :S thanks, P

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Hi Nando, How do you use the RSX? Do you look for it to be sloping upwards for long and opposite for shorts? Or do you use it for divergence? Thanks, P

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Trades I'm in: NZDUSD -long EURUSD - short EURGNP - short Any comments?

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Hi hansma Please can you let me have your oponion on post 25026? url Thanks,

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EURUSD — Hi Guys, Is this a good Entry? Reasons for entry: Price broke our of a consolidating triangle on the 4H Plulled back to retest a clear 4H S&R area Long wave formed

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