Defintely some movement in EU pre-market...no moves in any other pairs. Definitely prudent to cover my EU shorts and enter some longs

My path to financial freedom

Something on my watchlist...

Trading with Deadly Accuracy

Some other charts I have added to my watchlist for the forthcoming week...the areas I'm watching for a potential trading opportunity should be relatively straghtforward...

My path to financial freedom

I expect to see a positive Euro @ open...Greece bailout agreed @5% interest rates - below market standard of >7% url Have taken a very small long on EU on my Oanda platform (open 24/7). Will wait for the market to settle following any reaction ...

My path to financial freedom

Looking through my charts and writing out my 'watchlist' for the week...a list of pairs with either immediate trades I want to take tonight / tomorrow or areas of interest where I'll set MT4 alerts for. I'm not going to go through all of them as my ...

My path to financial freedom

That is definitely a better setup...but still could be better in terms of location - see my post here. url Not decided whether I will take this setup yet , I'm already exposed to GBP via GBP/USD shorts so I'll assess later.

My path to financial freedom

How dare you post a chart in my thread...thou shall die! ...post away, I love sharing opinions. This is my current chart of EG. I dont generally use MA/EMA's but I would definitely include a 350EMA as confluence. I'm presuming you mean Friday's ...

My path to financial freedom

Thanks

My path to financial freedom

I certainly aim to keep it going...it helps me collect my thoughts and easier to be able to look back over trades. Also welcome any other memebers comments on my trades etc.

My path to financial freedom

3. AUD/USD - Price has been in an uptrend but ranging from August last year with a series of lower lows forming but with 7 touches of the area where price now sits (on weekly chart). - There is a lots of potential resistance at both where we are now ...

My path to financial freedom

2. GBP/USD - Price has been trending down in higher timeframes , although we are ina sideways consolidation between 1.4800 - 1.5385 area since February. - price is currently at the top of the range with fib confluence and divergence on 4H. - If ...

My path to financial freedom

I thought I'd share my thoughts on AU, GU and EU as I've taken shorts on all of these pairs on Friday. 1. EUR / USD - We are in a deep down trend on the daily/weekly time frame - Price has risen to a confluence of the TL, fibs, BRN and hidden ...

My path to financial freedom

There is no particular reason for my trades being CT...it's just going with the current 'trend' on that timeline...the break of HH and HL's indicated a trend change (talkng about a short entry) and then it's a case of playing each break of a HL ...

Peaks and Valleys (Trading Naked)

I agree with everyones view on the GBP/CHF pin it's @ a good location and I fully expect it to go the the FTA....however, I defintely would have prefered it at the location marked with an arrow...this would then have been good for longer term move ...

james16 Chart Thread

An example of why I need to be more patient with my trades...USD/CHF - price eventually went to the obvious target area (it did come bac and put the initial position in drawdown first)..I closed @ 1.0707 for a 32 pip gain and 0.54R gain. If I'd left ...

My path to financial freedom

...

Peaks and Valleys (Trading Naked)

My opinion is that the PPZ you marked was broken and it stopped and reversed at the the one on my chart...which was beyond the 61 fib...it was not a highly confluence area enought for me to take a touch trade...but we had a 4HR BUOB 1st time price ...

james16 Chart Thread

Added another position @ 0.9335 same SL 1% Added another GU 1.5374 1% saem SL as original EU short 1.3471 - 2% SL 1.3525 Dollar Index is bouncing from near a PPZ...there might be another leg down to fuly test it i.e. further leg up in xxx/USD but I ...

My path to financial freedom

I got out of gold earlier when it started to retrace and back in again when it hit previous support and back out again @ 1163.40...a PPZ around this area... Looking for reversals now on EU,AU and GU

Peaks and Valleys (Trading Naked)

Now they are the sort of trades I like Gold shot up...took off the TP and took profit manually @ 1163.40 a great %R for 30mins work lol! TAG is now @ 110.57% - doubled my account in 7 trading days I thinks we will see reversals in EU, GU, AU ...

My path to financial freedom