Commonsense tells me that nothing goes in one direction forever which implies cycles will eventually overcome, and win.

EURUSD

Specifically, what are you meaning by the value cycle?

EURUSD

Yeah, the speech release seems uneventful.

EURUSD

No problem. There is a similar system here with more explanation about how to use the ATR, etc.

Weekly system (Set and forget)

Yeah, who knows, but looking in that direction, there is a pattern play that would reach 1812. It's too confusing to look at longterm. Short term intraday is easier without much hassle. Trade hits your target and you're done for the day. Not much ...

EURUSD

So you're saying his sell limit at 1830 is not likely to get triggered? I'm not sure if I get what you're saying.

EURUSD

Exactly, otherwise it's essentially a pointless conversation because nothing can be solved by traders talking or venting about it on FF. We should be here to make money, not perpetuate the nonsense of politicians.

EURUSD

I'm going to do a sell also but I'm trading intraday. What will be your target for the 1830 short?

EURUSD

I don't use ATR but I'll try to help. Your trading platform should have the ATR indicator with adjustable parameters. Apply the ATR indicator to H4, set the period to 14, and there might also be a Deviation parameter; set that to 1.5. So then, ...

Weekly system (Set and forget)

Speeches usually result in choppy sideways action.

EURUSD

Nice tool. In order to test other possibilities, can you set a parameter for the number of lines to show?

Weekly system (Set and forget)

Are you meaning a weekend gap or during the week gap? This could be interesting.

EURUSD

It was for that particular trade, yes.

EURUSD

Things like this tend to work better on EURUSD probably because it's the most traded pair, not to mention the very small spread.

Weekly system (Set and forget)

Almost always about 2% but not more, sometimes as low as 0.5% depending on the level of confidence with risk to reward of about 1:1.

EURUSD

I'm not greedy, even 10 pips for one day is good when risking the right amount. Done trading for the day. See you guys tomorrow. image

EURUSD

Have you tried other pairs or just prefer EURUSD?

EURUSD

Seem like the vigorous push up has ended. Looks to be a volatile range between 1737 and 1773. I'm biased short, hope I have a good place to short from to about 1740.

EURUSD

What's 1174 or 1172? Are you referring to EURUSD?

EURUSD

What are some trades that look likely for the upcoming session? I'm thinking a short to 1.1740.

EURUSD