Moty, a very reasonable objective for swing trade (3-4 days)...1.2351 a first hurdle.

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asgcorp, have you ever heard about dual time frame trading (one for analysis, one for entry/exit)? If someone enjoys watching the 4H charts to see if support/resistance holds I am ok with this too...

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thevisitor, target very doable especially if GU takes out inflection point YCL but why to enter so high? Notice that B went almost to 0.886 ret. so 1.13 ext, if YH is taken out, might be the first option to TP ...don't give up on higher targets just ...

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ease, easy let's take step by step...massive support underneath, it may take some time and GU has to take out daily PP.

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day after day...same ol' same ol'

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be vigilant my friend...

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msniper, how would you label move from W_4 to W_5?

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...

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just the chart...

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Moty is a good, transparent guy, not a simulator jockey...and he never insists saying sell now/ buy now...By the way Knot, do you know the criteria to get red diamond?

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Moty, stick to your plan, don't be the bird watcher, for intraday trades you can swing like broken doors for 20-30 pips per trade during NY session. Friday's High is objective right now.

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coderr, if you use EW on your chart please check the rules and guidelines for it... url , otherwise disregard my advice and share with us your method of trading. Good luck with your trading

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Not-KPMG, depends on how deep pockets and how strong stomach for DD someone has...personally I wouldn't trade this strategy although I trade ranges (Globex, Weekly, Daily) but enter only on a retracement to 50-78.6% in direction of the trend (HH-HL; ...

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Not-KPMG, my point is that if someone truly desires to learn something and be good at this, it is very, very possible...TT used 20 and 55 H/L breakout system on daily chart... url Stay cool KPMG.

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Entry @1.22924, SL @1.22824 TP on the chart...On the way up a lot of inflection points: YL, NY Open, YCL and 2 TL...a lot to overcome.

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MXT, if a trader knows his/her trading method to the point he/she puke with it (sorry) and apply it to the letter for 1-3 years there is no way they are unsuccessful...do you know Turtles traders story from 80'?

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asgcorp, 90% correct of TA doesn't translate into a 90% winning rate (which still means nothing to me) unless someone counts +1 tick/pip scratch as a profit.

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asgcorp, I agree... I treat my 8-12 pips/points zones as thick horizontal lines...I posted this pic in other thread a long time ago... Edit: Of course reverse the picture for short trade...

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MXT, as any other method...

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If the green zone breaks you might have your wish...

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