Miti, nothing will change until one of the zones gives up...40 pips are half of ATR(14)... also, very often range is formed with this number (40) or close to it, the best way to trade range IMO is to take trades of the wall without using a trailing ...

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fxreza, I confine myself only to the chart I trade, I try to find my setups then look for the trigger. Too many variables (political, economic or social news, dollar chart, Swiss frank chart and so forth) to think of, it would make me indecisive. I ...

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Wavegarrick, your input can be used by any trader ( scalper, day, swing or position trader)

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fxreza, what is "normal" reaction?

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it doesn't matter if people ridicule your method of trading or your skills of reading the chart formations and PA, you stick with it and plow forward and longer TF (D)

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yes, someday...when I test the pattern

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koala pattern...just kidding... old fashioned trading based on previous day's range...

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Mizi, you are not alone with this idea...just a few roadblocks on the way up...lol

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Miti, you might have a second chance opportunity (or not...lol) on a-b-c correction. So far the market has a problem to close above the lower boundary of first-hour range @1.13728 (IB-initial balance for those who trade based on a market profile)

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Miti, you just proved with your post you have a trading plan but I have never thought otherwise or had any doubts... Timely entry (area of interest), stop loss, target or trailing and you know how to manage the trade (checking HTF in case the market ...

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it doesn't mean price gets there, it's only projection but momentum is strong to the upside. All depends on your setup TF and your objective. Are you shooting for the home run to the downside or 8-15 pips? are you a day trader, swing trader or ...

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Whoever is selling just be sure to have enough margin

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Miti, when I read your posts I always have the urge to advise you to open the tarot card business. You have such a feeling for the price it's hard to describe.

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Miti, 93% chances that one of Y's Range boundaries will be touched the next day. When you look at the chart today which one has the better chances to be touched? YH or YL?...so 1.13666 is still in play IMO.

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RCtrader, we never know in advance how the market unfolds that's why we have different scenarios knowing what invalidates the setup. As I stated before I don't put too much weight on labeling, Fibonacci relations between the waves and pattern (cycle ...

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RCtrader, it's one of the possibility......I have this setup for some time...check the link..... url and recent chart below.

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Miti, I day trade so fundamentals are not much important to me because I don't hold positions for a long time or even overnight...using technicals analysis I have the same approach like you and many others here, I trade from the zone to the zone, ...

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here it is...... url

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