I always try to look for Price Action. It's not that I won't take a trade without it, just that I prefer not to, and as such don't take as many that way. Yes, if I have a good pinbar or something, I like to see it break by the spread +10 as a rough ...

Silent Service Method

I personally will trade most, if not all pairs.

Silent Service Method

I know Etobicoke......got into a little trouble there years ago. Do you guys still have that horrible place called Pizza! Pizza! Ugh. Canadians don't eat well it seems.

Silent Service Method

You are making it too complicated. I gave up on fundamentals 2 years ago. However, if you look at 81.50 - it's minor area. It's decent enough to show up, so I wouldn't trade into it. I might consider shorting it after it broke through there, but it ...

Silent Service Method

A quick synopsis — The basics again.... 1 - Location! Location! Location! Just like in real estate, if it's not in the right neighborhood, it isn't worth as much. Or like the sub, we are waiting to take the fight on our terms. There is nothing ...

Silent Service Method

Right, and any pin.....is just a sign of resistance or support "rejecting" price, this is what we are reacting to.

Silent Service Method

No, there are always buyers and sellers of each and every share. What it measures is better thought of as "interest"....how many people are interested in trading the shares. Maybe someone else here has a better way to put it?

Silent Service Method

Yes, I love it when gaps fill....and make a smaller time frame pinbar or other type of siganl I can trade from. It makes for really tight stops.

Silent Service Method

The other two times were gaps.....if you look, you see one after what could be called a "brick wall", and then the other gap at the top line.

Silent Service Method

By the way.... — By the way.... I know the above Intel chart looks obvious. That's the point. We always want to take obvious, moron-proof trades if ever possible.

Silent Service Method

A chart that I have been watching (and trading lately.) Perhaps we are setting up for yet another short? Short is the trend after all. If I am short on this stock, I will be aiming for something like $12.25

Silent Service Method

If it is what I consider an "A" trade, I will let it go....I won't move my stop up at all until it gets through that first area. Otherwise, I move to B/E at that point, and walk away....what will be will be. Time frame wise, I would say 4 ...

Silent Service Method

I am always a bit cautious about answering this question, mainly because so many people brag about "2,000 pips earned last week." I don't really want to come off as arrogant, an ass, or anything along those lines....there are plenty of those jokers ...

Silent Service Method

I trade 2 day pins all the time, I have found them to be every bit as reliable as a normal Pinocchio Bar.

james16 Chart Thread

Here's a couple of charts that might help:

Silent Service Method

The quickest answer is this: IF it's a counter-trend trade, I aim for that hurdle. I take full profit there, and don't worry about it. Do I miss some big moves that way? Sure, but who cares? IF it's with the trend, I wait and see if it breaks ...

Silent Service Method

Without looking at the charts, (I don't even have them open at the moment...) I would be a little cautious about going long this pair. From memory, I think that there is a S/R "zone" from about 1.30 to 1.32 or even 1.33? None the less, yes.....an ...

Silent Service Method

Uh, yeah...kinda. But don't drag this out too far. It has more to do with relationships in pairs. To be honest, EUR/JPY follows world stock markets more than anything. It has to do with the flow of money around the world. (In and of itself could be ...

Silent Service Method

The other common one is the relationship between these three: EUR/USD GBP/USD EUR/GBP What you are doing is Algebra. You are taking the "USD" out of the equation, once you determine USD overall weakness. Essentially you want to match highly ...

Silent Service Method

Actually, I DO take counter-trend pins.....I tend to aim for the next "hurdle" is the main difference. (I don't trust them to run and run like I do a trend trade.) And it's in an uptrend still.......if you look at the big picture. CW

Silent Service Method