Hi rabhni, I see RN (82.50) and DOL very close and both have had a reaction recently. Also MBL is moving up maybe there are some buyers about. Now look at the H4 what do you see, agreement or conflict? cheers

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Thanks OS I hope all H1 traders have drawn up their plans (A & B) and set their levels for next week EURUSD traders might want to watch 1.1300 and 1.1450/1.1500 levels

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Hi rabhni, Regardless of the pair I regard BRN's as important. As a rough rule of thumb, if price has been rejected twice or more from the same point it can be regarded as S/R. If you extend a line from a BRN/RN and see that price has been rejected ...

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I completely missed the BRN 1.59. Never ignore a BRN. Why are RN's important to us and what can price do at a RN ? 25 virtual green pips for the first correct answer. Tip: set an alarm at local RN on the pairs you watch and see what price ...

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OK if I'm reading this right and you entered were the arrow is, it looks like you got caught out by the news spike. If you look at my screenshot you'll notice that the APB you entered on is smaller than the preceding one, has wicks both ends and ...

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Hi shay, Can you mark the chart with were you entered. cheers

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Hi tibovwh, If you look at your M15 to me it looks like the TDI was flattening when you entered which means H1 would pull back. Also you entered straight into a BRN (1.5900). If you are looking to enter on M15 and walk it up the TF you need to treat ...

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Nice trade again TSS. Not sure I could have kept my nerve during the second hour with the spike.

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GBPUSD H1 +60 First trade taken at LO on H1. Price had been bouncing on the 200ema and RN during Asian session. Big spike at FO which can catch you out if you are not careful TP set just below YH and local S/R. Second trade taken at NYO +1 on M15 ...

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Hi rabhni, What I was pointing out was the the H1 TDI cross and H4 TDI cross were in different directions and the ABP were opposite colors. I wouldn't take this trade because who is in charge, buyers or sellers? I look at it as there being 3 trends ...

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Hi, The basic answer is that the nature of the market as a whole has changed over the years since BigE started the thread. Most of us have had to adapt to that but the core method is still as originally posted.

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Hi since, If you back test a pair you will see that there are certain times of day when price reacts. For example NU has made a big move around LO+5 most days recently. If you study various USD pairs you will see that at certain times of day there ...

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Nice busy day TSS

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Nice trade Ballistical and a brilliant, clear and concise explanation of the reasoning. This is worth printing and keeping to hand. Remember the market has a habit of repeating itself

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NZDUSD H1 +25 Missed the entry this morning so waited for the retrace. Entered after the break of the BRN and the usual NY move. TP set below previous S/R to the left. image

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Hi RN indicator is BN Levels v1.02 in the paperclip. Your trade was against a bullish move since Asian Open and in conflict with H4 which was also bullish. If you want to take that sort of trade drop down to the M15 and see if it has any potential. ...

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Well done. The reasons I didn't take the trade when you did where. 1. Price had been bouncing off YH and 50ema for the duration of the first red APB. 2. DOL was directly below price. 3. There was local S/R (Asian channel) and a rising ...

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Keep watching it might do it again before the end of the day

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GBPUSD M15 +25 Price had stalled on the H1 so dropped down to M15. Price rejected off previous month low (S/R) and the entry APB broke away from the RN. Nice TDI cross with green, red and MBL all heading in the same direction. TP set just below BRN. ...

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Hi since, Had I seen your first post I would have given my opinion. However, as you have taken the trade it would be a bit unfair to comment. So let's wait and see how the trade works out. Manage it well

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