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4FXsake replied Oct 29, 2013A poor level can mean a poor result! Taking a bit of heat here. Probably going to close.
Edit: Hanging on for the moment as it's close to it's daily range.Fail Better
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4FXsake replied Oct 29, 2013Also looking for SFPs on hourly time frame, but any time frame can work. Daily time frame is good too! An example below on AudUsd. Edit: The green dotted line is a trade I took recently but nothing to do with the example!
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4FXsake replied Oct 29, 2013Hi Michael! Always looking for a rounded retest of support now resistance or vice versa. Not a lot of space here on the retest but not a bad example. Thanks for posting!
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4FXsake replied Oct 24, 2013I take the high of the breakthrough candle (low for long) and add a few pips as my stop. I think Tom recommended this or thereabouts. Remember though that there are no absolute rules here. Tom says from the start that he is a discretionary trader. ...
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4FXsake replied Oct 22, 2013Yes spotted that but didn't take it!
Was worried about highs at the end of Sept and an outside bar on the daily forming today after Non Farm Lotto.Fail Better