I'm intrigued by the way you and pips29 manage your SL and TP. What do you do? For example, yesterday's EU trade by pips 29: I'm fascinated by the result but more so by the entry criteria. That is, I haven't a clue why he entered long when he did.

A very simple system - trade with arrow

I have just moved my fixed SL from 35 to 30. For now, I take profit at the first s/r. My trading history is littered with trades that have gone +20, +30 and then come back to b/e. I haven't yet focused on which might be worth holding longer and why.

A very simple system - trade with arrow

But Draghi was speaking at the time of the drop so who was to know which way it would go?

A very simple system - trade with arrow

Hi FG, I'm short on GCad after inside bar, bounce off 34ema and hidden divergence. Entering one bar early for me as I like to see a close below the PAC. image

A very simple system - trade with arrow

Thanks for the tip chamane. Let's hope for a good set-up rather than it trailing away in to a 30 pip New York afternoon range.

TMS for M30 charts

Thanks chamane, I'll take a look. K

Hidden divergence

Thanks likica, I've just started to re-focus on divergences after looking into other stuff and I forgot this rule of yours. It's a very valuable rule and thanks for your patience. K

TMS for M30 charts

I agree. For me, I'd be happier if the PAC was a bit closer. What makes you say that the bulls are not ready yet?

TMS for M30 charts

UCad: divergence and a good looking pin at S100.

TMS for M30 charts

Yes. Hidden divergence. Currently looking for a retrace on 30m.

A very simple system - trade with arrow

Well done!

A very simple system - trade with arrow

Doesn't seem to want to bounce off the dol. S38 ahead. Other EURs have just bounced up but ECad hasn't (Edit: yet). Good luck.

A very simple system - trade with arrow

I don't know if this HD on EU H4 breaks your rules. image

Hidden divergence

Hello chamane, And EJ, AJ, GJ, EU.

Hidden divergence

I'm in. Just spotted this hidden divergence. image

A very simple system - trade with arrow

I assume you mean you have your SL below the H1 34ema. If so, that's a long game you're playing FG. Otherwise I'm guessing you would have put your stop below the pin that formed in the hour before LO. I'd be interested to know your thinking that ...

A very simple system - trade with arrow

Not for me FG. Some traffic ahead and, with an ADR of 69 and a generally sluggish morning, a serious risk of death from boredom. Good luck. image

A very simple system - trade with arrow

Must still be on my weekend as I didn't pay too much attention to the S38 and dol when I entered. Didn't like the bounce from that area so out at b/e.

TMS for M30 charts

UCa A tentative Monday morning shot. Trend line break, close below PAC, below 34ema and bounce off H4 200ema (arrowed.) image

TMS for M30 charts

Thanks pips29.

A very simple system - trade with arrow