Hi Price Action Channel (PAC) is detailed on page 13 of the ebook. It can be very useful as a confirmation of entering or exiting a trade. Also a confirmation of price consolidation. cheers

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Hi Brekz, About the time your trade turned against you the Greeks announced that they had got a plan they had given to the Eurozone. Monday could also be messy as the big debt meeting with the Euro leaders is Sunday evening (Europe time)

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Nice use of different TFs mkfx

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Hi Dan, The trade was managed by Cavemanager which moved S/L to BE at +25 pips and closed 33% of the trade at each of the TP. That allowed me to concentrate on GU, EU, and EJ trades

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Bit of Dragon Riding GBPJPY H1 +150 (+25 +50 +75) Entered after after close of APB outside pack TP3 set for YL. Red and green TDI separating. image

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Hi miketrem, Welcome to TMS. If you set up MT4 to show Bar Chart (F8>Common tab) you can have the Synergy Pro APB and the actual price open and close showing (white marks in screenshot) You can also set them to be in the foreground if you wish. ...

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Hi Zz I actually use an emergency S/L of 50 pips and reduce it as price moves. I would have been ready to get out if price had broken the point that OS indicated (WRB). If I wasn't using this I'd have placed my S/L about 15-20 pips above the PAC. ...

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Hi Zz Where was yesterday's low and had price closed below it. Also you will need a bigger S/L on GBP pairs.

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Thanks OS. Like you I thought EA might go higher but I can see some S/R around 1.456.

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Took advantage of the Aussie dive GBPAUD H1 +75 (+25 +50) image EURAUD H1 +75 (+25 +50) image Both entries at close of LO. Checking that EA had broken the 200ema. All 3 TDI lines heading up and red and green separating on both trades.

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Looks like it is going OK. Tomorrow (Thursday) might be a challenge as H4, D1 and WK are deep into the below 32 zone. Don't let this put you off, just manage what you have got. I think there is at least another days run on this trade but ...

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Nice trade TSS. It wasn't very easy out there today.

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Nice Trade OS. That chart and entry should be in a text book

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Thanks for the explanation TSS. Very interesting and enlightening.

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Nice trade TSS But I have a question. If I was taking the trade I would have waited for the break of the trend line 6 APB later. What did you spot that I'm missing

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GBPCAD +115 (+25 +50 +40) Entered 15 mins after news once price had broken above nearby high. TP 1 & 2 hit, TP3 was set for 100 pips which was missed by 7. TSL was hit with reverse due to US news data. Lesson learned, check the news calendar closely ...

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Nice trading MRAussieFX. I notice you are big user of Daily/Weekly Fibs

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Nice OS

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EURUSD H1 +145 (+25 +70 +50) Entered after price had bounced off the RN and a possible rally during Asian session which is not my usual trading style but I had just got home after a trip so took the trade before going to bed . Entry was made ...

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Hi Ballistical Yes I'm a reasonably new member of FF, in this incarnation , but have been a reader since way before this thread was started and a user of TMS in it's various forms for some 5 or more years. As far as LO is concerned with EA, I had ...

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