UK GDP figures out this morning for anyone in cable. Gold, Eurusd, Usdchf all likely to trigger today.... may the pips be with you.

Fail Better

My plans for EJ at the moment are SFP of 111.42/111.58 short, or break RR of 108.57 short. Lots of opportunity out there.....SP500 going to the moon, that's pushing USDCAD further south. RR 1412?

Fail Better

Yes great move, 90 odd pips straight down. The SFP off a minor H1 swing (9910) now is a nice exit signal. 20 period ATR way over. PEX, I prefer gold RR over silver as the level is cleaner.....but.... I'm missing an element of confluence as it's only ...

Fail Better

....sorry but that isn't an H1 SFP.

Fail Better

I'm using it as bias then looking at how I might get short on the hourly. I'm looking at the circled area, pretty much parity. It might go without me... image

Fail Better

image I know this pair can be tricky but SFP's like this market. I've been looking at the 4hr chart of this pair over the last 5mths for SFP's and have 16 winners out of 22 trades.

Fail Better

image Nice fib confluence as well. You could probably also make a case for a reverse HS pattern. If that turns out to be a neckline then a RR off of 3290 long is the plan. image UJ very interesting this week with Tom talking about this top ...

Fail Better

SFP= Swing Failure Pattern RR= Rounded Retest Read the beginning of the thread for more idea of what's being discussed.

Fail Better

image I know it's not an sfp or RR but it looked a good example for people trying to identify patterns like this. nb: as I post it has collapsed and broken the neckline.

Fail Better

USDCAD this month so far. Just trying to build an idea of where these work and where they don't work for the records. image

Fail Better

I prefer this EURJPY.... Tom on twitter earlier: Trader_Dante: Eyes on $EURJPY today at 108.71 for break / retest. This setups up for a test of the 109.94 highs image also USDCHF potential sfp levels for me.. image

Fail Better

Yes looks good, Tom has mentioned that he would like to see a significant break here before the retest. No little bumps.

Fail Better

Today has been interesting SILVER.... retrace? image USDCAD.... looking for an sfp up here image AUDUSD.... an express train image GBPUSD....and some say markets are random image

Fail Better

Got lucky — image Not a good trade even though I've managed to get out unscathed. I've traded here just to be in a trade and not miss out, should have had my a#se handed to me on a plate...... got away with it.

Fail Better

That's good advice Robert, and it works.

Fail Better

There was yes, e-mail him again.

Fail Better

....or nothing at all image My short order was maybe asking to much, the double top guys shorting me out of the game. I've been so tempted to just dive into this today but I've held off looking for a fill on a retest of 3282 but it's all ...

Fail Better

Just some observations from my note-book in February. NZDUSD- Price ranging all month 4 SFP's, 3 with long term trend, 1 against. Occuring best at price extremes. Stop behind wick low/high never threatened. Max Stop 20pips. ATR around 80. image ...

Fail Better

image ...for richer or poorer

Fail Better

Yeah, he did say it was aggressive and sometimes it pays. We are paid to take risk.

Fail Better