Oh yeahhhhhhhhhhh..... Super big trigger.

EURUSD

Trailed out now with a 5.5 point profit. As of right now a pending sell at 1.28009 Long position is now considered a dud to me.

EURUSD

Which is why I base my buy and sells on price action.

EURUSD

Pulling back very nicely from entire. Stop loss of 6 is now a trail stop of +5 now.

EURUSD

So far PLUS 4 on this position. And we are heading to the 1.27998 support line. Should we close under that price, we should see a pull back to the 1.2790 area...

EURUSD

Hello everyone. Looks like I've missed a lot of action. As of right now I would sell EUR. sl is 6 points from the current price.

EURUSD

Well my goal is to change my families quailty of life by earning triple my monthly salary by trading forex. Even if I do spend 6 hours a day on the computer.

EURUSD

Honestly no. Only because when Im trading big lot sizes. I do not chat. Plus I work during the day so no real time to chat. Yet Im on my way home now. Yet, the market slows down around this time.

EURUSD

Yes that is what i meant.Yet really the formations will be repeated.in on all tf. Its just that higher tf give you less accurate entries.

EURUSD

High Tf is a slow painful death. I believe they revenge trade more then anyone else. You know the type which use words like STOP LOSS HUNT, MANIPULATING MOVEMENT, SHORT SQUEEZE. JUST to name a few. They seem to believe the market is against them. ...

EURUSD

Devo I will try to create a thread and share aspects of my setup. Add me as a friend here on FF so you can follow my progress. There are only about 8 formations on the 1m chart. So not much to study. You just have to always have 1)Tight stop loss 5 ...

EURUSD

Think about it this way. 90% of those who deposit in forex end up redepositing before they ever withdraw. And since trading on 1m (scalping) is considered unorthodox. That would imply those 90% are losing their shirts on higher time frames. That ...

EURUSD

Your 100% correct. I think with my entries, and a partner who can predict higher tp I would be the BEST TRADER IN THE WORLD! Yet I am so bias to 1m trading, i refuse to even click 5m on my mt4.

EURUSD

Now believe it or not. THAT IS THE BEST SYSTEM. Pattern recognition. Especially using 1m chart. I lie to you not. If you can study the 8 or so patterns (using the visual aid of bollingerbands) and just have the patients to let the formation complete ...

EURUSD

Do you recall the long position i had. Well I closed it for .30 profit. Only because I already had it set in my mind, that if it didn't rocket north, Then it would fall down far enough not worth holding it. And I was correct. I trailed stop the ...

EURUSD

Very well said Doom. Yet, look at the those who trade on higher tf. They more then likely spend most of their time in red. Only because they are aiming for a specific TP. Which inturn means they are risking less per point to have the cushion of a ...

EURUSD

Excellent point. Yet let me give you a tad of advice. If you have a system. Even if it is price action using Bollingerbands as I use. Your losses are almost 100% results of not following the very same rules your created. Ever back tested your ...

EURUSD

Well. I think it is the fact that we have so many different P.O.V. on the same data it becomes very hard to see what the market for what it is.

EURUSD

Triple top broken. Now watch this. buhahahha

EURUSD

On 1m chart this is a "Franklin triple top" Basically accumulation at the last high created, without a recross of the last low of the bottom band last crossed on BBANDS PERIOD 10 PERIOD 2. Frankin triple top will lead to a pop up to nearest pivot.

EURUSD