Hey Seneca! No, not taking flying lessons yet. I've got a couple of friends who are certified instructors, so I'm all set when I finally decide to take the plunge. Have you been out flying recently?

Ramblings of a Forex Junkie

What was your clue that TY would take it up like that?

EURUSD

Just got a new Ergotron Triple Monitor Stand yesterday. Loving how clean it looks. Now I just need to work on wire management. haha image

Show us your workstation!

Yep. The close is very important. A lot of times price will break above, only to push back down immediately (false breakout). Don't get me wrong, if it looks like there is serious momentum behind the move, I'll bail quickly. I've gotten burned too ...

EURUSD

Short at 1.3085. Stop on a 1min close above 3090

EURUSD

Awesome! I wanted to get my VFR rating, but then saw a small plane flip and crash when I worked at SDM (Brown Field, San Diego). Even though it was a student pilot flying an experimental on a windy day, it still left a bad memory in my head. Your ...

Ramblings of a Forex Junkie

Great thread so far. It looks like I got long at the same exact area as you. I'm still holding long from 1.3026. I will look for a pullback here to add additional positions, followed by another breakout to the upside. Although my trade entry was ...

Ramblings of a Forex Junkie

Excellent so far! Can't wait to follow along. I too, am a HUGE fan of Pipeasy.

SETO-Method

I've been reading everything I can on price velocity, momentum, linear/angular velocity and momentum, chaotic theory, etc.... still no luck, but it's interesting to say the least.

Extracted Thread (per thread starter's request)

I'm pissed. Sat on hold for 45 mins with MB Trading support and finally gave up. I received the email Friday about some bogus orders being filled but figured it didn't affect me since my stop was 600 pips above price. Well, it appears that my ...

MB Trading Futures - Introduction

Example — Here is an example from a Cloggie post a couple days ago "There is a new one now, 3148 (instead of 3151). 3166 has changed slightly to 3158 so there you have the latest goss. 3260 still stands. " See what I mean about specific ...

EURUSD

I appreciate the chart and commentary. I was able to draw those same S/R areas on my chart too. Support turning into Resistance and vice versa is a great way to find areas, but I honestly don't think that it's what Cloggie is using to find these ...

EURUSD

Thanks for the explanation. Does this mean you understand exactly how he came up with 1.3231? It's a specific number that doesn't really tie into anything that I see on the chart.

EURUSD

I understand that it's a resistance/supply "area", but Cloggie doesn't work in "areas". He has specific numbers (1.3231 for example) and price follows those numbers. So, I'm trying to figure out where the exact number of 1.3231 comes from.

EURUSD

Which indicator are you using for your pivots? I show 3297 as the weekly R1 on my chart, as well as this site. url Are you sure it's the weekly R1?

EURUSD

3231 — Anyone figure out what this 3231 level is based on? Is it a pivot point, a previous high/low, fibonacci. murray math? I can't seem to figure out where Cloggie came up with it. It seems to be a powerful resistance right now, just as ...

EURUSD

Which pivot point indicator is that?

EURUSD

Thanks for the great commentary today. Enjoy your evening!

EURUSD

I appreciate the response. What will it take for you to consider the hourly and 4hr pointing down? Is that where the test, fail, restest, break comes into play on the higher timeframe?

EURUSD