I am currently watching the USDCAD and USDCHF. They have both given me a bearish trade signal on the 4-H chart. Any price action below the weekly pivot will provide the entry for me to enter a trade to the downside. Trade safe.

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The Brits have spoken. Let's give them all the time they need to work out what is best for them. For us, let's focus on trading better daily. KP

Cable Update (GBPUSD)

Also keep an eye on the 50 FIb which is also near a round number. Interestingly, if you pull down a Fib on the 30 minute chart from the swing high just under the the 200 EMA you can see that the 50 Fib level coincide with 112.400. Fib and 200 EMA ...

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The swing down below the 4-H 20 EMA on EJ appears to provide an interesting outlook. Using the 4-hour as my set up tf and dropping down to the 15 Minute chart for precise trade location, I saw that the 200EMA on the 15 minute is in confluence with ...

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And a lot of -ve people.

Cable Update (GBPUSD)

Amen. But some people on this thread declare war on others who don't share their views - in certain cases, their somewhat jaundiced views

Cable Update (GBPUSD)

7. Keep your eyes on the horizon; get rid of fear - Larry Williams

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Learn to manage your anger. The Brits have spoken.

Cable Update (GBPUSD)

4. Trend is the basis of all profit. 5. Have time on your side; then you can look to using a relatively small position to capture a big move. 6. Beware of opening too many trades to reduce your exposure.

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Tips from Larry Williams: 1. Have a set of conditions, at least three, you want to see the market meet before you enter the trade. 2. Trade your personality, use a trading style and strategy that fit your personality 3. Don't use indicators, ...

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Learn some trapping-the-market ideas from Larry Willams. Click to listen to an interview with Larry Wiliams. Trade safe.

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I have set up a trend line framework for a bearish trade on NZDJPY, using confluence zones. My goal is to trap the pair for a southward push upon a retest of the confluence area and a second rejection of the trend line. See attached. Trade safe. ...

Trap the Market

Still on simple trendline trading: Tracking the NZDJPY for a bearish trade with confluence in mind. See attached. Colored horizontal lines show S/R zones identified on Sunday and earlier in the week. image

What Would You Do Differently Today for Better Trading Results?

Democracy is it!

Cable Update (GBPUSD)

Yes indeed. It is important to know and master a functional trading strategy, understand what uniquely defines the strategy and how it gives you a profitable trading edge over the market.

What Would You Do Differently Today for Better Trading Results?

Hi, mate! I don't want to showcase my trades on this thread; in fact I rarely do except in my trading journal thread. Nevertheless, I will give the example of two trades I took recently, USDCAD (short on July 1) and EURJPY (short yesterday), based ...

What Would You Do Differently Today for Better Trading Results?

Basic Forex trading recognises the use of trend lines. However, since joining FF in December 2015 I have been put off by the confusing trend line formats and patterns shown on some of the threads I visit. Why can't we just engage in simple trend ...

What Would You Do Differently Today for Better Trading Results?