Nice explanation thanks. This I wasn't expecting but hey I'll take it, no idea why this happened. image

Up and under price pattern

How did you get on? looks like a bit of a chop fest. At the same moment you could have taken the same trade on EURUSD (2692) with a smaller spread and just 5-7pip drawdown, and it went for 40pips. Even better was EURUSD long @2608. I went long ...

Up and under price pattern

Apart from the fact that I don't have any experience with these crosses that looks good, I like to see a nice sharp sell off like that.

Up and under price pattern

Totally agree, hope it works out for you.

Up and under price pattern

Hi, nice charts, and yeah good structure. I trade off the line to try and get the best price but sometimes it turns before, as seen here. I can live with that and just look for another trade but there are many ways to skin this rabbit.

Up and under price pattern

Hi, here's this beautiful pattern in play on the USDJPY. image

Up and under price pattern

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Up and under price pattern

Hi Rich, yeah four nations coming up. NZDUSD, a dogs dinner of a pair. I don't trade it anyway, but I personally wouldn't have gone for that trade. I want to see the trigger level much closer to the swing high/low, and the swing high/low itself ...

Up and under price pattern

Stop wanking and start trading. image

Up and under price pattern

Same principles apply, recent swing broken shoulder 9597 for a short, 9419 long, 9778 short, let's see what happens. image

Up and under price pattern

Excellent guys, hope you make it work for you.

Up and under price pattern

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Up and under price pattern

The way I saw intraday EU today in respect of 'up & under' patterns and broken 'uu' patterns. image image

Up and under price pattern

Two LO momentum set-ups on these highly -ve correlated pairs, followed by a broken shoulder (quasimodo) retest. image image

London Open Strategy

Todays trade fading strong momo. First trouble areas were the blue line levels (in my book) could very easily have turned there. Once they had been broken, what I call a broken shoulder, I was looking for another long. image Price comes back and ...

London Open Strategy

you're funny.

London Open Strategy

Ok thanks for replying, I'll quit here so I don't spoil your thread and annoy you and the faithful. All the best.

Consequence Pilot Level Trading

I see, that's a pretty defensive reply, I thought it was a reasonable question considering the amount of concentration needed to scalp the market all day long.

Consequence Pilot Level Trading

Couple of questions: How do you watch a chart all day, 5 days a week and not burn out? You're only looking for 15pips a day so to make those hours pay you need some leverage right? I presume you're not playing for a $ a pip. So to keep the leverage ...

Consequence Pilot Level Trading

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London Open Strategy