Good Question — The safe answer is of course to just get out of the way of big news reports. Thin markets are the biggest nemesis to S&R Levels. I have seen levels hold through big reports such as NFP but it is far from a no brainer. A couple ...

No Brainer Trades

Now you're talking — It has been my experience that the only person standing in the way of a trader's success is often the trader themselves. You will find (if you haven't already) that we us horizontal support and resistance, diagonal ...

No Brainer Trades

I learn more everyday — Good to hear. Even if you never go for the trade over the weekend these gaps can help you find market direction on Sunday.

No Brainer Trades

Gap trades — I actually missed the close today so I don't have any gap orders in this weekend but yes what you describe could certainly pay out if you took it. The good news is if it doesn't work or the gap closes too quickly for you to ...

No Brainer Trades

The Most Profitable Traders and my take on it. — They are experienced- Experience is a great teacher but charges exorbitant fees. I have had people say to me, “I couldn’t sit there and watch a screen for 6,8,12 or whatever hours a day. To this ...

No Brainer Trades

You are spot on — I have posted this level a couple times. 1.0088 has proven to be a strong support. But when it gives away 1.0020-30 is the next frontier

No Brainer Trades

Bravo — Well said. YES it is extremely important to wein out the emotions and adhere to rules. I believe it was Jacko in another thread that once said, the biggest problem facing traders is Undercapitalization. Do not fall victim to the myth ...

No Brainer Trades

Indicators and the traders who love them — OK Rusty I see we need to get you into the 12 step program at Indicators Anonymous. But glad to have you regardless.

No Brainer Trades

Mirror, Mirror on the wall — video OK I feel Lucky so I'm posting some trades after the brew haha this morning with Fannie may and Freddie MAC I'm betting on alittle mean reversion. Thanks FXORCE for the article url Sell EURUSD @ 1.5730-50 ...

No Brainer Trades

To each his own — I base my suggestions, which were solicited, on 3 years of personally recorded data. I personally spend about 3 hours every weekend reviewing the charts and planning the upcoming week. If I say something it comes from my ...

No Brainer Trades

I'm with you C note — I was more responding to the second half of your statement, the detail of which supported the first half of your statement. I probably wasn't clear on that. Keep up the good work.

No Brainer Trades

Gap Trading — Gap trading can work out very well when understood. There are also a few add-on rules that I have that seem to reduce risk. Gaps occur all over the place but the only ones I am interested in are the ones that happen on Sunday. ...

No Brainer Trades

Important level to watch — True that could happen. The other scenario: When the 76.4 fib gets rejected you will usually see a descent pullback and sometimes a trend reversal. While I never bank all I have on the latter there is something to be ...

No Brainer Trades

GBP higher still — GBP has pushed higher still. The 1.9960-50 area is the next resistance area which is near where it closed on Friday. I will be watching Sunday for a gap down. (Which would be bearish) with a retracement to the top of the gap ...

No Brainer Trades

Updates — My no brainer for the GBPUSD turned out to be a NO BRAINS instead. Now looking for the 1.9890 area to hold. If so then I am targeting the 1.9790-80 area. I still look to buy USDCAD at 1.0024 EURJPY spiked higher than I hoped on the ...

No Brainer Trades

EJ — I am short now and if it pushes up to 169.70 I will add on. If it breaks above there then I will re evaluate

No Brainer Trades

Well ..... Actually — It's alittle more clear on the monthly. The exact line that I drew on my chart was 108.87 but it's always an area. Hate to miss a good trade by a pip!

No Brainer Trades

Beware the FOMC statement today — There hasn't been alot of set-ups this week, especially of the No Brainer variety. There has been alot of consolidation leading into this report as is to be expected. No worries. I would rather be out of a ...

No Brainer Trades

HEY HEY Billy Ray! — Good to have you back. What took you so long. Were you detained at Customs? LOL

No Brainer Trades

I am not a big friday trader — and let me tell you why. Thin market conditions. Alot of time you will see price run through lines that would otherwise be valid S&R. USD CHF is approaching 1.0390 area which is a support line and the EURUSD is ...

No Brainer Trades