GBPCHF — Here's a potential setup to keep an eye on. This is going to take a long while to setup, and I'd hate to try and predict the market, as someone we all know once said: "Trading is not about predicting the next move - it's about ...

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Read all the posts by Darkstar. He gives a very valuable insight into the workings of the market. I know he took on Mike (mbqb11) as his apprentice, and Mike is one of the most consistent traders around I know. I've got all the time in the day for ...

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Although my joining date is listed as Jan 2009, (I changed my login name then to match another forum), I've actually been on FF since 2007. I came across these posts a long time ago and was convinced then that WTB was in fact Hector. The graphics, ...

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Yeah, seriously good work Custos. Got your sniper rifle on overdrive this week!

Trend Trading All Pairs

Yep, if you only focus on the Hector method and master that, you'll be set for life. Add a few more to it over time and your laughing. You'd be an invaluable employee for any investment firm. I really enjoy everyone sharing their ideas here. Makes ...

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Anytime, I'm glad you could get something from it

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Absolutely NM. Just take a look at any chart around the time of rate announcements and NFP. You're just gambling with your money. Wait for those high probability setups, they occur often enough, and your account will grow nicely. If you want to ...

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Hey EntropLad, Here's a bare chart on another 4h close which helps to explain my entry. The 2.0000 level was the key reaction point that we'd indentified from the swings, fib retraces etc, etc. Sometimes if I get the right price action I'll take a ...

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Pretty much spot on. The only thing I'd add is that the JPY pairs do tend to be highly correlated with each other, also as a derivative of USD involvement. It's always worth looking at what levels other JPY pairs are at before taking a trade. As ...

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My entry on EURJPY was based upon the 15min pin bar we got on the pullback to retest the descending trendline, as marked on the chart. Price moved nicely into progit and I was able to get my stop to BE well before the news hit. Did we really need ...

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If it does break the current support then i agree with the next level you've identified at 1.9450-1.9500.

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Hi Pipalicious, Yep, the EURJPY is also a good looking setup, very similar to CHFJPY. Descending trendline 50% fib retracement Previous swing low Dynamic area Also, if you zoom right out on the chart and mark that previous swing low, you'll see that ...

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Definitely worth keeping an eye on, but there's a couple hours to go until then, so this could break well before the news starts to take effect. If it does trigger and I'm in, I'll cover my position before the news breaks.

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chfjpy chart — 4h swing into Dynamic Area Trendline 50% fib retrace Nice retracement trendline, broken Just waiting for retest and then continuation...

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CHFJPY is the best looking setup for today IMO.

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Hi A5, Sorry, missed this yesterday. Congrats on your first real entry Keep it simple, look for confluence first before looking for setups. The best ones will jump out at you. One of the best ways to learn is to post charts and ask ...

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Hi EntropyLad, My chart below shows my trade, which I've now closed. I'll walk you through it so you can see what I did. Price broke the 1,2,3 formation at the red rectangle. Rather than enter here, I waited for a pullback towards the trendline and ...

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Nice trade Custos! Great minds Again, I don't want to clutter this thread with other strategies, but will post this one setup as I saw it. (for lower timeframe stuff see here: url ) I was watching the same area, but with a trendline confluence ...

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Possible setup forming for tomorrow... EURNZD swinging on the daily. Confluence factors: 38.2% fib from large move down 61.8% fib from recent swing 2.0000 BIG round number Area between 30 and 50 sma 4H chart: 1-2-3 formation Break of retracement ...

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I agree Custos. Normally I wouldn't be taking any positions when interest rate announcements are due, same with NFP etc. However, the fact that there was so much confluence going on made this a no brainer for me. It was also very early in the ...

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