A lower close will put a nice pin on the daily. JC

If you love the EUR/JPY and you know it... clap your hands!

Now do we see a lower LTL forming on the 1hr or a turn and run as this pair loves to do or a retest of high? JC

If you love the EUR/JPY and you know it... clap your hands!

I'm waiting for 1) A break of the LTL 2) 4hr bearish PA showing LTL really broken Then on any pullback I will look for resis and start building shorts on those. I'm happy not to get the top or near top. JC

If you love the EUR/JPY and you know it... clap your hands!

I short scalped at 131.90, just before your second last dot. PA on the 1m from there did not look good. Got out for 1 pip. They all count

If you love the EUR/JPY and you know it... clap your hands!

The current 4hr bar needed this push to keep it bullish. Spose we wait till the next one

If you love the EUR/JPY and you know it... clap your hands!

Seems 161.8% fib from last down trend and your wedge is a bit of a resis now. You would think that it will push through the 161.8* fib today sometime. JC

If you love the EUR/JPY and you know it... clap your hands!

Nothing stopping a last dash for 61.8% fib from 6 April and the 161.8% fib from last down trend. They are just below today's R2. But first another bounce off or around the LTL or a power break through it. I'm certainly looking for some decent PA ...

If you love the EUR/JPY and you know it... clap your hands!

Afternoon all, nice to see the thread gaining support, something EJ seems to be getting a measure of today. Later, JC

If you love the EUR/JPY and you know it... clap your hands!

I can't tell you what to do. If I were you I would look at the many martingle related threads and make an unbiased judgement at both sides of the arguments. I would never use it, because I've chosen one side of the argument, but this doesn't mean ...

EURUSD

Excelent analogy, it's so true. JC

If you love the EUR/JPY and you know it... clap your hands!

Hi quantz Keep your chin up. Trading is not everything. Better to keep your attitude in check in loosing streaks than getting angry or loosing hope (not that I know what you're feeling, but I know we have almost all been there). Life is more ...

EURUSD

This is the habit I am trying to get into, but habits are hard to break. I will get there. JC

If you love the EUR/JPY and you know it... clap your hands!

I've been watching that bar all day and saying it doesn't look good for my short made early this morning (once again I entered without confirmation). However, I'll let my stop do it's work. Trends (from 6 April) are often broken like this and resume ...

If you love the EUR/JPY and you know it... clap your hands!

Ooo, thanks for the thread. One I've not yet read. The first post is different/good. JC

EURUSD

I would hope not much. But hope is futile. JC

If you love the EUR/JPY and you know it... clap your hands!

Thanks for the indicator. Granted, why I don't predict anymore and rather react to PA, is because I naturaly want trade on turning points. The problem with this is that the market trends more than it turns. I have leart the hard way that it is my ...

If you love the EUR/JPY and you know it... clap your hands!

No hassles. JC

EURUSD

You might think it's a wrong answer. But the risk of trading into a resis/supp area is high compared to trading away from one with confirmation PA. And the question is on a public forum. It's meant for everyone. People learn from all the "right" and ...

EURUSD

It doesn't matter if it breaks or not. If it breaks, is the 4hr and daily PA showing signs of a breakout or just a little push further with no conviction. If it doesn't break what PA are you looking for to show that the trend is broken and heading ...

EURUSD

For a confessed newbie trader, you are trading much too low a time frame. You need to start at 4hr or above. There are very few wanabie traders who do well starting at low TF's. You will notice that there is a high at 1.3276. Buying at 1.3270 would ...

EURUSD