Well.. Morning / London open was pretty simple.. but that shit in consolidation around S3 .4426 these hours is just very hard to trade imo. Divergence worked on a few there but I'm just staying back on PA movements like that. Looks like the market ...

EURUSD

key candles 5min Either a BOF or some volatile upmoves I guess

EURUSD

Thanks for your post btw.. Noted it to take in consideration a bit.

EURUSD

Sorry, I meant a potential to test .43410 lol.. But looks like support is holding for now

EURUSD

Closed the one long I had. looks more like a complex pullback to me with the potential to test .4389. Risking one long again if it will bounce a 2nd time

EURUSD

divergence, tail rejections, tried a long

EURUSD

New lesson for me.. Don´t ever trade when London is closed.. PA is absolute wank / does not work @ my system. Gl to most of you

EURUSD

Hey there, I enjoy reading your journal as your system looks similar to the one I use lately. I also work with a system based on PA/swing/pattern interaction around key levels. The system itself is a bit psychology based. I´m trying to see at what ...

Creating my Trading Plan + My Trading Journal

Goddamm weekend again.. hate when this happens..Markets closed grrr.. Back to analysing some offline charts I suppose...

EURUSD

Sure did, thanks for it. I just did not expect a move up towards this kind of level. The stock markets began a heavy up rally 10 minutes after the news hit so it would make sense I suppose.

EURUSD

EU yields / concerns higher, no QE3 announced, and we´re skyrocketing up ? I just don´t get the logic behind it atm.

EURUSD

My bias is pointing downwards as well considering the trend in yield spreads etc. No QE3 announcement should bring enough force to finally break the wedge.. We will indeed fall like a stone if that happens I guess..

EURUSD

Yeah I know mate.. It was kinda a joke since every time I see panda posting he talks about shorting this´n that

EURUSD

Not even shorting !? Now that's a new one panda ^^

EURUSD

Key 5min candles. Either a breakout pullback followed by a move down to .43950 area.. Or upwards to maintain a complex pullback, back to test .45000 from my view.

EURUSD

Yeah, posted that one yesterday as well image I tried a small long in hope it will bounce -> test R1 .44500 once more.

EURUSD

Allright, thanks for the information Going to head off for now.. Goodluck

EURUSD

So a channel median line can't be considered as a trend line? Correct me if I'm wrong.. Still need to read some simple trend line ebook literature.

EURUSD

Just some simple trend lines.. Relatively new to Forex still.. Amazed how trend lines are being respected over a long period of time. Most volatile bullish .44500-45000 rallies got triggered straight from that mid trend line. image

EURUSD

Average Profitability Per Trade = (Probability of Win x Average Win) - (Probability of Loss x Average Loss) might work as well I guess..

Benchmark for Trader Skills & Experience