Ohh boy....

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TDI hook is a good reason to exit, APB changing color works too in case of a force majeure direction shift. If you are using guppys, the LT group beginning to compress is also a very good signal that the trend is coming to an end. A 10 MA being ...

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So you're the Hennessy type, huh Bukowski is a 20th century transgressive fiction writer. I really enjoy his work.

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I thought you didn't like scotch

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I was actually thinking something more along the lines of........ especially with Bukowski on my nightstand

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I think I'm going to relax today, don't want to give any more of my profit back to the market. I don't like opening trades after noon GMT...

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Your broker is GMT+3

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Not PHX, but see my above post, also phx has said many times that price would seldom reverse without consolidation. To put it bluntly, there are a couple of scenarios during which a london open trade is in order: The first, price has been going ...

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All the pairs that you mentioned are dollar crosses, fundamentally the dollar seems to be weaker right now. It's losing ground against other majors. I haven't checked gold, but it should be rallying too right now. Any dollar cross you would have ...

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I entered short after the huge spike up. Price just wasn't ready to move anywhere and it annoyed me, so I exited as price moved its range a little higher. -5 to -10 became -12 to -17, and it pissed me off so I just aborted trade once it went too ...

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Yes, in hindsight staying out is what I should have done >.>

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Floor traders know which levels have a high volume of pending orders placed - be it TPs or SLs or sell stops or limits. They know where the market volatility would increase. That's pretty much all. It doesn't tell you what direction price will take, ...

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Visual and simple/clean

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Well not quite, because you cant see compression and spread What I used to do in order to have a cleaner chart was 12;30;60 - the 30 and 60 mas show you the distance/compression or lack thereof/ while the 12 shows you a summary of the ST group.

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Thank you for your input once more. I know what you mean about my first trade, I wasn't sure if I wanted to enter, then I entered based on a small M15 pullback, it was a late entry indeed. As far as the second trade goes, I felt EJ was rangebound ...

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Just when I thought we would have similiar entries.. url Still traded the same setups, so that counts... right? I hope to learn to stay in the trades longer, but learning patience isn't as easy as learning a set of technical ...

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M15 was indicative of a trend reversal... I've just become accustomed to ignoring anything that happens on that pair...

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Good job man, you're going hard! The DIBS method can be found in forexfactory along with a detailed explanation of what exactly it is, how and when to use it. Basically, it's an inside bar breakout trading strategy, but you don't take just any IB ...

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What, you mean scalp now? I guess a short scalp trade could go for a few pips, but I'd rather not risk... The EU trade that you completed and I bailed out on was a classic "PHX" setup, to be perfectly honest. It was just me being late to the ...

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I recently got used to trading EJ and I am uneasy on EU's price movement... Not sure when it's a pullback and when it's a reversal, so I decided not to risk it. Exited at b/e and never entered back, even though I had a better entry shortly ...

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