What do we need to see a possible turning, at least for retracing? News may send PA above 1.3100 then make a spike down to 1.3000 and later to continue the trend UP. We might see sorts of upthrust, double/ triple top, shoulder-head-shoulder and day ...

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That is only one of factors to consider. Look at a trendline up still untouched, no any new lower highs, lower lows, that previous day candle closed exactly on the previous day high, previous days closes have also made higher. GBP GPY has already ...

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You are welcome and please do check Whatever I try to describe, it's my understanding and acting. Everyone must do his/ her individual-self-fitting. I'm looking forward to your ideas or critique sharing. Trade safe.

Exnav Friendly Courses of Action

Some focus on the British currency pairs. I'm listening my analysts ATM: Thanks to yesterday's Feds cable made a false hook day (closed on the previous run-up-day-high). Daily trend up is still valid, no new lows observed. Will they show any hands ...

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Ladies and Gentlemen, Whatever my analysis is, I should be aware of the BOE announcements later today. It's nice opportunity for spikes and stop sweeping either direction as before the news, so after. Trade safe.

Cable Update (GBPUSD)

Hello CookieMonsta, The interesting fact you are showing regarding GBP GPY spike down below 140.00. That pair didn't cross 143.60 on my charts. Since you are closely observing GBP USD and GBP GPY and we are having London news in some 5 hours, what ...

(binned per thread starter’s request) CookieMonsta's Journey Into

[quote=protuberanec;12246409] Hello Protuberanec, No, not every some pips from the first scout. It's rigid and rather doesn't correspond to objectivity. I'm trying to add for a possible counterattack when there's a kind of previous level (pivot, ...

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Having looked at calendars, I see that nimbleness and caution would not be excess today since Europe is closing their monthly books and tomorrow is a day-off vis-a-vis the news in NA

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Fti reminders to a Student: Need balls to play stuff. No balls, no tee off. In fact every trade I take, I already assume is a wrong decision. I leave the proving that it's correct by the market makers. My charts don't have my steering wheel. I have ...

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Hello Dbrown, Thank you for your honest sharing. If I may, on cutting losses... If you do all the demonstration on demo account, then it's just a simulation. If you do it live and with sizes exceeding a scout (caught in an attack mode), then one ...

Dbrown101's Training Wheels

Hello Dbrown, That's right. I believe that it should come naturally along with our experience. Each trade must bring some input in order to evolve (I don't mean only profits). E.g., I am now working on the point of increasing sizes (thus on You, my ...

Dbrown101's Training Wheels

Hello CookieMonsta, Thank you. I think that you have found your edge. To me, I should ponder on this by fti: "Instead you must have the mindset to do whatever it takes to WIN". That is building an ant's account in a consistent way. Best regards, ...

(binned per thread starter’s request) CookieMonsta's Journey Into

Hello CookieMonsta, I'm thankful for your posts and pleased to see how you have been evolving. Meanwhile, to me, I keep in mind the fti's words: "Please do not believe in hocus pocus, locking and hedges. That does not exist in reality, FIFO,... ...

(binned per thread starter’s request) CookieMonsta's Journey Into

Thank you very much. I'm reading your posts with a great attention. Probably will be rereading through the week-end. In this regard I keep in mind the Sun Tzu's saying: "To ensure that your whole host may withstand the brunt of the enemy's attack ...

(binned per thread starter’s request) CookieMonsta's Journey Into

I am still trying to catch any feeling on EU. Having my scout Long and preparing COA for the next run South. I like London guys moving the markets and laughing on us as I've once met a guy with a simple formula. He used to arrange a respective ...

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Thank you, my friend, take your time. I'm in trade now. The question should be a valid one since I'v been trying many of them. My reservation would be that I don't have unlimited resources (time, space, funds, physical conditions, etc.), which is ...

(binned per thread starter’s request) CookieMonsta's Journey Into

Hello Pannet, Did you follow the flow North to break the channel you well indicated? I should have sent a scout South but North on all retracements (more on PA in the lower part of the channel - buyers zone), and launched an attack on the PA ...

Journal of a Struggling Trader like You - I am pannet1

Hello CookieMonsta, I'm grateful for your sharing and remaining your thread reader. While agreeing with you on locking and deciding later on when a direction is clear, please look at the point of shaking-on and assassin. I mean, e.g., there is a ...

(binned per thread starter’s request) CookieMonsta's Journey Into

Hello Pannet, Thank you for your input. I started yesterday with EU. And made both trades just BE+. Still not feeling her well. Later on rode GBP JPY. Regardless the pips collected I'm not so comfortable. Probably it's due to the spring fatigue as ...

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Hello Panet, Thank you. I can only see that you got the profit. It proves that you are fine. Moreover, IMHO, a fair approach is a component to make the account grow. I was sending scouts to dance with Loonie after the respective news yesterday ...

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