Nice retrace off the 1.17 level, USD/CHF.

No Brainer Trades

Closed early for +10.

No Brainer Trades

Sure thing Sherm, I appreciate the feedback. Low volume was a worry but coming into the JPY session, I was looking for some USD moves. Siam, you awake yet?

No Brainer Trades

I entered the USD/CHF Short @ 1.1708, SL @ 1.1727

No Brainer Trades

Sounds good and I was in no way questioning your strategy/breakeven pips/etc. Hindsight is always 20/20. I can't come up with any other excuses as to why the pair didn't bounce other than the fact that there looked to be a couple other support ...

No Brainer Trades

EUR/USD Long @ 1.12762 - Looks like you caught an initial bounce which was good for nearly 25 points. Unfortunately, there was no follow-through. Price wanted to see it's way down to 1.272ish before any more retrace and even then, it was short ...

No Brainer Trades

I see and agree with what your point on the trend line. I had originally posted a trend line coming from the daily wicks...a closer pull-up of the hourly trend line from the last couple weeks indeed puts 1.17 as the bottom of that trend line in ...

No Brainer Trades

USD/CHF 1.17 Level for Short Old support and resistance and can be easily seen on daily, 4hr, 1hr. I'm not happy that it's jumped back upon the old trend line...if nothing else, the 1.17 price point would be an area for a scalp. Keeping tabs on the ...

No Brainer Trades

Haha, man...I remember you posting some 1.18 figure the other day in response to my USD/CHF chart request...couldn't remember it and didn't think to go back and find it. Excellent call! But really, you didn't short it? The ROFL is either sarcasm or ...

No Brainer Trades

USD/CHF bounce off the daily spike/previous support (@ about 1.1829) from Nov 28th was nearly to the pip...impressive.

No Brainer Trades

Yep, I see it now. A closer look puts the trend line more on point with 1.16. Good call Siam and thanks for the clarification Orcus. image

No Brainer Trades

Siam, Are you concerned at all with the trend line break that would occur in order to meet the 1.16 price? I could see a small bounce off that figure but with a break of this 3 week old trend line, I would see price driving down to the 1.15 area ...

No Brainer Trades

Thanks RC!

No Brainer Trades

USD/CHF ...please

No Brainer Trades

The area looked decent to me as we also had trend line agreement & the gap was closed. Hindsight though... image

No Brainer Trades

Heya Paul, Silly kids listening to people on world wide web... I just wanted to make sure my postings were lined up...I understand this thread does things a little different, which in turn sets it aside...but I wanted to ensure I was posting within ...

No Brainer Trades

SR, This wasn't a breakout play, it was a play off 1.27 support to close the Sunday gap open, as mentioned in the original post re: Siam's E/U trend line post yesterday. The 128.08 break was only meant to confirm the gap on it's way to closing, not ...

No Brainer Trades

There we go...nice movement upwards. There were no comments on the 1.27 support area with the gap close probability...is this foreign to everyone here? No comments? Am I posting in the wrong format or something? Not pulling a Harry Hindsight but ...

No Brainer Trades

A clear move above 1.2808 should close this gap...nice movement thus far.

No Brainer Trades

EUR/USD 1.27 Figure — Going with what Siam posted... Coinciding with the gap open (and expectation of it closing) with the 1.27 support figure...NBT material? The fact that 1.27 has already been used (and abused?) is my primary concern. ...

No Brainer Trades