USD/JPY — Nimrod, Very good stuff. Out of all DRA's trade, the sexiest (if I may use this word) are the harmonics (butterflies and gartlies) that form at the trendline or at the rear of the trendline where support turns to resistance and ...

Damion's Tribute

Yes, Soya, I was looking at more of a long than a short. However, there would be rooms for a short as well depending on how much room there is. But long is the way to go at the moment - unless if price takes another course.

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EUR/GBP — Soya, I see this pair making higher lows and higher highs. I would like to see how it behaves closer to the daily trendline. Maybe resistance is being converted to support - maybe not. I will wait.

Damion's Tribute

Soya, my chart is saying wait for a bearish candle but at the top daily trendline.

Damion's Tribute

I agree with you Soya. Thanks for posting your loosing trades. One gets to learn more from them than the winning trades. While you have lost out on trades which you think you could have avoided, I have lost on on not taking trades. I need to loosen ...

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My Charts For The Week — Soya, Just thought I would post my charts for the week. These are the pairs that I am looking at for the time being. Please let me know what you think...and yes you were very right about the CAD chart. I only drew the ...

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Hi Soya, Which trade caused the draw down? Would it be possible for you to post your chart and thoughts here. Mate hats off to you to confess you lost money. Very few people can openly admit that they have lost money. I respect you Soya for your ...

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Turned out to be a good trade.

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USD/CAD — Just the revised chart. Did not take the down trendline into consideration.

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USD/CHF — What are your thoughts on this one as well? Could possibly come back a little lower to test the back of the trendline with such a huge move upwards but the thing is to wait for THAT candle formation. Am I seeing price like the way ...

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USD/CAD — What do you think of this one? Thanks.

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You are right. Maybe best to go short on the retest then.

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GBPUSD — Looking at this one. We have 2 up trendlines there. Anybody looking at this one?

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USDJPY — Please let me know your thoughts. Thanks.

Andrews Pitchfork (Median Line)

I do not know if this is the right way to draw the lines. Thanks.

Andrews Pitchfork (Median Line)

Soya, Are you looking at anything this week? Thanks.

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USDJPY — Soya, My entry on the 5 mins - maybe the wrong thing to do; but I wanted a tighter stop. Also an updated 4HR chart. I traded 2 mini lots - exited one at 1:1.5 and the other is at B/E - will exit at 97.00 or get stopped out.

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USD/JPY — Soya, Is this what you are looking at? Also, expanded the chart a little.

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Thanks Soya, got to learn a lot from your comments.

Damion's Tribute

It's when a higher time frame trendline is broken that you look for a possible trade set on a lower time frame. Of course the same candle formation and risk:reward should offer an opportunity. Got it Soya.

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