Best Thread Potential setups

[pelzar]

jason- whats your target?

 

[Jason101]

Good looking price action on daily CAD/CHF near bottom of channel

 

[Jason101]

jason- whats your target?

9415 and 9300

 

[Jason101]

Singapore and Hong Kong just opened, markets waking up and getting a bit lively now!

 

[supremegizmo]

4hout Ib As Doji On Gbpusd.... Prone To False Breaks .. I Will See If Prices In 1hour Can Close Below Or Above That Doji

 

[Blue Ruin]

the usdjpy daily head and shoulders is coming together nicely!

Possible cheap entry available now. Bearish IB. Good rejection of 96 but should have another crack at it. Risk:reward is pretty sweet.

 

[supremegizmo]

I Am Sensing Gbp/usd Upside .. Want To Trade Above 1.53 For Atleast 15mins ...till 9:30 Gmt And Good Opportunities To Go Long

 

[tonyblu]

Whats the feeling on USD/YEN from here?

 

[Blue Ruin]

Whats the feeling on USD/YEN from here?

I'm short but it's into huge support so not advised. If support fails, however, it fails massively.

 

[alter]

Hello guys
Do you have any rules when to move your SL to BE? When I move SL to BE I'm prone to be stop out at BE pretty often. When I don't move SL sometimes I got runner but there is much more trades that hit my basic SL. It seems that there is thousand way how to loose.
Thank you
alter

 

[fifty2aces]

Hello guys
Do you have any rules when to move your SL to BE? When I move SL to BE I'm prone to be stop out at BE pretty often. When I don't move SL sometimes I got runner but there is much more trades that hit my basic SL. It seems that there is thousand way how to loose.
Thank you
alter

I'm not really a fan of moving to breakeven, mostly because there's little logical reason behind it. Generally I prefer either waiting for a specific S/R based target, or trailing a stop based on the breaks of S/R levels.

Also, as you've found, entries often get retested. If you're trading the same way as a lot of people in the thread (rejection of key levels), the reason for the trade isn't invalidated until the initial stop is hit - often the entry is retested but there is no real reason to exit, other than fear of losing.

 

[Bloodhound]

Hello guys
Do you have any rules when to move your SL to BE? When I move SL to BE I'm prone to be stop out at BE pretty often. When I don't move SL sometimes I got runner but there is much more trades that hit my basic SL. It seems that there is thousand way how to loose.
Thank you
alter

Hi Alter,

Can I suggest you go to page 513 of this thread for what I believe to be a very effective trade management strategy.

All the best

Rob

 

[trader_dante]

Hello guys
Do you have any rules when to move your SL to BE?

Yes.

Never.

 

[tradedays]

Whats the feeling on USD/YEN from here?

it's at a big level on the H&S - be nice to see it correct a little then some bearish PA then it'll be a nice move south.

Gizmo commented on this one yesterday - 99.400 area was the place to have got short

 

[bbmac]

gbpusd

Market not liking what BOE Gvnr King had to say, re £, and a strong sell off from the previous 1hr swing hi zone - area of yesterday hi after a mildly bullish tone was developing in the pairing-intraday.

This is what I'm see-ing now on 1hr now:

G/L

 

[supremegizmo]

I Am Sensing Gbp/usd Upside .. Want To Trade Above 1.53 For Atleast 15mins ...till 9:30 Gmt And Good Opportunities To Go Long

Itwas goin well untill BOE inflation report ***ed it up

 

[tradedays]

Itwas goin well untill BOE inflation report ***ed it up

Just what the UK needs...yet more "positive" news.

 

[advfntrader]

1hr Pinbar EUR/USD

 

[supremegizmo]

early US deks lifting eur/usd a test of 1.3675 is critical.. failed break could lead to euro selloff

in short 1.3675 is pivotal

 

[advfntrader]

looks like its failed. I'm sticking to Dailies from now on, 1 hr fails too many times

early US deks lifting eur/usd a test of 1.3675 is critical.. failed break could lead to euro selloff

in short 1.3675 is pivotal