Recent content by 2Tall

While it was a good looking pin at a significant level, there was an incredible amount of momentum into the level. Someone on this thread once branded an analogy on this kind of behaviour, as trying to do a u-turn on a motorway. I have found in the past, that when there is that much momentum...

It sure did, with a nice IB right off the 122 level. Shame I was busy at worked for this :(

I've been waiting for some action on this pair. If it breaks downward it could keep running to about 9400 (next level on daily) for a very nice RR. As I'm still new to IBs, I was wondering how you trade a setup where there are multiple IBs in a row? Do you place your order based on the first...

Been watching this all morning and waiting for a short entry at the 1HTF. Waiting to see how the next candle shapes up, but with equities being dragged down, I'm not too optimistic. Tom, are you still in this or have you been stopped out? Later, Chris

And some wonderful fib confluence too!!! :clap:

I fully agree, the only thing that is holding up the USD is the fact that foreign companies and countries have bought it as a 'safe haven'. Americans don't have any real money/savings (negative savings rate since 2005). Add to that the active printing of USD and you have a recipe for disaster...

Best company for technical analysis is your own company :!: I don't think anyone here will advocate paying for technical analysis. If you are looking for info on charting SW, then I think you don't really need to be paying for that, there are plenty of free charting tools. ProRealTime is...

DOHH!!!!!!! I take all that back, I misread my own chart :o :o :o :o You are absolutely right with your chart!!

Hmm, you might want to double check some other charting tools. My SB charting tool and Pro Real Time do not show that spike around 23 December. My charts show that price broke the TL at the start of May.

Hey Tom, thanks for sharing. I must make more of a habit to actually write down what my plan of action is for the next day and week. Religiously sticking to a trading plan was a bit of a struggle when I started trading, but I am now much more obedient :lol: to my trading plan. If I can get into...

Might be a bit early but there could be a 1H pin forming on EURGBP right at 0.88 with 38% fib confluence from the last high to low. Anyone looking for shorts on this today?

One thing that I have found is that I can tell you every mistake I made using my live account, but cannot say the same for my demo account. That's why I have pretty much given up on my demo account, and only use it when the risk would be too high. This may cost me money, but it is money I...

Yup, since the break of an IB on Wednesday :clap: First IB I traded live, so just in for €1 per pip. Initial risk was 24 with current unrealised profit of about 250. At this stage I can only see it stopping at 100 :thumbsup:

Turned into more of a doji in the end. Will watch for the next hour as it's at a good pivot with fib confluence. Been waiting to short this for a while now.

Bund 1H Pin forming on Bund. There was also a 15 min pin a short while ago.