Recent content by pocrel

Fair has no place in a traders mind Neil, get rid of it and its a different world my friend obviously easier said than done but try not to fair anything one mans fair is another man opportunity :)

Missed Gold

Glorious Oil Wish I had posted this live today but have become a little rusty on here, but been reading the market extremely well lately and this was a beauty. Couple of reasons for the trade: 1/ very oversold 2/ took out yesterdays low 3/ very tight wedge and when we took out the low with...

chart of the day eur/usd

Sorry Neil I will get back to my desk more often :) Merry Christmas to you and to all have a great one

Not an obvious one but was short the S and p this week ffsear, this was not based on just the pwh but also my idea that after a good non farms the market rallied before the sell of with tapering on the agenda again took a day or 2 but paid off

Indicators pwl to pwh here you go ffsear

its a thing of beauty ffsear when you get moves like these of the pwl and pwh :thumbsup::thumbsup:

usdcad

Yes ffsear I really only trade them if we have taken the pwl then gone up to pwh and take this out with some good volume, to me this is showing alot of people caught offside and the quicker we move from the pwl to the pwh can give you a good indication of the direction we should be taking on...

And again this week :thumbsup:

trade of the week ffsear eurusd

I have had nothing, the audusd short happened late last night my time so been bored all day good luck with that trade not at a level for me

Loving the trade ffsear did not have the same clear setup myself last week but rode the audusd for 300 pips the power of the reversal into the pwl and pwh are great setups :thumbsup:

The reason I dont use pivot points anymore is because I have been looking for fewer trades and its much easier to setup alerts for the pwh pwl floor pivots are still fine if you want to use them and can be good for working out daily price movement and range (especially for index and...