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The charts explain a lot for the style you have been discussing.

Thanks, and good job this week.

Will be in touch Sunday at market open.

Cheers. M

http://i41.tinypic.com/w1wnjp.gif OPPORTUNITY... ClLo < 20 Let's clear things up: 1) To trade like a RAT is to ALWAYS trade in ONE DIRECTION - either LONG or SHORT. Once you pick a "team", you can't switch. 2) The "within 20 pips of the daily high/low" is the BEST possible entry...

Price back to 1.3680

Looks as if Asia wants to test higher.

1.3660 rejected drop.

N2FX

The 1.3680 held strong 3 times, I seen your entry, but Asia needed to be a player.

I shorted the stall pattern on the 3rd tap.

The 1.3660 was a good target you projected.

Thanks.

Here is my 5 min chart.

[/quote]
Monarch, do you still give live calls in the 2% room?
Have not seen you post here in a long time.
Where is the 2% room?

N2FX[/quote]

N2, funny, you know what I am doing now days.... lol

I am no longer in 2% room.

I will do some updates on thread this week.

Cheers,

M

Monarch, I'm reading your thread with great interest. Admittedly, I am not grasping all of your concepts. I am on page 12 and I still don't know wht the #3 signal is. I figure it relates to a support/resis point on the 1 or 4 hour chart. I'll figure it out as I read along. I wanted to know your tho...

Changed chart one more time to 1 minute. Once there is a high/low reached for the Asia Session, I am watching the 15/5/1 minute charts. I prefer seeing a stall with the 15 min first, but with the 3 charts up at the same time, I can see it setup on the charts easily, and can take the 1 min setup that...

Same chart, changed to 5 minutes. (it says 15 min on chart, it is a 5 min)

This is the Asia Open on 12/10/2009 EU 15 Min Chart New York was bullish as seen in the blue channel Sydney opens and pushes to the top of New York Asia Opens and breaks New York and Sydney High I have the areas to trade marked on this 15 min chart, but it is much clearer on a 5 or 1 minute chart As...

UJ 1 minute chart.

This is self explanatory, and you can see what happens if your patient for the trade.

Can't wait for next week, just a few trades a day, and it will fill my money bag full.

Cheers,

Monarch