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Hey espip thanks for the detail reply. Your explination furthers my understanding. I just had GJ up I dont trade that pair ethier just saw that and it referenced my questions. I only trade ej and gu. And recently Im sticking to just ej until i can get my eye and mind to see the trades forming. I sit...

Had some time to use vhands to simulate GBP/USD for Aug 10th to 14th. It was a rough one for me. I did manage to get 9% return with toooo many mistakes. Need to practice more of course and be more willing to let the losers go. So with USD/JPY 34% and GBP/USD 9% not a bad overall return for the week...

I'm having 30 pip mental stop. Probably it will be better to actually set a stop loss with the broker, as sometimes you can't close at your price, or simply are trapped in the belief price will turn in your favor and do not click the close button. I tend not to look 5M. I'm more focused on how the ...

Yes I see the z lines getting hit I just need to figure out the direction from there if u look at the gj chart we have a double bottom on hourly and a reversal mono but it's reversing into a h4 down mono candle could be tricky

And the same GJ H1 chart

Ok I am waiting for my ah ha moment here. My first one was seeing how traders get zero'd out and I completely see that all over my charts with the help of blubb's z line indicator. Now ES said (if this trade/area holds where is the next group of traders sitting with held profits) Ok I see on the cha...

On the weekend I like to use a trade simulator to go over the H1 charts for the week. On the usd/jpy H1 for aug 10th week I managed to get 34% on 3% risk. I believe I'll be watching usd/jpy, gbp/usd/ eur/usd, and eur/jpy. Of course leverage will be a limiting factor when trying to trade 4 pairs. I'...

Hey ES and Dragon thanks for the replies. I have been trading with Pro but the M1 chart is a little fast for me. I can see the set ups when I back test now I just need to identify them live. I also watch EJ and GU so I think that I will just pick one pair right now to watch until I can be consistant...

I get to see new things all the time. I had been wondering how it was that ES was able to anticipate that a target would be hit. I have looked at the posted charts and many times I see a reversal pattern that may be headed for a target and then fizzle out but what I see is that it is better to wait ...

ES thanks for posting your charts they have helped me see the patterns. I notice that you use different time frames to trade on. Are you trading the hourly and then moving to smaller time frame to time entries or are you actually trading the momentum in that time frame. Im a little hesitant to trad...