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18th August forex Training video GBPUSD, learning to trade forex with martin cole and forex trading software
Clavering FOREX
post Aug 18 2009, 06:14 AM
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Hi all

EUR showing some strength early on and again from 05.50 after the retrace.

Marked up yesterday's high of 1.4126 and this morning's of 1.4115 so would be looking for a test back to the top of these before thinking about any kind of long position.

Wait and see what happens here for now.

Forum has been a bit slow of late, can we all get adding to it?

Paul
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forexfxf
post Aug 18 2009, 07:33 AM
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Hi Another video in the PAT training series, this one looking at using the 60 min chart with the 10 min to pick up on underlying strength or weakness.



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ramslayer
post Aug 18 2009, 07:38 AM
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Hi Paul,
there seems to be plenty of people viewing the posts but not so many writing.I think we would all benefit from using the forum more.It's a great way to share our views and experiences of trading.As we know trading can be a lonely and sometimes frustrating existance so by using the forum and sharing our views and experiences can only benefit us all.

Happy pipping

John B

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Clavering FOREX
post Aug 18 2009, 09:40 AM
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EUR seems to be struggling to trend upwards, keeps re-visiting yesterday's and this morning's high's of 1.4115 and 1.4126 with 3 nice touch and away's to 1.4106. Still looking strong to me with the highest volume of the day at 10.00 and the belief bar in that PBar taking out all other's of the day so far.
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forexfxf
post Aug 18 2009, 11:02 AM
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All pretty text book stuff



Traders search for years to find repetitive bar and candle patterns, its a futile search. BUT then you might say that THIS is a repetitive pattern. I would say that the 'pattern' here is NOT the thing you are trading and indeed the pattern is NOT the pattern of a few bars. It goes deeper than this.

It is the manifestation of a sequence of events that unfold EVERYDAY in all markets. Learn the SEQUENCE of EVENTS, THIS is where the real success is to be had, and not in the study of bar patterns. Train your brain to identify the sequence of events that are fully explained in the PAT online forex trading course and you will be truly trading with the market makers for staggering profits.

Look BEHIND the bars look at the SEQUENCE Of events that MANIFEST in the bars and success is your for the taking.

Have a great day

Martin


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Csp
post Aug 18 2009, 11:14 AM
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Hi Martin,
Can you give us a definition of the JB?
Is it in the course?
Thanks
Chris
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forexfxf
post Aug 18 2009, 12:34 PM
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QUOTE (Csp @ Aug 18 2009, 12:14 PM) *
Hi Martin,
Can you give us a definition of the JB?
Is it in the course?
Thanks
Chris


Break from congestion, Jump Bar, its the same thing. I did explain it in a post on here, but cant remember which post now sad.gif

Basically it is when the BELIEF bar literally JUMPS clear from congestion. The 9.20 on the EURUSD is a 'bite you in the butt' example of that.

Catch you in the morning I really gota get some ZZZZZzzzzzzzzzzz now


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