Forum: Trading Journals
April 2nd, 2013, 09:52 AM
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Replies: 7
Views: 5,971
Upper channel edge respected...
Since the upper channel edge was respected and price for the moment is headed back into the channel...where might it be going. Continuing to the lower edge is abour 200 pips away.
It's too soon to...
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Forum: Trading Journals
April 2nd, 2013, 09:17 AM
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Replies: 7
Views: 5,971
Still in the Daily down-channel...
Hi Hawk,
We may still be contained in the Daily down channel, as I'm showing here.
107375
We are bouncing for the moment between two Daily timeframe LCS (Lower Close of Support) levels that are...
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Forum: Trading Journals
April 1st, 2013, 08:35 PM
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Replies: 7
Views: 5,971
What happens with too many lines...
The problem that I run into trading the SFP is keeping enough lines on-screen while at the same time not cluttering my landscape. The EU Spot 1 hr chart I'm showing here has several more SFP levels...
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Forum: Trading Journals
April 1st, 2013, 03:57 PM
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Replies: 7
Views: 5,971
Trading the SFP as intraday swing or scalp...
Most of the folks that I hang out with at a different forum tend to be intraday (and inter-day) swing traders. They watch the SFP levels and try to use them to get into a 50 to 60 pip move. Most will...
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Forum: Trading Journals
April 1st, 2013, 03:26 PM
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Replies: 7
Views: 5,971
EU Spot chart of SFP levels...
Here is a EU Spot chart of some 1hr Swing Failure Pattern levels. If you were trading a 6E hourly chart this should look somewhat similar to what you have.
I tend to focus my attentions on the...
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Forum: Trading Journals
March 30th, 2013, 12:05 PM
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Replies: 7
Views: 5,971
1hr Swing Failure Pattern Notes
The 1 hour Swing Failure Pattern (SFP) is something that I ran into in another forum, and have adapted too in my own trading. I normally trade Currency on the Spot market...but it may be interesting...
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