Tick chart

I took a screen shot of this ideal rollover (a L2 in Al Brooks books) of the tick chart. Needless to say the trade went for a good dive after the rollover.

Al Brooks calls it the magnet

I have been burnt waiting for action within the 125.15 area.

Yesterday: a trending day

It would be nice if someone told me in the morning that it was to be a trend day! All failed trades were anti-trend trades.

Some links

this page has got great resources

http://www.trading-naked.com/Articles_and_Reprints.htm

same homepage

http://www.trading-naked.com/PriceAction.htm

Top Wedge on AUDUSD

A not so uncommon top is the wedge. Best entry area is around number 3.

Chances on Asian EURJPY

Pound trending down

Just trying to find ways to get on the pound bus as it trends down, by rule all trades should be short, trading with the trend.