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To add something to Xspurt's reasoning, my own reasoning was: 1) Euro definitely traded in the narrowing range aka triangle. 2) Shape of this triangle on 1H was more suggesting for an upside breakout, because the whole yesterday's session prior to the break looked like sort of a bull flag...

Yes, I call these backtests using the BSOT abbreviation (meaning backside of the trendline). :) Posted a few examples in this thread before. They are good confirmations of breakouts and also can be good entry/re-entry points. For example if one missed the first leg of the move, BSOT often...

Wages here are much higher than what you think about this place. :D

Auction here, who offers less price for mentoring? :D

Some people likely won't believe me, but Xspurt called "long trade of the day" ~ 1 hour and 30 minutes ago... :)

Yup, he sure did call it in realtime, just not here. :p Even in advance, if seriously, way before realtime entry was fine tuned.

I bet big money would dream of such a liquidity so they could trade like this. But no fate for them. Maybe some day, when they discover inter-galactic exchange and will look like retail traders there. :D Well, better for us, small parasites on the back of elephants. :p Such a great bull...

A few years ago kiwi_trader shared one system with me, also based on EMA's, but don't know if thats "The Sargeant" or not. :)

Ya, good one for sure. Classics of the classics. I use 20 EMA for the same purpose (or simply price action sometimes, when swings are obvious).

Ya, so funny to trade with some real good traders all day long, see their trades (and they see yours) in real time and even called in advance to be then challenged here. :D

BSOT's as all re-tests are much better, when traded with overall trend or at least not against the strong trend. if trend is strong, it's not wise to enter on them, because they are not strong signal enough to reverse the trend usually.

Hmm, that last BSOT was a short trade... Or you mean different long entry?

Well, you've got the exact executions with exact times now. :) Now seriously, I am a thick skin Siberian dude, you know, but you guys caused NoDoji to leave with these endless challenges and suspicions, when she was so generous to share what she knows with all newbies and she was an asset to...

As I said before, my purpose is not to prove my ability to trade to someone, but to demonstrate principles of price action trading/scalping. Setups, when watched enough, "imprint" in one's brain and trader starts to see them in time after practice. Seeing, how a good setup should look like...

Same sort of entry, but during the tricky market conditions (Bernanke speaking and causing the noise :D ). http://www.cornixforex.com/2012/03/tricky-price-action-entry-another-sample-of-bsot/

BSOT (backside of trendline) price action scalping setup: http://www.cornixforex.com/2012/03/forex-price-action-scalping-backside-of-trendline/

Nice one! I don't have charts open yet even, just had a lunch. :)

Now you stole my chart with S @ 60. :D

Clear and simple forex price action, down channel bottom + 2B buy setup on 5-min chart. http://www.cornixforex.com/2012/03/forex-price-action-channel-bounce-and-2b/

Thank you for this generous offer, but I am too stupid to learn from any course anyway, so will continue to watch funny pictures aka charts the way I do last 7 years. :D