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Yeah was trying to do just that. Now feel the difference! :D As for 35 entry, how would I manage risk if I entered off hourly? I mean to employ logical stop tight enough? :confused:

Pholeuon, Very likely, but now feel like breathing fresh air after being closed in some stuffy room before... :D

I see area of 43 was a good long entry worth 50+ pips... And now it's looking to me like going to retrace down... P. S. Set up a second screen today and have 1H and 4H there constantly... Have to say that having them in front of eyes all the time helps to feel the market much better...

Both 4H and 1H are looking bullish, 4H CCI is bullish as well, but 1H CCI is quite overbought (almost +300)... Trying to read what's going to be next... :)

Will try to spend as much time as I can on 1min...

Now if up thrust is fake we'll have a huge move down...

Ya bottom of the channel and previous bounce off PP were very obvious, just missed them... :(

Stopped out @ b/e.... Also if goes higher it's likely to continue up and not go down...

Half an hour is looking like going to sell off... So I have shorted.

I don't program anything so for me simple charts with decent trendlines and CCI are way enough. :D

We bounced off the strong TL nicely... Maybe it was the "if" case I didn't mention on my gameplan... :)

Yeah, I know that one, but it doesn't work under Linux...

Have found the following charting very good... Don't know why to pay for PRT after trying this one... :D http://www.dailyfx.com/charts/ChartStation.html

Gameplan is looking the following: On 4H we're near bottom of the channel which is looking as a retracement flag on daily and higher and bottom TL was tested many times. Also we're in the same thing on 1H inside it. What makes me think we can well break down from first hourly and then...

@ http://www.dailyfx.com there are a lot of good free Java charts as well...

They don't have 4H though too. :(

Tom, InteractiveCharts at http://www.fxstreet.com are very good if you want some free Java based charting in addition to Oanda (which charting really sucks).

Morning all!

Great hint about use of the time... Indeed I find time element to be heavily undervalued in "common" trading routine as opposed to what we learn here...

Really thats so different mindset - to catch a small TF perfect entry reversal and if it's right then roll timeframes, relax and just watch the big move develops... Incredible! :p (I just looked back at today at how would I act if I rolled timeframes and really see I could simply hold the...