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that's three black crows on hourly and I entered the trade when the second crow rolled over into the start of the third black crow.

the more likely target however is ema50 on the 1H so I'll set my buy there and will have to change my projected abcd target for the upmove

short 1.2029 off the combo of 2H chart and 1H chart with a target at 2H ema20 because of the way stochastics is turning on both charts. stochastics on 3H is hooking somewhat too, but I'll just take the easy meat in the middle, we could however go for the 3H ema20

Late US sessions are only signals to get out of a trade, not ones to start a trade ... this should come in handy as this will leave me a 7 hour window to actually sleep somewhat.

I found the solution to the riddle kelly was asking before: the aggregate more money leaves traces on the bigger timeframes ... so it's a methaphor with actually some truth in it (like most metaphores)

damn, my disaster stop got hit, why am I even trading the Asian session ? Note to selve disregard chart patterns formed in between US late session and start of Asian session. No only up 50% for the day anymore ...

I lost about 15% of my account trying to pull of this pyramiding game earlier on so all in all it's still reasonable, getting the stop hit on my main position wouldn't have been funny anymore however. I am still up fourfold from the level I started the day with ...

2H now starting to look like a flying key-reversal coming from inside bar level (more or less)

not exactly nice pinbars but it's got more or less the feel of it ...

one hour and two hour charts are showing pinbars on them, so might like to try the adding game again till 1.2075 ... like they say: it takes courage to be a pig ;-)

That pyramiding wasn't such a smart move and I shoud leave that practice behind me ... got punished for it since all my added euro positions almost all got stopped out ... just stupidity and I was even lucky I didn't get a margin call on my big position ... that would have been twice as stupid...

I am somewhat pyramiding into my trade here, I'll stop buying at 1.2065 and get out at 1.21103

if we have three hour ib, I will take the breakout to the upside with a target of 1.2110 and will move my stop to breakeven after it's 15 pips in the plus. With Tickmill I have got a program that can easily do just that. Really satisfied with that broker and the leverage they will let you use ;-)

I don't really think you gave him a bad answer :-) on one thing I have to totally agree he's making several points in to his posts one of the bigger ones being: trade with the trend.

I'll be back in an hour and a half, a man has got to eat too ;-)

yes, I know it's a metaphor not to be taking litterally.

my next target should be around 1.2110 (third wave, actually slightly higher at 1.2114: but I learned my lesson from today, you don't want your targets to be too exact).

I do understand: there is an edge in chart time frames as the bigger trades will show up no matter what ! I finally got that, that's why trend trading works ... :-)

I left it open while I was at the dentist, seemed too good not to let go but it didn't get triggered.

well, that was it for me for today ... thanks for the moral support both of you and cya hopefully tomorrow.