I believe there are many forex traders here who are allergic to creating the trading choice or have an underlying anxiety. But in actuality in order to become true successful and accomplished trader you've got to be completely or exactly wrong in order to succeed in this business and the main reason I am saying this is becos there's simply no one who is able to let you know exactly where when and just how far the currency pairs will probably be trading within its daily movements, therefore one can only try our bests to trace in which the price will probably lead us to with a projected violation and hold price levels depending on where it last came out. So if we are sure of those respective violation and hold amounts for us to do the one thing left would be to reverse our trade once we are mistaken. We wont want to be wrong being whipsawed once we reverse our trade or again. And if the RR is 1:3 we will be home high and dry. So the trick here is not if you're wrong but you've got to be professionally or completely wrong in order to profit from it.

E.g the current e/u PA shows that it is in a bullish mode along with the intraday holding amount towards bearish is 10862 and so long as it remains intact price will probably be driving up and in case if it breaches the holding degree wait to get a 20-30 pips p/b to market with a SL at the upcoming subsequent holding degree @ 10905 along with the very first profit depart @ 10800 along with the rest until following holding level is busted.
So basically this intraday methodology that I am using is based on definitive breached/hold amounts behaving as Support and Resistant. Fibos determines all my levels and the range differs from 1 currency pairs to the others.

Please be gently reminded that I'm a tricky mentor and I am open minded as far as trading methodology/system/discussions is worried. Any one is free to be perhaps sceptical or critical of me and my trading method and I'm pleased to be proven wrong and learned from my wrongs . And lets hope we can learn something from everybody who would like to contribute as I'm a firm believer of learning as long as I live. Try to keep this trading discussions as civil as we can. Always bear in mind we are all human who are not infallible but we form a part of mankind chains in each and everyone lifetime journey. I will always try to talk the facts but not disclose it if I chose not to. The fact as I understand these to be also for those who can not handle the fact too well and is overriding in here is advised to throttle and choke their pride and give this thread a miss.

GS