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- coo.za replied Dec 6, 2012
Hi, Shahab Been following your thread for a few weeks. What's your opinion on long GU around 6050, I see this level has several confluences: - Previous key resistance - Between fib 50-62 - Psychological level xx50 - (possibly) trendline bounce
- coo.za replied Nov 28, 2012
Or short (trend resumption)
- coo.za replied Nov 22, 2012
Shorted AU
- coo.za replied Nov 22, 2012
AUDCAD anyone? Just watching, no trade for me as I already have NU short opened.
- coo.za replied Nov 22, 2012
Shorted NU: 1. H-L-LH wave pattern formed 2. Dragon was pointing down 3. Candle closed below EMA89 I usually used RSI and MACD when I trade retracement on M15. And these 2 indies also gave a go, MACD is negative, RSI (6) is below 40. Let the market ...
- coo.za replied Nov 22, 2012
M15 was the preferred TF for this system. However, you may go lower to M5. Bigger TF like H1 and H4 may be used for outlook.
- coo.za replied Nov 21, 2012
Thank u, TAH. Really appreciate it.
- coo.za replied Nov 21, 2012
Hi, TAH Newbie here, still learning the rope of the system. Spotted this double-top failed to break the previous high. Do you think we'd better close the long trade upon the break of the neckline (which was already broken)? I observed one of the ...
- coo.za replied Nov 20, 2012
Budii, it depends on which timeframe. I am looking at M15 chart, I would say currently market is ranging, with slight bullish bias (price has consistently made higher lows). The resistance to break is around 2820-2830.
- coo.za replied Oct 9, 2012
AU and UJ alert — I am watching how AU and UJ current candle close.
- coo.za replied Oct 5, 2012
Survived NFP, TP (27 pips) reached.
- coo.za replied Oct 5, 2012
NU — Anyone watching this pair?
- coo.za replied Oct 5, 2012
RN is more than 1:1 Risk Reward (my risk is 26 pips, and RN 1.0200 is 50 pips away down), so i took the trade.
- coo.za replied Oct 5, 2012
UJ on watch — Will this close above EMA 12? We'll see
- coo.za replied Oct 4, 2012
I feel more comfortable using 12EMA than PAC. My first two trades on EU and UChf which I posted here two days ago resulted in 70+ pips. Will concentrate demoing on this one, and see the overall results in 1-2 months. Thanks, FX-Pro. Love the ...
- coo.za replied Oct 4, 2012
AU and NU heads-up — Here are the charts with its round number levels. Need to be cautious when entering trades for these pairs, as both are in key daily-chart supports.
- coo.za replied Oct 4, 2012
UJ — UJ bought. I took it in unconventional time (acc. to this method), due to UJ likes to move during Asian session. AU and NU are on watchlist for sell, but need to close below round number.
- coo.za replied Oct 4, 2012
Try simulator, you can download in below link: url
- coo.za replied Oct 4, 2012
round number, i.e. xx00 --> example: 6100, 7900. For JPY pairs, xx.00 --> example: 79.00, 121.00