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- Kitara replied Jun 17, 2014
Is this what you're seeing Vitorbarbosa? Looks like it has plenty of room before hitting the upper hourly resistance.
- Kitara replied Jun 12, 2014
okay, I'm going to set my U/J targets and let it ride or bust out. U/J loves symmetricals, so hopefully it won't disappoint!
- Kitara replied Jun 12, 2014
This is another low volatility pair, so I would treat it like U/J, go for the triangle of 14 pips. Okay, now saying that, I have been around the FF block and know how important MM is. So the 1:4 RR really does make a difference. LOL, please don't ...
- Kitara replied Jun 12, 2014
LOL, I just noticed you used the u in favorite. Are you sure you're not Canadian? Gap on my usd/cad chart. Maybe some big boys playing a south break. I wish you luck if you're in it.
- Kitara replied Jun 12, 2014
us/cad to the south! I'm still skeptical, but a break out is a break out!
- Kitara replied Jun 11, 2014
I don't know why you originally chose the yen pairs, but I have to tell you.. I've become a fan of them for this method. Looking at U/Cad, which I'm fond of too... for different reasons, I never expect too much from it. My husband is Canadian and ...
- Kitara replied Jun 11, 2014
Yes, they are slightly different. So I have some crutches. I use a 100 simple MA to determine long term trend, and fractals to draw my lines with. Here is my current E/J chart with the P2P. The first entry was a loss, the 2nd one went for the 20. ...
- Kitara replied Jun 11, 2014
Well, you would have got the 20 on E/J. So don't listen to me on symmetrical, ever! lol. Okay, maybe on u/j.. that one still has me playing triangle heights. But E/J has been quite the producer this week. Rifid, are you typing up your scalping ...
- Kitara replied Jun 11, 2014
S/R target on the E/J 1hour hit as I typed that last post. Hope Rifid agrees with my entry. It worked out for me. Backtesting really does help, and taught me to squish up my charts more. The dark gray is hours I don't trade, but the light grey is ...
- Kitara replied Jun 11, 2014
You guys are so quiet tonight, what's up with that? Anyone take the E/J? From Rifid and my backtesting, slight up slopes in upper breakouts are good to take. First one was a loss, the 2nd one is in play. Hit the symmetrical target, but E/J is ...
- Kitara replied Jun 11, 2014
Extended the base a bit and now it has about a 15 pip target. I see what you mean about the spike, it's actually even more pronounced off the broker I do my actual trades with. But MB Trading is what I use for charts and how I backtested, so I'm ...
- Kitara replied Jun 11, 2014
Morning/Evening Rifid, Maybe not the prettiest P2P, but how do you feel about this one? In my backtesting, U/J didn't fare as well for the 20 pip targets, but it usually always met the height of the triangle formation. This one might be good for 10 ...
- Kitara replied Jun 5, 2014
AU still looking nice rifid, but I'm too sleepy to watch tonight. Best of luck on your trading today!
- Kitara replied Jun 5, 2014
we still have AU looking okay for a break down
- Kitara replied Jun 5, 2014
bummer, just breached the high.
- Kitara replied Jun 5, 2014
I see a possible short opp setting up on A/J
- Kitara replied Jun 5, 2014
Yep, that is right
- Kitara replied Jun 5, 2014
lol, whew! I was really trying to see them and failing. e/j has a box, but not quite the criteria you look for. But I see consolidations on gu and eu.
- Kitara replied Jun 5, 2014
I found AU south, but I can't see what you're seeing for GJ and EJ
- Kitara replied Jun 5, 2014
Good to know, thanks. You looking at just your 4 yen pairs on that, or others too?