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  • Post# 921
  • Quote
  • Jan 1, 2013 10:06am
  • sodiska
    Joined Nov 2011 | 61 Posts | Status: Member
Hi FxGroup,

Back to the USDCHF chart, notice that P has close below 0.92 (RN) for the last 2 weeks. My initial idea is to short it when P retrace back to 0.92. But, the last 2 weeks are doji, seems sellers n buyers are fighting to get control. Can you advice whether its a good idea to short it ?



[quote=fxgroup;6299061]
Quoting Ezekiel Chew
The trading IS far simplier than all your indicators !...You have so many, that I really can't see the P !

Is not just easier a simple chart like this ?
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  • Post# 922
  • Quote
  • Jan 2, 2013 3:35am
  • fxgroup
    Joined Nov 2010 | 753 Posts | Status: Member
[quote=sodiska;6331294]Hi FxGroup,

Back to the USDCHF chart, notice that P has close below 0.92 (RN) for the last 2 weeks. My initial idea is to short it when P retrace back to 0.92. But, the last 2 weeks are doji, seems sellers n buyers are fighting to get control. Can you advice whether its a good idea to short it ?

Once the P get out of the dynamic RM, the Tg are those levels where the P found the S within the patterns.....
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Nothing personal,just business.
  • Post# 923
  • Quote
  • Jan 2, 2013 11:05pm
  • malmal1985
    Joined Jan 2013 | 10 Posts | Status: Member
Hi fxgroup and everybody!
I think about it. Can you help me?
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  • Post# 924
  • Quote
  • Jan 2, 2013 11:11pm
  • malmal1985
    Joined Jan 2013 | 10 Posts | Status: Member
chart oil
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  • Post# 925
  • Quote
  • Jan 3, 2013 7:46am
  • haimber
    Joined Nov 2012 | 110 Posts | Status: dancing with the price
hi fxgroup

very nice thread and very good approach to trading. price is the best indicator. what do you think about gu? will it go to yhe end of the rm?
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trading is not an addiction. it's a profession.
  • Post# 926
  • Quote
  • Jan 3, 2013 8:02am
  • haimber
    Joined Nov 2012 | 110 Posts | Status: dancing with the price
if the eur will not go below s and make a pullback that might be nice ....
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trading is not an addiction. it's a profession.
  • Post# 927
  • Quote
  • Jan 3, 2013 9:51am | Edited at 10:09am
  • fxgroup
    Joined Nov 2010 | 753 Posts | Status: Member
Quoting malmal1985
chart oil
Hi..nice chart....let's see what M is telling us !....when we have such an important information as the P @ S level..we know WPD and what we have to do !
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Nothing personal,just business.
  • Post# 928
  • Quote
  • Jan 3, 2013 10:07pm
  • malmal1985
    Joined Jan 2013 | 10 Posts | Status: Member
Quoting fxgroup
Hi..nice chart....let's see what M is telling us !....when we have such an important information as the P @ S level..we know WPD and what we have to do !
hi fxgroup. Thank you very much
  • Post# 929
  • Quote
  • Jan 4, 2013 10:14pm
  • malmal1985
    Joined Jan 2013 | 10 Posts | Status: Member
Hi fxgroup, everybody.
Can you help me?.
USD/CHF: chart Weekly confirmation up, chart Daily confirmation down
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  • Post# 930
  • Quote
  • Jan 5, 2013 2:36pm
  • haimber
    Joined Nov 2012 | 110 Posts | Status: dancing with the price
audusd weekly. will it turn up? or just a pullback? lets wait and see.
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trading is not an addiction. it's a profession.
  • Post# 931
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  • Jan 5, 2013 2:57pm
  • haimber
    Joined Nov 2012 | 110 Posts | Status: dancing with the price
aususd daily chart
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trading is not an addiction. it's a profession.
  • Post# 932
  • Quote
  • Jan 5, 2013 2:59pm
  • haimber
    Joined Nov 2012 | 110 Posts | Status: dancing with the price
aususd d1
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trading is not an addiction. it's a profession.
  • Post# 933
  • Quote
  • Jan 6, 2013 4:45pm
  • fxgroup
    Joined Nov 2010 | 753 Posts | Status: Member
Quoting haimber
aususd daily chart
AUDUSD is in RM and @ an important dynamic R...we have to wait for more information in order to see if the sellers will keep the P within RM or the buyers will succed to close above the dynamic R and above the RM...when 1.08 will become the next TG !
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Nothing personal,just business.
  • Post# 934
  • Quote
  • Jan 7, 2013 3:09am
  • oliverzhao
    Joined Jan 2011 | 9 Posts | Status: Member
Happy New Year All,

I had been busy with my work last few months and finally got a chance to have a look of forex now. Here is what I see in EURUSD
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  • Post# 935
  • Quote
  • Jan 8, 2013 10:33am
  • fxgroup
    Joined Nov 2010 | 753 Posts | Status: Member
AUDCAD

W in RM with PB bullish at S and in telling the same story as M
D is stuck in RM too but with nice buyers reaction....if the buyers closes above the TL, then the R of the M RM becomes the TG (1.0650) with MM at 1.0540 !
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Nothing personal,just business.
  • Post# 936
  • Quote
  • Jan 8, 2013 1:08pm
  • haimber
    Joined Nov 2012 | 110 Posts | Status: dancing with the price
the eur was rejected from the upper level of the range on daily chart. if we will not see a decisive break to the upside it might reach the lower level of the range again.
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trading is not an addiction. it's a profession.
  • Post# 937
  • Quote
  • Jan 8, 2013 1:42pm
  • haimber
    Joined Nov 2012 | 110 Posts | Status: dancing with the price
gbpusd d1. the price was rejected from a double top neckline. still have strong levels in its way.
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trading is not an addiction. it's a profession.
  • Post# 938
  • Quote
  • Jan 9, 2013 2:54am
  • fxgroup
    Joined Nov 2010 | 753 Posts | Status: Member
Quoting haimber
gbpusd d1. the price was rejected from a double top neckline. still have strong levels in its way.
GBPUSD
We have a BEOB with the P within RM....but the problem of this BEOB is its position...right above of the very important BRN 1.60....the BRN what is holding the shoulders too...so...in such case the safiest way to trade a RET of the W BEOB is to wait the P to close bellow the 1.60 and trade with its confirmation as R ( on D chart )with the RM's S as the first TG.
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Nothing personal,just business.
  • Post# 939
  • Quote
  • Jan 9, 2013 2:18pm
  • haimber
    Joined Nov 2012 | 110 Posts | Status: dancing with the price
usdchf w breaked the rm and now in a pullback. if there will be a confirmation like reversal pattren this could be a good entry.
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trading is not an addiction. it's a profession.
  • Post# 940
  • Quote
  • Jan 9, 2013 2:45pm
  • haimber
    Joined Nov 2012 | 110 Posts | Status: dancing with the price
nsdusd weekly . rising wedge on top of a ranging market. what will be the next step??
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trading is not an addiction. it's a profession.
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