Let Price determine your future!
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Link Charts & Floating Charts 4 replies
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Forex Daily Charts Scanning “price action in and between charts” 2 replies
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DislikedWell, this trade played out as per my chart. THANKS GEPPYG, I am learning.
The good part is, the chart played out as I expected it to play out.
bad part - I wasn't part of it as I was out on the beach on Australia day :-)
I traded Beach volleyball, cold beers and BBQ in almost perfect weather at Palm Beach for 110 pips...
Well, I reckon it was a decent trade off....Ignored
DislikedMy friend Plenty of pips to come....
Just about being patient...
No open Trades at present...
I am waiting for confirmed entries....
(My Gut feeling something really out of the blue will happen to cable today...an unexpected move...Very very suspicious)
Puks when you look at charts time and time again you start seeing price ACTIVE Moves and this helps so much i predicting the next movement...
Even if they do not workout or go against you ....you dont feel the pain of the loss..
Good Day...
On a serious note...not going...Ignored
DislikedAgree.
I am out of that thread too. All the good people either dont post there or moved out.
I will continue to post here and hopefully other will join too.
FYI > I just returned home about an hour ago. Based on your note, I entered long eurchf at 1.4715 with tp 1.4775 and sl 1.4675
Cheers
Let me re-draw AUD and EUR chart once again and will post it here soon.Ignored
DislikedHi Puks,
If you seriously want my advice..and want to go live concentrate in the following format..
A.Chart
B. Show the trade on the chart
C. Rate you trade
D. Is it a one touch or not...
Did you know just of one touch traders one of my partners make 400 pips a month a cross 6 pairs...and most of his trades finish in less than 15 mins..
If you can make 1200 pips in the next month starting from tommorow ie
average 400 in 3 months that would be an achievement in itself...Is it possible it is very easy just need patience and the...Ignored
DislikedHi mate,
Thanks once again for your valuable advise.
Based on one-touch theory, please see below my Aussie daily chart.
what I see is following.
- Downward channel is in progress on 4H chart with UTL coming in at about .9050
- Since we've penetrated .8950, a further downside is possible towards an important psych & 00 level at .8900 which has acted as minor S/R in past.
- AUD has bounced off that level 3 times in past
- so if we happen to see more downside in US session, we should see a "first touch trade" in place at .8910-20.
- Further...Ignored
DislikedMakes sense how difficult was that buddy and I agree with you ...
Things missing:
1LTL and UTL...
Other than that seems good for one touch...
I will start your pip counter on this thread ..lol
Good NightIgnored
DislikedClever sod i have difficulty reading charts from left to right let alone right to left..Good Luck matey on your charts..
No Short for me yet..
Waiting to place a long probably about 1.4728..
Lets see..
Thanks for taking the time to post your charts and trades...Ignored
DislikedHi
I did my homework and would like your help to see whether did I understand the chart correct. I hope you can give me some advice.
Based on my 4H chart
1. the daily high is 0.9092
2. daily low is 0.8945, however it did not break thru and stayed in 0.8960s -0.8950s range.
The R1 is 0.9214 and R2 0.9328
The S1 is 0.8847 and S2 0.8733
Range Pivot 0.9030
Based on my chart,
I will should long at 0.9101 and TP at 0.9214 and
short at 0.8940 TP at 0.8847
As for swing, it will between 0.9100 -0.8950
Am I doing correct?
Thank you.
Sorry,...Ignored
DislikedI am not having a dig or trying to be smart ...
But a number of traders were long between 8950 and 9000 with a stop at 8943.. The stop was correct as they had to use the proper money mangement..Why did there trade fail .
A. Wrong Entry.
B. 4 Hour Candle closed below the lower Trend line
c. 1 hour Candle closed below the lower Trend line
D. Dollar index was bouncing near support
E. Gold Was falling rapidly since this morning
F. They had a chance to come out of the trade and enter at a better price..
Tip .When the 4 hour candle is about to close...Ignored
DislikedHello GeppyG,
Nice to read your posts and charts here on this thread.
"..a number of traders were long between 8950 and 9000 with a stop at 8943.." --> I was one of them.
I really appreciate your efforts to explain things and and help "newbies" like myself to understand and learn (of our mistakes)
I will follow you closely in here and do my homework. Sure I still can and have to learn a lot.
So if you don't mind I will be a "silent" reader in here. Trying to learn from a pro!
Regards, TunerIgnored