Possible diamond formation on 1hr EU.
Heres the chart.
Cheers!
Heres the chart.
Cheers!
Drawing Correct Trendlines 58 replies
Drawing Gann Grid in mt4, the correct way 3 replies
Drawing correct S/R and pivot 8 replies
Drawing Objects vs Drawing lines 1 reply
Drawing support and resistance lines 4 replies
DislikedHey guys,
I have been trading a whole lot of GJ end EJ. These pair have been moving and last week was a pip frenzy for them!! This week as well. Yesterday and today making shorts and longs... But specially LONGS!!
Now, below I present price channeling up both on H1 and Daily.
I have refrained from making too many trades on pairs like EU and Cable.
Wish u all the best.
JP.Ignored
DislikedHey Aediaz,
Maybe this weekly chart will add something to uour aussie charts.
Price is about to hit an LTL of an Asc. channel from what I see. Maybe a bounce up?
It looks like a very clear asc. channel to me.
What do u think.
Best,
JP.Ignored
DislikedHello.
Today ive taken a long position on the touch of the LTL of this ascending 1hr/4hr channel. SL was 10 pips below this swings low. Price started rising nicely and went up ~200 pips. We had news comming, so that made me to bail out quick and so my trade was gone with a little profit. Lesson learned. Plan your trade and trade your plan :-)
Cheers!Ignored
DislikedAvoid big news when you have a position based on 1h chart at all cost and if you're so lucky to have gains, make sure you take them of the table before they're all gone. I learned it the really hard way like most people do lol.Ignored
Dislikedaediaz1, whats yor take on geppy right now? a chart would be lovely. thanks!Ignored
DislikedWhile half of the FF members have screamed "short short, the monthly trend is down" on this pair, I'm very glad to hear you exploit this nice upward trend g/j have given us. Although, currently level and about 100 pips upward have been hard to get above. But this is the forth bullish month after each other, so more bulls in the future shouldn't be too surprising, IMO.Ignored
Dislikedjupiter_peak,
Silly question - how are you drawing TLs and horizontal lines in MT4 with fixed end points? I didn't see that option anywhere, the default lines are infinite in length.Ignored
DislikedHey Aediaz What's Up Buddy
Finally You came back... Now this time with Moving averges with you lol....
Nice. Have a good day.
Umair.Ignored
DislikedHi Umairs, not much bud, hope you're good too. Haha yeah, I see some value in them now, after some "knowledge-hunting"
I rambled over this potential set-up on eur/chf. Flag breakout on daily chart, with possible target around 1.6650 area. Also a double bottom (continuation) pattern which stakes the possibility for an correct outcome in our favour. If you have trouble noticing it, switch to line chart.
Needless to say, all patterns can fail so please bear that in mind if you place any position based on this analyze.
See you tomorrow.Ignored
DislikedNice Flag Aediaz!! Had not spotted that one. Actually, I had never followed this pair before. Nice moves on it???
I see 2 possible resistances before your target.
1st @1.6286
2nd @ 1.6340
But yes, price is inside a wedge like formation and is headed up.
Cheers.
JP.Ignored
DislikedHello eadiaz1,
Im long on aususd on this triangle break. still 20mins till 1hr close but we do have 30m close already. what you think about aussy right now?Ignored