chart are crazzzzy.....
Price Action System/Indicator 380 replies
Swing Indicator: Touch of the price with SMA 50-100-200 0 replies
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DislikedDepends where you place your SL and TP.
This one went up about 50 pips before dropping, and it only dropped about 30 pips below entry before it bounced up again. So again, it all depends how you managed your trade, it may or may not have been stopped out.Ignored
DislikedEvidently it depends on where you put your SL, but I thought your own entry method would have got you in at the break of the pin-bar, with SL below the pin-bar. And price went up 30 pips from the break of pin-bar, before dropping 30 pips below it (50 pips from the entry price).
Have I got this right as far as your own personal method of entry, SL placement etc?Ignored
DislikedNow I look no this chart....
If candle close above the horizontal at 1.5900 line is posible move to upward.. and bounce from the trend line. then make valid BORC entry, with target on the support line... if close below the horizontal line, is posible downward move...Ignored
Dislikedlooks like our NZDUSD chart worked out perfectly in Tokyo session. The other charts took way too long and we were up against Bernanke testimony before those chart setup mateialized. I normally would not enter any trades around big news events such as speeches.
As it stands now however, looks like GU is actually bounced against the 15900 figure at 15903 or so that we outlined last night, so that setup is in play currently, as Brontoo just mentioned also a couple of postings ago.Ignored
DislikedLook like very nice respect support and resistance levels today.
and also nice bonce UP no the blue line.Ignored
DislikedI see a few possible BORC setups
1- GBPUSD long entry around 1.5900 as is the case currently
2- CADUSD short entry around 0.9900 as currently is th3 case as this pair is already starting to retreat down form 0.9908
3-USDCHF now that it finally has broken the 0.9000 figure to the upside, I expect that number to become support now and if the pair retraces and resest, the zone around 0.9000-0.9010 "should" hold as support and we may want to go long around this zone
4-NZDUSD has brokn down the rising channel and is now moving slowly...Ignored
DislikedThank you for sharing this.
Sometimes, it is really good to sit back and reflect on the simplicity at times.Ignored