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- 2pipsfx replied Aug 18, 2011
NZDCAD Daily PB — Hey Chris, What do you think about that setup? Uptrend in the weekly. PB on 80.0 - 81.0 (great location on the weekly / monthly chart). I'm in it (demo) and first area to watch is 84.0 RN. thx, 2pipsfx
- 2pipsfx replied Aug 13, 2011
Where does your entry and SL will be in such a setup? Thanks, 2pipsfx
- 2pipsfx replied Aug 8, 2011
Thanks Chris, I was thinking I had spotted a big resistance at the weekly chart so the pattern looked at the right place. I was thinking you only trade horizontal support and resistance...... I should learn to know what's a good setup and what's ...
- 2pipsfx replied Aug 8, 2011
Hey Chris, I had taken a full bar lose on EURUSD daily trade. Engulfing pattern on RN @ 1.43. In the attached picture it didn't break but on my broker's feed it did. Would appreciate your analysis. Kind regards, 2pipsfx
- 2pipsfx replied Feb 1, 2011
stopped out cause of minor PPZ on the daily @0.77 2pipsfx
- 2pipsfx replied Feb 1, 2011
Are you sill in the NZDUSD trade? 2pipsfx
- 2pipsfx replied Jan 30, 2011
Ok.... so why wait another day for the end of the month while we also got some nice setups on the weekly charts? Attached is the HD Weekly chart. 2pipsfx
- 2pipsfx replied Jan 29, 2011
Ford (F) Monthly chart. 18.0 is a major zone. 2pipsfx
- 2pipsfx replied Jan 29, 2011
Nike Share (NKE), Monthly chart. Sweet 2pipsfx
- 2pipsfx replied Jan 28, 2011
Chris, NZDUSD is going to give as a PB on the daily chart (assuming it will close like this). We have got triple high around 0.78RN. We got a zone @ 0.765. You think of taking it? 2pipsfx
- 2pipsfx replied Jan 28, 2011
Well..... someone will have to tell me cause i don't know what had happened between both of you. 2pipsfx
- 2pipsfx replied Jan 28, 2011
Yes, I know. Taking only the A+ setups, that's what i'm doing (at least trying). 2pipsfx
- 2pipsfx replied Jan 28, 2011
What they will do, they will recognize a setup (let's say on the daily), see that the original SL should be 100 pips or so, they will set their SL to half of it (50 pips). their order will be filled and after 30-40 pips they will move to BE or close ...
- 2pipsfx replied Jan 27, 2011
If you are interesting, I know this site: url 2pipsfx
- 2pipsfx replied Jan 27, 2011
Is there a scanner for price patterns also?
- 2pipsfx replied Jan 27, 2011
You had just read my mind
- 2pipsfx replied Jan 27, 2011
Now that I think of it, it makes sense not to stick just to Forex. you can expand your list of instrument and thus wait only to the A+ setup. Just two questions: 1) How do we know that a stock is liquid enough. 2) There are thousands of stocks, if ...
- 2pipsfx replied Jan 27, 2011
I see. Chris, should we really worry from those gaps if we trade the weekly charts? 2pipsfx
- 2pipsfx replied Jan 27, 2011
So you can use the Volume on the currency futures markets in order to trade Spot, no? How do you trade in the futures markets?, isn't that by contracts (and then they have expiration date, no?). 2pipsfx
- 2pipsfx replied Jan 27, 2011
May I ask if was it setup from the weekly or daily chart? That's the reason why I trade forex and not stocks, you can be in a big DD on your account with that kind of a gap 2pipsfx