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- psneto replied Apr 28, 2009
my view — EUR/USD Market tested TL and respected it. No PA, NO TRADE USD/CHF Market opened above 20 ema and 50 sma but closed below it. IB testing a TL. Next support is between 1.1250 and 1.1300. it can be a trade for 100 pips but the risk is ...
- psneto replied Apr 23, 2009
My analysis — EUR/USD: Daily: Broke TL and Resistence on 1.31 but stopped at 20 EMA. I'd wait for a retest of 1.31 level and TL to confirm a a possible UP moviment. NO TRADE USD/CHF: Daily: Broke TL, and closed below 20 ema and 50 sma. No ...
- psneto replied Apr 23, 2009
NICE!! Last weekend the waves were amazing in Capitola,CA!!
- psneto replied Apr 22, 2009
I see it as a DHLC and testing a support. It seems there's a difference between the tops so it would be a BEOB too but since it's not a lot, I'd say it's a DHLC. The bottom is at a support. So I'd wait to break down, return and then see there's a PA ...
- psneto replied Apr 22, 2009
Hmm I totally agree with you. One question: After your analyzed weekly at the end of the week, if the pair is sideways, you ignore it during the week if there's no PA close to weekly SR or you trade it from daily charts, in case you see a PA on ...
- psneto replied Apr 22, 2009
I hope I skipped just this small but VERY IMPORTANT detail. Let's read everything again... thanks
- psneto replied Apr 22, 2009
HMm I'm using 20 EMA and 50 EMA. is SMA Simple or Smoothed? thanks
- psneto replied Apr 22, 2009
My view — Strat, Let's see how I'm doing with my analysis... EUR/USD Weekly: Down trend and a possible PB forming that tested support 1.29. PB against the trend. Daily: BEOB testing support on 1.29 level but we have the TL right above. So NO ...
- psneto replied Apr 22, 2009
Usd/cad — Hmmmmm using the close o the bars, my tl is just like Pi's TL. Now I got it!! see attached. thanks!!
- psneto replied Apr 21, 2009
here it goes thanks
- psneto replied Apr 21, 2009
question — Question: the daily chart is down and weekly is sideways, It tested 50% Fib on daily chart, 20 EMA is right above the PB, but your TL shows that the bottom is around 1.2220. According to your TL, there's no reason to go sell right ...
- psneto replied Apr 21, 2009
NOPE Lesson learned!! Soon I will be playing in your team ( winners)
- psneto replied Apr 21, 2009
One more time, thanks Strat! I'm totally decided to stick with daily/weekly charts now... I'm tired to be up and down and frustrated. I know that Baba G will not be happy with this, but I need to be up as well. What I was not expecting to read ...
- psneto replied Apr 21, 2009
Man, thanks for this message and actually I'm not upset at all, I'm learning and it's good to have someone to guide me on this. I've been posting on Jacko's and J16's thread as well because I thought that your and theirs system are correlated and ...
- psneto replied Apr 21, 2009
thanks Jigsaw
- psneto replied Apr 21, 2009
EUR/USD — BUOB on 4h on swing low but against the trend.... What do you guys think?
- psneto replied Apr 21, 2009
LuSan, thanks for your charts!
- psneto replied Apr 21, 2009
Chart — below is how I have my TL now, if I understood it correctly, I will sell around 1.2976 or if it breaks the TL. But I'm not sure which TL is valid for down-trend right now. the outside (aqua) or the inner ( dark blue).
- psneto replied Apr 21, 2009
Hi Jacko, I read it already and actually I posted a chart here last week asking if my TL was correct but nobody gave me a feedback. So when I asked for his charts I was actually planning to use it to compare to my chart and see if I'm doing ...
- psneto replied Apr 20, 2009
Is there any reason for not trading all pairs besides spread? thanks!