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- xtensive replied Feb 3, 2010
I like that channel a lot, I've noticed some of those major channels (daily and weekly charts) are pretty powerful. I am watching this one on the EUR/JPY weekly. I wish I could go back further than 2007, I bet this channel is somewhere earlier as ...
- xtensive replied Jan 21, 2010
There seems to be decent support around 1.4008 looking back historically, so be careful shorting above that level (only my personal opinion!). I made my own ass chart, hope Gator doesn't mind, mine isn't as good as his I'm sure image
- xtensive replied Jan 20, 2010
Chart — After a brief fake-out to the top (that was not a very good fake-out to be honest, look at those upper wicks!) we dropped back in the channel, and usually when that happens the next break is fast and furious. Behold! image Mike
- xtensive replied Jan 13, 2010
Very nice trading! Attached is a chart I've been watching since December on the EURUSD daily. I'm not sure I have the channel exactly where it needs to be but it did touch the top of the channel twice after the "breakout" on January 10th so I think ...
- xtensive replied Dec 15, 2009
Chart — Not sure if anyone is following this thread anymore but I thought I'd post the result of the last chart...it completed the pattern! Just barely touched the 38.20% line, amazing. image Mike
- xtensive replied Dec 11, 2009
Chart — Hi Bemac, I'm having a lot of fun on the daily chart with this, the break up looked like a fake out (at least for now) but the advantage of the daily is even on a fake out you can haul in a bunch of cargo It slipped back in the ...
- xtensive replied Dec 4, 2009
Chart — image I still think this channel is relevant, the break out up might have been a fake or maybe it needed to retest the channel a few more times but I'm having fun with this on the daily! It broke the channel on 11-25 for well over ...
- xtensive replied Nov 23, 2009
Chart — What do you think of this channel forming on the daily for the EURUSD? It seems valid so far but the daily timeframe spooks me a bit in regard to SL numbers. image Mike
- xtensive replied Nov 20, 2009
Chart — Hi Bemac, I have been observing divergence along with this method to see if it could help me get a better entry and avoid fake-outs. I've suffered several fake-outs with the channel breaking one way just enough to get me in and then ...
- xtensive replied Oct 26, 2009
Chart — Here is one from this morning. Makes me awfully giddy when it ranges all through the London session! Mike
- xtensive replied Oct 20, 2009
Chart — Hi guys, I am very late to this party but wanted to express my gratitude for the fishing lessons! I just made my first (live) successful trade with this method. I entered @ 1.4946 short, and exited @ 1.4904 (chickened out because the ...
- Posts by Member Search: 'xtensive'