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- 71 Results (1 Thread , 70 Replies )
- Arfer Daily replied Dec 3, 2010
Hi all, a potential trade here? This will be my first trade for months, happens slowly when you trade weekly charts! I'm waiting til nearer the close tonight but I like the look of the bounce from parity and the rising trendline.
- Arfer Daily replied Aug 18, 2010
This is an interesting chart, heating oil weekly. That trendline doesn't mean anything at the moment but look at 1.88. Chris, how would you go about looking at the fundamentals for this? We're getting towards the tail end of summer, oil is still ...
- Arfer Daily replied Aug 10, 2010
The big man has gone to work but if you want my opinion you're looking a little too closely. I find GbpUsd tends to bounce between the big round numbers, 1.35, 1.40, 1.45, 1.5, 1.55, 1.60, you get the picture. Anything other than those levels will ...
- Arfer Daily replied Aug 9, 2010
A couple of interesting charts here. First one is sugar. I would have sold this if I had funds in my account. A nice 45 ish degree trendline with the 38.2% level and a long bearish candle last week. Second one is Mcdonalds. Is that the type of gap ...
- Arfer Daily replied Aug 4, 2010
Woohoo, stocks on mt4! I can post some stock charts now. I really like this one. Barclays (barc.lse).
- Arfer Daily replied Aug 3, 2010
Here's my chart of oil. 78 doesn't look like good s/r but it corresponds with a couple of peaks in the past. In fact a few of those s/r levels don't look like anything on this chart but are strong levels in the past, maybe goes to show why oil is ...
- Arfer Daily replied Jul 29, 2010
Still don't like trendlines? I seem to remember I spotted this one just before Chris did. For me it just "feels" right for it to reach that bottom trendline and reverse. I'm not in the trade at the moment so I can afford to speculate on a hunch!
- Arfer Daily replied Jul 29, 2010
Of course you can make charts tell you anything you want to hear. Retest of the trendline and 38.2 fib level? Maybe we should sell now? lol
- Arfer Daily replied Jul 29, 2010
I like trendlines on the weekly. I can only really see one valid downwards trendline on this chart at the moment and there are only two horizontal resistance levels between here and 1.45. What makes everyone so bearish the euro/usd anyway? Is the ...
- Arfer Daily replied Jul 24, 2010
Would this trendline not do?
- Arfer Daily replied Jul 24, 2010
My entries are according to the ss method, weekly s/r combined with the right candle patterns and a bit of fundamentals. My exits are determined by the previous weeks pa. If it goes my way and looks right I'll add on and move the stop down and keep ...
- Arfer Daily replied Jul 23, 2010
Existing trades - NzdUsd went the wrong way. I thought about keeping it open to see if it held below the trendline and then went down but frankly I think I'm better of taking the loss and trading something else. UsdSgd is currently +58 pips. Not a ...
- Weakly Trading
(pun intended) - Mods please leave my sense of humour alone. I am not illiterate. It's fair to say ...
- Arfer Daily replied Jul 16, 2010
This is SGDJPY Weekly
- Arfer Daily replied Jul 12, 2010
This usdjpy looks interesting but the near s/r puts me off a bit. I'm going to wait for the end of the day and see how it closes. I might try a small position short.
- Arfer Daily replied Jul 2, 2010
I just placed this pending order before the market closed. That little spinning top today interests me. The last time price pinned at 1.26 it shot down to 1.19 just after. There are three possible outcomes here. Firstly the price could just carry on ...
- Arfer Daily replied Jun 30, 2010
Early days yet but we could have a trendline forming here. The magenta lines are short term s/r as opposed to the blue round numbers from the weekly chart.
- Arfer Daily replied Jun 29, 2010
If you don't mind my opinion on this I would say you are drawing too many trendlines but more importantly the trendlines you are drawing don't tell you anything about the current trend. I always use the wicks of candles, ie the high and low of ...
- Arfer Daily replied Jun 29, 2010
Here's the eurusd this morning uk time 06.30. Now that's a classic trendline break. Break down through the trendline, 2 fairly slow candles move to retest the bottom of the trendline and then bang, downwards move continues. The funny thing is that ...
- Arfer Daily replied Jun 28, 2010
I added when it touched the bottom of the trendline. Got a bit of profit locked anyway so it's free trade time Going to bed soon so I'll see how it looks in the morning. Night all.