Light breakfast on GU. in early morning. no pic.
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
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Dislikedukcool you use oanda?
spread 4 is not bad I use that on smaller accounts eric but larger one it's 2.5 all the wayyy! Rocks, when other brokers are stopping me out at BE and oanda holds on then goes to 50 I want to kiss themIgnored
DislikedHere are my H4 charts for EU, EJ, GU......
EU broke below the upper channel but then able to get back in the channel again now is near 1.2900 Resistance break above that level can open the track for 1.3000 again... or rejection of 1.2900 can pull price back to test 1.2750-60 area.
EJ is trying to cross the resistance area holding above that area can support the price to touch 113.00 again which is a strong resistance. Rejection of current level can throw the price back to test 110.70 and maybe new low at 109.50 as price is making lower lows support...Ignored
DislikedSim,
Oanda offers 2.5 for GJ?? If so, I must re-consider again by mid-Aug, the new house may serve me a better internet connection!!
PS - any stop hunting suspected? You know I'm playing really short term trade, stop hunting means important to me!!
Cheers mateIgnored
DislikedI told you the spread aaaages ago when you said about java probs
Yeah they are 2.5 with no commission! Rocks... no stop hunting lol don't worry about that, just be careful of news etc infact they are better than DUKAS IMO because I often get stopped on dukas due to their crazy variable spread cleaning my stops when oanda doesn'tIgnored
Disliked....I often get stopped on dukas due to their crazy variable spread cleaning my stops when oanda doesn'tIgnored
DislikedGood start with little profit from GU, let the EJ runs more.......Ignored
DislikedPip26,
These are the chart on the post you send me.
Just a quick observation.
Your charts look good but IMHO you may be making a big mistake. You are confusing timeframes in that chart. Those lines are connecting unrelated swings. Swings of daily with 240M with 60M and even with a weekly swing. This is a very common mistake I see in most charts here.
If you are going to use channels (I dont) you need to plot for example daily swings in a 240m to have a proper channel. If you want to refine your entry you can plot for example a new chart...Ignored