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  • First Post: Edited Jul 1, 2013 12:01pm Oct 8, 2012 3:40pm | Edited Jul 1, 2013 12:01pm
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actually 5 15 30 60 upper channels broken.
4h hanging under 1st lower channel.
today I had a loss trade with long & some longs & shorts closed with profit.
currently flat.

price has bounced just over my 2929 lower support.

daily 3020 bounce level for up move is missed.

looking for new trades.

walker.
5 15 30 M charts are stuck in a narrowing zone.

watching poss brreakouts.
Attached Image (click to enlarge)
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& outlook of daily chart is totally mess!
Attached Image (click to enlarge)
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we have a poss up move to 2984/87 to 1 st lower channel of 4H but price can be rejected from that level to 2945
actual range is 2965 / 2977 diagonal narrowing zone from top & bottom

this may break very early in the morning.
actually looking for bounce over/below 2968 for up/down break
price is currently hanging at 1st fibo 38.2 level
until any sign of move will stay flat.

walker.
Attached Image (click to enlarge)
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5 M is going to enter a down channel
but it is also rollover time
will wait
most charts are pointing the 2966/68 level
price is over daily diagonal just printed with the rollover which 2966

watching 2966
daily outlook

2966 violet digonal with the actual price
Attached Image (click to enlarge)
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actually price is placed lower part of 4 H channels
for better risk/reward ratio we should be looking for longs.

but that desecion should also match with other mkt dynamics.

if not then not logic.
5 M upper channel 2967
15 M upper channel 2968
30 M upper channel 2969

price actually chasing for all
break then retract then up poss

walker.
with actual formations I am not planing to take shorts due to RR ratio
all channels broken but not with price , with time

Quoting stevewalker
5 M upper channel 2967
15 M upper channel 2968
30 M upper channel 2969

price actually chasing for all
break then retract then up poss

walker.
long @2968

deadline 2940
targets

2983/87
2999
Quoting stevewalker
long @2968

deadline 2940
2974 reject level

Quoting stevewalker
targets

2983/87
2999
buy limit added @2953

for all
SL : 2940
TP : 2999
Quoting stevewalker
2974 reject level
4 H lower channel 2949

Quoting stevewalker
buy limit added @2953

for all
SL : 2940
TP : 2999
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