Profit is where readiness meets Opportunity
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
Charts, Charts, Charts! 1 reply
Forex Daily Charts Scanning “price action in and between charts” 2 replies
Few analysis methods 6 replies
Quoting FXopportunistDislikedAs we would expect the dollar is showing weakness coming into the expected rate hold. The price channels are telling the story. If they fed statements follow the technicals we should see the euro reaching the top of the price channels and conversely the franc to the bottom. the following charts have some price channel target in both directions in case the FOMC surprises the markets with a hawkish statement. We all know the fed rules.Ignored
Quoting minuteDislikedWith the trend change would it be fair to say that a pull back to 1.2700 and then a retrace into the channel would confirm the trend or is there more too it?
Thanks.Ignored
Quoting minuteDislikedBTW I just discovered "equidistant channel" on MT4, good for drawing parralel lines. You probably onto it, but just in case.Ignored
Quoting TragapipsDislikedAs I see you´re inspired on Gann.
let me ask. Do you select an important high and low, draw a 45 angle line and then draw paralel lines of it?Ignored