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Drawing correct resistance and support-lines

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  • #821
  • Mar 24, 2008 12:02am Mar 24, 2008 12:02am
Quoting dagoods
hers a tool that uses zigs to draw channels trendlines... idont use indies much...but thaought u all would enjoy playing with this toy....


2 versions attoached..... can be usefull sometimes for perspective...


cheers
Thanks for sharing ur indicators , EMda and Dagoods...
  • #822
  • Mar 24, 2008 3:23am Mar 24, 2008 3:23am
Do you guys foresee any profitable moves today ?

My charts are not telling me much....
  • #823
  • Mar 24, 2008 3:58am Mar 24, 2008 3:58am
I am leaving the market alone today. It is too quiet.
  • #824
  • Mar 24, 2008 4:41am Mar 24, 2008 4:41am
Quoting Dcb
I am leaving the market alone today. It is too quiet.
True, my feeling is there will be some moves though, just wait and see hehe...
  • #825
  • Mar 24, 2008 5:12am Mar 24, 2008 5:12am
I managed one trade, closed in excess of 50 pips.
There was a bullish pennant break out on EU as well....

Attached Image (click to enlarge)
Click to Enlarge Name: rfr7.JPG Size: 102 KB
  • #826
  • Mar 24, 2008 5:31am Mar 24, 2008 5:31am
I managed one trade, closed in excess of 50 pips.
There was a bullish pennant break out on EU as well....

Congratulations! A good trade.
  • #827
  • Mar 24, 2008 6:02am Mar 24, 2008 6:02am
Quoting Dcb
I managed one trade, closed in excess of 50 pips.
There was a bullish pennant break out on EU as well....

Congratulations! A good trade.

Thanks
  • #828
  • Mar 24, 2008 6:05am Mar 24, 2008 6:05am
After ive been shower with pips from the bearish move in GU , im waiting for the possible breakout in this pair.. why im only considering in this pair?

I need comment guys..

cheers!

GU TF 1 Hour
Attached Image (click to enlarge)
Click to Enlarge Name: gu 23 mac 2008, 7pm local time.gif Size: 18 KB
  • #829
  • Mar 24, 2008 6:06am Mar 24, 2008 6:06am
Quoting yuna
yes and price is forming a flag to wish us gd friday :::::

Attachment

Yuna
Yuna,
Did you capture the U/C move up?
  • #830
  • Mar 24, 2008 8:39am Mar 24, 2008 8:39am
Quoting johnbaem
After ive been shower with pips from the bearish move in GU , im waiting for the possible breakout in this pair.. why im only considering in this pair?

I need comment guys..

cheers!

GU TF 1 Hour
Attachment
I have flag formation on 4h cable. A break from this would define the next leg.

Slow day today so attaching 15m chart as well with ascending triangle;
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu15actriangle.gif Size: 12 KB
Click to Enlarge Name: gu4hflag.gif Size: 13 KB
Measure twice, cut once
  • #831
  • Mar 24, 2008 8:42am Mar 24, 2008 8:42am
Quoting aiyahmarklah
I managed one trade, closed in excess of 50 pips.
There was a bullish pennant break out on EU as well....

Attachment
When I see your euro charts, I get de-ja-vú big-time.Nice and easy pips
Measure twice, cut once
  • #832
  • Mar 24, 2008 8:47am Mar 24, 2008 8:47am
Had ascending triangle on eur/usd too but didn't trade it because of the low activity today, I said to myself.

Anyway, got flag on 15m;
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd15mflag.gif Size: 17 KB
Click to Enlarge Name: eurusd1hactriangle.gif Size: 14 KB
Measure twice, cut once
  • #833
  • Mar 24, 2008 10:09am Mar 24, 2008 10:09am
that is the daily and monthly charts of geppy, i love this pair so much it make to me before a hard losses ( 7 accounts ) , but i belive that he worth it
we can make a big difference to others and basically to ourself
no matter what happened before , we can do all what we want to do
it is not matter of hope it is matter of time.
Attached Image (click to enlarge)
Click to Enlarge Name: geppy daily.gif Size: 17 KB
  • #834
  • Mar 24, 2008 10:14am Mar 24, 2008 10:14am
aediaz,

ive seen diff spot on tf4h... well, same goes to me.. today is quiet so i just watch market..

comment!

Attached Image (click to enlarge)
Click to Enlarge Name: gu tf4h.gif Size: 12 KB
  • #835
  • Mar 24, 2008 10:26am Mar 24, 2008 10:26am
i noticed that bearish battern in euro/usd from my limit experience that will influence all other euro pairs.
Attached Image (click to enlarge)
Click to Enlarge Name: euro 4 hr.gif Size: 16 KB
  • #836
  • Mar 24, 2008 10:34am Mar 24, 2008 10:34am
Quoting Tiger Hunter
i noticed that bearish battern in euro/usd from my limit experience that will influence all other euro pairs.
It was a clean cut tiger.. u might consider that pairs..
  • #837
  • Mar 24, 2008 10:44am Mar 24, 2008 10:44am
Quoting johnbaem
aediaz,

ive seen diff spot on tf4h... well, same goes to me.. today is quiet so i just watch market..

comment!

Attachment
Your seems valid too, no worries. Small difference, you have pennant and I have flag. Doubt we shall see too much action until tomorrow.
Measure twice, cut once
  • #838
  • Mar 24, 2008 10:45am Mar 24, 2008 10:45am
Yes indeed, surprising numbers from US probably is the only catalyst for the movements. EJ offered a second entry when it bounced off asia session high, I was sleeping then.....

Attached Image (click to enlarge)
Click to Enlarge Name: rfr9.JPG Size: 94 KB
  • #839
  • Mar 24, 2008 10:48am Mar 24, 2008 10:48am
Quoting Tiger Hunter
i noticed that bearish battern in euro/usd from my limit experience that will influence all other euro pairs.
Bearish pattern I assume ? Not sure I understand what you see here Tiger ?
Measure twice, cut once
  • #840
  • Mar 24, 2008 10:57am Mar 24, 2008 10:57am
Quoting aediaz1
Your seems valid too, no worries. Small difference, you have pennant and I have flag. Doubt we shall see too much action until tomorrow.
thanks for the comment aediaz.. currently cable is trying to break the pennant support.. we might seeing somethin..
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