Drawing correct resistance and support-lines | Page 50 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Drawing Correct Trendlines 58 replies

Drawing Gann Grid in mt4, the correct way 3 replies

Drawing correct S/R and pivot 8 replies

Drawing Objects vs Drawing lines 1 reply

Drawing support and resistance lines 4 replies

Attachments: Drawing correct resistance and support-lines
Exit Attachments

Drawing correct resistance and support-lines

  • Linked: Trend Trading | Brokerage Account XXXX22
  • Expand
  • Last Sync: Sep 13, 2016
Sep 13, 2016
Last Sync: Sep 13, 2016
Sep 13, 2016
Last Sync: Sep 13, 2016
Sep 13, 2016
Last Sync: Sep 13, 2016
Sep 13, 2016
Last Sync: Sep 13, 2016
to
No trading activity in this period.
  • #981
  • Mar 27, 2008 5:43pm Mar 27, 2008 5:43pm
Quoting Tiger Hunter
no need to yalling you are doing good man, keep proceeding and the account will maxmise by $ by himself.
Dollar ?! Hell no, changed my fund to euro long ago.

Don't take my daily target dead serious, we all know % daily targets is pointless in the the long run (3% x 240 days a year lol), it's just for motivation and to "push" myself for improvements. My monthly target is different.
Measure twice, cut once
  • #982
  • Mar 27, 2008 5:55pm Mar 27, 2008 5:55pm
Quoting aediaz1
Dollar ?! Hell no, changed my fund to euro long ago.

Don't take my daily target dead serious, we all know % daily targets is pointless in the the long run (3% x 240 days a year lol), it's just for motivation and to "push" myself for improvements. My monthly target is different.
and for how long time and the euro will increase in his value in your view?.
  • #983
  • Mar 27, 2008 6:00pm Mar 27, 2008 6:00pm
Quoting Tiger Hunter
and for how long time and the euro will increase in his value in your view?.
Technically, I believe we shall see 1.7 so I still stand by this analyze I made some weeks ago on monthly chart. But I could be ALL wrong but I don't see why this strong trend should end today
Attached Image (click to enlarge)
Click to Enlarge Name: montly eur usd.jpg Size: 104 KB
Measure twice, cut once
  • #984
  • Mar 27, 2008 6:07pm Mar 27, 2008 6:07pm
Quoting aediaz1
Technically, I believe we shall see 1.7 so I still stand by this analyze I made some weeks ago on monthly chart. But I could be ALL wrong but I don't see why this strong trend should end today
i noticed this pattern , let wait the break.
Attached Image (click to enlarge)
Click to Enlarge Name: euro ascending triangle.gif Size: 18 KB
  • #985
  • Mar 27, 2008 6:08pm Mar 27, 2008 6:08pm
like the shapes of patterns it make me confident with my directions.
  • #986
  • Mar 27, 2008 6:15pm Mar 27, 2008 6:15pm
my view the price will head down.
Attached Image (click to enlarge)
Click to Enlarge Name: usd-yen.gif Size: 17 KB
  • #987
  • Mar 27, 2008 6:20pm Mar 27, 2008 6:20pm
Hi Guys,

If is is not too much to ask, can one of you kindly post a chart on gbp/chf indicating the type of price action we are like to witness in the next few days or week. Thank you so much in advance.
  • #988
  • Mar 27, 2008 6:40pm Mar 27, 2008 6:40pm
see you in london open.
  • #989
  • Mar 27, 2008 6:45pm Mar 27, 2008 6:45pm
Quoting Tiger Hunter
see you in london open.
See you tomorrow.
Measure twice, cut once
  • #990
  • Mar 27, 2008 6:50pm Mar 27, 2008 6:50pm
Quoting sharon_gpl
Hi Guys,

If is is not too much to ask, can one of you kindly post a chart on gbp/chf indicating the type of price action we are like to witness in the next few days or week. Thank you so much in advance.
For the sake of exercise and from what you have read on drawing, try and draw on by yourself I would be more than happy to make comments to help you (hopefully) improve if you feel unsure. You learn so much better when you draw yourself, believe me
Measure twice, cut once
  • #991
  • Mar 27, 2008 7:05pm Mar 27, 2008 7:05pm
I only have the chart from my broker, so dont know how to post it here. But definitely would like to know that, because I really want to learn how to use the charts.
  • #992
  • Mar 27, 2008 7:15pm Mar 27, 2008 7:15pm
Quoting sharon_gpl
I only have the chart from my broker, so dont know how to post it here. But definitely would like to know that, because I really want to learn how to use the charts.
Gbp/chf is really a price-of-patterns pair. Strong support around .9850 area, I'm looking for a break belove this level for continuation of currently trend. Let's see what tomorrow bring.
Attached Image (click to enlarge)
Click to Enlarge Name: 4hbc.gif Size: 16 KB
Measure twice, cut once
  • #993
  • Mar 27, 2008 8:35pm Mar 27, 2008 8:35pm
Quoting aediaz1
Gbp/chf is really a price-of-patterns pair. Strong support around .9850 area, I'm looking for a break belove this level for continuation of currently trend. Let's see what tomorrow bring.

Thanks a lot, so you plan to short the pair at the break of this point 1.9850 and I have a target of 1.90 area for the down move. Thank you very much.
  • #994
  • Mar 28, 2008 4:15am Mar 28, 2008 4:15am
I am watching the G/J and G/U. I am letting the price patterns develop as we wait for news.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: G.U.3.28.08 5.08.png Size: 25 KB
Click to Enlarge Name: G.J.3.28.08 5.11.png Size: 27 KB
  • #995
  • Mar 28, 2008 5:31am Mar 28, 2008 5:31am
anyone interested in the aud/nzd ?

hardly heard anyone talking about it................seems to be a cup-and-handle ?:

also the same for usd/jpy ?:

seems to be quite a few of these weird kitchenware appearing nowadays along with seafood like scallops.

definitely a lot more weird stuff..............also hardly anyone talking about eur/chf.............
  • #996
  • Mar 28, 2008 7:51am Mar 28, 2008 7:51am
aediaz1 what platform do u use? i use metatreder. i like your template of chart but i can't find it
  • #997
  • Mar 28, 2008 8:42am Mar 28, 2008 8:42am
Quoting Dcb
I am watching the G/J and G/U. I am letting the price patterns develop as we wait for news.

Notice that we have triple bottom on 30m chart. Let's see if GJ wants to break out of this 2 lines before weekend.
Attached Image (click to enlarge)
Click to Enlarge Name: gj30m tripple bottom.jpg Size: 84 KB
Measure twice, cut once
  • #998
  • Mar 28, 2008 8:48am Mar 28, 2008 8:48am
Quoting findcount
anyone interested in the aud/nzd ?

hardly heard anyone talking about it................seems to be a cup-and-handle ?:

also the same for usd/jpy ?:

seems to be quite a few of these weird kitchenware appearing nowadays along with seafood like scallops.

definitely a lot more weird stuff..............also hardly anyone talking about eur/chf.............
Can't say I have looked into aud/nzd. Anything special about it ?

Haha yeah, you can find alot of patterns...If you just search long enough. Personally, I'm more into to drink from a cup and eat scallops
Measure twice, cut once
  • #999
  • Mar 28, 2008 8:49am Mar 28, 2008 8:49am
Quoting john15689
aediaz1 what platform do u use? i use metatreder. i like your template of chart but i can't find it

I use mt4 yes. I have made the template myself, thats why you can't find it. The background you see is silver color.
Measure twice, cut once
  • #1,000
  • Mar 28, 2008 8:52am Mar 28, 2008 8:52am
i am very sorry aediaz1 i use metatreder since few hours and i couldn't change chart look. Now it is all ok ....sorry again

have a nice time!

From italy
1 trader viewing now