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Drawing correct resistance and support-lines

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  • #1,141
  • Apr 7, 2008 1:49am Apr 7, 2008 1:49am
Quoting aediaz1
Very possible. G/J , E/J and U/J seems bullish to me.

aediaz could you please post some other charts with correct lines so that i can check if on right track
many thanks joy
  • #1,142
  • Edited 2:12am Apr 7, 2008 2:00am | Edited 2:12am
Quoting joypips
aediaz could you please post some other charts with correct lines so that i can check if on right track
many thanks joy
I have this on G/J. Same as U/J and E/J, flag formation.

And flag on 30m E/U too. Is it the national flag-day today or something lol ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj30mflag.gif Size: 16 KB
Click to Enlarge Name: eursudflag30m.gif Size: 12 KB
Measure twice, cut once
  • #1,143
  • Edited 2:24am Apr 7, 2008 2:21am | Edited 2:24am
While market is ranging like this, exploit it with calculating your targets if you're look for potential trades. Make sure you only risk a few % of your account. If you have had many losing strikes lately I would advice you cutting down on your risk % to something like 0.5% till you get more confidence. If you had 5 losing trades in a row, you still have bad odds getting a winning trade on your next trade.

Since I joined FF I have seen so many people loses almost their entire account within minutes due to bad money management.

This is not the thread meant for MM but thought I should mention it as this could explode both ways on all pairs.
Measure twice, cut once
  • #1,144
  • Apr 7, 2008 2:48am Apr 7, 2008 2:48am
This may be of interest (apologies if this has been posted and I missed) draws channels, trend lines etc etc per T de Mark rules. Very handy.
Attached File(s)
File Type: mq4 DeMark lines.mq4   17 KB | 438 downloads
  • #1,145
  • Apr 7, 2008 3:06am Apr 7, 2008 3:06am
hi aediaz,

how do you get the time left to bar's end on your MT4 charts?

thanx
1st step stop loss in the green 2nd step play with the free money
  • #1,146
  • Apr 7, 2008 4:08am Apr 7, 2008 4:08am
Is this another flag?? Eur/USD on m30..
Attached Image (click to enlarge)
Click to Enlarge Name: euflag.JPG Size: 52 KB
  • #1,147
  • Apr 7, 2008 4:52am Apr 7, 2008 4:52am
in 10 minutes we start the 12 4h candle...this most of the time trigers some sort of movemets..

i find a continuation pattern on gbp/usd..but due to the doji reverse candle (hamer) i'm a litlle rezerv to say that it will brake up or down..

enjoy.http://img260.imageshack.us/img260/9...0704200mh7.gif
  • #1,148
  • Apr 7, 2008 5:08am Apr 7, 2008 5:08am
you guys are so clever!!!
please someone help with how to post chart.
how do I save chart to post

thank you joy
  • #1,149
  • Apr 7, 2008 5:29am Apr 7, 2008 5:29am
Quoting joypips
you guys are so clever!!!
please someone help with how to post chart.
how do I save chart to post

thank you joy

right click on the screen if u are using mt4...save as picture..that's it..
  • #1,150
  • Apr 7, 2008 5:30am Apr 7, 2008 5:30am
http://img262.imageshack.us/img262/7...0704200op4.gif


if this break down same movement on gbp/jpy.
  • #1,151
  • Apr 7, 2008 5:37am Apr 7, 2008 5:37am
Quoting eye4spot
right click on the screen if u are using mt4...save as picture..that's it..
thanks eye4spot but i don't have that option, I use dealbook
joy
  • #1,152
  • Apr 7, 2008 6:14am Apr 7, 2008 6:14am
Quoting eye4spot
right click on the screen if u are using mt4...save as picture..that's it..
thanks for tip... I don't realize this command ussualy I just printscreen n edit it silly me..
  • #1,153
  • Edited 8:05am Apr 7, 2008 7:48am | Edited 8:05am
glad i wasn't greedy.

http://img245.imageshack.us/img245/7...0704200ym0.gif
  • #1,154
  • Apr 7, 2008 9:40am Apr 7, 2008 9:40am
Quoting aediaz1
Very possible. G/J , E/J and U/J seems bullish to me.
Yea Aediaz It was an excellent E/J Long trade for me at morning +30 Pips i manage to lock though it move for almost +50 Pips...I was bit busy today and just came...Nzd/Usd & Gbd/Usd Also got an excellent Breakouts to go Long......
  • #1,155
  • Apr 7, 2008 9:48am Apr 7, 2008 9:48am
Quoting LeveragedJoe
hi aediaz,

how do you get the time left to bar's end on your MT4 charts?

thanx
Here you go.
Attached File(s)
File Type: mq4 EJ_CandleTime.mq4   2 KB | 427 downloads
Measure twice, cut once
  • #1,156
  • Apr 7, 2008 9:51am Apr 7, 2008 9:51am
Quoting gunset
Is this another flag?? Eur/USD on m30..
Not flag-formation. You need more bars forming inside 2 horizontal lines.
Measure twice, cut once
  • #1,157
  • Apr 7, 2008 9:52am Apr 7, 2008 9:52am
Quoting Vantage
This may be of interest (apologies if this has been posted and I missed) draws channels, trend lines etc etc per T de Mark rules. Very handy.
It have been posted earlier but thanks anyway for your contribution.
Measure twice, cut once
  • #1,158
  • Apr 7, 2008 9:59am Apr 7, 2008 9:59am
Quoting Umairs2004
Yea Aediaz It was an excellent E/J Long trade for me at morning +30 Pips i manage to lock though it move for almost +50 Pips...I was bit busy today and just came...Nzd/Usd & Gbd/Usd Also got an excellent Breakouts to go Long......
Nice1. I expected more movements today until I realized it was monday lol. Another day tomorrow
Measure twice, cut once
  • #1,159
  • Apr 7, 2008 10:17am Apr 7, 2008 10:17am
Flag on 1h G/J ;
Attached Image (click to enlarge)
Click to Enlarge Name: gj1hflag.gif Size: 12 KB
Measure twice, cut once
  • #1,160
  • Apr 7, 2008 2:32pm Apr 7, 2008 2:32pm
Quote
Here you go.

Many thanx, appreciated that.

Cannot contribute in any useful way to this thread as i'm just a newby, but been following you and the other great traders here
1st step stop loss in the green 2nd step play with the free money
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