Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

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

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.
  •  007
  • | Joined Jun 2007 | Status: "Undisciplined Trader" | 49 Posts
Quoting aediaz1
Been away all day so missed some nice moves, hence the late reply.

I like 4h chart for making HH, HL etc and 1h as the lowest. I see it as "my" type of MA. It's only to remind me of currently trend, nothing more.
September 11, 2001
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 28 KB
That's May '02.
Quoting aediaz1
Been away all day so missed some nice moves, hence the late reply.

I like 4h chart for making HH, HL etc and 1h as the lowest. I see it as "my" type of MA. It's only to remind me of currently trend, nothing more.
My Question

Adiaz1. what maening type of MA------>MA?
2.so if you trade in H1 do you anticipation for buy after make R & S coz the price make HH,HL or you still open sell if price break support ?

Thanks Aediaz
Quoting juang
My Question

Adiaz1. what maening type of MA------>MA?
2.so if you trade in H1 do you anticipation for buy after make R & S coz the price make HH,HL or you still open sell if price break support ?

Thanks Aediaz
MA = Moving average.

2. It really depend on what setup I see. Normally, I always plan for either way, so it's not an too big issue. But playing along with the trend is normally a winner And consulting with higher timeframes is helpful too.
Measure twice, cut once
Hi, Aussie is making HH on daily but Head and shoulders on 4 hour if there is a break of .9290 may be a good trade? on the up side 30 min break of triangle formation what do you guys think.
Attached Image (click to enlarge)
Click to Enlarge Name: aud 30 apr.gif Size: 14 KB
Quoting aediaz1
MA = Moving average.

2. It really depend on what setup I see. Normally, I always plan for either way, so it's not an too big issue. But playing along with the trend is normally a winner And consulting with higher timeframes is helpful too.
Thanks Aediaz1 ,please give me your chart with 2 TF,maybe H4 and H1,coz i want study tf h1 but consulting TF h4 too, so i am trade with the current trend,thanks again for your answer
Quoting Paj
Hi, Aussie is making HH on daily but Head and shoulders on 4 hour if there is a break of .9290 may be a good trade? on the up side 30 min break of triangle formation what do you guys think.
I see the probability for more upside based on those 2 charts;
Attached Images (click to enlarge)
Click to Enlarge Name: ad1h.gif Size: 18 KB Click to Enlarge Name: ad4h.gif Size: 16 KB
Measure twice, cut once
Quoting juang
Thanks Aediaz1 ,please give me your chart with 2 TF,maybe H4 and H1,coz i want study tf h1 but consulting TF h4 too, so i am trade with the current trend,thanks again for your answer
Example of how correlation can be used between different TF;

30m and 1h usually hold hands. Looking at 4h chart we clearly see that price have been channeling since 24.04. Being intra-day trader, we consider that price have made LH and LL since the same date.

So my question to you is what side of this pair do you want to be if you're trading intra-day ? If the option for the opposite happens where would you consider taking a trade on it ? Where would your first target/entries/stop losses be, both ways ?

This exercise makes you focus more on WHAT to do when price comes to your target rather than trying to predict where price is going, which is damn hard, IMO. If you also see that the probability for price to go down instead of up, you might allow yourself to favor downside without excluding upside.

Don't take this for being the answer or anything but only a way to look for potential trades.
Attached Images (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 13 KB Click to Enlarge Name: eu2.gif Size: 16 KB
Measure twice, cut once
and 4h
Attached Image (click to enlarge)
Click to Enlarge Name: eu3.gif Size: 17 KB
Measure twice, cut once
Quoting aediaz1
and 4h
Many thanks for your answer aediaz ,great
Quoting juang
Many thanks for your answer aediaz ,great
No problem.

Here is G/J. Same pattern on 30m
Attached Image (click to enlarge)
Click to Enlarge Name: gj2.gif Size: 12 KB
Measure twice, cut once
Quoting aediaz1
No problem.

Here is G/J. Same pattern on 30m


This my chart gbp/jpy TF30 ,valid resistance(3x touch then breakout),thanks Aediaz1
Attached Image
Hai there..

i'm newbie in forex,i think this thread benefit me so much,i dont know how to contribute because of english language problem ( i just can read ), but i think this thread a little cold so we hope u guys keep on discussing,there are a lot of people like me.

i would like to thank you very much to all of you guys,especially aediaz who help us a lot.
Quoting vitagene
Hai there..

i'm newbie in forex,i think this thread benefit me so much,i dont know how to contribute because of english language problem ( i just can read ), but i think this thread a little cold so we hope u guys keep on discussing,there are a lot of people like me.

i would like to thank you very much to all of you guys,especially aediaz who help us a lot.
Keep learn Together


Just want to show Trendline H4( 3 touch S&R) covert to M30 .nice break out on Eur/Jpy
please share your comment master Aediaz1
Attached Images
Quoting vitagene
Hai there..

i'm newbie in forex,i think this thread benefit me so much,i dont know how to contribute because of english language problem ( i just can read ), but i think this thread a little cold so we hope u guys keep on discussing,there are a lot of people like me.

i would like to thank you very much to all of you guys,especially aediaz who help us a lot.
Glad to hear you have been able to benefit from this thread.

I'm sorry for not being able to contribute with charts lately.

Here is one potential trade I'm looking at right now. If we head above 205.65 area I see the probability for price to hit 206.50 area. If we head below 204.80 I see 204 area as a fair target. Those targets is based on the currently flag(pole) on 30m chart. 206.50 also confluence with TL on 4h chart and 204 is red TL on 4h chart.
Attached Images (click to enlarge)
Click to Enlarge Name: gj1.gif Size: 12 KB Click to Enlarge Name: gj2.gif Size: 16 KB
Measure twice, cut once
Quoting juang
Keep learn Together


Just want to show Trendline H4( 3 touch S&R) covert to M30 .nice break out on Eur/Jpy
please share your comment master Aediaz1
Lol. There is some "masters" here at FF but I'm faaar away from considering myself near that "title" and this should not be an disappointment

Anyway, here is what I see on E/J. Strong yen seems to be moving both G/J and E/J right now. Almost same setup as G/J.

I don't see how your lower TL fits in on 30m, but I guess it's from 4h ?

Edit: Posted wrong flag-target.
Attached Image (click to enlarge)
Click to Enlarge Name: ej1.gif Size: 18 KB
Measure twice, cut once
Added silver template if someone would be interested at the start of this thread.
Measure twice, cut once
Price bounced of 205.65 on G/J forming a double top on 1h if price don't head above it within 1h close in 30 minutes.
Measure twice, cut once
Quoting aediaz1
Lol. There is some "masters" here at FF but I'm faaar away from considering myself near that "title" and this should not be an disappointment

Anyway, here is what I see on E/J. Strong yen seems to be moving both G/J and E/J right now. Almost same setup as G/J.

I don't see how your lower TL fits in on 30m, but I guess it's from 4h ?

Edit: Posted wrong flag-target.
Yup.my TL from h4,i just want to share with another about the power of TL
E/J target soon hit. G/J still in progress. Someone riding along ?
Measure twice, cut once
0 traders viewing now