I see the pattern forming for H1, is the GBPCHF consolidating before breaking up 1.6 level? Not sure the TP level, any advice 
http://i43.tinypic.com/axbhc6.jpg
http://i43.tinypic.com/axbhc6.jpg
- #2,182
- Mar 11, 2009 3:10am Mar 11, 2009 3:10am
I see the pattern forming for H1, is the GBPCHF consolidating before breaking up 1.6 level? Not sure the TP level, any advice
There is a resistance at 1.6040. TP can try for 1.6060
May the pips be with me !!!
- #2,186
- Mar 11, 2009 8:51am Mar 11, 2009 8:51am
- | Commercial User | Joined Mar 2008 | 9,073 Posts
Long EU @ 1131hrs GMT from the pull back. Entry price at 1.2732, SL @ 1.2690 & TP at 1.2800.
TP was hit ar 1237hrs GMT
It get stalled a nice near 1.28xx ...
Importance of round number...
I am not trading today!!!
Sonic
- #2,187
- Mar 11, 2009 9:00am Mar 11, 2009 9:00am
A nice 68 pip for u there....
It get stalled a nice near 1.28xx ...
Importance of round number...
I am not trading today!!!
Sonic
May the pips be with me !!!
- #2,188
- Mar 11, 2009 10:47am Mar 11, 2009 10:47am
ahlude ( and the others), thks for sharing your trade..please continue to share more k so we ( especially me ) can continue learning this system n minimilize my losses..
dont trade today since i cant monitor it and dont get any clear signal on asian market. ( or maybe im too blind or something
)
btw Sonic,dont see you hanging around much now..bz at ur day job bro? wish all the luck for you man.
Max
dont trade today since i cant monitor it and dont get any clear signal on asian market. ( or maybe im too blind or something
)btw Sonic,dont see you hanging around much now..bz at ur day job bro? wish all the luck for you man.
Max
- #2,189
- Edited 12:11pm Mar 11, 2009 11:08am | Edited 12:11pm
ahlude ( and the others), thks for sharing your trade..please continue to share more k so we ( especially me ) can continue learning this system n minimilize my losses..
dont trade today since i cant monitor it and dont get any clear signal on asian market. ( or maybe im too blind or something
btw Sonic,dont see you hanging around much now..bz at ur day job bro? wish all the luck for you man.
Max
Thank you for not trading while you cant monitor it. This is a very good discipline. Keep it up. I'll post my trade as often as i can. You can also refer to my blog. I do update there too.
May the pips be with me !!!
- #2,190
- Mar 11, 2009 1:51pm Mar 11, 2009 1:51pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #2,192
- Mar 11, 2009 9:17pm Mar 11, 2009 9:17pm
EJ H4 chart maintaining the look of a possible H & S formation. Sonic cautions that it looks like PA does not want to go down. So, I guess we wait and see which way it breaks from the trend mid-line..
Hi,
Correct me if i am wrong, the H&S doesn't look valid as the left S is higher than the head.
May the pips be with me !!!
- #2,193
- Edited 10:43pm Mar 11, 2009 9:35pm | Edited 10:43pm
Hi Guys,
My view on UJ.
On the daily chart, she had broken out of my trendline yesterday after it failed to break thru 76% fibo (blue) on the major swing. Price might retrace back to 38% fibo (red) from the last swing. My first TP will be at 96.00 if i am to short it. Comments are welcome
My view on UJ.
On the daily chart, she had broken out of my trendline yesterday after it failed to break thru 76% fibo (blue) on the major swing. Price might retrace back to 38% fibo (red) from the last swing. My first TP will be at 96.00 if i am to short it. Comments are welcome
May the pips be with me !!!
- #2,194
- Edited 11:08pm Mar 11, 2009 10:36pm | Edited 11:08pm
Hi Guys,
My view on UJ.
On the daily chart, she had broken out of my trendline yesterday after it failed to break thru 76% fibo (blue) on the major swing. Price might retrace back to 38% fibo (red) from the last swing. My first TP will be at 95.90 if i am to short it. Comments are welcome
Updated: 0346hrs GMT, 50% closed at 96.03 & shifted SL to +30pips.
May the pips be with me !!!
