Price Action (Candlestick,Fibonacci,pitchfork,S/R,Trading Range,sto)

well i took my 30 ticks and run now im flat waiting to get a trade but i see where the GBP heading now. boy money !

Here is the gbp and the eur pair. Look at these 2 charts and please lets me know what you think the 2 pairs gonna do.

I am trying when I start the day to draw my own 1Hr and 4Hr charts for eurusd and gbpusd ( and EJ / AU ), then compare them to yours in order to learn how to " see " the right starting points for drawing etc.

As far as I can judge this strange Dubai thing caught many unprepared, so I can only see that at extreme low levels the support is holding from previous weeks.

I think normal trading will more likely resume on Monday. I will be careful today.

thanks and always great if you find time to post !

Att one of my more complicated " harmonic " versions of AU, I try to simplify and reduce to its core with Median Lines now.....

Ok, everybody had a happy thanksgiving ? Im just got back from Toronto. I did look in the GBP and i see something Im seeing the same thing will happen here (ABC corrective, plus my fork catched all the price movement nicely, so im epecting tomorrow im will make a lot of pips if it move like what i want. Good luck with ur new trading week. Here is ABC correction link hope you enjoy reading. http://www.forexfactory.com/showthread.php?t=208440

Just looking in to your charts, very interesting. All the best from me too.

Im glad you enjoy using the tool. Really nice and neat chart. Keep it posting so i can learn some more. Thnx

Nothing happier when every morning you wake up and see this. Happy Trading. Now i have to go back to school.

I still struggle with the patience required to wait for PA to drop, I guess I shouldn`t switch to lower timeframes so often ...

BTW : you are not learning from me, it´s the other way round.

Webinar with T. Morge was very good, a great motivation.

Cheers,

Well, you have to be patience to make money in this market. Do you know how to read the market structure (bar chart structure).Also everymorning i look at the 4 hr chart to see what kind of trend or any structure i can see in the chart, then i start drawing in 1 hr. Trade is based on 1 hr chart. Hope that help.ah u did go to webinar. Very good my friend. You will learn a lot by listen to him, and watch him do the chart. Keep up the good work.

Sorry guys, i didnt post any chart today because i have to do some work to get my future trading account going. But anyone who follow my ABC CORRECTION trading method could make a lot of money last 2 day. I hope you did make pips. Im really happy now. i think im need to go class. i will post so chart when i got back to my trading station. Good luck to all.

Ok guys, im home from school and my trade is in positive pip(short 1.6635), so here is my chart. all my point of view about this pair is in there. i can be wrong so please use your own analysis to pull the trigger. Thank you see you all soon. i will keep you update in this pair.

can it be ? ????

Im out of the trade with 27 ticks profit. but im still have an order short at 1.6633 because im felling it couldnt break a support level there it could come back up and retest my 25% line.

Stop sell order at 1.6586 stop 20 ticks

Thank you nat, I went in to a sell position very early this morning too, before reading your post. What caught me as a surprise was what you call the retest of the 25%. But this happens sometimes, Inzider knows this from his gartley patterns :-)

Thanks and good luck, keep on posting, very helpful !

ok so it was a nice chart then what can we do with it? im trading it and im positive. here is the mt4( just bought new laptop so i can trade when im in class so i dint have anything in MT4 yet)and ensign chart.

If I am correct you sold at the ultimate retest of the new high.....great to see this confirmed at the end of my day - and that it worked out for you :-)

Yes i did sell at the retest of the high second bar after the reject candle,well im out of the trade now with 38 ticks again. well im happy with today anyway but im intended to lets it go but i dont like what i see so im out and wait for a reenter point. Happy trading my friend.

Ok guys, here is all the charts of tonite i will focus on. Happy trading

Hi, everybody have a good weekend i hope. So here i am try to trading the EUROPIAN section again. i just saw a set up and did enter a trade at 1.6444 stop loss 15 ticks.