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Trend Trading Chart Thread

  • #601
  • Jan 13, 2010 4:05am Jan 13, 2010 4:05am
Quoting carrot_yuli
Dan or anyone, do you consider this trade? It has TL and 50%Fibo confluence.
carrot_yuli i am still learning so no expert but i am in this trade from 10380 but i will be looking to exit @ 10330 due to support area.
I am also in GBP/JPY off rising trend line and support @ 14700 round number (any thoughts?)
  • #602
  • Jan 13, 2010 4:56am Jan 13, 2010 4:56am
Quoting bez3000
carrot_yuli i am still learning so no expert but i am in this trade from 10380 but i will be looking to exit @ 10330 due to support area.
I am also in GBP/JPY off rising trend line and support @ 14700 round number (any thoughts?)

it will be nice if you could show us your charts.
  • #603
  • Jan 13, 2010 5:48am Jan 13, 2010 5:48am
Quoting herzog21
it will be nice if you could show us your charts.
No Problem.
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  • #604
  • Jan 13, 2010 6:22am Jan 13, 2010 6:22am
Quoting bez3000
I am also in GBP/JPY off rising trend line and support @ 14700 round number (any thoughts?)
Can you show your chart with your trendline?
  • #605
  • Jan 13, 2010 7:28am Jan 13, 2010 7:28am
Quoting carrot_yuli
Dan or anyone, do you consider this trade? It has TL and 50%Fibo confluence.
Hi Carrot,

Yes I did in fact take the trade. After a bearish reaction at 1.0400 I entered short at 1.0375.

Regards,

Dan
  • #606
  • Jan 13, 2010 8:52am Jan 13, 2010 8:52am
Quoting bez3000
carrot_yuli i am still learning so no expert but i am in this trade from 10380 but i will be looking to exit @ 10330 due to support area.
I am also in GBP/JPY off rising trend line and support @ 14700 round number (any thoughts?)
Nice one bez looked at that one myself last night support was good at 14700. 14750 would have been my entry
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  • #607
  • Jan 13, 2010 4:26pm Jan 13, 2010 4:26pm
hi everyone, have my eyes on gchf possible short if it breaks below 1.6550
but 1.65 is of some concern, i may pass on this one. hmm
anyone else looking at this one? thoughts? thanks
Attached Image (click to enlarge)
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  • #608
  • Jan 13, 2010 4:40pm Jan 13, 2010 4:40pm
http://www.forexfactory.com/attachme...1&d=1263422340
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  • #609
  • Jan 13, 2010 11:43pm Jan 13, 2010 11:43pm
Back to chart school

Quoting Big1red9
Hi Carrot,

I have market experience, but am new to this method. I am a systems numbers guy more than a chartist.

I have attached a couple of pictures as I see UC. On the 4 hr, I tossed in a MA to show how the trend shifted from one price channel to another more clearly shown by using regression channels. More recently it broke out of the current channel.

As my eyes sees the charts I put together, The close is a bit shy of the 50 fib and so I would guess a pullback from this point is required. Which changes the setup. Thinking price needs 1.040500,...
  • #610
  • Jan 14, 2010 12:00am Jan 14, 2010 12:00am
Supermatt,

Trying to learn...

Given that the other CJ chart I had up, should have had outside trendpoints... looking at GC, I saw it a bit different.

Sharing to learn. Any comments welcomed!,
BR

Quoting supermatt
hi everyone, have my eyes on gchf possible short if it breaks below 1.6550
but 1.65 is of some concern, i may pass on this one. hmm
anyone else looking at this one? thoughts? thanks
Attached Image (click to enlarge)
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  • #611
  • Jan 14, 2010 2:50am Jan 14, 2010 2:50am
Quoting carrot_yuli
Can you show your chart with your trendline?
No Problems.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.JPG Size: 92 KB
  • #612
  • Jan 14, 2010 3:09am Jan 14, 2010 3:09am
good trade. i totally missed it.

i am in on uj at 91.5 and feeling rather smug

Quoting bez3000
No Problems.
  • #613
  • Jan 14, 2010 4:29am Jan 14, 2010 4:29am
Quoting coolshades
good trade. i totally missed it.

i am in on uj at 91.5 and feeling rather smug
Long or short?
  • #614
  • Jan 14, 2010 4:30am Jan 14, 2010 4:30am
Quoting coolshades

i am in on uj at 91.5 and feeling rather smug
why you took the trade? is it because price approaching 50%fibo and there is support there?
  • #615
  • Jan 14, 2010 11:41am Jan 14, 2010 11:41am
my 50% fib was 91.29 and price closed above it. moved to be at 92, since then have stopped out.


Quoting carrot_yuli
why you took the trade? is it because price approaching 50%fibo and there is support there?
  • #616
  • Jan 14, 2010 11:46am Jan 14, 2010 11:46am
was long. got stopped out at be. moved to be when price moved to 92.

hmmm, come to think of it, even a short might work currently.



Quoting DanUK
Long or short?
  • #617
  • Jan 14, 2010 12:26pm Jan 14, 2010 12:26pm
Quoting coolshades
was long. got stopped out at be. moved to be when price moved to 92.

hmmm, come to think of it, even a short might work currently.
Now that's more like it!!

I am currently short from 91.50 as per the attached...
Attached Image (click to enlarge)
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  • #618
  • Jan 14, 2010 12:31pm Jan 14, 2010 12:31pm
better late than never. i have two shorts. one at 91.31 and one at 91

god knows when the 91.31 kicked in, it must have been in my pending order.

the good lord does look after us memory challenged.

Quoting DanUK
Now that's more like it!!

I am currently short from 91.50 as per the attached...
  • #619
  • Jan 14, 2010 12:36pm Jan 14, 2010 12:36pm
did you enter a usdchf short at 1.03? and eurcad ? am tempted to enter eurcad at abt 1.485..


Quoting DanUK
Now that's more like it!!

I am currently short from 91.50 as per the attached...
  • #620
  • Jan 14, 2010 12:42pm Jan 14, 2010 12:42pm
Quoting coolshades
did you enter a usdchf short at 1.03? and eurcad ? am tempted to enter eurcad at abt 1.485..
I'm still in my usdchf short from 1.0350: http://www.forexfactory.com/showpost...&postcount=569 & http://www.forexfactory.com/showpost...&postcount=570

Will take a look at e/c now.

Regards,

Dan
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