DislikedHi NM,
I wont dare to short this pair.. the price is already break my H4 trendline..
Good luck!Ignored
--NM
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DislikedHi NM,
I wont dare to short this pair.. the price is already break my H4 trendline..
Good luck!Ignored
DislikedI drew the trendline from the point where the trend started not at the initial drop, because that drop was so steep, so I drew it across the first second and third largest pullbacks...but we will see, I use the fibs from the top but I usually draw my trend lines from the point where it gets organized...but then again its an arbitrary thing anyway every one draws them just a little different...
--NMIgnored
DislikedYeah, drawing trendline is very subjective sometimes and people looking at different perspective..Ignored
DislikedYeh thats why you will see inside trend lines outside trendlines and everything in between, as long as you have good S/R levels near the trend line then you just wait and see what price does there, we have a few good things in place right there, we just need the PA to do the right thing now.--NMIgnored
DislikedYeah, drawing trendline is very subjective sometimes and people looking at different perspective..Ignored
DislikedDrawing a Trendline is like poll taking ... the more number of touches the better it is ....BTW ....I dont have GBP/CAD on Alpari U.S....i subscribed to MIG demo but received no confirmation emal ....i guess i would have to do it again.....
NM, i read earlier that you use trading station platform , which broker offers it?
Yunero, which broker you are using?Ignored
DislikedThis pair is in sideways consolidation ....i think getting ready for a LOB..anyone else stalking it?Ignored
DislikedI think your right, I have a JPY trade still open so I cant take that trade, or the GBPCAD for that matter because I have trade open in CAD too...
--NMIgnored
DislikedThis pair is in sideways consolidation ....i think getting ready for a LOB..anyone else stalking it?Ignored
DislikedDrawing a Trendline is like poll taking ... the more number of touches the better it is ....BTW ....I dont have GBP/CAD on Alpari U.S....i subscribed to MIG demo but received no confirmation emal ....i guess i would have to do it again.....
NM, i read earlier that you use trading station platform , which broker offers it?
Yunero, which broker you are using?Ignored
DislikedHeres a good example, I drew this trend line the same way this is the EU 4 hour chart.
--NMIgnored
DislikedYes, i see your point.. I drew my EU the same way you do..
http://www.forexfactory.com/showpost...postcount=4412
http://www.forexfactory.com/showpost...postcount=4456Ignored
DislikedBy far, the best pairs are the GBP-crosses such as GBPUSD, GBPJPY, GBPAUD, GBPCAD, GBPNZD, and GBPCHF (all of them with over 120 pips/day on average). In second place come the EUR-crosses, especially EURJPY, EURNZD, EURCAD and EURAUD (all of them with over 100 pips/day on average). I personally avoid EURUSD, EURCHF and EURGBP because they just don't have the punch. Finally, USDCHF may also be suitable for the L.O.B. strategy.
[font=Arial][size=2][font=Verdana]Anyway...Ignored
DislikedMy main acc is @ Oanda.. but I'm also have small acc on Instafx since they have a server on singapore, i can get fast execution. Make my analysis on Instafx MT4.. i'm still searching for a better broker which have MT4 platform & small spread.. i hate to trading on different broker/platform .. any suggestion?Ignored
DislikedThanks NM, i'll watch these pairs closely. i would take a nap andhopefully see you guys in London session.Ignored
DislikedHave you thought about MIG or FXCM ...does it suit ur needs in singaporeIgnored
DislikedLooked like ducks were in a line. Into the GBP/CAD trade short at 1.6269.Ignored