Dislikedhttp://www.forexfactory.com/showpost...postcount=5852
USD/CAD trade is looking good.. still waiting bpc on CHF/JPY on H4Ignored
is this correct?
thanks
Trading correlation pairs by using the other pairs 744 replies
28 Pairs Trading Panel (Multi-pairs) 0 replies
Export All pairs or selected pairs to .csv with script 3 replies
Daily Bar Analysis - All Pairs/All Welcome 15 replies
Trend Trading All Currency Pairs 3 replies
Dislikedhttp://www.forexfactory.com/showpost...postcount=5852
USD/CAD trade is looking good.. still waiting bpc on CHF/JPY on H4Ignored
DislikedSo Usd/cad has broken through, pulled back and is now hopefully heading downwards ie we are waiting confirmation
is this correct?
thanksIgnored
DislikedYep, pullback on weekly resistance.. support on H4 is holding right now.. we can add more short on bpc if the support broken.Ignored
Dislikedthank you for your help.
Just to clarify- you are watching the h4 chart but using the weekly as an extra guide /confirmation to give you more confidence when the support on 4h breaks through.
is this correct? what about using eod chart ?
sorry if questions sound stupid - am learning
thanks againIgnored
DislikedYou know if markets were always consistant then it would be and easy decision. I try to stay in as long as I can. I will bank some profits but I will follow it with my stop. And I do that different ways too. I have never added to a position with each retracement I usually start scaling down, but it would be interesting to see how well the concept works.
Again if the markets were consistant then the choice would be easy so I guess some experimenting is in order.
--NMIgnored
DislikedHi Custos,
Consider looking at the close and X% from that price point.
Closed today at 100.0000...Ignored
Dislikedwell, keep in mind, eur/aud is approaching all-time lows of '97 at 1.42-1.44, that was when it was ECNIgnored
DislikedUJ is forming bull flag on H4.. and price is already break weekly trendline.. strong bull i think.Ignored
Dislikedwell, I like to add at retraces back to certain S/R levels. Cause I use touch trades a lot in my trading now. They allow me to implement just a 10 to 20 pip stoploss in general.
I think I will go for the second option for now.
Thanks for your replyIgnored
DislikedHello Yunero and Custos,
Does the trend line drawn from early May and early August last year to last Thursday's high colour your thinking at all?
Thanks,
Kan.
(still learning)Ignored
Dislikedby touch trade - do you mean you enter aggressively ie. once the price retraces back to certain point eg s/r or fib and therefore not wait for confirmation?
thanksIgnored
Dislikedsorry Custos,
The trend line I mentioned is on the Daily chart and just above the upper limit of the flag that yunero mentioned. I wondered if you had spotted it as it may affect a breakout from the flag.
KanIgnored
Disliked[b]REal time tracking for indices and futures can be had for free with thinkorswim's paper trading platform. great charts and reliable data feeds for free and real time, you can get most indices traded in US (that means you can't get DAX FTSE), but you can get nikkei, gold silver etc etc.... great for those whose broker only handles forex pairs.....Ignored