Backing Trades Thru Charts | Page 36 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How to determine thru code which chart window has focus 0 replies

Charts, Charts, Charts! 1 reply

Link Charts & Floating Charts 4 replies

Forex Daily Charts Scanning “price action in and between charts” 2 replies

Which charts to believe?? the best charts' source ? 19 replies

Attachments: Backing Trades Thru Charts
Exit Attachments

Backing Trades Thru Charts

  • #701
  • May 19, 2010 4:33am May 19, 2010 4:33am
This one has room to go up

Quoting TheLastCoke
Inner or outer?

Attachment
In Charts We Trust!
  • #702
  • May 19, 2010 5:14am May 19, 2010 5:14am
Got in this one late...325 pip + potential...

...if it retest inner channel, will re-enter and short at upper outer channel...
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad 4h.gif Size: 24 KB
In Charts We Trust!
  • #703
  • May 19, 2010 5:17am May 19, 2010 5:17am
Missed the bottom, missed the breakout, but jumped in, still has lots of potential to the upward channel...profits are locked so no worries...
Attached Image (click to enlarge)
Click to Enlarge Name: euraud 4hr naked.gif Size: 16 KB
In Charts We Trust!
  • #704
  • Edited 5:58am May 19, 2010 5:46am | Edited 5:58am
Here are 2 recent ones. AUDUSD hit it's target at the lower channel and I've reversed to long. If it pans out it'll give my EURAUD pending order a chance to get hit as well as possibly allowing the EURUSD to go down a bit further and hit my new target there. For now we have an AUDUSD long and an EURCAD long.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD.jpg Size: 129 KB
Click to Enlarge Name: EURCAD.jpg Size: 142 KB
Every time you use 'hopium' in a post, God kills a kitten.
  • #705
  • May 19, 2010 6:08am May 19, 2010 6:08am
Quoting profxtrader
The USDJPY formed a small Gartely which coincided with a bounce from the upper trendline from it's descending channel. I've added to my shorts at this level. Hopefully I'll see 91.80 broken this trip down. One more bounce or rejection from this level and I'm out. Call me impatient, but there's only so much time I can stay in a trade without it taking off. Otherwise I'm going to pull my hair out and this one is testing my patience.
91.80 taken out. I'm letting this one ride.

http://cdn.forexfactory.com/attachme...1&d=1274175680
Every time you use 'hopium' in a post, God kills a kitten.
  • #706
  • May 19, 2010 8:02am May 19, 2010 8:02am
Quoting TheLastCoke
This is a gigantic RRR trade. Crab + Channel. It is a perfect Crab where B, C, and D met the parameters.

Attachment

Keep in mind that this is a Daily signal.
OK, I just exited this one. SNB intervention got me about 130 pips. I"m not too keen on these types of interventions so I'm going to take my $ and run.
Every time you use 'hopium' in a post, God kills a kitten.
  • #707
  • May 19, 2010 8:11am May 19, 2010 8:11am
Quoting TheLastCoke
This is a gigantic RRR trade. Crab + Channel. It is a perfect Crab where B, C, and D met the parameters.

Attachment

Keep in mind that this is a Daily signal.
The crab woke up - +200 pips in a few minutes
  • #708
  • May 19, 2010 8:21am May 19, 2010 8:21am
Quoting X.Oden
This one has room to go up
What a break!!! Keep in mind that the invertes H&S met its technical target. I'll post a chart to explain.
  • #709
  • May 19, 2010 8:23am May 19, 2010 8:23am
This chart and trade have absolutely no relevance . I took my profits on the crab and placed a revenge trade against the pair because I was mad @ the SNB for intervening. I'm sure that my $200K position has them worried

EDIT I closed it. "REALLY?", I asked myself. That was just plain newbie of me.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF.jpg Size: 101 KB
Every time you use 'hopium' in a post, God kills a kitten.
  • #710
  • May 19, 2010 8:27am May 19, 2010 8:27am
Quoting profxtrader
OK, I just exited this one. SNB intervention got me about 130 pips. I"m not too keen on these types of interventions so I'm going to take my $ and run.
Quoting Hell7
The crab woke up - +200 pips in a few minutes
That's what I was talking about....even if you take profits now the risk was minimum. In my case the SL was only 20 pips....
  • #711
  • May 19, 2010 8:38am May 19, 2010 8:38am
Quoting X.Oden
This one has room to go up
Technical target met.

Attached Image (click to enlarge)
Click to Enlarge Name: tmet.gif Size: 18 KB
  • #712
  • May 19, 2010 8:42am May 19, 2010 8:42am
1. Break #620

2. Retest #687

3. Target

Attached Image (click to enlarge)
Click to Enlarge Name: final.gif Size: 19 KB
  • #713
  • May 19, 2010 8:45am May 19, 2010 8:45am
Quoting TheLastCoke
One more test.

Attachment
Another clean trade with a huge RRR. 200 pips bounce so far since TL touch.

Attached Image (click to enlarge)
Click to Enlarge Name: 200.gif Size: 12 KB
  • #714
  • May 19, 2010 9:09am May 19, 2010 9:09am
Quoting TheLastCoke
Another clean trade with a huge RRR. 200 pips bounce so far since TL touch.

Attachment
I have 2 channels drawn. I'm targeting the smaller one, but will trade a break of the larger one if the opportunity presents itself... so... here you go:

Target approaching!
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD.jpg Size: 117 KB
Every time you use 'hopium' in a post, God kills a kitten.
  • #715
  • May 19, 2010 9:17am May 19, 2010 9:17am
TheLastCoke

God save you for the PIPs


Cheers,
Depict history, predict future, and the area in between ...
  • #716
  • Edited 9:36am May 19, 2010 9:23am | Edited 9:36am
Target hit on EURCAD and I've reversed, targeting the LTL.

EDIT Looks like it's heading to the UTL.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD.jpg Size: 109 KB
Every time you use 'hopium' in a post, God kills a kitten.
  • #717
  • May 19, 2010 12:03pm May 19, 2010 12:03pm
Aud/USD and NZD/USD are right at weekly support and just formed reverse candles on the 1 hours. Sorry no chart right now.

I am in clinic =)

-C-
Dr. C
  • #718
  • May 19, 2010 12:08pm May 19, 2010 12:08pm
I would buy this if FXCM wasn't down altogether (I see pricing but no one can get in or out of an order presently). Anyway, like I said earlier, if it broke out of the smaller channel I'd treat it like any channel breakout. Wait for confirmation, but the buy point is there.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD.jpg Size: 111 KB
Every time you use 'hopium' in a post, God kills a kitten.
  • #719
  • May 19, 2010 12:16pm May 19, 2010 12:16pm
profxtrader

Very good one ... BRAVO

Quoting profxtrader
I would buy this if FXCM wasn't down altogether (I see pricing but no one can get in or out of an order presently). Anyway, like I said earlier, if it broke out of the smaller channel I'd treat it like any channel breakout. Wait for confirmation, but the buy point is there.
Depict history, predict future, and the area in between ...
  • #720
  • May 19, 2010 12:26pm May 19, 2010 12:26pm
Gents,

I need advice here please ... What do you think is next


Cheers,
Attached Image (click to enlarge)
Click to Enlarge Name: EJ-H1.jpg Size: 120 KB
Depict history, predict future, and the area in between ...
3 traders viewing now