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Backing Trades Thru Charts

  • #921
  • Jun 4, 2010 12:30pm Jun 4, 2010 12:30pm
Quoting Hell7
Lower band reached -> long towards the median line (2000 pips higher).

Note: I am giving this trade a lot of room (SL >150 pips), but a RR > 10 is simply too good to pass up
This zoomed in copy of the same chart shows that .. I should have zoomed in before taking the entry

Bounced to the pip so far .. 65 pips below my entry
Attached Image (click to enlarge)
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  • #922
  • Jun 4, 2010 7:12pm Jun 4, 2010 7:12pm
Quoting perstoman
I do have similar trendlines on my chart,
But I am getting this weird feeling about G/U that it wants to touch 1.48level before the end of this week(today).
Unless I see a clear break of the ltl, I am going to buy dips, aiming for 1.48

Happy Trading to you!
Haha I was out of my trading desk for 20hrs and exactly the opposite happened
Thank god that I had moved SL to BE and left lol

Hope everyone had a great day and see you all next week!
  • #923
  • Jun 4, 2010 8:55pm Jun 4, 2010 8:55pm
Hi last coke and the rest,

just come across your thread and i find it so interesting just wanna say i love your work, and to all your follower and posters, you all rock

i will be following this thread too, so bring it on.

regards,
dongsky
Success consists of going from failure to failure without loss of enthusiam
  • #924
  • Jun 5, 2010 2:08pm Jun 5, 2010 2:08pm
The technical target from the descending triangle takes us to tha same level of this monthly TL. (around 1.1650)

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Attached Image (click to enlarge)
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  • #925
  • Jun 5, 2010 4:48pm Jun 5, 2010 4:48pm
USD/CAD Bear Spot = 61.8% Fib + Parallel Channel

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  • #926
  • Jun 5, 2010 6:34pm Jun 5, 2010 6:34pm
What a beautiful raising wedge

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  • #927
  • Jun 5, 2010 7:39pm Jun 5, 2010 7:39pm
EUR/CHF worked just fine the last time for a crab #632 (+500 pips target) . This time there is a butterfly + a daily TL. Points B C and D met the parameters.

Attached Image (click to enlarge)
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  • #928
  • Jun 5, 2010 9:55pm Jun 5, 2010 9:55pm
Quoting profxtrader
K, I'm going to go catch up on some sleep now, but here is my latest trade. EURGBP short. The first chart is the daily channel break. The second is an hourly chart showing what appears to be a successful retest.

Daily:
Attachment

Hourly:
Attachment
Even though the red channel broke, there is a bigger channel that might come into play + the Nov/Dic 2008 lows at the same level.

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  • #929
  • Edited 12:00pm Jun 6, 2010 10:42am | Edited 12:00pm
USD/JPY Bull Spot.

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  • #930
  • Edited 3:30pm Jun 6, 2010 3:13pm | Edited 3:30pm
EUR/JPY, Risky but still a very good RRR.

Attached Image (click to enlarge)
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This Channel is holding the box.

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  • #931
  • Jun 6, 2010 4:05pm Jun 6, 2010 4:05pm
Quoting TheLastCoke
EUR/JPY, Risky but still a very good RRR.

Attachment

This Channel is holding the box.

Attachment
Looks like we might gap below the channel bottom there.
Every time you use 'hopium' in a post, God kills a kitten.
  • #932
  • Jun 6, 2010 4:10pm Jun 6, 2010 4:10pm
Quoting profxtrader
Looks like we might gap below the channel bottom there.
Got my SL just below the Box.
  • #933
  • Jun 6, 2010 4:45pm Jun 6, 2010 4:45pm
Hi the lastcoke.

Can you do 1 for crude oil?

Just wondering if i see the same


Thanks
  • #934
  • Jun 6, 2010 6:14pm Jun 6, 2010 6:14pm
Quoting ingmarforex
Hi the lastcoke.

Can you do 1 for crude oil?

Just wondering if i see the same

Thanks
We are in an ascending equidistant channel where it borke a major TL. LTL seems like a possible target now.

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  • #935
  • Jun 6, 2010 6:27pm Jun 6, 2010 6:27pm
EUR/CAD

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  • #936
  • Jun 6, 2010 6:32pm Jun 6, 2010 6:32pm
Well it didn't go as high as I wanted to short, but there was a great opportunity to short this pair on Friday.
This is what I am looking at the moment, and I would love to see a strong rebound from the touch of the lower trendline.
Even though Asian indexes are expected to fall hard today, I am trading what I am seeing on the chart.
Attached Image (click to enlarge)
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  • #937
  • Jun 6, 2010 6:35pm Jun 6, 2010 6:35pm
Quoting perstoman
Well it didn't go as high as I wanted to short, but there was a great opportunity to short this pair on Friday.
This is what I am looking at the moment, and I would love to see a strong rebound from the touch of the lower trendline.
Even though Asian indexes are expected to fall hard today, I am trading what I am seeing on the chart.
There with you #929
  • #938
  • Jun 6, 2010 6:57pm Jun 6, 2010 6:57pm
Hi Thelastcoke,

Thanks for looking i think there might be something wrong with your feed for oil.

Tottaly different prices You have O.D.L heard they bring not good prices for oil.



http://i50.tinypic.com/2z4jot4.png
  • #939
  • Jun 6, 2010 7:22pm Jun 6, 2010 7:22pm
Quoting TheLastCoke
USD/JPY Bull Spot.

Attachment
Stopped Out.
  • #940
  • Jun 6, 2010 7:22pm Jun 6, 2010 7:22pm
Quoting TheLastCoke
Stopped Out.
same here. on to the next
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