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Backing Trades Thru Charts

  • #1,141
  • Jun 16, 2010 7:48pm Jun 16, 2010 7:48pm
Quoting perstoman
Where is your SL at?
Mine is just little below 1.235 area

GLuck on this trade!
Previous lows at .2310
  • #1,142
  • Jun 16, 2010 8:34pm Jun 16, 2010 8:34pm
40 Free Pips

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  • #1,143
  • Jun 16, 2010 8:43pm Jun 16, 2010 8:43pm
Quoting TheLastCoke
40 Free Pips

Attachment
Guilty as charged. I sat and watched it slip away.. was just too bull minded to consider the opportunity
  • #1,144
  • Jun 17, 2010 4:09am Jun 17, 2010 4:09am
My question here is : when did you trigger the trade ? Right at the break ? On the upper triangle line ? Counting ABCDE ? This is beautiful.

Quoting TheLastCoke
40 Free Pips

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Hello.
  • #1,145
  • Jun 17, 2010 4:52am Jun 17, 2010 4:52am
A few more:

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Every time you use 'hopium' in a post, God kills a kitten.
  • #1,146
  • Jun 17, 2010 5:57am Jun 17, 2010 5:57am
Quoting TheLastCoke
Got this beautiful confluence. (Long Term). I'm short term bullish until the current 1H TL breaks, upto this major TL

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Target met and surpassed +580

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  • #1,147
  • Edited 6:44am Jun 17, 2010 6:07am | Edited 6:44am
Quoting TheLastCoke
#1080 + 140

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CAD/JPY Out and flat. Don't feel comfortable with this triple retest +120

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  • #1,148
  • Edited 6:47am Jun 17, 2010 6:11am | Edited 6:47am
Quoting TheLastCoke
#1080 + 160 so far

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GBP/JPY Out and flat because a lower double retest + 130

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  • #1,149
  • Edited 6:50am Jun 17, 2010 6:13am | Edited 6:50am
Quoting TheLastCoke
#1080 +140 and counting

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CHF/JPY Out, top of triangle reached + 260. See more potential, I'll probably reenter at a pullback.

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  • #1,150
  • Jun 17, 2010 6:15am Jun 17, 2010 6:15am
Quoting TheLastCoke
#1080 Waiting for retest

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AUD/NZD Holding - 15
  • #1,151
  • Jun 17, 2010 6:40am Jun 17, 2010 6:40am
Quoting emene
My question here is : when did you trigger the trade ? Right at the break ? On the upper triangle line ? Counting ABCDE ? This is beautiful.
It was a descending triangle, in theory it breaks downwards 64% of the time + it was by the apex with several touches on the lower and upper TL, I knew it was about to break, I was short before the break because of this PA. Keep in mind that it was a 15M TF and SL was very tigh (just above previous high). On bigger TF I feel more comfortable trading the retest.
  • #1,152
  • Jun 17, 2010 8:24am Jun 17, 2010 8:24am
Quoting perstoman
I have entered a small long position on U/J.
I may have been too early, but looking at the triangle, RRR is Ok.
Also with Dollar Index losing its momentum for now, I feel more comfortable taking long on this pair.
First try was Ok...
But now I am entering a new long position
See the chart below!
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  • #1,153
  • Jun 17, 2010 9:23am Jun 17, 2010 9:23am
Quoting TheLastCoke
AUD/NZD Holding - 15
Stopped out - 40
  • #1,154
  • Jun 17, 2010 9:36am Jun 17, 2010 9:36am
Quoting TheLastCoke
Fibs at work

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Getting in love with fibs!!!
  • #1,155
  • Jun 17, 2010 9:48am Jun 17, 2010 9:48am
Quoting perstoman
First try was Ok...
But now I am entering a new long position
See the chart below!
This is how I see it. Two breaks in a row, aiming bottom af triangle.

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  • #1,156
  • Jun 17, 2010 10:12am Jun 17, 2010 10:12am
Quoting TheLastCoke
This is how I see it. Two breaks in a row, aiming bottom af triangle.

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2 Pairs my system not work good with them u/cad and u/j
Bro have u got my pm i sent to u yesterday
  • #1,157
  • Jun 17, 2010 10:36am Jun 17, 2010 10:36am
Quoting TheLastCoke
This is how I see it. Two breaks in a row, aiming bottom af triangle.

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I have the opposite view.
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Every time you use 'hopium' in a post, God kills a kitten.
  • #1,158
  • Jun 17, 2010 10:56am Jun 17, 2010 10:56am
Quoting profxtrader
I have the opposite view.
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Please check this out. Those are the lowest points in my chart. Your shows a bouce to the pip and mine shows a break for 40 pips.

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Let me know. I check both demo and live.
  • #1,159
  • Jun 17, 2010 11:03am Jun 17, 2010 11:03am
Quoting TheLastCoke
Please check this out. Those are the lowest points in my chart. Your shows a bouce to the pip and mine shows a break for 40 pips.

Attachment

Let me know. I check both demo and live.
From left to right I have 88.218, 88.956, 89.303 and 90.512.

Esignal data 88.22, 89.03, 89.25 and 90.50.

Your first low is off from mine by about 30 pips. That is the difference in our views. I don't know who's data is right. Interesting discrepancy though. That was the day of the "Fat Finger" so I'm sure brokerages saw very different prices. Since MT displays bid only charts it could just be a difference in the widening of the spread. Who's your broker?
Every time you use 'hopium' in a post, God kills a kitten.
  • #1,160
  • Jun 17, 2010 11:05am Jun 17, 2010 11:05am
This is another live account that shows the same chart as yours.

Let's see what the PA has to say, out for the moment, Thanks for the input.

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