Backing Trades Thru Charts | Page 118 | 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

  • #2,341
  • Aug 4, 2010 7:14pm Aug 4, 2010 7:14pm
Quoting TheLastCoke
GBP/NZD If red level is broken, Channel UTL could give a nice opp to short it.

Attachment
Charts are fantastic TLC, one of my favorite threads on FF, keep up the great work
  • #2,342
  • Aug 4, 2010 7:24pm Aug 4, 2010 7:24pm
EUR/CHF There is a lot of Bear Power in that particular red spot.
23% Major Fib + Channel UTL + 100% FIB EXP of AB.

Attached Image (click to enlarge)
Click to Enlarge Name: eurchf h4.gif Size: 16 KB
  • #2,343
  • Aug 4, 2010 7:44pm Aug 4, 2010 7:44pm
Quoting TheLastCoke
Aproaching Target

Attachment
good man thanks TLC!
"Millionaires don't use astrology, billionaires do"
  • #2,344
  • Aug 4, 2010 7:45pm Aug 4, 2010 7:45pm
Quoting TheLastCoke
AUD/CHF 61% Fib did a very good job stopping it. I'll wait to LO to have a better PA read

Attachment
hey bro...

probably being daft here asking but LO?

thanks
"Millionaires don't use astrology, billionaires do"
  • #2,345
  • Aug 4, 2010 7:57pm Aug 4, 2010 7:57pm
Quoting Phonetic
Charts are fantastic TLC, one of my favorite threads on FF, keep up the great work
Hi TLC

Could you please explain what this means, are there valid wedges, pennants flags etc,
The SMA is 200
I get really confused sometimes.

I am looking to trade once the smaller triangle breaches either up or down.
There is a small trade already taken please ignore, I have been watching this for days and got bored lol

Cheers Kiwi
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nz usd daily.gif Size: 23 KB
Click to Enlarge Name: nz usd 1 daily.gif Size: 28 KB
If you are new to Forex? Say Goodbye to your account!!
  • #2,346
  • Aug 4, 2010 8:01pm Aug 4, 2010 8:01pm
Quoting perstoman
I have been enjoying long E/U,G/U & short U/Cad lately.
Just closed my remaining long on E/U and started to look at my charts again.

G/U looks like it's forming a ascending triangle, but I don't believe its going to break to the upside. Rather I am seeing a move down to at least 1.589ish area.
Yesterday's short worked out fine.
Maybe we are finally seeing a retracement of crazy up movement.
I see a possible top formation(H&S)
Once G/U breaks 1.5865ish level, it will resume its move down.

Nothing is for certain in this market, so I have my SL placed at the top.

Happy pipping to everyone!

*Thanks TLC for Cad/JPY setup last nite!!
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 15 KB
  • #2,347
  • Aug 4, 2010 8:30pm Aug 4, 2010 8:30pm
1 hourly reversal br on cadjpy off UTL...
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy.gif Size: 17 KB
  • #2,348
  • Aug 4, 2010 8:33pm Aug 4, 2010 8:33pm
Wave count 5 on hourly dragon but still above LTL and PPX thou closed under yesterdays high?
Attached Image (click to enlarge)
Click to Enlarge Name: dragon.gif Size: 20 KB
  • #2,349
  • Edited 8:49pm Aug 4, 2010 8:39pm | Edited 8:49pm
EUR/USD Daily Chart

MTL comes from the high of July '08. Rising wedge in a similar configuration with the cable. MTL intercepts EMA200 which caused the price to bump after contact. FE 100 also falls right on top of the average too but I forgot to put it on the chart. I expect 1.24770 by the end of the month although the chart shows a very perfect 'Bump-and-Run Reversal Bottoms' pattern which suggests a breakout to the upside. I'm bearish at EMA200 though.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 73 KB
Click to Enlarge Name: EURUSDDaily Big Picture.png Size: 75 KB
  • #2,350
  • Aug 4, 2010 10:16pm Aug 4, 2010 10:16pm
Quoting KiwiTrada
Hi TLC

Could you please explain what this means, are there valid wedges, pennants flags etc,
The SMA is 200
I get really confused sometimes.

I am looking to trade once the smaller triangle breaches either up or down.
There is a small trade already taken please ignore, I have been watching this for days and got bored lol

Cheers Kiwi
I'd wait until it breaks one of these two TL's. #2308

Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd d.gif Size: 18 KB
  • #2,351
  • Aug 4, 2010 10:25pm Aug 4, 2010 10:25pm
Nzd/jpy

Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy w.gif Size: 17 KB

Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy d.gif Size: 21 KB
  • #2,352
  • Aug 5, 2010 12:08am Aug 5, 2010 12:08am
EUR/USD IMHO The 38%Fib and TL retest will decide if the downtrend will resume or change.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd retest.gif Size: 13 KB
  • #2,353
  • Aug 5, 2010 1:34am Aug 5, 2010 1:34am
http://i35.tinypic.com/4t2bl0.png

http://i36.tinypic.com/hu2802.png
  • #2,354
  • Aug 5, 2010 2:46am Aug 5, 2010 2:46am
EUR/GBP

Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp h4.gif Size: 20 KB
  • #2,355
  • Aug 5, 2010 2:48am Aug 5, 2010 2:48am
Quoting forex_growth
hey bro...

probably being daft here asking but LO?

thanks
London Open.
I've got my pips - go get yours!
  • #2,356
  • Aug 5, 2010 2:54am Aug 5, 2010 2:54am
GBP/AUD

Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud h4.gif Size: 18 KB
  • #2,357
  • Aug 5, 2010 3:01am Aug 5, 2010 3:01am
AUD/CAD In this case it is ''more tradeable'' because there is a bullish confluence by the pointed green arrow. TL retest + resistance + Dotted white TL. (The spot might be reach tomorrow LO)

Attached Image (click to enlarge)
Click to Enlarge Name: audcad daily.gif Size: 19 KB
  • #2,358
  • Aug 5, 2010 3:05am Aug 5, 2010 3:05am
  •  samirb
  • | Joined Nov 2009 | Status: Investing is simple, but not easy. | 247 Posts
if the price doesnot make new high this week, and closed as bearish.. then this bearish gartley will play
Attached Image (click to enlarge)
Click to Enlarge Name: 11.jpg Size: 103 KB
  • #2,359
  • Aug 5, 2010 3:06am Aug 5, 2010 3:06am
Quoting TheLastCoke
AUD/CAD In this case it is ''more tradeable'' because there is a bullish confluence by the pointed green arrow. TL retest + resistance + Dotted white TL. (The spot might be reach tomorrow LO)

Attachment
you have a lot of great chart analysis thelastcoke
very clean and meaningful executions... I'm just wondering with all the currency pairs you're trading, how much time you're spending analyzing charts?

keep up the great work
  • #2,360
  • Aug 5, 2010 3:11am Aug 5, 2010 3:11am
USD/CHF Bump could be use as a Conservative Target

Attached Image (click to enlarge)
Click to Enlarge Name: flat.gif Size: 18 KB
1 trader viewing now