Triple taps | Page 23 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

gbp triple top? 11 replies

no-lag-Triple exponential Moving average(t3) based on heiken ashi values 9 replies

Triple A Method 307 replies

Wednesday Triple Rollover 2 replies

Is that a triple top 4 replies

Attachments: Triple taps
Exit Attachments

Triple taps

  • #441
  • Edited 6:46pm Sep 29, 2010 6:35pm | Edited 6:46pm
U/CAD is bouncing between lines...three taps a bit ago. 4 hr chart

U/CHF looks to be taking a triple tap on the top line soon...1 hr

E/A has a flag on the 1 hr....3 taps on a horizontal top line. Watch 1.3975...if it breaks the line down...it's falling...probably hard.

nzd/chf could be taking a 3 tap on the top triangle line. - 1hr

u/jpy just took 3rd tap on 1 hr...may be falling to yesterdays low ....close to it now.

check the overall trend and indicators for all these.....I'm running off to trade.
Attached Image (click to enlarge)
Click to Enlarge Name: ucc.gif Size: 16 KB
  • #442
  • Sep 29, 2010 6:58pm Sep 29, 2010 6:58pm
price trapped inside triangle.. EY 4 taps done .. i am thinking $yen at right shoulder in conjunction with a formed left shoulder and a neckline but i could be wrong..

.
http://www.forexfactory.com/attachme...2&d=1285804378
.
Attached Image (click to enlarge)
Click to Enlarge Name: 0-0,ff78_16.GIF Size: 11 KB
  • #443
  • Sep 29, 2010 7:06pm Sep 29, 2010 7:06pm
E/J It's close to yesterdays high....114.176

E/A looks like it may break down in a few minutes. 1.40485 is my entry

Quoting forex3e
price trapped inside triangle.. EY 4 taps done .. i am thinking $yen at right shoulder in conjunction with a formed left shoulder and a neckline but i could be wrong..

.
http://www.forexfactory.com/attachme...2&d=1285804378
.
  • #444
  • Edited 7:49pm Sep 29, 2010 7:30pm | Edited 7:49pm
E/A is looking good...very soon!!! Fall

I'm in.......

1.4042 is the number to break for some cash...
  • #445
  • Sep 29, 2010 8:48pm Sep 29, 2010 8:48pm
watch eu thru london / US tomorrow is another bond auction

I would like a little fake out break down of that tl

Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 25 KB
Blogging daily now at www.volume.zone
  • #446
  • Sep 29, 2010 9:04pm Sep 29, 2010 9:04pm
it's a little more dangerous....it's a counter trend.
Quoting forex3e
price trapped inside triangle.. EY 4 taps done .. i am thinking $yen at right shoulder in conjunction with a formed left shoulder and a neckline but i could be wrong..

.
http://www.forexfactory.com/attachme...2&d=1285804378
.
  • #447
  • Sep 29, 2010 9:24pm Sep 29, 2010 9:24pm
Malc,

Are you saying you expect E/U to drop??? Everything I'm looking at says down a lot.

Quoting malcolmb14
watch eu thru london / US tomorrow is another bond auction

I would like a little fake out break down of that tl

Attachment
  • #448
  • Sep 29, 2010 9:27pm Sep 29, 2010 9:27pm
E/A looks like it may go to the line at 1.4066.

I got out with +2 pips when the candle did a rocket dance. I still think it will go down...I'm not riding into the negative pips to prove a point. I'll get back in if it reverses.
  • #449
  • Sep 29, 2010 9:38pm Sep 29, 2010 9:38pm
E/A is about to triple tap the 1.4066 upper line. I'll say down from there. I'll see if I can get a little price action with a potential doji.
  • #450
  • Edited 10:41pm Sep 29, 2010 10:26pm | Edited 10:41pm
E/A - Boy that was a quick 20 pips.....went to surf the web for 3 minutes came back to the chart and it spiked 25 pips. I'll take it!

1.4054 to 1.4034

Was going to stay longer but it caught me off guard in a nice way.

Three taps on the line!!! The stoch was pointed down...it moved so quick it was up by the time I saved it.

Total today - 30 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: ea44.gif Size: 19 KB
  • #451
  • Sep 29, 2010 10:45pm Sep 29, 2010 10:45pm
G/U is 8 pips away from a triple tap. on the 1hr

It could go through the line....I'm being careful. The 1 hr indicators say it will drop. The 4 hr says up. My guess is that it will not make much of a new high. 1.5873 is the daily high.
  • #452
  • Sep 29, 2010 10:49pm Sep 29, 2010 10:49pm
Thanks for the chart -nice setup
What SL and TP would you take?

Please advice



Quoting cugir321
G/U is 8 pips away from a triple tap. on the 1hr

It could go through the line....I'm being careful. The 1 hr indicators say it will drop. The 4 hr says up. My guess is that it will not make much of a new high. 1.5873 is the daily high.
  • #453
  • Sep 29, 2010 11:58pm Sep 29, 2010 11:58pm
watch tomorrow 10:15 est to 11 est is pomo Expect eu to RIP 100 pip min
Blogging daily now at www.volume.zone
  • #454
  • Sep 30, 2010 12:24am Sep 30, 2010 12:24am
if i am not wrong this is what they call a "diamond top" perhaps?
.
Attached Image (click to enlarge)
Click to Enlarge Name: 0-0,ff78_11.GIF Size: 13 KB
  • #455
  • Sep 30, 2010 12:30am Sep 30, 2010 12:30am
After reading about the triple tap thread can I say it's not ad simple as recognising the trend and enter at 3rd tap? We still need to confirm with TDI,RSI. Support resistance and etc... That also means it has alot of descretion to this system
  • #456
  • Sep 30, 2010 12:51am Sep 30, 2010 12:51am
its like trading pattern.. and break out.. all done with a very tight sl
.
Attached Image (click to enlarge)
Click to Enlarge Name: 0-0,ff78_10.GIF Size: 15 KB
  • #457
  • Sep 30, 2010 2:41am Sep 30, 2010 2:41am
Is this a valid 2 taps or do need to wait another 4h bar to observe?
http://www.bigdaypictures.com.sg/eurgbptrade.jpg
  • #458
  • Sep 30, 2010 6:39am Sep 30, 2010 6:39am
It could be...second taps are harder to confirm because there's no established trend line. You may want to wait for the next candle up to confirm.

Also be careful with the comments in the TDI. They are lagging

Quoting juzgood1978
Is this a valid 2 taps or do need to wait another 4h bar to observe?
http://www.bigdaypictures.com.sg/eurgbptrade.jpg
  • #459
  • Sep 30, 2010 6:41am Sep 30, 2010 6:41am
Quoting juzgood1978
After reading about the triple tap thread can I say it's not ad simple as recognising the trend and enter at 3rd tap? We still need to confirm with TDI,RSI. Support resistance and etc... That also means it has alot of descretion to this system
Also trend.....can be very important especially if you're going to stay in a while.

Dave uses a good trend confirmation and a long trend line from what I see. I have a sneeking suspicion he uses other things too.
  • #460
  • Sep 30, 2010 6:42am Sep 30, 2010 6:42am
I will Malc....

It's all you today!!! Come thru big man!!!

Quoting malcolmb14
watch tomorrow 10:15 est to 11 est is pomo Expect eu to RIP 100 pip min
0 traders viewing now