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Backing Trades Thru Charts

  • #3,301
  • Sep 28, 2010 9:00pm Sep 28, 2010 9:00pm
Quoting TheLastCoke
EUR/JPY Channel UTL respected but not properly rejected.
EUR/JPY Closing this trade at is recommended. (still at entry point)
  • #3,302
  • Sep 28, 2010 9:10pm Sep 28, 2010 9:10pm
A/U. We are in uncharted territory... at least since 2008! price has broken outside of the upward channel. Awaiting a bearish candle on the Daily or H4 chart. Note: if price continues northbound without a bearish candle I will be setting a pending sell order at 9849
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #3,303
  • Sep 28, 2010 9:10pm Sep 28, 2010 9:10pm
Quoting TheLastCoke
AUD/CAD Approaching Bearish Confluence: TL + Resistance

Attachment
AUD/CAD Pair broke all: Weekly TL + Resistance + Channel. Had an average position at 0.9857, Stopped out - 113

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  • #3,304
  • Sep 28, 2010 9:18pm Sep 28, 2010 9:18pm
Quoting MarcVUM
A/U. We are in uncharted territory... at least since 2008! price has broken outside of the upward channel. Awaiting a bearish candle on the Daily or H4 chart. Note: if price continues northbound without a bearish candle I will be setting a pending sell order at 9849
AUD/USD I'm flat but got this nice Bearish AB=CD (None of the previous AB=CD patterns worked on this pair) + Channel.

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  • #3,305
  • Sep 28, 2010 9:31pm Sep 28, 2010 9:31pm
Quoting TheLastCoke
EUR/GBP

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EUR/GBP Pattern confirmed and developing nicely

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  • #3,306
  • Sep 28, 2010 10:22pm Sep 28, 2010 10:22pm
Quoting TheLastCoke
AUD/USD I'm flat but got this nice Bearish AB=CD (None of the previous AB=CD patterns worked on this pair) + Channel.

Attachment
Hi TLC

Will your pattern still hold if price makes it to 9720? I am thinking 9720 on this pair then a possible 140 pip reversal before moving back up on Friday and closing on or near the highs.
  • #3,307
  • Sep 28, 2010 10:33pm Sep 28, 2010 10:33pm
Quoting amyc
Hi TLC

Will your pattern still hold if price makes it to 9720? I am thinking 9720 on this pair then a possible 140 pip reversal before moving back up and on Friday and closing on or near the highs.

Yes Amy, 0.9720 would be 42 pips above D point, an acceptable range for a daily chart. Furthermore the channel UTL and 161% fib projection is around 0.9780.
  • #3,308
  • Sep 28, 2010 10:42pm Sep 28, 2010 10:42pm
Quoting TheLastCoke
Yes Amy, 0.9720 would be 42 pips above D point, an acceptable range for a daily chart. Furthermore the channel UTL and 161% fib projection is around 0.9780.
ok thanks for that.
  • #3,309
  • Sep 29, 2010 5:27am Sep 29, 2010 5:27am
Quoting TheLastCoke
EUR/GBP Pattern confirmed and developing nicely

Attachment
jesus! this guy is a genius.

i think it's the first time that i read that someone mentions the adam & eve pattern.

do you have this setup from suri dudella's book?
or which book do you recommend?

your charts rock!
thank you!
meine augen sind die sterne
  • #3,310
  • Sep 29, 2010 6:56am Sep 29, 2010 6:56am
Quoting aserbfx
jesus! this guy is a genius.
i think it's the first time that i read that someone mentions the adam & eve pattern.
do you have this setup from suri dudella's book?
or which book do you recommend?
your charts rock!
thank you!
Appreciate your words Aserb but the credits are for Mr. Bulkowski and his book (The Encyclopedia of chart patterns)#2410
  • #3,311
  • Sep 29, 2010 8:58am Sep 29, 2010 8:58am
EUR/USD

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  • #3,312
  • Sep 29, 2010 11:01am Sep 29, 2010 11:01am
Quoting TheLastCoke
EUR/USD
At that level we also have an AB=CD, where D is the 127% FE.

http://i53.tinypic.com/2n9bbr7.png
  • #3,313
  • Sep 29, 2010 1:59pm Sep 29, 2010 1:59pm
  •  samirb
  • | Joined Nov 2009 | Status: Investing is simple, but not easy. | 247 Posts
Quoting samirb


Good day

Coke what is the target for the broadening top?

Good luck

Good day everyone

Broadening top is now in the shape of diamond..

Good luck
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  • #3,314
  • Sep 29, 2010 11:55pm Sep 29, 2010 11:55pm
Quoting TheLastCoke
EUR/CAD The Potential Target

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EUR/CAD Approaching Target. Perfect Development

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  • #3,315
  • Sep 30, 2010 1:09am Sep 30, 2010 1:09am
What a beauty

Quoting TheLastCoke
EUR/CAD Approaching Target. Perfect Development

Attachment
Hello.
  • #3,316
  • Sep 30, 2010 4:02am Sep 30, 2010 4:02am
Quoting TheLastCoke
Appreciate your words Aserb but the credits are for Mr. Bulkowski and his book
You are being far too modest TLC - you do an excellent job.

I have written to the FF powers that be and complained about the poor and blatantly commercial 'Technical Analysis' and 'Trading Education' that finds its way onto the FF home page 'NEWS' section.

I have suggested that if they are happy to allow commercial postings within that section, the privilege should be extended to the top 3 or 4 threads within the commercial forum - this way the 'people' vote for what they want to see on the home page.

I would suggest anyone reading this thread should do the same - then perhaps we can see TLC on the front page - where he belongs.
I've got my pips - go get yours!
  • #3,317
  • Sep 30, 2010 4:18am Sep 30, 2010 4:18am
BTD
Thank you very much for such encouraging statement.
Really appreciate it.
  • #3,318
  • Sep 30, 2010 4:43am Sep 30, 2010 4:43am
GBP/AUD Nice Support

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  • #3,319
  • Sep 30, 2010 10:57pm Sep 30, 2010 10:57pm
EUR/CHF

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  • #3,320
  • Sep 30, 2010 11:16pm Sep 30, 2010 11:16pm
Thanks for all your great analysis TLC.
I havnt had enough time to do anything with it lately, but I still keep an eye on what you post, and am consistently blown away...
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