Backing Trades Thru Charts | Page 179 | 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

  • #3,561
  • Nov 16, 2010 8:24am Nov 16, 2010 8:24am
Quoting TheLastCoke
USD/JPY If entry point is met today or tomorrow, it will be done in confluence with channel UTL + Fib
USD/JPY Approaching entry

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy1.gif Size: 24 KB
  • #3,562
  • Nov 16, 2010 8:28am Nov 16, 2010 8:28am
GBP/USD Fighting TL

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd1.gif Size: 26 KB
  • #3,563
  • Nov 16, 2010 9:56am Nov 16, 2010 9:56am
Quoting TheLastCoke
EUR/USD Setup Update (entry rate lowered)

Attachment
EUR/USD At entry point

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd2 1.gif Size: 23 KB
  • #3,564
  • Nov 16, 2010 11:27am Nov 16, 2010 11:27am
Quoting TheLastCoke
EUR/USD At entry point

Attachment

Another perspective on 30M. Good call TLC.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-11-16_1925.jpg Size: 107 KB
  • #3,565
  • Nov 16, 2010 7:53pm Nov 16, 2010 7:53pm
AUD/USD

Attached Image (click to enlarge)
Click to Enlarge Name: audusd1.gif Size: 22 KB
  • #3,566
  • Nov 17, 2010 4:57am Nov 17, 2010 4:57am
EU 4H chart. Yesterday large red bar through the coloured wedgwas rejected by the blue channel's TL. Price retested thegrey TL of the wedge alone with DP and important FIBO. I took a short trade there.
Waiting for, at least a retest of the blue channel's TL along with LOPS1... AT LEAST!
Good trades to all!!!
Attached Image (click to enlarge)
Click to Enlarge Name: euw.jpg Size: 322 KB
  • #3,567
  • Nov 17, 2010 6:42am Nov 17, 2010 6:42am
Quoting TheLastCoke
NZD/USD Approaching old resistance now support

Attachment
NZD/USD Closer Look

Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd 1.gif Size: 25 KB
  • #3,568
  • Nov 17, 2010 7:33am Nov 17, 2010 7:33am
Quoting TheLastCoke
USD/JPY Approaching entry

Attachment

a rising wedge in UJ h4, adding a confluence to the UTL of channel.
Attached Image (click to enlarge)
Click to Enlarge Name: uj_h4.png Size: 62 KB
  • #3,569
  • Nov 17, 2010 7:44am Nov 17, 2010 7:44am
Quoting TheLastCoke
NZD/USD Closer Look

Attachment
Great call on eurusd and nzdusd :-) I took both the trades ...so far without any draw down ....infact still have them running with stops placed at BE +1...so a free ride....

thanks alot....

Ali Raza
Raza
  • #3,570
  • Nov 17, 2010 7:46am Nov 17, 2010 7:46am
SL Updates:

EUR/USD 1/3 of T1 Met, Currently + 90. No DD
USD/JPY Approaching BE zone, Currently + 45. No DD
NZD/USD Apporaching BE zone, Currently + 80. No DD

The BE zone is the one shown in blue.
  • #3,571
  • Nov 17, 2010 8:22am Nov 17, 2010 8:22am
Quoting shr5
Great call on eurusd and nzdusd :-) I took both the trades ...so far without any draw down ....infact still have them running with stops placed at BE +1...so a free ride....

thanks alot....

Ali Raza
My pleasure Ali.
  • #3,572
  • Nov 17, 2010 3:06pm Nov 17, 2010 3:06pm
Hi guys.. Coke you doing a good job here. Just wanted to pop in and say well done.

Here's one I'm watching... Dunno if you've posted this already as I did not read all through previous posts (except some).

On the daily chart we have something which looks like an ending diagonal, if this level I'm watching on the H4 confirms (considering the fact we have weakness in the background) and heads lower I may look to trail a little bit till maybe around 1.5505.

Attached Image (click to enlarge)
Click to Enlarge Name: sptwft_9 (gu).gif Size: 40 KB
  • #3,573
  • Nov 17, 2010 5:58pm Nov 17, 2010 5:58pm
Quoting wh1zz0
On the daily chart we have something which looks like an ending diagonal, if this level I'm watching on the H4 confirms (considering the fact we have weakness in the background) and heads lower I may look to trail a little bit till maybe around 1.5505.

Attachment
GBP/USD Hello Wh1zz0, Keep in mind that it is coming from a TL + D point bounce.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 1.gif Size: 25 KB
  • #3,574
  • Nov 17, 2010 7:55pm Nov 17, 2010 7:55pm
Quoting TheLastCoke
EUR/USD Setup Update (entry rate lowered)

Attachment
EUR/USD More than 1/2 of T1 met, SL to + 50 recommended.
Currently +140

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 1.gif Size: 23 KB
  • #3,575
  • Nov 17, 2010 8:27pm Nov 17, 2010 8:27pm
Quoting TheLastCoke
EUR/CAD Bullish Confluence

Attachment
EUR/CAD This setup might invalidate previous one

Attached Image (click to enlarge)
Click to Enlarge Name: eurcad 1.gif Size: 24 KB
  • #3,576
  • Nov 17, 2010 8:40pm Nov 17, 2010 8:40pm
USD/CHF Broke LTL, 23% fib might be next

Attached Image (click to enlarge)
Click to Enlarge Name: usdchf 1.gif Size: 23 KB
  • #3,577
  • Nov 17, 2010 10:17pm Nov 17, 2010 10:17pm
Quoting TheLastCoke
USD/CHF Broke LTL, 23% fib might be next

Attachment
USD/CHF Testing fib now
  • #3,578
  • Nov 17, 2010 10:43pm Nov 17, 2010 10:43pm
Quoting TheLastCoke
EUR/USD More than 1/2 of T1 met, SL to + 50 recommended.
Currently +140

Attachment
EUR/USD Current Scenario: Pair broke Bump TL, next big test is around 1.3640 (23% fib) but a retracement to retest TL can be expected

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd41.gif Size: 22 KB
  • #3,579
  • Nov 17, 2010 11:49pm Nov 17, 2010 11:49pm
AUD/CAD Currently testing 50%, Possible break if there is another LTL test. Technical Target is 300 pips from either A or B point

Attached Image (click to enlarge)
Click to Enlarge Name: aucad 1.gif Size: 22 KB


Attached Image (click to enlarge)
Click to Enlarge Name: aucad2 2.gif Size: 27 KB
  • #3,580
  • Edited 3:05am Nov 18, 2010 2:15am | Edited 3:05am
Quoting TheLastCoke
EUR/USD More than 1/2 of T1 met, SL to + 50 recommended.
Currently +140

Attachment

This EU, I wanted it @1.333, though 1.345 was 50% fib level but added with the solid previous resistance it would've made my day.. I still have a feeling EU could drop down from around ~1.38-1.37 area.
4 traders viewing now