currently +60.
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- #4,043
- Edited 7:18am Jan 14, 2011 6:59am | Edited 7:18am
- Joined Jan 2010 | Status: .... | 3,910 Posts
Hi Longshot, Why are you saying it's rejected. Looks like you are in short - right? I have now zoomed into a 30Min & 15Min looking for an M or other PA to support an entry.
I stopped looking at lower timeframes for now.
It made me make mistakes, closing premature or after that re-open etc.
I am all for stressless trading and keep things uncomplicated.
I am working on the uncomplicated part
- #4,045
- Jan 14, 2011 7:09am Jan 14, 2011 7:09am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Possibly the most overrated formation but this one's not too shabby:
Gone to a better place
- #4,046
- Jan 14, 2011 7:19am Jan 14, 2011 7:19am
- | Commercial User | Joined Feb 2009 | 5,030 Posts
EUR/AUD Double Bottom Confirmed & Retested the Neck Line already where it found a very nice rejection
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- #4,047
- Jan 14, 2011 7:22am Jan 14, 2011 7:22am
- | Commercial User | Joined Feb 2009 | 5,030 Posts
- #4,048
- Jan 14, 2011 7:29am Jan 14, 2011 7:29am
- | Commercial User | Joined Feb 2009 | 5,030 Posts
- #4,049
- Jan 14, 2011 7:57am Jan 14, 2011 7:57am
- | Commercial User | Joined Feb 2009 | 5,030 Posts
GBP/AUD
- #4,050
- Jan 14, 2011 7:59am Jan 14, 2011 7:59am
- Joined Mar 2007 | Status: Trader | 8,618 Posts
Gone to a better place
- #4,051
- Jan 14, 2011 8:04am Jan 14, 2011 8:04am
- | Commercial User | Joined Feb 2009 | 5,030 Posts
Good analysis, as usual. I left mine open in the hope you'd post one. I took the AUD/CAD off the hourly double top 5 hours ago top because I saw a big divergence and a bearish engulfing on the hourly. Would I like to see the daily play out now I have an early entry.
- #4,052
- Jan 14, 2011 11:00am Jan 14, 2011 11:00am
- | Commercial User | Joined Feb 2009 | 5,030 Posts
AUD/CAD You might want to consider to hold & see PA at Confirmation Line (yellow level) #4048 IMHO if it gets there, there is a big possibility of a break (as it will be a consecutive test) and you got yourself one front seat ticket worth few hundreds pips.
- #4,053
- Jan 14, 2011 11:06am Jan 14, 2011 11:06am
- | Commercial User | Joined Feb 2009 | 5,030 Posts
- #4,055
- Jan 15, 2011 6:54pm Jan 15, 2011 6:54pm
- | Commercial User | Joined Feb 2009 | 5,030 Posts
AUD/JPY Looking for 81.50 to get broken
- #4,058
- Edited 5:54pm Jan 16, 2011 5:40pm | Edited 5:54pm
- Joined Jan 2010 | Status: .... | 3,910 Posts
- #4,059
- Jan 16, 2011 6:32pm Jan 16, 2011 6:32pm
- | Commercial User | Joined Feb 2009 | 5,030 Posts
EUR/USD Possible Break
