Backing Trades Thru Charts

EUR/JPY Thanks Samer, I have my entry around the same area. It is a low rate entry (Entries, SL's, and patterns are rated from 1 to 5 based on several circumstances such as amount of confluence, RRR, symmetry etc, 5 being the best)



Thanks again for posting

http://www.forexfactory.com/showthre...54#post4311554

I didn't add a target becouse i didn't have one.
But i have one now.
I have the same view.
My count sais this could be an ABC correction.
This fits the picture.

wait for the break and retest of UTL before going long.

EUR/AUD Setup Closed, +100

GU.
Possible high RRR setup.
I am looking to go short at the UTL/88.6 fib and target the LTL of the pennant.
SL above C.
when i zoom in in MT4 the line moves. but this is still my short area.

I have some mixed feelings about this one especially as the TL has been flirted with before; but appreciate anyone's thoughts. btw, this is the Aussie$ Futures chart. I already have a small position long which I will consider beefing up once direction is confirmed, or exiting if TL is broken.

Hello Teemo, I'm still holding the same view:#4047

Hello,

In an effort to show impartial results, the performance will be calculated using only the beginning of the range as the entry point, not the midpoint as it was used before. A slight change in the results can be expected as the negative results will increase and the positive results will decrease by about 1/2 of the entry range size.

In addition to the usual data, the R multiples will be shown in order for anyone to be able to find the Expectancy

Also the system used in our setups will be measure by the Van Tharp SQN The formula to calculate the SQN is: SQN=root(n)*expectancy/stdev

Where:
• root(n) – the square root of your number of trades
• expectancy – expectancy of your trading system in R multiples
• stdev – standard deviation of your trade profit/loss R multiples
• 1R is your initial risk on a trade.

Here’s the interpretation of SQN scores (n=100).
SQN Score............ Quality of the System
1.6-1.9 ................ Poor but tradable
2.0-2.4 ................ Average
2.5-2.9 ................ Good
3.0-5.0 ................ Excellent
5.0-6.9 ................ Superb
7.0-..................... Holy Grail

Best Regards,
Gabriel

TLC what do you think of GU ?

GBP/USD Here is my weekly:

News section is not yet open for general posting but FF is going to take suggestions from any member. It will be a very nice feature.

EUR/CHF

Wait for the break of neckline and S/R line for HS to validate. Go short at the retest of these levels.

entry missed
http://www.forexfactory.com/showpost...postcount=4058

Daily Channel. Sell at the UTL

Disregard setup

EUR/NZD

EUR/USD For Bulls



For Bears

NZD/USD

H&S in H4. wait for the break of Neckline and Support for HS to validate. Short at retest.