Just had a question for you which was a bit in detail so I sent it as a message instead. If you can take the time to answer it that will be much appreciated.
Also: not sure if anyone knows but there was a huge earthquake in New Zealand on Tuesday which has killed 76 people and 300 are still missing and the country is in state of emergancy/natural disater (24 hour news coverage over here)
So my question is: would this have had an effect on the last few day of the NZDUSD, cause i can see it has dropped quite a bit, and do any of you guys take this kind of stuff into consideration when trading? or is it all about the charts???
Nice 3 Tap that I missed. It may travel further up with a 1H 4C BO, however it is at a resistance level and a big round number 6240...so watch carefully.
This chart was posted earlier, but now there is a 3 Tap set up and trigger. Problem is price is a 3 year low..so how much further can/will it go. (We have said that for weeks now.)
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Joined Feb 2008
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Status: Knowledge is good
|117 Posts
I have a question about the accuracy of the Weekly RSI trend indicator.
Attached are some chart samples that show the issue better than I could describe.
Apologies in advance if this potential issue has been discussed in the past. It is a long thread to get through.
AUD and GJ -- does the weekly trend look down on either of these?
This seems to occur frequently, and this seems a crucial indicator for the 4H chart.
Thanks
I took a few pips today but it took all day. I could of closed some earlier but I had too much patients thought they would reap a little more. So I feel lucky today. I was in the red most of the day until two closed back up at the end of the day with a small tp.
AUDUSD @ +11.4 PIPS
EURUSD @ +25.6 PIPS
USDCHF @ +55.6 PIPS
AUDCHF @ +22.8 PIPS
I have a question about the accuracy of the Weekly RSI trend indicator.
Attached are some chart samples that show the issue better than I could describe.
Apologies in advance if this potential issue has been discussed in the past. It is a long thread to get through.
AUD and GJ -- does the weekly trend look down on either of these?
This seems to occur frequently, and this seems a crucial indicator for the 4H chart.
Thanks
Ignored
Check the direction of the RSI lines themselves. They appear to be between 4:00 and 5:00 o'clock, which means, yes, the weekly trend is down and the arrows are correct.
I have a question about the accuracy of the Weekly RSI trend indicator.
Attached are some chart samples that show the issue better than I could describe.
Apologies in advance if this potential issue has been discussed in the past. It is a long thread to get through.
AUD and GJ -- does the weekly trend look down on either of these?
This seems to occur frequently, and this seems a crucial indicator for the 4H chart.
Thanks
Ignored
Remember too that the RSI indicates direction, not necessarily trend.
I took a few pips today but it took all day. I could of closed some earlier but I had too much patients thought they would reap a little more. So I feel lucky today. I was in the red most of the day until two closed back up at the end of the day with a small tp.
AUDUSD @ +11.4 PIPS
EURUSD @ +25.6 PIPS
USDCHF @ +55.6 PIPS
AUDCHF @ +22.8 PIPS
Ignored
Excellent day's work. Over 100 pips in a day is great, but I hope that is not your goal everyday, because it will be difficult and exhausting to acheive.
Excellent day's work. Over 100 pips in a day is great, but I hope that is not your goal everyday, because it will be difficult and exhausting to acheive.
Ignored
Ho no! I just happen to be doing working on the budget today. So I was watching the computer most of the day. Most of the time I'm out side working in the Orchard. But it was kind of fun when it works out. Two of the currency retraced most of the day and I thought by days end I was going to have to take a lost. I'd still keep my eye on CHF tonight and tomorrow the currency seems to be still the strongest of all currency. The usdchf has all ready broke its low may try to go lower. Worth watching.
Ho no! I just happen to be doing working on the budget today. So I was watching the computer most of the day. Most of the time I'm out side working in the Orchard. But it was kind of fun when it works out. Two of the currency retraced most of the day and I thought by days end I was going to have to take a lost. I'd still keep my eye on CHF tonight and tomorrow the currency seems to be still the strongest of all currency. The usdchf has all ready broke its low may try to go lower. Worth watching.
Ignored
I envy you working outside in an orchard. We used to go apple picking every fall in upstate New York when we lived in New York City. Some of my fondest memories and the scent of apples in the air...ahhh!
Nice 3 Tap that I missed. It may travel further up with a 1H 4C BO, however it is at a resistance level and a big round number 6240...so watch carefully.
Ignored
My RSI pointed downwards when the setup took place, and in order to be pointing up the PA must have surpassed that resistance you pointed out, maybe you didn't miss it, after all... so a better trade could come out from a BO...
Trade What You See - Almost Naked Trading
