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Backing Trades Thru Charts

  • #4,981
  • Jul 11, 2011 8:20am Jul 11, 2011 8:20am
EUR/NZD High RRR, B level as Tentative TP

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  • #4,982
  • Jul 11, 2011 8:49am Jul 11, 2011 8:49am
Contest Update:

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Anything can happend and there is still time to join!
  • #4,983
  • Jul 11, 2011 8:55am Jul 11, 2011 8:55am
Quoting TheLastCoke
EUR/AUD Broke TL and it is testing support (green level), if it gets rejected, there are two possible entries: 1) Triangle LTL 2)Dotted TL

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EUR/AUD 220 Rejection so far from TL (Dotted one)

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  • #4,984
  • Jul 11, 2011 9:22am Jul 11, 2011 9:22am
AUD/CHF

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  • #4,985
  • Jul 11, 2011 9:33am Jul 11, 2011 9:33am
Quoting TheLastCoke
Gta Your DT can play a role here if it validates but I'm watching PA at this Bullish confluence, if it gets rejected I may join the Bulls until next Major 78% fib which is at the same time a relevant top that may act as Resistance.

Attachment

Attachment
AUD/USD

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  • #4,986
  • Jul 11, 2011 9:37am Jul 11, 2011 9:37am
Quoting TheLastCoke
EUR/GBP

Attachment
EUR/GBP Pattern reached its Technical Target and it is now Breaking LTL

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  • #4,987
  • Jul 11, 2011 9:43am Jul 11, 2011 9:43am
Quoting 10piptrade
contest 1 buy @1.4197 stop out for 100 pips

contest 2 sell triggeres sell at 1.4090
Move to cover 50 pips at 1.4040 lock in 50 pips
Following the current trend
  • #4,988
  • Jul 11, 2011 9:50am Jul 11, 2011 9:50am
EUR/USD Bulls in trouble if level doesn't hold

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  • #4,989
  • Jul 11, 2011 10:14am Jul 11, 2011 10:14am
Quoting TheLastCoke
AUD/CHF

Attachment
AUD/CHF Showing Rejection

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  • #4,990
  • Jul 11, 2011 10:16am Jul 11, 2011 10:16am
Quoting TheLastCoke
AUD/USD

Attachment
AUD/USD Level Tested and Showing Rejection

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  • #4,991
  • Jul 11, 2011 10:32am Jul 11, 2011 10:32am
Quoting TheLastCoke
EUR/NZD High RRR, B level as Tentative TP

Attachment
EUR/NZD Showing Rejection, Currently +50

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  • #4,992
  • Jul 11, 2011 10:42am Jul 11, 2011 10:42am
Quoting 10piptrade
Move to cover 50 pips at 1.4040 lock in 50 pips
got stop out 50 pips
Following the current trend
  • #4,993
  • Jul 11, 2011 10:52am Jul 11, 2011 10:52am
Quoting TheLastCoke
EUR/USD Bulls in trouble if level doesn't hold

Attachment
EUR/USD Some Rejection found, about 50 Pips so far.

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  • #4,994
  • Jul 11, 2011 11:07am Jul 11, 2011 11:07am
Quoting TheLastCoke
Updates are possible at anytime as long as they are posted BEFORE level is reached. You can trail the SL, take profit before the Initial target, move your TP level, etc.
Okay Thanks
I will move my tp from 1.3830 to 1.34 like other position
  • #4,995
  • Jul 11, 2011 11:09am Jul 11, 2011 11:09am
Quoting egkid
Okay Thanks
I will move my tp from 1.3830 to 1.34 like other position
Update Noted,

Good Luck Every one and is not too late to join.
  • #4,996
  • Jul 11, 2011 11:33am Jul 11, 2011 11:33am
Quoting gta5555
entry 2- TL retest + Fib 50 %
AUD/JPY Contest entry Triggered
  • #4,997
  • Jul 11, 2011 12:27pm Jul 11, 2011 12:27pm
EUR/CAD S1 Broken, Approaching S2

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  • #4,998
  • Jul 11, 2011 12:29pm Jul 11, 2011 12:29pm
Contest entry 1: Buy eur/usd at 1.3970 which was pervious low and support, SL: 100 pips TP: 1.4450

Please disregard my fib levels they are from other trades, that I keep for levels.
Attached Image (click to enlarge)
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Former Trader Of the Year of the 95% losing club! Retired
  • #4,999
  • Jul 11, 2011 1:14pm Jul 11, 2011 1:14pm
Contest 2: Buy GBP/USD at 1.5885, fib level and support see chart
SL 1.5740 blow major support
TP:1.6425 at resistance
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_USD_Daily_snapshot.png Size: 23 KB
Former Trader Of the Year of the 95% losing club! Retired
  • #5,000
  • Jul 11, 2011 1:17pm Jul 11, 2011 1:17pm
Just a side note...to all the new traders I dont trade this way at all. I never use such large SL and have never been in a trade for so long where I actually made 500 pips on one trade but since this is a contest the winner will lost likely be with huge home run call.
Former Trader Of the Year of the 95% losing club! Retired
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