I'd like to use this thread to comment, answer, ask, explain or debate in a healthy way your charts or those posted at Backing Trades Thru Charts . Anybody is welcome.
Poll
- What Time Frame do you usually trade ?More than one answer can be picked
Chart Pattern Discussion 4 replies
Daily Chart Trading Discussion 336 replies
Chart patterns and trendline discussion.... 293 replies
DislikedTheLastCoke, longshot_nl I admire your work. I will post from time to time if you don't mind.
Aud/Usd below. Way too early to call it Gartley, but l'll be watching it whatever way price gets there.Ignored
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DislikedAUD/USD I like the fact that lower triangle TL can be in confluence with 88% fib, the B point at 61% and upper TL can also be in confluence with D point at 78% Fib but the mandatory AB=CD would have its D point 60 Pips above TL.Ignored
DislikedI like it, but I prefer when C point is either 88.6 or 38.2. Remember it is not a pattern until D point is met.Ignored
DislikedI see you are strict about about BC retracement at 0.382 OR 0.886. From what I understood reading Carney, 0.382-0.886 is a possible range rather. In aud/usd example if C at 0.707 than AB=CD exactly at 0.786 of XA.
I know your approach works, can't say about the other as I don't watch them that long. Thanks for your opinion on it.Ignored
Dislikedgood idear a new thread for discussions.
will be posting here..
bat in silver got a bad right wing...
I am looking to buy silver somewhere for a long term trade.Ignored
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DislikedEUR/AUD Keep in mind that it is coming from a major support bounce.
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I have this level next Resistance:
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DislikedThis is pritty sick.
predicted the whole thing and even managed to loose money with it.Ignored
Dislikedi managed my trade wrongly.
i sold at a lower level and it went up.
but then when i went short again my stops where taken out.
then at D point i didn't place trade becouse i thought it would happen later so i missed it.Ignored
Dislikedi managed my trade wrongly.
i sold at a lower level and it went up.
but then when i went short again my stops where taken out.
then at D point i didn't place trade becouse i thought it would happen later so i missed it.Ignored