VWVB Daily Chart Analysis | Page 30 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

100% Daily Chart Analysis 64 replies

What is the difference between an "interday" chart and "intraday" chart? 2 replies

1 bar in 1H chart = how many bar in 5min chart? 3 replies

gbpjpy tick chart difference with 5m chart 0 replies

Attachments: VWVB Daily Chart Analysis
Exit Attachments

VWVB Daily Chart Analysis

  • #581
  • Edited 9:12pm Apr 19, 2006 9:03pm | Edited 9:12pm
I got in long also because of the doji candle. Entered just as the price was heading North. Also have positive divergence of MACD on 1hr chart. Put my SL just below the low of the doji. We'll see what happens. This is my first VWB trade (in my demo acct). 30 pips is my loss if I get stopped out. I can always re-enter later. Getting in during the Asian session sketches me out a little though...



Quoting vinn234
Anyone out there long USD/ CHF ? I just open long @ 1.2700 on a previous day close of a doji stop and reverse are below that doji @ 1.2650 . Give me some feed back...
  • #582
  • Apr 19, 2006 9:14pm Apr 19, 2006 9:14pm
Not that it has anything to do with VWB, but if you look at the usdchf daily and a bit scrunched up, it looks like a giant head & shoulders pattern top.
Could be nothing thoough...

SMJ


Quoting vinn234
Anyone out there long USD/ CHF ? I just open long @ 1.2700 on a previous day close of a doji stop and reverse are below that doji @ 1.2650 . Give me some feed back...
Attached Image
  • #583
  • Edited Apr 20, 2006 7:43am Apr 19, 2006 9:21pm | Edited Apr 20, 2006 7:43am
Quoting vinn234
Anyone out there long USD/ CHF ? I just open long @ 1.2700 on a previous day close of a doji stop and reverse are below that doji @ 1.2650 . Give me some feed back...
Hey Vinn,

We are getting a knife entry at 2696. I would wait for some more time for the price to break 2730 ish 4H resistance trendline to enter long.

Shan
Attached Image
  • #584
  • Apr 20, 2006 1:11am Apr 20, 2006 1:11am
Quoting vinn234
Anyone out there long USD/ CHF ? I just open long @ 1.2700 on a previous day close of a doji stop and reverse are below that doji @ 1.2650 . Give me some feed back...
I went long too on a 50% retrace of the daily but,it reversed and hit my stop at 1.7805 which was the 38.2 fib. long swing back!
I am ready forthe next entry at 1.2740 unless it turns upand breaks th e resistance at 1.2650

GBPUSD any one looks like its heading down looking for 1.77 for entry!!

EUR looks ready too but,only enough room for 2 trades
  • #585
  • Apr 20, 2006 1:13am Apr 20, 2006 1:13am
Quoting vishalshan
Hey Vinn,

We are getting a knife entry at 2696. I would wait for some more time for the price to break 2630 ish 4H resistance trendline to enter long.

Shan
Where are you getting your indicators?Are these from the James group Shan
Thx
  • #586
  • Apr 20, 2006 1:26am Apr 20, 2006 1:26am
Quoting zenophyte
Where are you getting your indicators?Are these from the James group Shan
Thx
Hi Zeno,

The indicator we're using can also be found here:
http://www.forexfactory.com/forexfor...ead.php?t=4365

With some info about it in this thread:
http://www.forexfactory.com/forexfor...ead.php?t=3422

Happy trading!

Regards,
East
  • #587
  • Apr 20, 2006 5:34am Apr 20, 2006 5:34am
Quoting vinn234
Anyone out there long USD/ CHF ? I just open long @ 1.2700 on a previous day close of a doji stop and reverse are below that doji @ 1.2650 . Give me some feed back...
I am long the USD/CHF and also short the GBP/JPY.

Mike
  • #588
  • Apr 20, 2006 5:35am Apr 20, 2006 5:35am
G'day folks,

Can somebody confirm that we're still treating the start of the "day" as 17:00 Chicago time (22:00 GMT) ???

With Daylight Savings finishing here in Oz, and maybe kicking in elsewhere in the world, I wanna make sure i have the bar starting at the correct time.

Thanks,
Andrew.
  • #589
  • Apr 20, 2006 6:01am Apr 20, 2006 6:01am
So, Does a daily trend reversal pattern (blackdot) over ride a weekly momentum trend indication for deciding trend for a 4 hour vwb trade? Look at GBPUSD. Oh please Oh please.... thanks scott

We also have a break of the Daily open range to the down side...

Also it just broke through the Neutral line.
  • #590
  • Apr 20, 2006 6:07am Apr 20, 2006 6:07am
I am in long on USDCHF just above the 1.2740 Resistance/support line...I think it has finally turned the corner.

Expecting my Sell Stop to hit on EURUSD at 1.2312 very soon...

wheee!
  • #591
  • Apr 20, 2006 6:12am Apr 20, 2006 6:12am
Quoting smjones
So, Does a daily trend reversal pattern (blackdot) over ride a weekly momentum trend indication for deciding trend for a 4 hour vwb trade?.
Yes.
  • #592
  • Apr 20, 2006 6:18am Apr 20, 2006 6:18am
Yea I kinda thought so. Looks good, but I think I will set a stop sell order and let the price come to me... Besides, The Magic 8 Ball Says it's a go...

SMJ


Quoting WTB
Yes.
  • #593
  • Apr 20, 2006 6:27am Apr 20, 2006 6:27am
Quoting smjones
Yea I kinda thought so. Looks good, but I think I will set a stop sell order and let the price come to me... Besides, The Magic 8 Ball Says it's a go...

SMJ
How are you coming by your stop on the daily data, SMJones?
  • #594
  • Apr 20, 2006 6:34am Apr 20, 2006 6:34am
Well, I am glad you asked this question, because I specifically asked Dial if I could talk about it and he said go ahead.

I place my order to enter the trade 30 to 40 pips below the neutral line.
The neutral line is a line drawn horizontally from the close price 8 bars back, to the present bar. When price crosses that line, the 8MA will change direction on that very close. So it is a headsup, so to speak. So by placing the order 30 to 40 pips beyond the line. It gives good insurance that indeed price will stay in the area that the 8ma will change at upon close...

Thanks SMJ


Quoting mwhalber
How are you coming by your stop on the daily data, SMJones?
  • #595
  • Apr 20, 2006 6:35am Apr 20, 2006 6:35am
Or did you want to know how I set my stoploss?




Quoting mwhalber
How are you coming by your stop on the daily data, SMJones?
  • #596
  • Apr 20, 2006 6:36am Apr 20, 2006 6:36am
Quoting smjones
Well, I am glad you asked this question, because I specifically asked Dial if I could talk about it and he said go ahead.

I place my order to enter the trade 30 to 40 pips below the neutral line.
The neutral line is a line drawn horizontally from the close price 8 bars back, to the present bar. When price crosses that line, the 8MA will change direction on that very close. So it is a headsup, so to speak. So by placing the order 30 to 40 pips beyond the line. It gives good insurance that indeed price will stay in the area that the 8ma will change at upon close...

Thanks SMJ
Cheers!! Looking into it now...

:0)
  • #597
  • Apr 20, 2006 7:43am Apr 20, 2006 7:43am
smjones, just wanted to thank you for your generosity in sharing that info with us (thanks to dial also). Appreciated VERY much.

Greg
  • #598
  • Apr 20, 2006 7:56am Apr 20, 2006 7:56am
Quoting smjones
Or did you want to know how I set my stoploss?
No, the buy-stop was what I was after....thanks much...I set mine to 1.7790 (a bit less for confirmation of the trend...)

I have a stop-loss on the trendline above the current bar...What about you?


Thanks again!
Mike
  • #599
  • Apr 20, 2006 8:01am Apr 20, 2006 8:01am
Well first off, I have set a sell stop entry order , because I am thinking short on GBPUSD.
It has not activated yet. I also set my stoploss buy close just beyond a Trend line.

I am at 1.7785 so we will see...
SMJ


Quoting mwhalber
No, the buy-stop was what I was after....thanks much...I set mine to 1.7790 (a bit less for confirmation of the trend...)

I have a stop-loss on the trendline above the current bar...What about you?


Thanks again!
Mike
  • #600
  • Apr 20, 2006 8:02am Apr 20, 2006 8:02am
Quoting smjones
Well first off, I have set a sell stop entry order , because I am thinking short on GBPUSD.
It has not activated yet. I also set my stoploss buy close just beyond a Trend line.

I am at 1.7785 so we will see...
SMJ
Sorry, sell-stop was what I meant!

That is basically what I am doing as well...
0 traders viewing now