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  • #617,261
  • Mar 28, 2012 8:00pm Mar 28, 2012 8:00pm
what is a trend line?
what does it really measure?
AVT INVENIAM VIAM AVT FACIAM
  • #617,262
  • Mar 28, 2012 8:10pm Mar 28, 2012 8:10pm
Quoting the redlion
what is a trend line?
what does it really measure?
A trend line is support and resistance measured with time?
Time turns trend. - W.D. Gann
  • #617,263
  • Mar 28, 2012 8:14pm Mar 28, 2012 8:14pm
This two week, and this few days, EURO's shorts is limited. And it has yet been on a down trend yet, been trading sideway and killing small stops. Better to build low long than to short this pair.
  • #617,264
  • Mar 28, 2012 8:16pm Mar 28, 2012 8:16pm
Short order at 1.3330 filled. SL at 1.3345 and TP at 1.3220 .
  • #617,265
  • Mar 28, 2012 8:20pm Mar 28, 2012 8:20pm
Quoting sidhujag
8180 how do u figure?
sorry bro visitor call in
8192 was last trade zone
8180 is old support and resist, I keep dragging her through, but when posted 1hr 200sma was in gentle arc, pa was start to kissing , 50 sma was more pronounced arc above rolling down in sync, and 12 sma was also arc down, had pierced the 50 at 45 degrees and 200sma at 42 degrees,
My calculation all 3 smas rolling over nicely with 200 in line with 8180, as say has been good s&r so if she was going to breach would be freefall for some good pips, she dropped straight into minor support 8149 31 pips not a truckload, but was quick, now watching retest this weeks open and possibly another attack at 8149

is sound lots a babble but I know what I mean is most important
If you are new to Forex? Say Goodbye to your account!!
  • #617,266
  • Mar 28, 2012 8:28pm Mar 28, 2012 8:28pm
Quoting the redlion
what is a trend line?
what does it really measure?
A trend line is a line of clothing that visualizes the trend.
For women for instances it measures the distance between the knee and the lowest part of a dress. Or the depth of a cleavage.
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  • #617,267
  • Mar 28, 2012 8:28pm Mar 28, 2012 8:28pm
Quoting Kowalczyk
Short order at 1.3330 filled. SL at 1.3345 and TP at 1.3220 .
Even though I still like the down side, we might have a large move up soon. I still have a short position though. I've skipped enough profitable trades for one week already.

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Long term and medium term are saying short. But short term chart is a buy???.
  • #617,268
  • Mar 28, 2012 8:30pm Mar 28, 2012 8:30pm
Long
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  • #617,269
  • Mar 28, 2012 8:32pm Mar 28, 2012 8:32pm
so no one can really give me any useful information or actually knows the purpose of using a trend line on a chart?

by the way, what is a chart? and what does it really measure?
AVT INVENIAM VIAM AVT FACIAM
  • #617,270
  • Mar 28, 2012 8:34pm Mar 28, 2012 8:34pm
Quoting the redlion
so no one can really give me any useful information or actually knows the purpose of using a trend line on a chart?

by the way, what is a chart? and what does it really measure?
I just gave you all the info about a trend line that you will ever need. A few posts back
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  • #617,271
  • Mar 28, 2012 8:36pm Mar 28, 2012 8:36pm
I hope PA doesn't linger too long at these levels close to 1.3333, coz if it does then too many traders will enter shorts and we'll get nasty stop hunting before it goes down.
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  • #617,272
  • Mar 28, 2012 8:37pm Mar 28, 2012 8:37pm
Quoting ForExtraPips
Ah, good point. Then "hopefully" after that third touch, it will go up. Thanks for the heads up. I appreciate your advice. Your comments make me think.
hahaha not quite, nothing garaunteed in forex but good rule of thumb is s&r is stronger than tl,s
if pa going up 1st touch is originator 2nd is 1st hint defenders is there 3rd rejection is confirmation defenders there, problem is by the time this all happen is no trades lol
I beleive s&r tl,s channels etc are good until they arnt.

The rule is different with candles 1st high is originator of high 2nd can defend ie double top, but 3rd tap is sometime ok maybe partial, but that rule of thumb is sell 2nd tap, wary or set buy just above to grab if 3rd tap or breach.

But as you now stop hunters is our enemy too, as must be calculated in too, so possible wait for breach then retest and rejection then enter, all depend on your faith in level and risk tolerance :nerd:
If you are new to Forex? Say Goodbye to your account!!
  • #617,273
  • Mar 28, 2012 8:37pm Mar 28, 2012 8:37pm
Quoting KillerWhale
I just gave you all the info about a trend line that you will ever need. A few posts back
  • #617,274
  • Mar 28, 2012 8:38pm Mar 28, 2012 8:38pm
Quoting the redlion
so no one can really give me any useful information or actually knows the purpose of using a trend line on a chart?

by the way, what is a chart? and what does it really measure?
What is also interesting: how do you reverse a trend when there is no trend?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #617,275
  • Mar 28, 2012 8:41pm Mar 28, 2012 8:41pm
Bears r in control waiting for gold selloff to lead way
  • #617,276
  • Mar 28, 2012 8:42pm Mar 28, 2012 8:42pm
Quoting KiwiTrada
hahaha not quite, nothing garaunteed in forex but good rule of thumb is s&r is stronger than tl,s
if pa going up 1st touch is originator 2nd is 1st hint defenders is there 3rd rejection is confirmation defenders there, problem is by the time this all happen is no trades lol
I beleive s&r tl,s channels etc are good until they arnt.

The rule is different with candles 1st high is originator of high 2nd can defend ie double top, but 3rd tap is sometime ok maybe partial, but that rule of thumb is sell 2nd tap, wary or set buy just above to grab...
Thank you.
Time turns trend. - W.D. Gann
  • #617,277
  • Mar 28, 2012 8:44pm Mar 28, 2012 8:44pm
I just went long to go for the ride with the sharks. tp @ 1.3349
Time turns trend. - W.D. Gann
  • #617,278
  • Mar 28, 2012 8:59pm Mar 28, 2012 8:59pm
Hi Guys,

Anyone as BUYER in Trade
My Review in HERE


G/L
Always looking the GREAT, never left GOOD Point...
  • #617,279
  • Mar 28, 2012 9:01pm Mar 28, 2012 9:01pm
Quoting Kowalczyk
Short order at 1.3330 filled. SL at 1.3345 and TP at 1.3220 .
tried a short @ 25..same sl...good luck
Patience, Emotion Control and Discipline.
  • #617,280
  • Mar 28, 2012 9:11pm Mar 28, 2012 9:11pm
Quoting johncen
tried a short @ 25..same sl...good luck
We might retest during European session. But so far, it looks strong.
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