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Attachments: Looking For Trade Opportunities in Any Pair
Exit Attachments

Looking For Trade Opportunities in Any Pair

Keep an eye on this. This pair is on a HUGE support. So good for a big rebound or break!
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Stocktwit: LuisCarlos - twitter: @lcparodi
This is a good symmetry with head and shoulders... But in this draw I am not touching again the neckline. So there is three paths:

1. Now rebound.
2. Touch the neckline and rebound
3. Break the support and neckline

So first watch then act
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Stocktwit: LuisCarlos - twitter: @lcparodi
The support is almost done. So here are the paths could follow...
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Stocktwit: LuisCarlos - twitter: @lcparodi
After the break of the triangle, this pair is on a HUGE support...
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Stocktwit: LuisCarlos - twitter: @lcparodi
I took some profits in one position and then I opened other more higher. If everything continues as I am thinking I will close all @1.265/1.260, but could be done right now (@1.267) and then this (chart). Obviously if the market doesnt crack 1.260/1.258...
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Stocktwit: LuisCarlos - twitter: @lcparodi
H&S RSI CONFIRMATION. Look the first shoulder diverges with the head. Let see what happens
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Stocktwit: LuisCarlos - twitter: @lcparodi
Hi Guys,

I am new here, hope u guys don't mind. I am learning from experts.
Quoting Bomi
Hi Guys,

I am new here, hope u guys don't mind. I am learning from experts.
Welcome Bomi, in this forex community. If you have any query then you can asks here experienced member will assist you.
Hi, Im a new member, i made some silly mistakes so far and i'm looking for a simple trading strategy that doesnt involve purchasing expensive charting tools and systems, or does one exist? i have been trading the eur/usd only.
Quoting Scallywag
Hi, Im a new member, i made some silly mistakes so far and i'm looking for a simple trading strategy that doesnt involve purchasing expensive charting tools and systems, or does one exist? i have been trading the eur/usd only.
don't rely on system. it's you. tools are there to help you. don't let it drive you.
Quoting Scallywag
Hi, I'm a new member, i made some silly mistakes so far and I'm looking for a simple trading strategy that doesn't involve purchasing expensive charting tools and systems, or does one exist? i have been trading the eur/usd only.
Just keep practicing using different indicators till you find the ones you are most comfortable with. Then when you find them you are now ready to come up with your own strategies. Coming up with your own strategies will come natural its like a light bulb moment eureka moment. Then you must set rules or else your strategy wont work efficiently, the rules will change or be modified as you get use to your new strategy. But most importantly you have to take your time and keep on practicing, the learning curve is 3 years.
Quoting Luis Carlos

You must use these techniques to post a trade opportunity:

a. Trendlines
b. Resistances
c. Supports
d. Fibonacci
e. Head and Shoulders (use RSI to confirm)
f. Triangles
g. Flags
h. Wedges
i. Symmetries
j. Ws
k. Double and Triple tops or bottoms

No more.
That is it. Enjoy the thread.
Thanks to share these techniques. I have been used some techniques but rest will use now.
The h&s was a success.
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Stocktwit: LuisCarlos - twitter: @lcparodi
860 pips break!!!
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Stocktwit: LuisCarlos - twitter: @lcparodi
Nice trade Luis, did you catch it? How long that take? its a chachinger
"Millionaires don't use astrology, billionaires do"
Quoting OrionsWay
Nice trade Luis, did you catch it? How long that take? its a chachinger
I catched Aussie dollar, I did not catch the GN I was concentrated in other pairs. Just 15 trading days to move 860 pips..
Stocktwit: LuisCarlos - twitter: @lcparodi
Hey Carlos, what do you think of this EW drawing on the Daily EUR/USD? I know you talk about EW a lot and I don't even know what H&S is lol
How does one know when a wave is ending? The only things I know about EW are what I read on babypips.com at the school of pipsology :nerd:
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If this is correct, we are now in the A portion of an ABC correction. Thoughts?
Thanks and happy 4th of July!

-PW
Do what you are afraid to do -Emerson
  • Post #38
  • Quote
  • Last Post: Jul 1, 2012 6:17pm Jul 1, 2012 6:17pm
Quoting Pip_Warrior
Hey Carlos, what do you think of this EW drawing on the Daily EUR/USD? I know you talk about EW a lot and I don't even know what H&S is lol
How does one know when a wave is ending? The only things I know about EW are what I read on babypips.com at the school of pipsology :nerd:
Attachment 992410
If this is correct, we are now in the A portion of an ABC correction. Thoughts?
Thanks and happy 4th of July!

-PW
Hi man:

If you want to know more you can download a book here: http://www.forexfactory.com/showthread.php?t=369574

You are right to say that could be a A portion, but also could be the beginning of wave C or the correction is done. The problem with EW is you dont know exactly when the wave finishs. You can have some targets, but you dont know which one is the big one.

The wave 2 you have drew is not good wave 2 cannot be a wedge!!!
Stocktwit: LuisCarlos - twitter: @lcparodi
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