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Backing Trades Thru Charts

  • #6,441
  • Edited 3:56pm Sep 28, 2012 3:36pm | Edited 3:56pm
Hi TLC,

EU could happen at same time as your eur/jpy (which also has 99.00 round number).
i also have a nice EW count for EU, i will post it if you are interested.

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  • #6,442
  • Oct 3, 2012 8:54pm Oct 3, 2012 8:54pm
Quoting longshot_nl
Hi TLC,

EU could happen at same time as your eur/jpy (which also has 99.00 round number).
i also have a nice EW count for EU, i will post it if you are interested.

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Sure LS, thanks for sharing
  • #6,443
  • Oct 3, 2012 8:55pm Oct 3, 2012 8:55pm
Quoting TheLastCoke
AUD/CHF

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AUD/CHF At entry range

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  • #6,444
  • Oct 7, 2012 5:23pm Oct 7, 2012 5:23pm
AUD/CAD

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  • #6,445
  • Oct 8, 2012 6:08am Oct 8, 2012 6:08am
AUD/JPY

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  • #6,446
  • Oct 8, 2012 6:59am Oct 8, 2012 6:59am
GBP/USD Bulls may try to step in at this level

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  • #6,447
  • Oct 8, 2012 7:22am Oct 8, 2012 7:22am
Forgive me if this has already been posted. Anyway this reversal pattern looks interesting.

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Gone to a better place
  • #6,448
  • Oct 8, 2012 9:45am Oct 8, 2012 9:45am
Quoting smikester
Forgive me if this has already been posted. Anyway this reversal pattern looks interesting.

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Hello there Smikester, I used 200 SMA and EMA but none seems to be yours, what MA did you use?
  • #6,449
  • Oct 8, 2012 9:51am Oct 8, 2012 9:51am
Quoting TheLastCoke
AUD/JPY

Attachment
AUD/JPY Perfect Performance so far, SL to BE

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  • #6,450
  • Oct 8, 2012 3:29pm Oct 8, 2012 3:29pm
Quoting TheLastCoke
AUD/CAD

Attachment
AUD/CAD SL to 0.25% = 30 Pips

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  • #6,451
  • Oct 8, 2012 4:13pm Oct 8, 2012 4:13pm
Quoting smikester
Forgive me if this has already been posted. Anyway this reversal pattern looks interesting.

Attachment
EUR/GBP I found this nice confluence point, TL + 38% Fib. I'm Short already with 0.5% risk.

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  • #6,452
  • Oct 8, 2012 4:21pm Oct 8, 2012 4:21pm
Quoting TheLastCoke
Hello there Smikester, I used 200 SMA and EMA but none seems to be yours, what MA did you use?
That is the 200 DSMA. But perhaps I didn't explain too clearly. I expect the reverse head and shoulders to play out on the daily, perhaps after some shenanigans at the neckline/200dma area. Here is a clearer chart:

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Gone to a better place
  • #6,453
  • Oct 8, 2012 9:49pm Oct 8, 2012 9:49pm
AUD/JPY BEFORE:

Quoting TheLastCoke
AUD/JPY

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AUD/JPY AFTER, Currently +70

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  • #6,454
  • Oct 9, 2012 8:02am Oct 9, 2012 8:02am
Quoting TheLastCoke
EUR/GBP I found this nice confluence point, TL + 38% Fib. I'm Short already with 0.5% risk.

Attachment
EUR/GBP Showing some rejection, SL updated to -15 Pips. See closer look

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  • #6,455
  • Oct 9, 2012 8:26am Oct 9, 2012 8:26am
Longer term the monthly Eur/Gbp looks like this:

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Osma divergence tends to be magnified but on the monthly my back tests show it to be pretty reliable. So, I hope to play the daily reversal pattern after TLC has closed his shorts...
Gone to a better place
  • #6,456
  • Oct 9, 2012 10:30am Oct 9, 2012 10:30am
Quoting TheLastCoke
EUR/GBP I found this nice confluence point, TL + 38% Fib. I'm Short already with 0.5% risk.

Attachment

EUR/GBP Perfect Performance, SL to BE

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Click to Enlarge Name: eurgbp2.gif Size: 20 KB


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  • #6,457
  • Oct 9, 2012 2:09pm Oct 9, 2012 2:09pm
Quoting TheLastCoke
EUR/GBP Perfect Performance, SL to BE

Attachment

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But what about my longs?
Gone to a better place
  • #6,458
  • Oct 9, 2012 3:35pm Oct 9, 2012 3:35pm
Quoting smikester
But what about my longs?
EUR/GBP I might reverse at green level, it looks like a good place to take profit and join Bulls.

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  • #6,459
  • Oct 9, 2012 5:21pm Oct 9, 2012 5:21pm
AUD/CAD BEFORE:
Quoting TheLastCoke
AUD/CAD

Attachment
AUD/CAD AFTER, Currently + 45, SL to BE

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  • #6,460
  • Oct 10, 2012 9:44am Oct 10, 2012 9:44am
Quoting TheLastCoke
AUD/CAD BEFORE:

AUD/CAD AFTER, Currently + 45, SL to BE

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AUD/CAD Currently +90, SL to +30

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