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Weekly-Daily-4Hr System

  • #21
  • Jan 12, 2013 10:49am Jan 12, 2013 10:49am
EURJPY Overall Picture
http://clip2net.com/clip/m90706/1358...-clip-33kb.png


Trade Analysis:EURJPY
1. Trend Study (HH/HL or LH/LL or Side) : UP Monthly

2. Band Extreme Studied - Previous price behaviour on band extremes
Overshoot: Does price overshoot on earlier band extremes? (Y/N)
Inner Reversal: Does price reversal earlier from only the inner Band? (Y/N)
Outer Reversal: Does price reversal earlier from only the outer Band? (Y/N)
Inner/Outer Reversalrice Reversal on Inner and out Band previously? (Y/N)
If Yes: Then what conditions made the price reverse earlier from the inner band? Reason?

3. Resistence and Support Study
Double Pin Resistence? No
Dynamic Support/resistence:YES 8 EMA

4. Price Action Studied (4hr or daily)
Bullish False Break? YES - 4HR

5. Risk Management Studied - First Trouble Areas (noticed?)
FTA Range - 145

6. Trigger: Enter with risk/reward 1:1
Position: Long
Entry: 118.60
Stop Loss:118
Take Profit:119.65
Risk:Reward:1:1
Comments:Break of Bullish Fakey to top Buy Order :118.60

http://clip2net.com/clip/m90706/1358...-clip-13kb.png
  • #22
  • Jan 13, 2013 2:46pm Jan 13, 2013 2:46pm
Quoting adler
Trade Analysis: GBPUSD

1. Trend Studied : Weekly Up

2. Band Extreme Studied - Previous price behave on previous band extremes?
Overshoot: Does price overshoot on earlier band extremes? YES
Outer Reversal: Does price reversal earlier only from the outer Band? YES

3.Resistence and Support Study
Weekly Extreme Buy? Yes
Double Pin Support? Yes

4. Price Action Studied (4hr or daily)
Bullish Pin (from PA notes 1-6)? YES 4HR
Bullish False Break? YES (Previous swing)...
Trade Entered based on prior Analysis for 1:1
Position: Long
Price Action: 1 HR PIN
Entry: 1.6130
Stop Loss:1.6100
Take Profit:1.6170
Risk:Reward:1:1

http://clip2net.com/clip/m90706/1358...-clip-18kb.png
  • #23
  • Jan 14, 2013 12:43am Jan 14, 2013 12:43am
http://clip2net.com/clip/m90706/1358...-clip-16kb.png
Quoting adler
Trade Analysis: AUDUSD
1. Trend Study (HH/HL or LH/LL or Side) : Weekly - Up
2. Band Extreme Study - How Previous price reacts on band extremes?
Mixed Reversalrice Reversal on Inner and out Band previously? YES from both inner and outer but from Inner when on COP occurs

3. Resistence and Support Study:
Double Pin Support? YES on 1.05330 - 1.05335

4. Price Action Studied (4hr or daily)
No PA YET YES

5. Risk Management Studied - First Trouble Areas (noticed?)
FTA Range - 1.05775
FTA Below 1: 1 (Y/N) - Note: please do not enter the...
Trade Entered based on prior Analysis for 1:1
Position: Long
Price Action: 4 HR PIN
Entry: 1.5530
Stop Loss:1.5219
Take Profit:1.575
Risk:Reward:1:1
  • #24
  • Jan 14, 2013 1:15am Jan 14, 2013 1:15am
Quoting adler
Trade Analysis: USDCAD
1. Trend Study (HH/HL or LH/LL or Side) : DOWN

2. Band Extreme Studied - Previous price behaviour on band extremes
Overshoot: Does price overshoot on earlier band extremes? YES
Inner/Outer Reversalrice Reversal on Inner and out Band previously? YES (Inner on change of polarity)

3. Resistence and Support Study
Close to Weekly Channel Extreme Sell? No
Close to Weekly Channel Extreme Buy? NO
Double Pin Support? YES = 0.98257
Dynamic Support/resistence: YES rejecting 21/8 ema

4. Price Action Studied (4hr...

Sell triggered:
http://clip2net.com/clip/m90706/1358...-clip-21kb.png
Trade Entered based on prior Analysis for 1:1
Position: Short
Price Action: 4 HR PIN
Entry: 0.98348
Stop Loss: 0.9855
Take Profit:0.9800
Risk:Reward:1:2
  • #25
  • Jan 22, 2013 11:17pm Jan 22, 2013 11:17pm
Hello Adler

How are you mate?
I told you that I will be posting my analysis on different time frames and currencies here it is just check it out and let me know what you think this is my opinion on GBP/USD on D1 for the current situation and I think the GBP is looking for a pullback
Quote
Gain or lose there is always a winner that is the market
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 33 KB
Gain or Lose there is always a winner named Market!!!
  • #26
  • Jan 22, 2013 11:28pm Jan 22, 2013 11:28pm
I think the over all pattern is ascending triangle and the rising support line on the triangle is broken with a double top formation over 1.6262 but in my opinion once the market breaks a particular level it has to retrace or else it is a fake break so when it breaks the rising support line on the triangle it has convert the break or past support to resistance

Trade Idea
Buying on the pullback

Buy stop at 1.5886
SL at 1.5795
1% Risk on the trade

Take profit will be updated once the position is on
Quote
Gain or lose there is always a winner that is the market
Gain or Lose there is always a winner named Market!!!
  • #27
  • Jan 23, 2013 1:08am Jan 23, 2013 1:08am
Here is my another analysis on GBP/JPY D1 time frame based on price action and gives the confirmation on trend change

Trade Idea

Sell stop at 139.11
Stop loss at 141.37
1% risk on the trade

TP will be updated once the position is on
Quote
Gain or lose there is always a winner that is market
Attached Image (click to enlarge)
Click to Enlarge Name: guppy.gif Size: 26 KB
Gain or Lose there is always a winner named Market!!!
  • #28
  • Jan 23, 2013 1:10am Jan 23, 2013 1:10am
Another confimation on GBP/JPY pure candlestick analysis which gave me a good confirmation with gaps and reversals candlesticks
Quote
Gain or lose there is always a winner that is market
Attached Image (click to enlarge)
Click to Enlarge Name: guppy 2.gif Size: 27 KB
Gain or Lose there is always a winner named Market!!!
  • #29
  • Jan 23, 2013 4:45pm Jan 23, 2013 4:45pm
Hello Mate

Keep going with your analysis. Very intresting

Here is mine
http://clip2net.com/clip/m90706/1358...-clip-23kb.png

Trade Entered based on prior Analysis for 1:1
Position: Short
Price Action: 4 HR Dark Cloud
Entry: 140
Stop Loss: 141
Take Profit:138.3
Risk:Reward:1:1
  • #30
  • Jan 23, 2013 5:12pm Jan 23, 2013 5:12pm
http://clip2net.com/clip/m90706/1358...-clip-21kb.png
  • #31
  • Jan 23, 2013 5:38pm Jan 23, 2013 5:38pm
Hi Adler

Nice thread, much helpful to me.
If you can use Upload Attachment to load charts, instead of Insert Picture, much better I think. Attached your charts can't be shown.

Interesting on the thread, please go on.

Rgs
  • #32
  • Jan 24, 2013 12:23am Jan 24, 2013 12:23am
EURUSD VIew
Attached Image (click to enlarge)
Click to Enlarge Name: 1359015685-clip-66kb.png Size: 66 KB
  • #33
  • Last Post: Apr 21, 2013 2:56am Apr 21, 2013 2:56am
Excellent progress, keep it up.
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