Well said Good Lookin.
Cheers.
5/6 candle swing low swing high Indicator 5 replies
Swing high / Swing low indictator+alert? 20 replies
High probability trade setups for day trades and swing trades 4 replies
Swing highs and swing lows 3 replies
swing high/swing low indicator and volume tic history 13 replies
DislikedThis is my contribution to trades for the week. Any discussions or other trade setups ready to go welcome. EURUSD: spike caused by us news bounced of the 38 fib retracement, just below the 100 day moving average. Since then a long bearish wick was formed and price has started the retracement. Short opportunity ideally in the blue area or before price retraces further down targeting 0 fib retracement. {image}Ignored
DislikedThis is my contribution to trades for the week. Any discussions or other trade setups ready to go welcome. EURUSD: spike caused by us news bounced of the 38 fib retracement, just below the 100 day moving average. Since then a long bearish wick was formed and price has started the retracement. Short opportunity ideally in the blue area or before price retraces further down targeting 0 fib retracement. {image}Ignored
Disliked{quote} I was short UJ a couple days ago but it went no where fast so i got out. Im still looking to get short again, but it seems like its a mess right now and im seeing a possibility of a rise to 115-116 before it falls off the cliff Pink lines illustrate the possible triangle consolidation/pink hash line showing possible bull flag within the triangle Are you seeing something different? If so, can you please drop a chart so i can get a different view? Or anyone else for that matter.Thanks {image}Ignored
DislikedMy long term and medium term analysis on the GBP/JPY Long Term: In the first chart I have highlighted a H & S Pattern On The Daily Chart which shows a target to the 130.00 - 131.00 area. This is also the 161.8 extension target of the last move down. The PA has just retraced to fill in the Gap ( the pink area) which was caused by Monday 21/2 opening, which is also the 32.8 fib level of the last move down and not far from the neckline (163.6 area). The market has now filled in the gap, and hit the fib level, but because it is close to the neck line...Ignored
Dislikedar {quote} thanks for the analysis trend , much appreciated . I'm waiting for 2 daily downs before Implementing the "famous" addin pyramid follow the trend methodology , similar to what I implemented last week with 10 addins, will let you do the maths on the number of potential pips, something I failed to executive miserably due to distractions but still made good returns. Here is a diagram ,using human psychology retraces between the start and end of the Asian session, the Asian session being Green. Any thoughts on improving the process will be...Ignored
DislikedGJ clear mid-term uptrend emerging. recommended strat: buy back on pullbacks. GU is strong, yen weak, GJ to trade higher. 160.20-40 area to buy back any pullbacks TP1 163.20 TP2 164.40. Worth watching GU reaction @ 4120-4140. GU strong weekly close, also a decent buyback. 4140-60 area buy back pullback SL WP-20 pips, which is 4080 TP1 4260 TP2 4340. Just those 2 trades easy 400+ points this week.Ignored
DislikedGJ clear mid-term uptrend emerging. recommended strat: buy back on pullbacks. GU is strong, yen weak, GJ to trade higher. 160.20-40 area to buy back any pullbacks TP1 163.20 TP2 164.40. Worth watching GU reaction @ 4120-4140. GU strong weekly close, also a decent buyback. 4140-60 area buy back pullback SL WP-20 pips, which is 4080 TP1 4260 TP2 4340. Just those 2 trades easy 400+ points this week.Ignored
Dislikeddragon - gbpjpy this is what I tried doing last week . green = Asian , purple = European, blue is American , red is cross over between European and American. ideally would of bought all the retraces where the red arrows , averaged it in , sold end week with stop losses behind the trend line or bE to the average. do the maths how many pips ?? {image}Ignored
Disliked{quote} Put the 7 ema or sma on the hourly then buy/sell all the closing crosses.Ignored
Disliked{quote} Forex doesn't pull back on retracements, i.e. pull back on a pull back.Ignored
Disliked{quote} Forex doesn't pull back on retracements, i.e. pull back on a pull back.Ignored
DislikedHey gang, just got back home from the wedding. Gonna try and crank out the outlook after all...Ignored
DislikedHey gang, just got back home from the wedding. Gonna try and crank out the outlook after all...Ignored