hi sorry about the last post i'm just learning how o send screenshots.
can anyone please tell me how to send one already opened instead of just showing the bb code
regards
kev
hi sorry about the last post i'm just learning how o send screenshots. can anyone please tell me how to send one already opened instead of just showing the bb code regards kev
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Hi Kev - sure.
Write your post and then click on "Upload from Device" below the this text box. Select the file/pic you want to upload and wait until it's loaded (not on the screen at this point). Can upload multiple pics, one at a time the same way.
Then when everything is ok, hit the "Post New Reply" button below and the post and pic should come up - that's all I do.
Hi Pharley sorry to be a pain in the but.
I have copied the bb code. pasted it into the reply box on your thread.
pressed the upload from this device.
A seperate box comes up at the side with all my computer stuff eg downloads my pc etc. but nothing showing the bb code or images.
Regards
kev
hi Pharley, can i have your support and resistance trading tools?
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Hi Timilehin,
I don't use any tools except my eyes. Quite often I flick between candles and OHLC bars - I tend to see levels better with OHLC, then draw them on the charts and wait for a trade.
Hi Pharley sorry to be a pain in the but. I have copied the bb code. pasted it into the reply box on your thread. pressed the upload from this device. A seperate box comes up at the side with all my computer stuff eg downloads my pc etc. but nothing showing the bb code or images. Regards kev
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Hi Kev - what's the bb code? I don't know what that is or copy it.
If you want to reply to a comment, use the Quote button - then that will appear at the top of your written post.
I thought I'd post something that I look for when price is trending, but then retraces for a while.
If you look at the pic below, you can see quite a few 1hr flip trades. But the bit I'm interested is the yellow trend line.
When price retraces for a while like this in an uptrend, I draw a trend line downwards - what I'm looking for is the first candle to close above that trend line. This gives me a hint that the retrace may be over. Then I draw a horizontal line at the top of that one and wait for price to break it, retrace and enter again. The trend has returned to the upside.
Looking for these things gives a chance to enter multiple times to really build the pips and $.
I should point out that more often than not, price can break a falling trend line like this one, then retrace to it. I'm picking the high of that movement and waiting for the break of that and retrace.
Some nice flip trade areas on GBPAUD yesterday - lots of these over the last few weeks. {image}
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Hi Pharley.
With the four flip trades you are showing do you stay in all the trades as they progress down, or do you come out of your first sell trade before entering your second sell trade.
I have got GBP/AUD as a sell trade this morning but waiting for an entry.
I'm waiting for a retrace up to 166.00 / 166.50 to sell.
Does this sound OK ?
Still trying to get images on to your thread, I'll try again when I get home
Regards
Kev
{quote} Hi Pharley. With the four flip trades you are showing do you stay in all the trades as they progress down, or do you come out of your first sell trade before entering your second sell trade. I have got GBP/AUD as a sell trade this morning but waiting for an entry. I'm waiting for a retrace up to 166.00 / 166.50 to sell. Does this sound OK ? Still trying to get images on to your thread, I'll try again when I get home Regards Kev
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LP
Hi that trade would have got me stopped out possibly twice once above 166.00 and 166.50.
I would be tempted to try and sell again at 167.50ish as the weekly trend is down and it looks to be somewhere near a 50% retrace.
Or I could be totally wrong, and have a lot more to learn lol
Regards
Kev
Hi Master Pharley, what do you think with below mu current GBPJPY, still counting..where do you think it would retrace?
Do i missed to put 2nd position on the 50% fib??
Where would i put my TP??
Hi Master Pharley, what do you think with below mu current GBPJPY, still counting..where do you think it would retrace? Do i missed to put 2nd position on the 50% fib?? Where would i put my TP?? {image}
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HI there,
Looks like you got a good trade in. I would have taken profit before the top of the previous swing high - see pic below. The pic shows the daily chart and where price has moved up to a previous swing high back in July. That's where I would have a target for all trades entered. We don't know what's going to happen when price gets to these levels, but for sure there will be some turbulence. So better to take the profits, especially after gaining 200+ pips and more if multiple entries were made.
This is why it's important to look at the bigger picture for targets - use the weekly and daily charts to see where price can go before it hits a problem/resistance area. You'll see on the chart that the last time price was at this level, it eventually fell over 1000 pips, so I'd be out and then wait to see what happens.
