FX Technical Analysis

This forum is focused on Technical Analysis for all major pairs.

Feel free to post on this forum with a chart showing your technical analysis and trade predictions.

Let us aim to learn from each other, and keep the thread clean!

EU 1H trend line. Not sure if trend line should be drawn on gaps

USD/CAD is at the bottom of the 1Hr channel, which also is a short term support area.

I will look for a bullish signal on the short term on this pair and enter long

1H trend line...

Today' statement on EA from myfxbook

RTFX AUD/USD
Elliott: flat correction up 0.9917
There are initial signs of a good corrective recovery towards 0.9898 or even 0.9946. Supports at 0.9825 and 0.9801 zone.


Rob Booker
AUDUSD sitting on .9700 support, someone give it a magazine or something: http://bit.ly/KTwMHK

Sell range 1565-1567 Take Profit 1555 Stoploss 1570

Buy range 1545-1547 Take Profit 1560 Stoploss 1542

GBP/JPY short trade. Opened just at the top of the channel

Stop just above DP

EDIT - The trade was successful and hit my target. +35 pips

UC consolidating nicely on 5M. I will look to trade this on break out

EDIT: This pair broke to the upside and I entered the trade. My target is R1

EDIT 2 - Hit my target!

...

I am looking to trade breakout of this consolidation. Might move toward DP

I just entered this short trade on AU 5M. The pair broke the channel with very high volume and a bearish engulfing candle. Could very well reach my target

Bought some EU

why dont you start this thread again???

For identifying any valid trend line, need minimum 2 touches! Only one touch is not enough actually!