First of all, i am not a very experienced trader. I get my info from this forum, from youtube movies and from trial and error. But you can judge for yourself what to do with what i am saying. If you can't accept truth, you can't trade. Anyways i ...

Backing Trades Thru Charts

break 1m timeframe EU — break 1m EU.. I like the lines drawn here so i thought i'd post it. Edit: Was fakeout. Edit: Added 2nd pic. Look at little area of confluence. While typing it bounced from there 5 pips and then made a small H&S.. Its ...

Backing Trades Thru Charts

lol prediction. — haha.. Why the name longshot..? Maybe a prediction like this gives a clue. I am just long with a small position. If i hit the bulls-eye i go short with my whole account.

Backing Trades Thru Charts

I found this too.. veeeery interesting.. This bounce with the white line is now... If it wants to break, its got to make a H&S.. thats what i think.

Backing Trades Thru Charts

I favor this scenario too. I have the feeling it will go down again to 1.19 / 1.20 because this double bottom happened before. But i don't trade on feeling. So i trade day by day, week by week, keeping this in mind. I will load up longs on an ...

Backing Trades Thru Charts

EU in a flag? — Omg!!! EU might be in the middle of a flag before the USD falls..? I like this scenario very much... because of technicals of course.

Backing Trades Thru Charts

Opposite longer term scenario EU — Opposite longer term scenario EU Although the two can be combined, first my first charts target and then this. According to this scenario the USD will become worth more then the euro. I don't think so... but ...

Backing Trades Thru Charts

Daily chart yellow channel? — Look what i found in the E/U on the daily and weekly charts zoomed out. Could it be?

Backing Trades Thru Charts

Thanks nice chart the 2nd one, will take that trade. This here is my prediction on EU this week. T1 as described in This post and this post as confirmation T2 as described in This post T3 is pullback to neckline. T4 is 50% fib of up move.

Backing Trades Thru Charts

I read some of TLC's messages about pennants and made one of my own. This pennant goes agains my strategy of confluince areas. I am looking for more strategies to confirm my existing and instead they point in another direction. But it is good to get ...

Backing Trades Thru Charts

Hey TLC what do you make of this? I didn't notice it before.. It gets complicated if the H&S in my previous chart is completed doesn't it. The confluince area is below the pattern. So i want to ask: Is it valid and can the right triangle be ...

Backing Trades Thru Charts

I found this area of confluince. Sorry for big pic but thats how fits. 2nd Pic is possible H&S scenario. We know soon enough.

Backing Trades Thru Charts

Thanks for your reply, good to know. I develop my backtester / robot further then.

Can one have good income by programming indicators??

Interesting possible scenario. When the first up side down H&S completes, the 2nd can also. The resistance levels are there..

Backing Trades Thru Charts

TLC: I will try to improve my charts coming period to make the thread even more perfect. I see this here though, EU. And zoomed out confluence area.

Backing Trades Thru Charts

wouldn't be the first time i miss a trade by 2 pips..

Backing Trades Thru Charts

I go long @ 1.28 and retest of this break. This channel found to my target. Wil become wider but direction is right.

Backing Trades Thru Charts

Am seeing confluince here. Will form up side down H&S? we'll see....

Backing Trades Thru Charts

Am seeing some confluince here.

EURUSD