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lawgirl21 replied Sep 20, 2010Do you actually count pips away from the lines? I don't. Look at USDCHF for potential long trade. Triangle formed. PA hit TL at least 3 times. COUNTERTREND trade though, so extra care should be given.
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 20, 2010
USDCAD — This is the other trade I took last night and am now out with +32 pips. Wish I had stayed in longer. This was a range bound trade that could not break through the resistence area (blue line). We have been talking about this pair and ...
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 20, 2010
I took that trade last night as a channel trade, but it did have 3 taps when I took it. I am out of it now with +38 pips. I also took the NZDUSD trade long last night because of the triangle. Out of it now with +20 pips. Both of those trades were "3 ...
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 19, 2010
We'll have to watch and see..but I'm not seeing a short trade here.
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 19, 2010
"Be enough" I love it! I wish! No, it means "break even" which means I cannot lose money on the trade..I may not make money, but I can't lose it either. Post your chart and let's look at it.
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 19, 2010
Longer TFs are long....so that is the bias right now.
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 19, 2010
I see that you are looking at the triangle..good. You could be right. We need to check out the longer TF directions. Weekly is not reliable on a Sunday night so I skip it and look to the monthly, daily and H4.
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 19, 2010
Sorry....I misread..looks more like long to me.
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 19, 2010
Oh..you are in UCAD?..I'm waiting on that one. I'm in ECHF....who's on first?
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 19, 2010
UCAD is having trouble at the 1.0340 resistence level.
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 19, 2010
No, I should have waited my my 6:00p.m. candle change and watched PA a little longer.
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 19, 2010
I like UCAD more as a breakout trade...but a pip is a pip...
Trendline Scalping 4hr timeframe
- lawgirl21 replied Sep 19, 2010
Looks like a good set up for a long to me. On my watch list.
Trendline Scalping 4hr timeframe