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- EntropyLad replied Mar 17, 2010
Here is my personal thinking: the daily USD/CHF had a TLC...as such, the only place to look for a LONG is the weekly chart. if the TLC happened on the H4, the only place to look for a long will be the DAILY. If the TLC happened on h1, the only place ...
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- EntropyLad replied Mar 17, 2010
Funny, i am planning to go short on USD/CHF. 1hour/15mins. chart attached. I will be interested in USD/CHF long at 1.0418 region. Oh yes, good work, yunero. Always impressive. Nice work too, shahroor, on your gbp/nzd trade. 1 HOUR SETUP CHART ...
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- EntropyLad replied Mar 17, 2010
The GBPCHF news comes in around 9:30am london time or (10:30am EUr TIME). No trade 2 hours before news. London open at 8am, frankfurst open at 7am LONDON TIME. You took the trade right before the news. the BPC actually happened at asian open. 7pm US ...
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- EntropyLad replied Mar 17, 2010
CAD/CHF daily/h4. good to keep an eye on... DAILY CHART image h4 TRIGGER CHART image
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- EntropyLad replied Mar 17, 2010
This is starting to piss me off..... First, it was EUR/NZD breaking out without a BPC to give me an entry: url Then, it was AUD/NZD breaking out, without a BPC to give me entry before the next RN. url Then, it is the EUR/AUD, without a BPC, just ...
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- EntropyLad replied Mar 17, 2010
Other candidates for TLC: daily charts. NZD/CHF USD/SGD USD/JPY GBP/CAD EUR/CAD AUD/USD
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- EntropyLad replied Mar 17, 2010
AUD/CAD too...the break of that daily pennant - TLC - will be glorious. image
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- EntropyLad replied Mar 17, 2010
Yes; hammer, inverted hammer, and bullish/bearish engulfing bar pattern. I also used the concept of three rising patterns and its variation in determining momentum. The most important thing is: where do the candlesticks occur.
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- EntropyLad replied Mar 17, 2010
I am. I am waiting on the daily TLC. I think it will be glorious. image
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- EntropyLad replied Mar 17, 2010
You have brass balls. Big swinging ones. My BPC didnt form under the inner 15mins trendline that i drew, the breakout of that trendline reached the 1.2906 already without a single P - C after the B. I cannot do anything. I have to let this one go. I ...
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- EntropyLad replied Mar 17, 2010
yunero, take a look at AUD/NZD, h4, what do you see between 1.2940 and 1.2930? I need a short bpc formation on the 15mins inner trendline, with the 1.2940 and 1.2930 area being respected. at least, the 1.2950 not seriously disrespected. I will ...
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- EntropyLad replied Mar 17, 2010
Well, for GBP/CHF, 1.6050 is my preference now. If the uptrend continues, it will become 1.6100
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- EntropyLad replied Mar 17, 2010
I will be interested in LONG position when it pullback to 138.00 -- 137.70 area. for GBP/JPY The 137.25 is also an area of interest for a 1, 2,3/bpc for me.
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- EntropyLad replied Mar 17, 2010
It was tempting...at 139.24? But....the GBP news just broke the GBPs to the upside with a vengeance...wary about any trade that may oppose that news.
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- EntropyLad replied Mar 17, 2010
I already sold the rest of my EUR/USD into that resistance. Anybody see anything? To shame, the EUR/NZD, gbp/chf and the eur/gbp DIDNT pullback enough...HECK, the news will probably renders any gbp trade untradeable anyways. Looking at the setups ...
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- EntropyLad replied Mar 17, 2010
well, all the GBPs are breaking out on the news...violent moves. TLC too.
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- EntropyLad replied Mar 17, 2010
EURNZD. h1. 1.9405. short. TT. Will also make a good, 1, 2,3/bpc later. Also, paulette, EUR.NZD from 15th of march, D/H4 short fits into what you were talking about...as the D/H4 trades progresses, you can see two more opportunities of H1/15MINS ...
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- EntropyLad replied Mar 16, 2010
I had an eureka moment today...now, i have crystal clarity about counter-trend trades. Not only that, it helps me in refining my PT for pro-trend trades.
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