Desc. Channel — I see a desc. channel on UJ. A wide one. A "Hold" line from H1 was just broken... A bounce from the Channel UTL should send the price down. Cheers to all.

USD/JPY Discussion

Higher TFs and S/Rs — Hello Catalin, Let me say I like your drawing style and your approach. I also believe you might be overcomplicating stuff just a little bit. I would suggest that you look into higher TFs to look for major "S/Rs". Let me ...

Drawing correct resistance and support-lines

Hold area... — Maybe not today. Hold area observed in H1. It's a downtrend line... Forming a triangle. Later.

EURUSD

Cross Channel - Possible diamond — Like I posted yesterday night (ET), The cross channel (diamond) played like a charm. Cheers to all.

USD/JPY Discussion

Diamonds — Diamonds are usually reversal patterns. I had one, the other day (this week) on m15, but it came out as a continuation of the trend... But at the same day, I had a second one that reversed nicely. As any formation, it can fail from ...

EURUSD

Resistance — Well price just hit R1 and stalled. I am still long though...

EURUSD

Cross channel forming a diamond... — Remember the cross channels we had, forming a possible diamond and possibly a flag? Played like a charm...

EURUSD

nothing defined yet — EJ - Rising wedge towards an UTL (downtrend line) - Still making HHs and LHs. Nothing defined. Just when that wedge is broken we shall see a good ammount of pips. EU - Ascendind channel crossing a descending channel. Also ...

USD/JPY Discussion

Hold area and Ascending channel. — I am getting 'hold' area on H1. a downtrend line. Bulls are still up but fight between them has started. Need anothe LH to confirm downtrend. Cheers.

USD/JPY Discussion

3 possibilities — Well, I just added another but it shall have the same outcome. Possible flag. Cheers.

EURUSD

Cross channeling — I might be getting a diamond formation from crossing channels. Well I definetly have a "hold" area for that descending channel. I see three possible outcomes in a near future. 1. It indeed is a diamond it could reverse at ...

EURUSD

Another Diamond... — I might be getting lucky... Got to check this one... Looks very much like one... Observed on h1 and h4. Cheers to all.

Drawing correct resistance and support-lines

of course.... — I will try. See the picture below. Cheers.

USD/JPY Discussion

Lines — What do you mean? I just draw lines and look for formations. Cheers.

Igrok Method. Q's & A's. Comments, thoughts and ideas

"Hold" area for UJ — A new triangle has formed on the way up of this asc. channel. I might possibly be observing a diamond price pattern. (channel + last triangle + new triangle = diamond) Lets see how it plays out... Cheers to all!!

USD/JPY Discussion

Possible other one on UJ?? — I might be getting this one on UJ too... Cheers, Jupiter.

Igrok Method. Q's & A's. Comments, thoughts and ideas

yes... — Been long since 105.86.... Price channeling steadly towards resistance @ +/- 108.30.

Drawing correct resistance and support-lines

Pivot Indicator — This one seems very good for those who use MT4. url Does the daily calculation daily/weekly/monthly + mid pivots for you automaticaly. Cheers.

USD/JPY Discussion

108.30 — Been long since 105.81. Price channeling nicely and steadly. TP @ 108.30. Hopefullt if everything runs smoothly or Mr. Bush doesn't invade Iran or Venzuela... hehehehhehe

USD/JPY Discussion

I doubt.... — Like I usually say, anything is possible. Try not to predict the future, but trade from my lines. From what I see, only if that tringle is broken on the downside. Usually, triangles are continuation patterns. This is the Daily ...

EURUSD