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Arfer Daily replied Jul 29, 2010Of course you can make charts tell you anything you want to hear. Retest of the trendline and 38.2 fib level? Maybe we should sell now? lol
Silent Service Method
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Arfer Daily replied Jul 29, 2010I like trendlines on the weekly. I can only really see one valid downwards trendline on this chart at the moment and there are only two horizontal resistance levels between here and 1.45. What makes everyone so bearish the euro/usd anyway? Is the ...
Silent Service Method
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Arfer Daily replied Jul 28, 2010All sorted, major tiff, nothing more. Sorry to drama it a little. As you were chaps.
Silent Service Method
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Arfer Daily replied Jul 27, 2010Chris, this could well be my last post here, it's a wife thing, you'll understand... (ie I don't think we are any longer together!). I couldn't find a midget skateboarding on a bar, which pains me, but I like to think I left the thread with more ...
Silent Service Method
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Arfer Daily replied Jul 27, 2010Funny how time flies, in the back of my head I can remember that I probably learnt this from you last year! If there's anything else you know already that you want me to teach you (trendlines maybe?) then let me know. Remember though... keep an open ...
Silent Service Method
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Arfer Daily replied Jul 27, 2010Well I'm only trading weeklies at the moment and last week was a big doji. I want to see a close below the low of that doji before I sell. Of course a close above 1.30 would be a buy. I looked at buying usdchf last week but the 3sma kept me out of ...
Silent Service Method
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Arfer Daily replied Jul 27, 2010GbpUsd at 1.55 and EurUsd at 1.30. Someone once said (Jacko I think, maybe James16?) that price doesn't like support/resistance, it usually moves away from it pretty quickly, if it hangs around too long it usually means it's going to break. It'll be ...
Silent Service Method
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Arfer Daily replied Jul 26, 2010Whatever mate! I'm not going to argue with you and your obviously superior method for drawing trendlines which noone else on this forum has thought of, such as, er, connecting the highs of a downtrend. Maybe when I'm as experienced as you I'll be ...
Silent Service Method
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Arfer Daily replied Jul 25, 2010Well Sherlock Holmes, thanks for that. I would never have thought to draw trendlines connecting the highs or lows of an up or downtrend.
Silent Service Method
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Arfer Daily replied Jul 24, 2010Maybe they're all trading yearly charts now and will update you in December?
Weekly Trend Trading Method
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Arfer Daily replied Jul 24, 2010No worries, I realise you were only trying to help. Did you buy eurcad? I can see your reasons for possibly doing so but I didn't buy myself as I didn't like the weekly pa.
Silent Service Method
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Arfer Daily replied Jul 24, 2010Who said anything about 4 hour this that or the other? I'm trading from weekly charts and I'm not trading eurusd. Eurgbp is nowhere near 1.25 so where does all that come in? They let me out of the mental institution a long time ago, too weird for ...
Silent Service Method
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Arfer Daily replied Jul 24, 2010My entries are according to the ss method, weekly s/r combined with the right candle patterns and a bit of fundamentals. My exits are determined by the previous weeks pa. If it goes my way and looks right I'll add on and move the stop down and keep ...
Silent Service Method
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Arfer Daily replied Jul 23, 2010No, I'm in already. I can see why you might want to wait for the break of the low but I think it will go down next week so why not get in now and have the extra pips? Of course if it just goes up next week then I will look silly but I've long since ...
Silent Service Method
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Arfer Daily replied Jul 23, 2010I'm short eurgbp again from the weekly chart.
Silent Service Method
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Arfer Daily replied Jul 23, 2010Existing trades - NzdUsd went the wrong way. I thought about keeping it open to see if it held below the trendline and then went down but frankly I think I'm better of taking the loss and trading something else. UsdSgd is currently +58 pips. Not a ...
Weakly Trading
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Arfer Daily replied Jul 23, 2010Fair enough with all of that, I would never try to tell you how to trade, I know you know what you are doing.
Silent Service Method
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Arfer Daily replied Jul 23, 2010If it looks the same on the weekly chart tonight I'm taking that long. Gbpjpy looks similar but slightly less defined and the yen is too volatile, who knows what will happen next? I like the look of cadchf and cadjpy for longs too. Sgdjpy looks nice ...
Silent Service Method
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Arfer Daily replied Jul 23, 2010Pick a number between 3 and 400, put that MA on a chart and I bet you will find that it acts as s/r, whatever the number. The problem with MA's for s/r is that they aren't as reliable as they first appear, you can't really use the information. I'd ...
Silent Service Method