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jupiter_peak replied Jun 18, 2008UC Yes!! — I am currently short. Although, I am not very sure if it's a break or just a bounce inside a smaller triangle.
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 18, 2008
actually, I like your triangle bettre than mine. It touches 3 points and makes it a more credible line. THnaks.
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 18, 2008
EU — I am getting an ascending wedge on EU.
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 18, 2008
EURJPY — Hey Aediaz, I am getting a weekly UTL/RES from weekly. I would say we are on hold or even going south as of now.
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 18, 2008
Triangle on USDCAD — I am getting a triangle in USDCAD H4. Can anyone confirm?
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 17, 2008
No trading opportunities... — I don't see any pairs that are tradable as of now. Everything very limited by S/Rs. Even GBPJPY had a possibility today but fell back inside the channel. Perhaps just cable to and from the support and resistance ...
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 16, 2008
EU — I am getting possible resistance @ 1.5560.
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 13, 2008
EU ;-) — Umairs, Cashed 70 pips south + 70 pips north and am currently in profit going south again. Remember that second support I told you about? Making "textbook" orders to and fro those two support(1st now resistance) lines. Maybe you are ...
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 13, 2008
Let me put it with images. — Hope you can undertand thrhough this drawing how do I use limit/stop orders. You can find a really complete explanation in Mr. Toshchakov's/Igrok book:"Beat the Odds in Forex Trading". But I think this image is ...
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 13, 2008
SECOND Support — Umairs, Like I said, there's another support @1.5317. Have a closer look at your 4H chart. You might experience price flatenning at tht level. I went short after the break, but I am long from that second support. I also placed ...
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 13, 2008
E/U double support — I am getting a very close second support that can be spotted from H4. The news were not quite able to make the price quite break that second support.
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 12, 2008
thanx — Hi Aediaz, Thank you so much for your advice!!I was beginning to have nighmares with all those lines. Here I attach a few charts "redrawn".
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 11, 2008
USDCAD hold area — Hi guys, I am getting some support inside a symmetrical triangle seen on USDCAD. I am not sure if it's a continuation pattern or a reversal one. Lets see. Iam still short.
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 11, 2008
Cable, UC and EU — Hey guys, I am also trading these. Long on Cable; Short on U/C; Long on E/U Here are the charts.
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 11, 2008
USDCAD bounce — Here are my H4 and D1 charts for USDCAD. I am going short for the moment. I have noticed that some pairs pay alot of "respect" pivot lines. USDCAD is one of them.
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 11, 2008
U/J — Hi guys, I am a bit sick these last couple of days, flu, fever... You all know the drill! Well, I presently going south on UJ. We had an earlier break that didn't pay off. The weekly UTL kept rebuilding. So, I guess we have a bounce from ...
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 10, 2008
UJ Break? — Hi folks, Hope this one actually makes through. It has all the ingredients to do so. Price "hit" the monthly/weekly LTLs on 17/03/2008. It has been channeling upwards since. Although we have strond dowards trend (monthly/weekly), I ...
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 10, 2008
Bump and Run — Classic example of "Bump and Run".
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 10, 2008
I did accept my loss — Hey guys, it sounded to you that I didn't accept my loss...
I did, because I use the "bump & run" strategy where a line devides the trading space in two... So I always have a reversal order ready along with the stop ...Drawing correct resistance and support-lines
- jupiter_peak replied Jun 10, 2008
U/J — I am looking at UJ very carefully...
Drawing correct resistance and support-lines