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jupiter_peak replied Jun 3, 2008Inverted H&S in E/J — Hey Silverheat, I never usually look into this pair... Inverted H&S!!! (very rare) Looks like it's going up for now. I am long and taking profit at the weekly UTL... Hey, Aediaz, I noticed that you have a MACD setup ...
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 3, 2008
EU and UCHF perffect 50% retracements — Our strategy paid of perfect 50% retracements. Jupiter.
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 2, 2008
I am long... — Slowly picking up speed. Let's see where it takes us...
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 2, 2008
E/U trend resumption? — I see a double bottom on daily and H4 and possible trend resumption after the break.
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 2, 2008
Double Bottom @U/J — Going up? What do you guys think?
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 2, 2008
sell USDCHF at the bounce? — Classic Head & Shoulders! Going down!! Are u thinking a retrace to Fib 50%? Around neckline? Around 1.0380? At
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 2, 2008
UJ Countertrend break — Did anyone catch this one?
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 2, 2008
Yes, TP at R2 and let it bounce ar UTL — Hi silverheat, glad to see ya. I will TP at R2, let it bounce of the UTL and see what happens. If you want to know, I am currently SHORT at USDCHF and will take profit above the LTL. Will go long if it ...
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 2, 2008
Break of the Daily UTL @ USDCAD — Hey guys, I am long for now. Lets see if I can put my hands on a few pips...
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 2, 2008
Hi Gu, My house was out of enegy!! — Hi guys, Some Phone company is doing line repair jobs and I guess they messed up with the electrical system. My wwife and I stayed since yesterday afternoon and when I left home, justa few minutes ago, ...
Drawing correct resistance and support-lines
- jupiter_peak replied Jun 1, 2008
Hi Silverheat, I understand you are not an intra-day trader. So answering your question: I tend to place orders above the support lines or below them. (same for resistances) so in this case I would place 2 orders: Buy @ a few pips above the support ...
Drawing correct resistance and support-lines
- jupiter_peak replied May 31, 2008
You could be right. — I agree with you in some aspects. The main trend is very bearish since March 14. However, if you notice, the waves downwards are losing power and retracements are becoming stronger. If you look at the D1, you can observe ...
Drawing correct resistance and support-lines
- jupiter_peak replied May 30, 2008
Cable valid break??? — Hey guys, I spotted this one at the end of the day. Will GBP/USD take us to new heights? Reverse Head and Shoulders on Daily. I am getting a resistance on H4 @1.924 and R1 @ 1.929. If it breaks resistance and R1, then I ...
Drawing correct resistance and support-lines
- jupiter_peak replied May 30, 2008
Glad I closed the trade but... — I am glad I closed my short trade @ a -6 loss. But I still favor shorts because oil is under a very bullish trend. There's some news coming from Canada this morning. Lets see what happens.
Drawing correct resistance and support-lines
- jupiter_peak replied May 30, 2008
E/U and U/C — This is what I have for E/U and U/C... E/U - Support line- LTL @ 1.5485. Price couldn't quite break it. This could mean double tops movement could be over and we could head up with a double bottom (possibly)??? U/C - Finding some ...
Drawing correct resistance and support-lines
- jupiter_peak replied May 29, 2008
Got to have a etter look ALWAYS!! — Hi guys, Closed my short position with - 6 pips. Why, didn't pay attention to the D1 support bounce!! So I am not dure as of now if it will make a third wave down. If you notice, there's a double bottom at ...
Drawing correct resistance and support-lines
- jupiter_peak replied May 29, 2008
U/J double tops on daily. — Having an even better look. Looks like we have a double top pattern developing on daily. I guess we could head down after all.
Drawing correct resistance and support-lines
- jupiter_peak replied May 29, 2008
I start from D1 and sometimes go to 30min. — Hi Silverheat, Let me tell you how I do it. I start on the D1 compression and check the daily trend. I draw lines based on the general appearence of the trend. I lower to H4, H1 and sometimes M30 to ...
Drawing correct resistance and support-lines
- jupiter_peak replied May 29, 2008
U/J Not sure yet. — Price is still surrounding resistance at 105.53. We have a very strong uptrend. We just had a couple of bad news from Japan just now. But not that bad. Huuum.. Havinga better look, we've had 3 complete waves... So, we could ...
Drawing correct resistance and support-lines
- jupiter_peak replied May 29, 2008
Another double-top with a downwards movement!! — Hey Aediaz, Looks like we have great examples this week. Check this one out. I spotted it today but could not post it because I was too busy at the office. It seems to me we still have a last ...
Drawing correct resistance and support-lines