I've had a rough day trying to get to grips with the way you take these. Did you take that one on the way up (on first touch) and suffer the drawdown or did you wait for the way down and enter as it passed? Or was this a pin-break trade rather than ...

james16 Chart Thread

Here's my 4h on EURGBP:

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Well played. I'm thinking wait for a pullback and look to see some PA showing the trendline as support and then jump in short - it's with the macro trend. That said there seems to be a PPZ in the range 1.0400 to 1.0450 so we might yet see price just ...

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Sorry, it's EUR/GBP as you surmised although it's more of a charting question than any specific pair. I've redrawn the trendline about 10 times now most of the time my charting package seems to get it right - the daily trendline on lows matches what ...

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Has anyone had this problem - where a trendline on the daily doesn't match up with the 4hour, or in this case the 1hour? Not broken on the daily but clearly broken on the 1hour: Edit: Note this is a single trendline on my software, I've not drawn ...

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Thanks Ben. I've suddenly come into a lot of time what with being made redundant and all so I'm going to look to try and take a few of these because, as you say, the RR makes sense! I guess the other question to ask is - what's your target on this? ...

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Benji, Talking about your USD/CAD, what stops would you use for your touches off them trendlines? Did you get stopped out on the previous test of the lower one that spiked through?

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Yeah I saw it rush away and reckoned you easily got BE and potentially a few pips to boot. I saw the pin on my charts but passed it by as I'm still learning all this hence all the questions!

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Scot, Can you tell me some more about the analysis you did for this trade please? I see it was off the 365 and a round num 1.50 with the 150 giving additional support. Did I miss anything? What are your targets on this one?

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I found this piece of advice handy. Although I check out tons of charts each night it's good to have a list of those that are worth a closer look and why. If you're waiting for PA on EURCHF daily I guess you must be very patient?! Or do you look at ...

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Excellent analysis thanks Clarkson. I'd gone to bed and decided to place an order before I saw your reply or I might have reconsidered - it ran all the way to 1.00 before reversing just like you anticipated. I'm still in it as I'm still seeing ...

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Hey Benji good to see you again! This is all new to me but am I interpreting your charts correctly - you're looking to take touch trades if price hits the trendline and the ppz at more-or-less the same time?

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I saw the swissy too. I would love to hear what you made of it. I guess it would be a short-term as it's into traffic but I guess there's more to why you avoided it than that.

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Thanks Dan, supremeChaos for your opinions I lost both of my AUDs too Fortunately I scaled out of the positions and only took full bar loss on 50%.

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I know there is no Right or Wrong, I just wondered, Which oscillator do people prefer to use to look for divergence?

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EURCHF looks like it's winding itself up very tight. Does anyone think there potential for a breakout here, or is the nature of EURCHF to be rangebound and any movement would more than likely be a fakeout?

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Still holding them AUDs Anyone else?!

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What do people make of Cable at the moment? This is a 2 day chart, showing a pin (Fri/Mon) off 38.2% Fib, with the 150EMA floating below but more importantly the big 1.65 level providing support. Tradeable?

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Pins on the daily AUD/CHF and AUD/EUR (or EUR/AUD if you prefer ) which have noses on the 61.8 Fib. Anyone thinking of trading these?

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This is a EUR/GBP 2 day chart showing a 2bar pin (or a 4day pin if you will). The 50% Fib is showing support. A break upwards would also be a break of the downward trendline. The second bar is an inside bar. This, to my untrained eye, is a tradeable ...

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