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- Donkey replied Jul 14, 2015
No problem Gb.....I do think the TL on GJ looks cleaner on the 4Hr chart, with current candle trying to break Worth a watch. image
- Donkey replied Jul 13, 2015
I'm not a TL specialist by any means, but I prefer much more defined swing points when drawing TL's. I think the GBPUSD is a really good example of this right now (Chart), at least how I like to see them. I honestly don't see a very clean downward ...
- Donkey replied Jul 10, 2015
Hey GB...I will look for a chart or 2 over weekend to find examples, but a TL can change from acting as resistance to support and continue the trend. In your screen shot the upper TL is acting as resistance, Higher Highs. What happens if the TL is ...
- Donkey replied Jul 9, 2015
I take TTs, but not at TL, mostly at highly confluenced horizontal S/R zones - preferably at Round Numbers. So I would wait for PA in this case like you said, preferably a "reteset" something like I have marked on this chart. image
- Donkey replied Jul 9, 2015
I trade daily charts almost exclusively and did not trade the initial pattern break. I was actually hoping to see it consolidate in the pattern for a few more days. I will still watch the lower trend line and see if it holds as resistance.
- Donkey replied Jul 8, 2015
GBPNZD....entered at close of the 2 day BEOB. Will watch FTA closely and if it breaks through trail stops. image
- Donkey replied Jul 8, 2015
Nice trade...I actually took this one too as one of Mike's wick plays and exited around 95.3 for 98 pips on around a 70 pip S/L. Watch that 95 BRN if you're still in.
- Donkey replied Jul 7, 2015
USDJPY squeezing on daily...another one to watch. image
- Donkey replied Jul 7, 2015
Really hoping that pound continues to show weakness, at least down to BRN 185 on GBPJPY. I show confluence of 2 retracement levels, BRN, PPZ....I'll be watching this pair for the next few weeks for sure. image
- Donkey replied Jul 7, 2015
I have my trend lines drawn a little differently...in a pretty nicely formed channel. I'm currently thinking the BRN 1.5500 will provide resistance at least to the lower trendline. Not really an answer to your question, but a little different look ...
- Donkey replied Jun 3, 2015
Here's a pending order I have on EURO (Touch Trade). Nice clear PPZ on 4Hr. Round number at 1.1200. Space for a move up. We'll see what happens. image
- Donkey replied May 4, 2015
I don't really trade CHF pairs anymore, but looking at that descending Trend line and the strong previous support, likely resistance area you have highlighted certainly makes for a nice watch area. They look to possibly intersect at BRN 0.9500 which ...
- Donkey replied May 3, 2015
Hey GB. I will play a retrace a few pips under the previous bar low with stop above the BEOB. image
- Donkey replied May 1, 2015
Never too early to look at next week. I'm liking the BEOB on GBPJPY that is in confluence with the 64.8 fib and the 184 RN. Personally would have preferred this PA at 185.00 but think I'll likely short this pair to start the week. image
- Donkey replied Apr 23, 2015
USDJPY looks to be squeezing...watching this one closely, especially BRN 120 image
- Donkey replied Apr 22, 2015
You guys have found a real gem it seems!! He has a gift for sure. Can't wait to see what's to come with the new site.
- Donkey replied Apr 16, 2015
Thanks for the comment. I absolutely have no clue what I'm seeing on that chart outside of basic candle info, S/R etc. I'm guessing gaps come into play in these markets. In any event, I'm stoked about this section of content over at the PF and ...
- Donkey replied Apr 15, 2015
Hi Mike. Can't wait for the trade calls, can't wait to see how it plays out. I love your idea of the email/text blasts as part of the premium service. For those who trade mostly daily with a little 4hr thrown in there will be plenty of time to react ...
- Donkey replied Apr 1, 2015
Nice trading....I much prefer the outside bar to the pinbar anyway. I just saw it on my charts too. I'm not around 4Hr charts much so I miss most of those.
- Donkey replied Mar 13, 2015
Hi Wes. That trade was actually documented above. It was a 2-day BEOB at what I considered a highly confluenced area (retracement level, ppz, BRN of 90) that I was watching for a few weeks. Take a look at the notes/charts above and if you need more ...