Edit Your Comment
Rsi Breakout
Členom od Aug 06, 2009
397 príspevkov
Feb 17, 2010 at 17:10
(upravené Feb 17, 2010 at 17:10)
Členom od Aug 06, 2009
397 príspevkov
biz0101 posted:
similar channel in eurusd which suggests a bullish movement in the usd:
<a href='' target='_blank'><img src=''/></a>
the eurusd has reached a cross road:
<a href='' target='_blank'><img src=''/></a>
however, judging by the rapid down move (with practically no retraces), i would say the minor support won't hold it and it would continue down to break the low of 1.3533.
Sleep is for the weak.
Členom od Aug 06, 2009
397 príspevkov
Feb 18, 2010 at 09:42
(upravené Feb 18, 2010 at 09:42)
Členom od Aug 06, 2009
397 príspevkov
biz0101 posted:
sold gbpusd again:
<a href='' target='_blank'><img src=''/></a>
price has completed the channel - i've got out with about +240 pips (+180, +60) with this move. i've also closed the usdcad position for +5 since it doesn't look good.
not sure at the moment how will the gbpusd continue - if it goes down, i'll wait for a retrace - might try a long one but need to see first the usd weakening on other pairs.
Sleep is for the weak.
Členom od Aug 06, 2009
397 príspevkov
Feb 18, 2010 at 10:10
(upravené Feb 18, 2010 at 10:10)
Členom od Aug 06, 2009
397 príspevkov
ok, entered a long in the gbbusd:
<a href='' target='_blank'><img src=''/></a>
we have a double support - one of the new uptrend channel and another of the large downward channel (resistance becomes support).
also it does look like the usd is weakening in the other pairs.
i've placed a tight sl at 1.55 just in case i'm wrong..
<a href='' target='_blank'><img src=''/></a>
we have a double support - one of the new uptrend channel and another of the large downward channel (resistance becomes support).
also it does look like the usd is weakening in the other pairs.
i've placed a tight sl at 1.55 just in case i'm wrong..
Sleep is for the weak.
Členom od Aug 06, 2009
397 príspevkov
Feb 18, 2010 at 11:40
(upravené Feb 18, 2010 at 11:40)
Členom od Aug 06, 2009
397 príspevkov
closed the recent gbpusd for +1 pip. after some more observation, it looks i haven't drawn the support/resistance levels well, so the setup is just too risky, also looks like the eurusd isn't going to stop dropping so i prefer the short side - will wait for an entry.
Sleep is for the weak.
Členom od Aug 06, 2009
397 príspevkov
Feb 24, 2010 at 16:06
Členom od Aug 06, 2009
397 príspevkov
not much to update here - managed to get another 100 pips on the eur drop in friday, although haven't had the time to post the setup..
price is currently in a tight range with no clear direction as usually happens after strong moves.
waiting for price to resume its movement each way..
price is currently in a tight range with no clear direction as usually happens after strong moves.
waiting for price to resume its movement each way..
Sleep is for the weak.
Členom od Aug 06, 2009
397 príspevkov
Mar 03, 2010 at 12:39
Členom od Aug 06, 2009
397 príspevkov
been busy for the past few days, which resulted in missed opportunities...
i think the euro is slowly reversing, and the usd strength around other pairs confirms it - looking to enter long on eurusd.
i think the euro is slowly reversing, and the usd strength around other pairs confirms it - looking to enter long on eurusd.
Sleep is for the weak.
Členom od Aug 06, 2009
397 príspevkov
Mar 05, 2010 at 09:58
Členom od Aug 06, 2009
397 príspevkov
ok, here's an opportunity - just entered long eurusd:
<a href='' target='_blank'><img src=''/></a>
not too happy entering before the nfp, but from my experience, the price movement due to fundamental releases are just a catalyst for technical analysis.
target is the major resistance of the daily downward channel.
<a href='' target='_blank'><img src=''/></a>
not too happy entering before the nfp, but from my experience, the price movement due to fundamental releases are just a catalyst for technical analysis.
target is the major resistance of the daily downward channel.
Sleep is for the weak.
Členom od Aug 06, 2009
397 príspevkov
Mar 05, 2010 at 10:04
Členom od Aug 06, 2009
397 príspevkov
by the way, the stop loss is around 100 pips, i think it's wide enough to contain the nfp release.
Sleep is for the weak.
Členom od Aug 06, 2009
397 príspevkov
Mar 05, 2010 at 13:50
Členom od Aug 06, 2009
397 príspevkov
as i've mentioned previously, i'm biased short usd. there's another setup - just sold usdjpy:
<a href='' target='_blank'><img src=''/></a>
the price has retraced to a previous support (support becomes resistance) so, it should go straight down.
as a rule of thumb, i won't open more then 2 positions having a correlated symbol (usd in this case).
<a href='' target='_blank'><img src=''/></a>
the price has retraced to a previous support (support becomes resistance) so, it should go straight down.
as a rule of thumb, i won't open more then 2 positions having a correlated symbol (usd in this case).
Sleep is for the weak.
Členom od Feb 01, 2010
10 príspevkov
Mar 08, 2010 at 15:04
Členom od Feb 01, 2010
10 príspevkov
awesome posts here!!! i learned a lot... thnx biz0101. need to hang on these live posts, really looking forward
Členom od Feb 01, 2010
10 príspevkov
Mar 08, 2010 at 15:24
(upravené Mar 08, 2010 at 15:36)
Členom od Feb 01, 2010
10 príspevkov
Členom od Aug 06, 2009
397 príspevkov
Mar 08, 2010 at 16:14
Členom od Aug 06, 2009
397 príspevkov
thanks milanpaukovics! glad you like it.
by the way, i've closed all of my recent positions for a bit of profit, since it didn't develop as i've expected.
i've looked at your chart, and do not see any symmetrical channels - which what i've found to be the most effective formations.
do feel free to post your charts here, i might pick up a few ideas from you also 😄
what the other lines? bollinger? or ma's? do you use them?
by the way, i've closed all of my recent positions for a bit of profit, since it didn't develop as i've expected.
i've looked at your chart, and do not see any symmetrical channels - which what i've found to be the most effective formations.
do feel free to post your charts here, i might pick up a few ideas from you also 😄
what the other lines? bollinger? or ma's? do you use them?
Sleep is for the weak.
Členom od Feb 01, 2010
10 príspevkov
Mar 08, 2010 at 16:45
Členom od Feb 01, 2010
10 príspevkov
Členom od Aug 06, 2009
397 príspevkov
Mar 08, 2010 at 17:11
(upravené Mar 08, 2010 at 17:11)
Členom od Aug 06, 2009
397 príspevkov
nicely done!
i've dropped all of the indicators since i don't see any better results when using them, in fact, they often filter out good setups.
here's a setup developing in gbpusd:
<a href='' target='_blank'><img src=''/></a>
the is starting to break the channel - what i'm looking for is a bit more downward movement, then a retrace to the old support which where i will look to open a short position (circled).
i've dropped all of the indicators since i don't see any better results when using them, in fact, they often filter out good setups.
here's a setup developing in gbpusd:
<a href='' target='_blank'><img src=''/></a>
the is starting to break the channel - what i'm looking for is a bit more downward movement, then a retrace to the old support which where i will look to open a short position (circled).
Sleep is for the weak.
Členom od Feb 01, 2010
10 príspevkov
Mar 09, 2010 at 08:11
Členom od Feb 01, 2010
10 príspevkov
Členom od Aug 06, 2009
397 príspevkov
Mar 10, 2010 at 12:39
Členom od Aug 06, 2009
397 príspevkov
forex_trader_5776
Členom od Jan 17, 2010
140 príspevkov
Mar 10, 2010 at 22:08
Členom od Jan 17, 2010
140 príspevkov
Hi
Does anyone know of an RSI indicator or EA that would look at all the time frames of each pair on a platform and display the RSI or other indicator value in a separate window in a table form.
thanks
Does anyone know of an RSI indicator or EA that would look at all the time frames of each pair on a platform and display the RSI or other indicator value in a separate window in a table form.
thanks
Členom od Aug 06, 2009
397 príspevkov
Mar 11, 2010 at 12:18
Členom od Aug 06, 2009
397 príspevkov
robw135 posted:
Hi
Does anyone know of an RSI indicator or EA that would look at all the time frames of each pair on a platform and display the RSI or other indicator value in a separate window in a table form.
thanks
i do not know of one, but it should be pretty easy to create if you're familiar with mql.
on another note, usd is showing weakness across the board, so i'm expecting the usdjpy to start dropping soon.
Sleep is for the weak.
Členom od Aug 06, 2009
397 príspevkov
Mar 11, 2010 at 18:22
(upravené Mar 11, 2010 at 18:30)
Členom od Aug 06, 2009
397 príspevkov
the usdjpy pair just doesn't want to go any lower.. the usd is still losing grounds on the other pairs so i'm still positive it should go lower.
Sleep is for the weak.
Členom od Aug 06, 2009
397 príspevkov
Mar 15, 2010 at 12:13
Členom od Aug 06, 2009
397 príspevkov
*Komerčné použitie a spam nebudú tolerované a môžu viesť k zrušeniu účtu.
Tip: Uverejnením adresy URL obrázku /služby YouTube sa automaticky vloží do vášho príspevku!
Tip: Zadajte znak @, aby ste automaticky vyplnili meno používateľa, ktorý sa zúčastňuje tejto diskusie.