Analysis On Chart Waiting For Signal To Nail It! Would Update later. Until then...... Sharp! Sharp!!, And God Bless.
The Trend Is My Friend! 8Weeks Mode And Counting...... I See Two Possibilities: 1 . A Clean Breakout Above To Continue The Trend 2. A PB Unto TrendLine Zone Prior To The Rally I'm Sitting On My Hands Until Then Cheers! ^_^
MODE IS NOT DONE BUILDING.......... Price May Pullback Prior To The Ultimate Fall. Alternatively, We May See Immediate Continuation For The Second Leg Down,If Supply Proves Very Strong. Whichever Way, I Stand Ready To Short This Thing. Target For Trade Would Be Decided By The Signal, But I See Ultimate Target @ 71.7500 I See Base Of Channel, 76-74 Zone...
Trend Is Still Down, And Any Trade Up Is Still Counter Trend. This Looks To Pass For My Major Trend Reversal Setup, But Has Not Satisfied All Qualifiers Double Bottom Trendline Breakout, But Not many Bars Yet....
I'm looking for a short below this micro trendline , if we break and close below it
But for FOMC, I think this is a setup that should have worked greatly, producing 1:2 at least. I went long at 1.10267. I have liquidated at 1:1 My Boss warned. I had to stay out ;)
Thanks to Tom_Killick, who published analysis on this pair. This Setup on this pair meets with my new setup and how I would love to go in. Im publishing this to track progress. Im not yet in the trade though, as Im fully invested in other pairs. In this regard, should i liquidate some trades in time, I may consider taking on this risk. Until then.....
The picture speaks volumes ;) Stop @ 274.17 = RE Open - Spread Entry @ 283.24 Target first @ 290.55 Second Target@317.79
Stop: 2.01305 Entry: 2.01854 Target: 2.03886
Following the fantastic sell climax and the inner trend line breakout, I started anticipating a reversal bullish. But I also expected some trading range prior to any major trend reversal. Would the bearishness continue......??? With price still below 50EMA, I want to see any possible rally from here as a pullback to testing breakout point of trading range or...
1. HH MTR = DB Sell Climax Prior Uptrendline Breakout Breakout Limit Higher Low Major Trend Reversal = Almost A Double Bottom 2. Price Is Trending Up = Higher Highs + Higher Lows 3. Mode Is Building = Bulls Are Accumulating For Long . 5 Bar Currently... 4. Price Continues To Stay Above 50EMA = A Sign Of Bullishness...
Anticipating A Daily Signal Bar For Long...... This Market Has Wild Intra-Day Moves, And I Love It For That Matter. I Banked Over 350Pips Within 2 Days, On Its Down Move From The Last High.
ONE MORE PUSH UP & A POSSIBLE FALL TO A HIDDEN LEVEL 0.85 ;)
UP TL = A line from the Lowest Low , upward and to the highest minor low point preceding the Highest High so that the line does not pass through prices in between these two points . Ray the line upwards past the highest High Point. Paraphrasing TRADERVIC. The reverse is true for DOWN TL VERY EFFECTIVE FOR DETERMINING TREND REVERSALS
Two More 4H Bars To 2.05377 Exiting @ Close Of Price Or Time Expiry, Whichever Comes First Ingredients For Trade Success: 1. Trust Your Setup, Especially If You Are That Objective In Finding ém 2. Use The Correct Stop = Where You Know market Will Invalidate The Trade 3. Expose The 'I Dont Care' Amount Of Your Equity. 4.Leave That Trade Alone! Why Care...