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- Mortician. replied Oct 26, 2010
Well, that ended quite violently in a loss. Chart attached:
- Mortician. replied Oct 26, 2010
On another note. My long CHF/JPY has been triggered with the completion of 1,2,3 formation on the hourly. entry = 83.34, SL = 82.84. When price reaches 83.81, roughly 1:1, i will BE the trade. SETUP CHART HERE: url trigger chart attached below:
- Mortician. replied Oct 26, 2010
Measure move analysis or Price projection. Also, countless experience trading and watching breakouts. You tends to get a feel of what is going to happen given certain types of breakouts. But, let us not fool ourselves: if that GDP news was RED for ...
- Mortician. replied Oct 26, 2010
GDP news are one of the news i steer clear of. I mentioned it here before:
- Mortician. replied Oct 26, 2010
GBP/AUD has retraced all the way to 1.5950 and blasted through it(good thing we only trade 1,2,3 formation or trendline breaks.)
- Mortician. replied Oct 26, 2010
what do you know?
- Mortician. replied Oct 25, 2010
Did you take the BPC on H4? Highlighted in chart below. For EUR/AUD, that is. I want it to clear the 1.4053 and bpc under that RN, either on the H4 or DAILY time frame, then enter.
- Mortician. replied Oct 25, 2010
Check out our CAD/JPY....the weekly trendline seems to have held price down...so far, anyways...perhaps, it is ready to resume the downtrend. chart attached.
- Mortician. replied Oct 25, 2010
i think EUR/AUD is trying to talk to me.
- Mortician. replied Oct 25, 2010
Speaking of greenius trades, gbp/chf would have made a smooth greenius trade. One problem: it is anti-trend. I have to let it go. chart attached:
- Mortician. replied Oct 25, 2010
Yeah. I already BE that one. I am just looking over the chart one more time...i think i missed a daily short in USD/CAD. (chart attached). I will see if there will be an opportunity to greenius-trade it later.
- Mortician. replied Oct 25, 2010
Nicely done on +40pips. Didnt trade it. Earlier i was talking about a greenius AUD/USD trade This is what i mean: I have attached the chart:
- Mortician. replied Oct 25, 2010
Update on my gbp/JPY positions. Like i said above, i expect s/r from those red lines. Price just hit one of those 126.72 = +45pips. I have BE the trade instantly. Chart attached.
- Mortician. replied Oct 25, 2010
Well, just like that...barely a few minutes...the 1st, main price target of 1.5798 has been reached with price dipping to 1.5793, giving enough room for spread. that is roughly +80 pips gain. chart attached
- Mortician. replied Oct 25, 2010
GBP/AUD at BE point of 1.5819 = +57 pips. Moved to BE. AT 1.5798, i will sell some. Because i expect retracement all the way to breakout point, for it to form nice hector like trade.
- Mortician. replied Oct 25, 2010
GBP/AUD short setup. H4/H1. Entry at 1.5876 after BPC completion on H1. BE trade at 1.5819. SL at 1.5953. 1st PT = 1.5798. The rest at BE.
- Mortician. replied Oct 24, 2010
chf/jpy
- Mortician. replied Oct 24, 2010
CHF/JPY CHARTS
- Mortician. replied Oct 22, 2010
CHF/JPY setting up here:
- Mortician. replied Oct 22, 2010
GBP/JPY weekly/daily breakout. I expect support/resistance at those red lines. Adjust to them when price gets there. Ultimately, i am aiming for +500 to +800 pips here. Of course, there will be pyramiding and some BE along the way... that is ...