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silverheat replied Jun 2, 2008You're Welcome! but i'm just learning, so thanks for giving me the opportunity and give it a second thought
So whats with the Euro ....Drawing correct resistance and support-lines
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silverheat replied Jun 2, 2008Hey Jupiter, where do you T/P, at R2? Can you tell me the name of the script that shows how much time is left on the current candle. Thanks!
Drawing correct resistance and support-lines
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silverheat replied Jun 2, 2008Thank you very much Aiyahmarklah, am i spelling your name right
i'll start now trading live, i think oanda is a good choice, they seem ok, and i heard good things about them. Then i can test my ideas finally
Drawing correct resistance and support-lines
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silverheat replied Jun 2, 2008Hi Daniel, I'll do a little candlesticks, since u used high timeframes. 1. A/J daily:2 high waves on top: indecision, on top bearish pattern then an bearish engulfing pattern -> bearish --> your bearish line is very probable 2. A/N weekly:this is a ...
Drawing correct resistance and support-lines
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silverheat replied Jun 1, 2008Ooops — i was 5 minutes to early
Here is my new strategy Drawing correct resistance and support-lines
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silverheat replied Jun 1, 2008ontopic again
— Hi to all, Hi Jupiter, lets talk H1 now, here we have a channel on H1, inside a bigger channel on H4 So i would place a sell limit order at 164.40 with little S/L or if it breaks the smaller H1 channel wait till its on the ...Drawing correct resistance and support-lines
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silverheat replied Jun 1, 2008wow, thanks hussin, now i know what to do this summer
Daily candle chart
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silverheat replied Jun 1, 2008Thanks, you're very helpful — (offtopic) yes i am not an intraday trader, because i have a fulltime job, so i prefer to hold position for like a few days or a week, or to predefine a trade with limit orders and S/L, T/P so i dont have to watch ...
Drawing correct resistance and support-lines
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silverheat replied Jun 1, 2008Hi Jupiter, i think your considerations are well funded, i would also say if that pair if it goes above 1.9850, that could be the start of a short (
what is short?) rally but below 1.9600 i could imagine that it goes down much deeper to ...Drawing correct resistance and support-lines
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silverheat replied May 31, 2008Good Morning Jupiter its funny, to me It looks totally different ... on the daily i see indecision, which expresses itself as a megaphone on h4, what i learned from this thread is bearish on weekly there is a bearish hanging man, which has low ...
Drawing correct resistance and support-lines
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silverheat replied May 31, 2008Hi hussin, what purpose do the yellow lines have, that connect the swing high and swing low? How do you use them? Thanks in advance
Daily candle chart
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silverheat replied May 30, 2008Thanks for your post Ian, please excuse my bad english i'm new to forex and i've read a lot here on ff about many different things, but the most important posts were some like yours where someone shared his experience (mainly bad) but then learned ...
How I found what works for me
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silverheat replied May 30, 2008Thanks Dcb, the other thing is, from fundamental perspective, that eur/usd is trending with gold, and also connected with oil. So the last days gold had some troubles, so did oil, and therefore eurusd will struggle. Watch out for charts on ...
Drawing correct resistance and support-lines
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silverheat replied May 30, 2008My view on E/U On H4 the Supply TL looks strong, and heading to monthly S1, where i will watch the pair. Weekly: its not really an engulfing because there are 3 pips missing but i think thats ok. So the first Qualifier for a downside breakout is ...
Drawing correct resistance and support-lines
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silverheat replied May 29, 2008Hi Jupiter, if i understand this right, the D1 TL with the steepest slope comes from a H4 TD point, but the line is still accurate on the daily. I didnt notice the double bottom, but i see a H&S with S1 as the Neckline on your daily. Thanks, i will ...
Drawing correct resistance and support-lines
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silverheat replied May 29, 2008A few questions — is it better to draw TL on higher timeframes, or to go for instance to H4, zoom out to have a better view and draw the TL from there? Whats a good timeframe, or a good zoom level? How far should a TL go back in the past? Or ...
Drawing correct resistance and support-lines
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silverheat replied May 29, 2008Hello to all, sorry if i missed something in the thread, i had no time to read it all, only the pdf on trendline drawing from the first page, but i will catch up on the thread later. i want to know if i did this right on E/J
Drawing correct resistance and support-lines
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silverheat replied May 28, 2008Hi hussin, Here the h&s on EJ and the cable looks to me like its going down
Daily candle chart
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silverheat replied May 28, 2008Hi to all, my opinion to eurusd: since euro is trending with gold, and gold fell below 900, oil fell also to 126, im pretty sure eurusd will follow. Here is a chart i like, because it has a head and shoulder pattern, its the yen
Daily candle chart
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silverheat replied May 28, 2008Yep, i missed the weekly, on there is a 50 fibo retrace and going down, on daily/h4 there is resistance, if it breaks i would go short. I looked back on the daily and that pair often had a 'fake morning star' (if it was a morning star at all), where ...
Daily candle chart