Do you mean momentum type indicators or peak and trough analysis and trendline break?

end of a trending market?

Tiki I dont know if you have this already as it is on the site elsewhere Its a leaflet on Fib retracements and extensions

james16 Chart Thread

Right got you I thought you meant pull back (PB) no wonder I was confused Just looking at your posts you are having a difficult time at the moment. I know how you feel at times. Up until the August correction I was having a good run and I shorted ...

james16 Chart Thread

What do you mean PB now before it hits the fib?

james16 Chart Thread

Hi Tiki Looks like you are going through a difficult period at the moment. I know how you feel when you lose your confidence its hard work and charts are just lines and colours

james16 Chart Thread

Looking at my charts I remembered this thread and thought I would follow up on post 7 and trend line crosses. The crossover at point A did not come into play but the crossover at point B with the longer time frame trend line became an important area

What is the meaning of "TL touches" and/or "TLs will trade touches"?

I see what you mean those 2 hammer type bars on 19/24 april

small sl large tp trade AUD/JPY

It depends on the context but lets assume the analists are talking about a weekly trend. Looking at the graph the trend is still strong if the price drops to the trendline intersection at around 2.0000 And the trend isn't broken until a close below ...

TERMinology

If you read Dr. Alexander Elder's Come into my trading room he suggest increasing timeframes by multiples of 5 So if you trade longer term this could be daily, weekly,monthly On a shorter term using MT4 charts for example it could be 1hr,4hr,daily ...

TERMinology

I thought your tp3 was this resistance at 97.04 Maybe our graphs are different This is MT4 4HR Alpari

small sl large tp trade AUD/JPY

Good call Just missed tp3 @97.18 Didn't trade myself just kept an eye on it.

small sl large tp trade AUD/JPY

Blackburn/Bedlam same difference

Cable Update (GBPUSD)

Cannot for the life of me understand why anyone would leave Darwen

Cable Update (GBPUSD)

Joe answers that question in the last paragraph you have to be a Jack of all trades.....master of all trades

Lessons by Joe Ross

The GBP is the currency of the country the news item relates to ie UK The GDP is the news item the % is the previous and the expected increase/decrease in the news item.It doesn't mean the GBP is expected to increase by 0.8% Click on the notes at ...

Percentages on CALENDER?

You have had some good advice syafi but this statement really stands out. You really should mind paying 40% in commission as long term it is going to clean you out You need to change your system if you can only take 10 pips and give 4 in spread.Also ...

I got spooked........!

If you have saved Que's Auslancos indicators file to your commputer you should have a compressed file called Auslanco System indicators or possibly Auslanco trading system on your computer What I did was right click on this then left click on ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Faith My last post probably didnt help much with trendlines as far as using them as entries goes,but trendlines are just 1 tool in trading and for some trades are good entries and others give a guide to potential moves. I will post a long term chart ...

What is the meaning of "TL touches" and/or "TLs will trade touches"?

Steve, Excellent point about extending the trendline to the right. Very good example of resistance becoming support. Price broke the trendline but didn't invalidate it. You could call this; Basic Trendlines: Part Two And Faith, The more TL Touches ...

What is the meaning of "TL touches" and/or "TLs will trade touches"?

Searched for this article after reading a post by Bemac on another gold tthread

Gold's Next Move