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ghous replied Jul 21, 2008can't say anything bro i don't use MA's so can;t comment on that but i gues you are right there is some need of some kind of a PA setup to determine direction so far the bulls still seem to dominate the proceedings though...
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ghous replied Jul 21, 2008this is one major reason why i am sticking to the hgiher tfs as much as possible, we newbies need to stick to basics!
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ghous replied Jul 21, 2008hi there Cliff i think you are missing the entire point here, PA is'nt a system in itself, it's like an indicator, it's like an analysing tool ppl interpret it in diff ways, i did'nt find that statment correct "if i am arong on this then you are ...
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ghous replied Jul 21, 2008Hi Cliff glad to see you again! the trade was entirely off the weekly chart, resulting fro that pin bar i posted a few posts ago...
to peaches, Hello bro/sis, nice to see you around. hope you will learn well from this J16 stuff that is more gold ...james16 Chart Thread
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ghous replied Jul 21, 2008calling all experienced traders...the Uj Dilemma — Hi traders, just wanted an opinion on Uj, the last week closed on a heavy bullish momentum but the trendline (providing resistance) is looking to pull the price back down since the bull run ...
james16 Chart Thread
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ghous replied Jul 21, 2008i am long usd/cad from 1.0064, just waiting on Au and aud/jpy to show some breaish signs on the lower tfs (see how i use the lower tfs Cliff), Gj too looks good for a long on the weekly after that inverse SHS but still not takable
Regards, Ghousjames16 Chart Thread
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ghous replied Jul 21, 2008you've got it worng there bro, 2% is not on any one pair that you trade, it's a total of 2% on an account that means if you get 2 trades you divide it equally by 1% and 1% or if one is a stronger trade then maybe 2% and 1% so the total goes to ...
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ghous replied Jul 20, 2008you're right besides the weekly trendline is not broken yet, last week was dominated by the bulls but this does'nt tell you anything abt future dominance

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ghous replied Jul 20, 2008now don't tell me you've mistaken cricket for the insect cricket....the discussion is abt the game...lolz
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ghous replied Jul 20, 2008ok first of all PA stands out the most on the daily charts so if you were trading the monthly i guess try and look for setups on the daily and the weekly first i bet you'll get many setups, i see more then 5 already at the moment on the 18 pairs i ...
james16 Chart Thread
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ghous replied Jul 20, 2008i am obviously seeing the original MACD indiactor, don't know anything abt this MACD histogram.

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ghous replied Jul 20, 2008n Hi Cliff, congrats on the Aussie football victory, we'll see who wins The cricket champions trophy this year...
ok back to forex... i guess you want to know more abt my trading strategy and the time frames i use, let me clarify it. I rarely look ...james16 Chart Thread
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ghous replied Jul 20, 2008don't know why but i don't see any serious divergence atall on my charts, the MACD is showing long flat bars yes it's not showing higher highs and higher lows but then it's not even showing lower highs and lower lows...from the charts you posted ...
james16 Chart Thread
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ghous replied Jul 20, 2008i just came up with another Pin this time on the USD/CAD with a confluence with the support line on the weekly... here it is with the three possibilities
image james16 Chart Thread
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ghous replied Jul 20, 2008Gu monthly chart — high Cliff you may be right, there have been long tails to the south but do not also forget that the price has not been able to successfully close above 1.998, needless to say this is what has caused all the ranging in Gu ...
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ghous replied Jul 19, 2008Ok here are a few more setups worth considering, these are setups on daily and above only... setup 1) AUD/CHF dual pin bar setup on the daily...(if you trade it) image ok so what's so interesting here? two consecutive pin bars on the daily chart ...
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ghous replied Jul 19, 2008i agree with you but that feeling obviously came from something on the charts, it was'nt just an inside feeling as i mentioned in that post there were a few technicals that the Pin bar was looking to go against if the trade was taken in favor of it ...
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ghous replied Jul 19, 2008yeah could be besides note how the weekly is signaling a short with a pin bar with the nose to the north, the short may not be there atall, it all depends on how the first few hours of take off in the London session on Monday. To me this trade is ...
james16 Chart Thread