looks like another one from Oanda on eur/gbp today but not as 'obvious' as yesterday's............ escaped another time today but hope it continues to go down.........otherwise the spike/stop-hunt might have been a 'benevolent' or 'merciful' ...

Oanda Spikes

i'm sure Oanda is not the only one with this kind of complaints but what can we do ? i was very lucky today with eur/gbp.............a spike up after i went for a nap before i adjusted my SL................. but maybe we can gain from this kind of ...

Oanda Spikes

this is a little late.............. eur/gbp just had broken down from an up trendline............might be breaking the resistance turned support at around 0.7815............... i think this pair might be a good bet for some good profits, ...

Drawing correct resistance and support-lines

this is a little late but eur/cad about to have a trendline break plus a break of resistance turned support......so may go down to 1.5700

Drawing correct resistance and support-lines

looks like gonna be a descending triangle, eh ? so going up ? or going down ?

Drawing correct resistance and support-lines

a most interesting idea.............. the Swiss won't want to be too strong to the point that they have problems exporting too. and if US goes into recession or even depression, other countries will suffer as well................ only problem will ...

Silly Trader... When will you learn that fundamentals are the only way to trade?

DOL (dying of laughter)................... but hey, maybe he's on to something so let's give the guy the benefit of the doubt.

FOREX: The Holy Grail

Teb63, i've been using your system and it's working..........very much like KHarvell's 'peak and valley' system with the Ema and profit target added just one question though, do you take counter-trend trades too ? if not, then really have to wait ...

World's Simplest System

anyone interested in the aud/nzd ? hardly heard anyone talking about it................seems to be a cup-and-handle ?: also the same for usd/jpy ?: seems to be quite a few of these weird kitchenware appearing nowadays along with seafood like ...

Drawing correct resistance and support-lines

i'm a computer-idiot so this is what i meant by the up channel......... upper trendline (connect 2.0206 to 2.0331) lower trendline (connect 1.9579 to 1.9842) it should be consolidation pattern before another drop. many thanks again.

Drawing correct resistance and support-lines

many thanks, try the higher timeframes............i'm with Oanda so on 1hr and 3hr , you'll see the possible up channel. mmmmm.......seems like gbp/usd going down now........and gbp/jpy in ascending triangle (wedge or pennant are just considered ...

Drawing correct resistance and support-lines

many thanks for the kind comments............too bad, i don't know how to post charts......... for example, the current movement of the gbp/chf - it seems to have broken down from a wedge, pennant but prices then bounce up off 1.9840 and ...

Drawing correct resistance and support-lines

i've found that it is far better if the support or resistance be a horizontal line. especially so if it's a support turned resistance and vice versa. as for breakout from patterns, i find rectangles far more reliable than triangles, wedges, ...

Drawing correct resistance and support-lines

i just had a thought about trading the break or close of the very 1st 1-2-3 reversal............. say price has just made a lower high so if it's now sort of a head and shoulders formation. would it be better and safer if the right shoulder is lower ...

World's Simplest System

hey, since you're from Brazil..............have you heard of FX-Experts ? this is off-topic, but i just read that there used to be some 'exotic' performers at carnivals in Brazil..................'belly-riders'............ wow, what a HOT ...

USD/JPY Discussion

one member (paradise103) has a good idea on adding units for those wanting to pyramid............ A) after reaching profit target, close out half of units and put the remaining units at break even B) add units at subsequent highs/lows...........then ...

World's Simplest System

i read these ideas on another thread so thought would it be safer or over-cautious if we enter a trade when/if......... **) buy/sell on break or close (safer) of the 2nd 1-2-3 trend reversal rather than the 1st one. example : prices going up and ...

World's Simplest System

hi Doris, you're from Indonesia, right ? are you familiar with another Indonesian company, Winning-Solutions ?

GBP/USD Updated with I-CHING Methode

hello, very sorry if this has been asked before but which kind of price action (pinbar for example) is more likely to give a 1:1 reward/risk ratio ? definitely not a good thing to risk 100% to win 50% or less.........so curious as to what kind of ...

james16 Chart Thread

maybe Doris has found the 'Way of the Pips' and attained 'Forex' enlightenment ? so we can 'Stop-Hunting' and look for 'Indicators' that she may be back to 'Spread' the 'Holy Grail'.

GBP/USD Updated with I-CHING Methode