my top is a bit lower then urs image Yuna

Drawing correct resistance and support-lines

Break already looks like ur 4hr fibo 50 is not far frm now. but for me my fibo 50 is 207.80. GO! Wild horse go! image image Yuna

Drawing correct resistance and support-lines

i wasnt ready to react,it happened so fast!i was away for a while and up it goes. i jumped in after it broke R1 for a scalp of 50 pips.

Drawing correct resistance and support-lines

aediaz1, u long already? image Yuna

Drawing correct resistance and support-lines

I see. anyway the news has caused some effect on USD. Yuna

Drawing correct resistance and support-lines

My feedback is tt i do agree wit u tt if ur tl is drawn frm line chart, better to wait for it to close as u noe tt tl tt drawn frm line chart is (nearer) as it does not include shadows. however if drawn on including shadow i personally wait for it ...

Drawing correct resistance and support-lines

oh i mean is mine considered a pennant? because the angle was so steep and doesnt really look like a pennant. anyway here's the update image Yuna

Drawing correct resistance and support-lines

Is this considered or is the angle too steep already? image Yuna

Drawing correct resistance and support-lines

Haha i noticed we had some coincidence and a few things in common hor? 1st we at island of Lky. 2nd ur ques i also ask b4 aediaz1 lehz. u can refer to post #101 den u noe liao. I'm swur u understand my Singlish.LoL! All the best to u, Yuna

Drawing correct resistance and support-lines

Yuna

Drawing correct resistance and support-lines

Thanks, i'll take note of ur point. yea, no clear candlestick points, tt's y i check with u whether my line was valid. any way what happened to the pound? was it because of the news? PMI news. take a look at GU and GJ. image Yuna

Drawing correct resistance and support-lines

Sharp eyes! morever GU is bearish now and UJ is bullish. image image Yuna

Drawing correct resistance and support-lines

Thanks aediaz1 btw, u mean if 203.50 holds, u'll be going long?? wont't u wait for a break above 205.50 first and see whether it holds? Anyway i need ur help here, this is an hrly chart of USD/CHF does my upper trendline look valid? ...

Drawing correct resistance and support-lines

Wild Horse is resting — Wild Horse(GJ) is ranging now. She is now resting to gather more power to resume it's downtrend if 203.50 fails to hold. However, on the upside if 205.50 does not hold, we are looking for a retracement to 207 area. JMHO ...

Drawing correct resistance and support-lines

Great info! — Hello Mark, what a great info u had here. u really did enlighten us, at least for me, with ur avg daily range and linking it with breakouts. for breakout trading i only learn how to spot breakout and confirm the validity of ...

Drawing correct resistance and support-lines

Keep it comin — Alright! i love this thread! Keep it coming. image Yuna

Drawing correct resistance and support-lines

looking forward to ur charts and explanation! Yuna

MG's trading journal, blog, analysis, speculation...

Thank you — Hello twoeleven, i see, so the doji formed when it bounces off the S3 was the signal. Haha thanks for the compliment, but i'm still learning. i'll post if i notice any setups forming and hope to get confirmation from u experienced ...

Simple Candlestick-Pivot Method

hi all — Hello fellow traders out there!! I would like to ask tt is this considered a valid signal to enter? a doji formed when price was rejected at S3. or is it to enter after the bullish spinning top formed? Hope to hear from u guys ...

Simple Candlestick-Pivot Method

Valid signal?? — Hello fellow traders out there!! this is a great thread and i would hope to see it going on I would like to ask tt is this considered a valid signal to enter? a doji formed when price was rejected at S3. or is it to enter ...

Simple Candlestick-Pivot Method For GBP/JPY