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- DaddyWarbuck replied Jun 4, 2008
price just broke through the neckline of the h&s formation on the daily chart so i would be wary of that pinbar. it could be signaling a move back up to retest the neckline (support turned resistance) though
- DaddyWarbuck replied Jan 25, 2008
btw, its trading in a channel right now.
- DaddyWarbuck replied Jan 25, 2008
haha, i just woke up and saw the daily pin and immediately went to this thread to post it....guess i was late. when you say "this may be the beginning of a larger retracement" you are refering to it retracing up from the huge downmove over the last ...
- DaddyWarbuck replied Jan 23, 2008
awesome advice. thx mike also, what do you think of this channel gbpjpy is trading in? do you always draw your tls to the highs? because in this case, the price broke through the bottom tl on the 15th but then closed above on the next bar...after ...
- DaddyWarbuck replied Jan 22, 2008
hey mike, i know it hasn't closed yet but this is a pretty nice pinbar sitting right under the tl. you think a break below the 24/28 ema would be a good entry if it pans out? EDIT: do you normally wait a see how the bar closes after the pinbar? i ...
- DaddyWarbuck replied Jan 17, 2008
im sure someone posted this already but we had a nice rejection off the daily trendline. also, newest 4hr bar opened underneath 24ema so that should be pretty good resistance. first tp is 4hr gann.
- DaddyWarbuck replied Jan 10, 2008
mike, been messing around with the trendlines on eurchf and cadjpy. i have both trendlines basically running in line with the 24&28 emas as well as the 4hr gann. although cadjpy violated that initial wedge, the new tl created a bigger wedge with ...
- DaddyWarbuck replied Jan 9, 2008
couldnt this also be a decending triangle? i forgot....is that a trend continuation or trend reversal price pattern? im guessing its continuation
- DaddyWarbuck replied Jan 9, 2008
mike, i was just looking at cad/jpy and it looks like a h&s has formed. best tf to view it is the 1h. is this a proper h&s? edit: didnt mean to intrude on your analysis...just tryin to get ure opinion
- DaddyWarbuck replied Jan 8, 2008
was real tempting but i want to wait and see what it does once it reaches the upper (downsloping) tl.
- DaddyWarbuck replied Dec 17, 2007
yea, i was kind of worried about the broken trendline but sometimes you see it break the support and then stick to the underside of the tl (which becomes a resistance level as you said). i was just looking at the chart again and I noticed a double ...
- DaddyWarbuck replied Dec 17, 2007
a pinbar just formed on the 1hr chart:
- DaddyWarbuck replied Nov 26, 2007
birdt, i just noticed that your 1hr gann line looks completely different from mine. what is your lookback setting? here is a pic of mine:
- DaddyWarbuck replied Nov 13, 2007
like this crude drawing i just created?
- DaddyWarbuck replied Nov 8, 2007
is this what you are referring to? i used the gannhilo indicator found on aus's trading strategy website. should it close above the red or blue line?
- DaddyWarbuck replied Oct 4, 2007
Just wanted to say thx to cryten and skyline for this trading system. I have a question regarding the two different trading programs (VT & MT4). I haven't gotten through the entire thread yet so this might have already been asked. I was just looking ...
- Posts by Member Search: 'DaddyWarbuck'