It's the best indicator to say the least.

USDCAD trend reversal?

True but if you look at the tail it's rather similar to a pin bar. This one doesn't met the criteria to make it a pin, but gives a good indication it's found good support. Which still makes a good indication of price action.

USDCAD trend reversal?

4h chart (stoch/macd) shows signs of turning up from oversold, last few times it has done so it ruined the next day of making any decent moves down. Decent dojo on the 8h chart for an up turn aswell. That being said I'm not longing it, just waiting ...

USDCAD trend reversal?

I hope so that would be a great spot to probably buy in at.

Daily GBP/JPY analysis

down down, down it goes, where it stops no body knows. Starting to pick up some momentum now.

Daily GBP/JPY analysis

Looking for dips down often off trendlines to place buy orders.

Daily GBP/JPY analysis

My opinion as well, it has far more support at this point then resistance.

Cable Update (GBPUSD)

About what I see on the daily around 2.0040, although the 2.0000 is a nice round number with some decent resistance and could diminish the move. I'm likely waiting for another bounce off my aggressive daily trend line in the 9770 range currently ...

Cable Update (GBPUSD)

Anytime, because a picture is worth a thousand words, here's how I draw them. The top line is the timid line, which at the moment doesn't really offer a lot of resistance, because it's only been touched 3 times. The second from the top is the ...

Need help regarding Trendlines

Kind of hard to tell without todays open, however, both previous moves off the 4h trend line have hit around the 300 pip mark before retracing, this ones only at 200 now. I do have some resistance on the upward candles, but it doesn't look like ...

Daily GBP/JPY analysis

Actually I think that was the demo, you just pick how much cash will be in the demo account and pick your login info there. I believe it's a 30 day demo. If you want a longer term one SBFX has an unlimited version.

Online charting providers - not data

Either way is fine, you can even draw them from open/close to to the high/low spike or vise versa. The more timid the line the less false breaks you will get. Example from close to close, price might hit the line or come through more then a few ...

Need help regarding Trendlines

Could've done just as well off cad/jpy, 1600 pips in the last 3 months. That's not bad at all for one trade. url

If only I would have known....

also url

Where do get details regarding Trendline

Aye if I had to guess most would look at the indicators or such which state it being oversold and try to go off a bottom not there.

USDCAD trend reversal?

Don't feel to bad we all make some bad trades. I made one of the best mistakes today trying to trade the news, traded one way only to have it turn, got out and went the other way only for it to turn again. Lost 50 pips in 5 minutes. I know better, ...

Cable Update (GBPUSD)

That was one sweet move it just made, was in c/j. Got out for the weekend, but I'm gonna look for another entry next week and ride u/c all week I think.

USDCAD trend reversal?

aye cad/jpy is seeing some awesome moves. It's not hitting the top like cad's hitting the bottom, it just keeps running. About 300pips since last friday. Heres a pic of the beast, blue horizontal lines forming boxes are daily pivots. 1h ...

USDCAD trend reversal?

Looking somewhat bearish to me, but it looks like it's mostly range bound with increasing support and resistance. 800-772 for now, could see a break past 772 later towards 760-740 range. Without some decent news though, I'm not expecting much today.

Cable Update (GBPUSD)

Definitely looks like it could be unwinding on the up trend. Although I was wrong on this yesterday trying call a top. funny part is I made money on that one, I lost trying to go long, just bad timing on my part. There is some divergence on the ...

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