gapped down on gb open,good short opportunity on the ret.imo

Drawing correct resistance and support-lines

image

Drawing correct resistance and support-lines

hi Umairs.this is quite a big sl,have you found this size necessary to stay in??you must have a good w?l ratio,could you post it? i have also an initial target of 30 pips and if i think its going my way i then change sl to be and go for +50.in my ...

Drawing correct resistance and support-lines

and heres what im looking at now.. bullish divergence confirms false break (for now) but i also concider the line breached and therfore weakened.will watch to see if the div plays out on the indicator with little bullish price movement to look for a ...

Drawing correct resistance and support-lines

hey rick,good q. its important to keep your charts simple and only draw the most obvious lines on your charts,especially for us newbies.they are the ones everybody and his mam will be trading from! what i do to identify r/s/pivots is to zoom out on ...

Drawing correct resistance and support-lines

hi Umairs,got a few q.s for you image on this post(yours) the candle which breaks the trend line is at best indecisive no?looks like a spinning top or mabye even an eve star??obviously you saw something as it was a good trade but isnt this against ...

Drawing correct resistance and support-lines

good call!

Divergences - (All Pairs)

missed this one,dont know how long it will go??!!

Drawing correct resistance and support-lines

love that!!!!! nice one the thing about trend lines is to enter after the 3rd bounce/break,thats when everyone is onto it

Drawing correct resistance and support-lines

yeah i saw that move but from a slightly different angle.i had an acsending triangle drawn of the 4h chart.

Drawing correct resistance and support-lines

closed for +17

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check out its counter part

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possible fake out,happens often with these short term pattern/trendline breaks

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gracias short on the er/us div.dont shout,!!!hehe

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looks like a nice break on gold but runnin into the first line of defence! any further rise would be v.bullish imo

Drawing correct resistance and support-lines

hi emda,which channel is that you use??

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poss 4h hidden bulish divergence also image

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Any Comments ? Any Questions ?[/quote] yeah i have,i know nothing of fundamentals so where would be a good place to look(web sites etc)to learn the the basics??interested particulary the corrolation between fx pairs and the indices. thanx in ...

Knowledge is Power

buenas dias todos......eu/yen looks interesting,4 hour leaving oversold levelson rsi and stochs.1h div. the 4 hour rsi n stochs have just recently left oversold,failed to pass the 50 level then sunk into oversold again.these bounces are v. bullish ...

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BIG image to Scrat top sites

Divergences - (All Pairs)