Indeed,wedges tend to pay well off when rightly drawn as you show us here

Drawing correct resistance and support-lines

Hope someone find this useful in some way or another, this is IMO a very important aspect to know applying the right way in forex trading. I f you are very new to trading , this could be a educational and easy approach to get the feeling of the ...

Drawing correct resistance and support-lines

Eur/usd

Drawing correct resistance and support-lines

Gbp/jpy

Drawing correct resistance and support-lines

Cable

Drawing correct resistance and support-lines

Bet many traders are waiting for a retracment here. Possible reversal @ 211.38-212.32

Auslanco - GBP/JPY and GBP/USD (newstrade)

One piece of good entertaining ! Saw all 6 episodes at once =)

Any Good Market/Forex Movies?

On a smaller TF (1H) we have a possible AB=CD pattern. Let's see how it plays out, only thing concerning me, and that is todays news.

USDCAD trend reversal?

This breakout trade produced 100 pip, bounced straight of 212

Auslanco - GBP/JPY and GBP/USD (newstrade)

Price broke 2days fibs drawn from London open, and stochs above 76.6 lets see how many pips this breakout can give Targeting 212, daily r2

Auslanco - GBP/JPY and GBP/USD (newstrade)

Remember that this pattern have a 30% failure, according to the "author"

Auslanco - GBP/JPY and GBP/USD (newstrade)

Roger that, will give it a shot with mom, thx for ur explanation

Auslanco - GBP/JPY and GBP/USD (newstrade)

Been looking for a "manual" for that indicator ,aus had it on a template he shared on another thread some weeks ago. You use it as a momentum with OS OB lvls ?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Don't have any problems joining , try check ur settings

Auslanco - GBP/JPY and GBP/USD (newstrade)

Seems like a interesting indicator , almost feels like cheating !

Auslanco - GBP/JPY and GBP/USD (newstrade)

Have just started to look into divergence this week, so I consider myself unskilled with this knowledge, so who am I to say I can't see any divergance, even when you draw it on ur chart

Auslanco - GBP/JPY and GBP/USD (newstrade)

Can't see any divergence on any TF mind posting a chart

Auslanco - GBP/JPY and GBP/USD (newstrade)

Right, then I have the same settings. Yeh price stroke right down on it With this bearish power we might see D target. When 50% is reached,I switch over to a breakout system (to determinate if the trend could be strong enough for point D ...

Auslanco - GBP/JPY and GBP/USD (newstrade)