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pipfarm replied Jan 26, 2011GBPUSD — Daily is in a down trend which is a corrective swing against the previous daily uptrend, previous resistance becomes support at 1.5674 ish. The 4 hour shows the downtrend with 3 swings and the last swing down having subdivided again ...
Cable Update (GBPUSD)
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pipfarm replied Jan 14, 2011AUDUSD — AUDUSD A picture says a thousand words pipfarm
Trend Following - A Complete Guide
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pipfarm replied Jan 13, 2011Trends — No adjustment necessary , the trend of any timeframe is what you see in front of you , the bigger swings are the higher timeframe trend, as we saw today the 4 hour trend on the ej chart i posted continued up to make new highs. pipfarm
Trends within different Timeframes
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pipfarm replied Jan 11, 2011eujpy — Take a look at the eurjpy 4H uptrend but that timeframe does not tell you much ,if you want to view the uptrend go to the 60 minute. If you want to know if your trading with or against the higher timeframe trend go up to the daily and ...
Trends within different Timeframes
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pipfarm replied Jan 11, 2011Trends and timeframes — As there is no answer yet , i will propose my theory. The white trend is the weekly and the red is the daily , the proof is in the way the timeframes break down. Every timeframe contains its own trend and the components ...
Trends within different Timeframes
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pipfarm replied Jan 11, 2011GBPCHF — Hi Micardo, thanks for your replies , can i just confirm the reason for trading the GBPCHF pair, the daily is in a down trend with the last swing up being a retracement against the current downtrend and you have dropped down to the 4 ...
Trend Following - A Complete Guide
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pipfarm replied Jan 10, 2011Hi Micardo, thats a shame , would you mind posting a chart or you entry price. pipfarm
Trend Following - A Complete Guide
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pipfarm replied Jan 9, 2011Trends — Hi all, Continuing from my previous post i was hoping for some reaction good or bad . I propose that each timeframe can contain the components of a higher timeframe trends and we must be aware of this when trading. ie. The timeframe ...
Trend Following - A Complete Guide
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pipfarm replied Jan 7, 2011Take a look at gbpusd Looking at the weekly we can see its trend is down , that is the last series of weekly bars making lower highs/lower lows. Looking at the daily from the top of the weekly down trend, we can see that there are 3 sets of lower ...
Trend Following - A Complete Guide
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pipfarm replied Jan 7, 2011Timeframes — Some information you may find usefull on timeframes. Every timeframe can contain the following one or all three may be present at any one time. 1. The long term trend. 2. The higher timeframe trend. 3. The current timeframe trend. ...
Trend Following - A Complete Guide