USDCHF — Which channel is going to hold?

Backing Trades Thru Charts

Got my target. Now to see what happens at the bottom here.

Backing Trades Thru Charts

According to my chart 1.2500 was breached. If there was a no touch there... well it was touched.

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

I am already long EURCAD @ the channel bounce. What does 1.2K profit mean anyways? What are you trading? Micros? Standards? Millions? How many? I've got 1.2975 and ultimately 1.3300 as my targets.

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

Your target on this one puts it right at my target from the 1.3000 is retest. 1.2485 and I'll probably get long from there. EDIT. I don't know. I'll be seeing what happens at the bottom of the channel as well as the top of the USDCHF channel.

Backing Trades Thru Charts

I am George Soros and I wait for no one. OK enough joking. I'm going to eat.

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

Oh absolutely, positively, and very profitable BS...

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

OK, enough of the secrecy. I am actually George Soros and I planned this event. Want me to do it again? Wait until tomorrow.

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

Do you really believe that much of anything that happens in this game is an error? Planned error maybe...

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

Personally I think it'll be a bit closer to 131.50.

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

Unfortunately that's a horrible reason to get into a trade. To quote an old trading adage, "It's better to be out of a trade wishing you were in, than in a trade wishing you were out." PAtience is key. If you needed a retracement to fit your ...

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

And that it's the EURCHF... meaning it'll do nothing for a week and skyrocket in a day.

Backing Trades Thru Charts

Nice call!

Backing Trades Thru Charts

EURGBP Trade — Here it is, with comments.

Backing Trades Thru Charts

NZDJPY — Two possible scenarios

Backing Trades Thru Charts

Actually I lowered it a bit to 1.2485. Let's hope I'm not wrong image

Backing Trades Thru Charts

I'd say any combination of the above, but I'd be wrong. Hey! If this trading thing doesn't work out I can get a job with CNBC!

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

Everyone always says that

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

image Why is everyone trying to pick a bottom when it's clearly headed down?

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

Where did you come across the first 3 Malcomb? I'm a price action kind of guy, but VSA is really piquing my interest. I bought the TradeGuide eSignal plugin, but it seems more like a crutch than actually reading the chart.

Trade Using VSA (Volume Spread Analysis)