- Search Metals Mine
-
profxtrader replied Apr 30, 2010The simplest of trades... a trendline bounce. Notice how volume has dried up as the trendline is approached. I'm targeting the next obvious level of resistance as I will get flat for the end of the month, and hey, it's the OBVIOUS next level of ...
Backing Trades Thru Charts
-
profxtrader replied Apr 29, 2010And another one. Setup is explained on the chart. Gartley also formed exactly @ 61.8.
Backing Trades Thru Charts
-
profxtrader replied Apr 29, 2010Update — This short has 3 very strong aspects to it: 1) Upper trendline of downward channel which has been well respected. 2) Bearish bat completing at the same level. 3) Monthly R1 at a few pips from that level. I"m not one to say take my ...
Backing Trades Thru Charts
-
profxtrader replied Apr 29, 2010I cut my EURUSD trade @ 50 pips. url Sloppy sideways price action and the inability to close above the confirmation point have me questioning my LTL channel bounce.
Backing Trades Thru Charts
-
profxtrader replied Apr 29, 2010Some more charts for the day. I think they're pretty well marked and explained. And with that I'm out of here. Hopefully close these sometime early euro session tomorrow and be done for the month.
Backing Trades Thru Charts
-
profxtrader replied Apr 29, 2010I'm long since about 50 pips ago. The diamond bottom I mentioned here: url is beginning to play out. I'm already in (obviously from the picture) but although we've breached the confirmation of 3265, I think an hourly close above it would seal the ...
EURUSD
-
profxtrader replied Apr 29, 2010GBPCAD Trade — Here is my latest trade. The GBPCAD broke it's ascending channel and came back up to retest it. I took the longer term LTL's break and retest but have drawn the shorter term one as well and would consider it a valid breakout as ...
Backing Trades Thru Charts
-
profxtrader replied Apr 29, 2010Diamond bottom will probably bring the 1.3400 area within the day. As you can see, I'm already in.
EURUSD
-
profxtrader replied Apr 29, 2010I spent 108 hours last week getting from Panama to Sweden. I hope Iceland doesn't decide to screw up your flight plans!
EURUSD
-
profxtrader replied Apr 29, 2010Don't be sorry. For every buyer there must be a seller. One of us has to be right otherwise we couldn't play this game @ all.
EURUSD
-
profxtrader replied Apr 29, 2010All I can see is absorbtion of panic selling yesterday. IMO the EURUSD is headed up. Probably to the 3570/75 area. url
EURUSD
-
profxtrader replied Apr 28, 2010I just saw this as I drew the triangle above. It kind of looks like we may have a diamond bottom forming as well.
Backing Trades Thru Charts
-
profxtrader replied Apr 28, 2010Here is my EURUSD analysis. I'm kind of discounting the area in the blue triangle where the LTL was breached. It was the FOMC release today and all of the long wicks on high volume to me means that big money is absorbing all of the selling. Once ...
Backing Trades Thru Charts
-
profxtrader replied Apr 28, 2010And thanks. You've truly inspired me to be a lot less lazy about trading and ditch the training wheels.
Backing Trades Thru Charts
-
profxtrader replied Apr 28, 2010GPNZD trade stopped out. url Will look to buy again @ 2.0920.
Backing Trades Thru Charts
-
profxtrader replied Apr 28, 2010Here's another one I just took. I think it's pretty self-explanatory. Gartley + intersection of 2 channels = good support and reason for me to go long.
Backing Trades Thru Charts