Sorry but I am curious why you think they are wrong. Would you draw an ascending triangle?

EURUSD

Explain yourself. Why are my trendlines incorrect. Forex is never a certainty. So you say if I am not 100% sure I souldn't trade? Nice strategy. Can't lose money that way Greetings

EURUSD

Downtrend still valid. Short 1160 TP 1030 for touch on the triangle. Weekly image Daily image H4 image

EURUSD

In my opinion we can expect more to the downside. As seen on the weekly a symetrical triangle continuation pattern which is about to hit the breakout point. image On the daily the same thing expecting a breakout next week using fib time zones. ...

EURUSD

#22 Trade Entry / Management For trade #22 buy stop got hit, for now on each lot 50pips up. I moved my s/l to breakeven. And added a trailing stop on lot 1 of 110pips. For lot 2 adjusting S/L on the daily. Lot 3 will remain @ breakeven until I can ...

Plan the Trade / Trade the plan

Using the fib timezones on the rising wegde This week looks to be a nice time to trade the breakout. Short all the way! Greetings.

Cable Update (GBPUSD)

A spinning top on the daily Rising wegde after an uptrend on the H4 Start of a new Fib timezone Rsi divergence I'm still in a long trade but when the market opens I will add sell stop orders. grtz

Cable Update (GBPUSD)

Idd ...

Cable Update (GBPUSD)

A rising wedge after an uptrend is usually a bearish reversal pattern. I'm thinking on closing my long position before the weekend, unless it breaks.. A sell stop below the wedge would be something to look at on monday. This would be exactly after ...

Cable Update (GBPUSD)

close call? or is it going down further.

Cable Update (GBPUSD)

#22 Trade Setup If we connect the wicks instead of the open/close we get a bullish pennant which is a sign of continuation. If the uptrend continues this could mean a big move up. - Speed is UP (Crossing of EMA 21 / EMA 55) - Momentum D is UP A ...

Plan the Trade / Trade the plan

#20 Trade Entry / Exit Buy stop got hit, there wasn't enough momentum to break the last high. Looks like we have reached consolidation and I'm looking at an ascending triangle which is a sign of reversal. Closed all positions. Closed in 30PIPS. ...

Plan the Trade / Trade the plan

When using the open/close I get an ascending triangle which is a reversal pattern. Sell stop in place. If it gets hit valid entry on EMA 5 / SMA 8.

Cable Update (GBPUSD)

Ok.. patience my friend

Cable Update (GBPUSD)

Any prediction on direction after consolidation? grtz

Cable Update (GBPUSD)

I'm seeing a pennant. Or I'm seeing what I want to see. image Only the break of the RSI trendline is bringing me some concern. I'm holding long because of: - The bullish pennant - RSI > 50 - EMA 5 / SMA 8 entry on H4 - Momentum D UP ...

Cable Update (GBPUSD)

#20 Trade Setup Management Nice hit on the trendline. Have moved my S/L to below the trendline and buy stop above SMA 8. Buy stop @ 4572 S/L @ 4497 (3 X -75PIPS) -> Adjusted lotsizes accordingly. TP1 @ 4757 (+185PIPS) TP2 @ 4812 (+240PIPS) TP3 @ ...

Plan the Trade / Trade the plan

Mixed signals all over In a short. Buy stop in place for a hedge. For the short term I would say move down to 450x - 445x. Long term going up - 480x

Cable Update (GBPUSD)

Rsi support breaking? Let's see if it can break 50.

Cable Update (GBPUSD)

Crossing of EMA 21 with EMA 55 might indicate a big move up. Outlook Update GBP/USD | 27/04/2016 EMA 5 crossed SMA 8 down, Momentum H4 Down. EMA 21 crossed EMA 55 up, Speed D UP Trend D (EMA 200) - DOWN Speed D (EMA 55 / EMA 21) - UP Momentum D (SMA ...

Cable Update (GBPUSD)