Hi Nicholas, Thanks for the advice. I will read the information again. Thanks[/quote] Hi your welcome chanlf, here is a live example, in the chart we have a major wave which is composed of an intermediate trend with an intermediate retracement ,its ...

Trend Trading With Support and Resistance

Trading — Hi, If you have read the thread from the beginning you will know that this method of trading involves various aspects of market behaviour Peak and trough analysis the key which is how the waves are created Trend right side chart ...

Trend Trading With Support and Resistance

Thank you Dezil , i have mentioned this from the beginning, yes the key is the definition of the major ,intermediate and minor waves to be able to trade this way. THE KEY TO ALL THIS The internet is full of information on what the trend and support ...

Trend Trading With Support and Resistance

Example — Hi, Lets clarify, identify the beginning of the whole wave or major wave , see the chart, find the intermediate trend as the whole wave is made from intermediate waves ,use the minor trend as the intermediate wave is made from minor ...

Trend Trading With Support and Resistance

chanlf, hmmm, i think you need to re read the information again, find the major wave , then the intermediate trend and retracement in the major wave and use the minor wave trend to reenter in the direction of the intermediate trend of the major wave ...

Trend Trading With Support and Resistance

Trading — Hi , i hope you like the charts ,so how do we trade it ,well its pretty easy to work that one out but here for those that may be a bit behind with technical analysis. The aim of trend trading which has the highest statistical % of ...

Trend Trading With Support and Resistance

Charts — Hi, Lets take a look at some charts , once again i am not going to reveal the key which is method i use to clearly define the trend , retracements ,support and resistance, peaks and troughs and fractal waves in a visual manner with no ...

Trend Trading With Support and Resistance

Answers — Hi, Dezil , what is the purpose of anything? chanlf, ok so a lot of you want charts , personally i dont see the point of pretty pictures although i am guilty of posting some in the past , as i said i would hate to mislead you into ...

Trend Trading With Support and Resistance

Answers to questions — Hi , chanlf, as an experiment take a single daily bar and look at it on the 1,5,15 minute chart etc ,how many waves(peaks and troughs) ,trends , do you see, do the the same with 2 daily bars or use the 4 hourly bars etc ...

Trend Trading With Support and Resistance

Of course a picture is better than a thousand words but in this case any pictures that i post will not contain the key The key - is the method i use to clearly define the trend , retracements ,support and resistance, peaks and troughs and fractal ...

Trend Trading With Support and Resistance

whats all the ??? about , i posted my entry this morning buy above 1.54479 or do you want some pretty pictures nicholas

Cable Update (GBPUSD)

cable

Cable Update (GBPUSD)

LOL - short , were in a daily uptrend /weekly retracement nicholas

Cable Update (GBPUSD)

Cable — Go cable , c all u bears at 1.55625 nicholas

Cable Update (GBPUSD)

I would say it depends on your perspective ie timeframe/s you trade from , it might help if you guys give the timeframe for your trade. Personally i stick to d1/4h/60 or 4h/60/15 so even if we are in a retracement on the 60 minute i will not trade ...

Cable Update (GBPUSD)

cable — Cable is in an uptrend on the daily although it is not a reversal , we have just had a retracement ,so a break above 1.54479 should take us back into the uptrend towards 1.55746. nicholas

Cable Update (GBPUSD)

cable — buy above 1. 54193 as long as 1.53643 holds next resistance in current uptrend sitting at 1.55746 nicholas

Cable Update (GBPUSD)

CABLE — Long above 1.54616 if the low at 1.53984 holds nicholas

Cable Update (GBPUSD)

Its all about how you read the charts right or wrong. nicholas

Cable Update (GBPUSD)