Target met: image

Backing Trades Thru Charts

It's scary how accurate he is sometimes.

Backing Trades Thru Charts

Confirmation... See the first post on this page. Either that or a coin flip. I forget... it was early EDIT: My LTL was almost a spot on bounce. I suppose that is what you're asking. Different broker... different pricing I suppose.

Backing Trades Thru Charts

I wouldn't short it. As TLC already posted no LL was made on the H4. In addition the next obvious resistance points for the JPY pairs are still a ways up. At the very least I think that they'll drag the AUDJPY beyond this TL and the only way I'd ...

Backing Trades Thru Charts

One of the recent GBPJPY trades as it's shaping up: image And some more motivation for young traders: image

Backing Trades Thru Charts

Here's a short, sweet way to confirm a bounce: image

Backing Trades Thru Charts

T1 Met.

Backing Trades Thru Charts

Now Long

Backing Trades Thru Charts

Is it just me or lately is this pattern just performing poorly? I've not had more than 10% or so hit their technical targets and maybe only 30% of them profitable.

Backing Trades Thru Charts

Looks valid to me. I am pretty sure you'll get a move down to the LTL soon.

Backing Trades Thru Charts

I haven't entered any trades just yet. I only posted ideas for the open and tomorrow. I will sell at or near the resistance if the market open warrants. I will update charts and such after I've entered actual trades.My stop will be above or below ...

Backing Trades Thru Charts

I saw that but typically the cup with handle is viewed as a continuation pattern (in an uptrend), and not a reversal pattern and price has been moving down oh.. for a few years. Since it's after a downtrend it'd have to be an inverted cup and handle ...

Backing Trades Thru Charts

GBPCAD is at resistance. With 3 good institutional moves in the background (red, blue and green arrows) there isn't much support on the downside for a while and no resistance for an even longer way to the upside. Trade 1. Sell resistance with stop ...

Backing Trades Thru Charts

I'm not sure how much I like this one and I'll label it as a maybe and I'll watch it. The channel is there and I won't normally short a rising channel unless there is something else telling me that it's a good point for reversal. The diamond top ...

Backing Trades Thru Charts

EURCAD inverted H&S I can't believe I missed this. This is one of the best performing patterns. Hopefully we'll retest the neckline and that's where I'd get long. It's about a 1000 pip target. EDIT: Or it could be a rounding bottom. Just draw a ...

Backing Trades Thru Charts

CHFJPY channel bounce + daily support zone image

Backing Trades Thru Charts

CADJPY proposed long. image

Backing Trades Thru Charts

What the hell... who knows? PM Sent.

Backing Trades Thru Charts

Which indicators? VWAP bands? Midas? VWAP bands are actually one of my favorite indicators and like the fat kid sneaking a piece of cake... sometimes I throw them on the chart for old times sakes Well then you and TLC will get along famously. ...

Backing Trades Thru Charts