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- renasdad replied Mar 24, 2016
Did you get in this one?
- renasdad replied Mar 24, 2016
I've been in since that 1hr bar closed
- renasdad replied Mar 23, 2016
No lines or anything just looking at this, if it closes with a strong bar like that and this time of day, I would take a long position with a SL below the previous low.
- renasdad replied Mar 23, 2016
Here's a pair I've been in. Textbook breakouts. Buy on the break of the lines with a SL at the most previous low. Depending on how far from the break to the previous low is what determines how big the position is.
- renasdad replied Mar 23, 2016
oops, forgot the chart.
- renasdad replied Mar 23, 2016
99 times out of 100 I don't trade any CHF pairs. But if it is going to bounce and go back up I would assume this is sort of what would happen. Based on price action It is not a good idea to go long with this. If anyone is taking smaller long ...
- renasdad replied Mar 23, 2016
Be careful.....4 hr chart EG look at that flag
- renasdad replied Mar 23, 2016
Just added to my position after the break of the blue line especially with what time it is and what asgcorp posted First position TP is 1.1105. The second position will be held and I will watch price action to see when I should close it.
- renasdad replied Mar 23, 2016
This is also what I see forming...Another triangle. Depending on what a 5 minute or maybe 15 minute chart looks like when price gets close to that top line, I will open add to my position when the line is broke.
- renasdad replied Mar 23, 2016
I know I said I am bearish on this pair but I also say a person can't be married to one side or the other. An open mind is the best thing to have when trading. I took this trade yesterday afternoon (my time). I bought on the break of the triangle ...
- renasdad replied Mar 23, 2016
Shorted this where the blue arrow is. It was begging to short on the 1 hr so I watched the 5 minute chart looking for a good entry. SL is 25, TP ??? I gotta go see where I'm gonna look for profits now.
- renasdad replied Mar 22, 2016
Looks like it might be time to short this one. 20 pip SL, 250 TP.
- renasdad replied Mar 22, 2016
@Shemski...Be careful bud. Look at all the turning points at this level. There is a chance of it reaching the first or even second blue line but, be just cautious
- renasdad replied Mar 22, 2016
I see what you're saying.
- renasdad replied Mar 22, 2016
And here is a weekly of USDJPY.
- renasdad replied Mar 22, 2016
And here is a 1 hr chart for USDJPY. The highlighted down bars is the flag pole and the channel is the flag.
- renasdad replied Mar 22, 2016
Here is a daily chart for USDJPY. Definitely a bearish flag forming.
- renasdad replied Mar 22, 2016
This is setting up nicely again. Its a 15 minute chart of USDJPY.
- renasdad replied Mar 22, 2016
Here is possible a very nice head and shoulders forming on audnzd.
- renasdad replied Mar 22, 2016
Just woke up and started scrolling through charts. Look at this beautiful setup.