Classic T/A & signals
- Thread starter Naif
- Start date
this order is canceled
i just exited from this with only gain +10
i exited with +15 gain
>Apocalypto<
20.03.2012
- Joined
- 2 February 2007
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Hi Naif,
EUR/USD
is this still a bullish situation?
trend is up, very deep retracement in process now nearing main trend line I spoke with Wavepicker he is expecting a wave 4 on the aud / usd so this retrace could be a wave 4 on the euro now.
there move down is strong but currently its pausing a little I am looking for confirmed support higher low or double bottom to signify a resumption of the trend. It may become cluttered soon on the 4 hour chart but the up trend is very strong, IMO i think there will be another rise but whether it takes out the old high is the main evidence that this trend may be starting to change.
seeing a confirmed point of support is a must for a entry on the long side a rise that fails to beat the high with a quick decline with minor high and decline again will indicate a bigger longer move down could be stating.
see chart........
EUR/USD
is this still a bullish situation?
trend is up, very deep retracement in process now nearing main trend line I spoke with Wavepicker he is expecting a wave 4 on the aud / usd so this retrace could be a wave 4 on the euro now.
there move down is strong but currently its pausing a little I am looking for confirmed support higher low or double bottom to signify a resumption of the trend. It may become cluttered soon on the 4 hour chart but the up trend is very strong, IMO i think there will be another rise but whether it takes out the old high is the main evidence that this trend may be starting to change.
seeing a confirmed point of support is a must for a entry on the long side a rise that fails to beat the high with a quick decline with minor high and decline again will indicate a bigger longer move down could be stating.
see chart........
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>Apocalypto<
20.03.2012
- Joined
- 2 February 2007
- Posts
- 2,233
- Reactions
- 2
USD/JPY
more long profits to come??
I am bullish on the USD/JPY, Daily chart shows a clear change in trend with a accumulation base that has been broken out of. See daily chart.
4 Hour USD/JPY.
price is in a new uptrend the fast trend that has broken of the main trend is looking like it's going to have a minor retrace. it has found resistance at a prior resistance point. it may not be as deep as what i have displayed with the 38% 50% and 61% fib points they're just possible guides not certainties.
a close and lower high below 11600 is a bad sign.
IMO time is need to see how much selling is going to take place a support point with confirmation is needed to trigger another long. overall I am bullish on this pair and until shown other wise its a long.
See charts
more long profits to come??
I am bullish on the USD/JPY, Daily chart shows a clear change in trend with a accumulation base that has been broken out of. See daily chart.
4 Hour USD/JPY.
price is in a new uptrend the fast trend that has broken of the main trend is looking like it's going to have a minor retrace. it has found resistance at a prior resistance point. it may not be as deep as what i have displayed with the 38% 50% and 61% fib points they're just possible guides not certainties.
a close and lower high below 11600 is a bad sign.
IMO time is need to see how much selling is going to take place a support point with confirmation is needed to trigger another long. overall I am bullish on this pair and until shown other wise its a long.
See charts
Attachments
Hi Trade_It
yea eurusd is still bullish , and there is important levels should be taken out to be bearish...
eurusd from 1.4013 it raised to 1.41 and if you draw the broken up ascending channel in the weekly chart you will see why eurusd raised to 1.41 from 1.4013...
usdjpy is still uptrend for the short term and 116.50 should not be broken.. and maybe will rais to 119 level before it falls...
eurjpy and gbpusd broke down an uptrend line. AUDUSD is becoming stronger and there is many signals that the correction is soon but audusd still didnt break down the up trend lines in 4hr, daily and weekly charts..
cheers
yea eurusd is still bullish , and there is important levels should be taken out to be bearish...
eurusd from 1.4013 it raised to 1.41 and if you draw the broken up ascending channel in the weekly chart you will see why eurusd raised to 1.41 from 1.4013...
usdjpy is still uptrend for the short term and 116.50 should not be broken.. and maybe will rais to 119 level before it falls...
eurjpy and gbpusd broke down an uptrend line. AUDUSD is becoming stronger and there is many signals that the correction is soon but audusd still didnt break down the up trend lines in 4hr, daily and weekly charts..
cheers
