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Thread: Trend Line Trading

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#242 (permalink)

03-23-2009, 09:17 AM

Bignatx

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Join Date: Oct 2008

Posts: 340

Bignatx is an unknown quantity at this point

Quote:

Originally Posted by Bignatx

Update of my previous EurNzd chart

http://i47.photobucket.com/albums/f1...rnzdupdate.jpg

As you see the price bounced right off the trendline. I have a long in at the TL and have already moved my risk to 0. I will lock in profit soon as i have the chance. I would actually still like to see this fall through the TL, it goes much better with my wider view of Nzd

This pair has broken through trendline Just as a stated in my first post, will be looking for drop rtests of trendline and another big drop

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