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  #16 (permalink)  
Old 05-09-2008, 08:20 PM
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AUDUSD

This pair is trading in a tightening range. the wedge is soon to be broken... hard to say what the direction will be
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Old 05-12-2008, 11:11 PM
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  #18 (permalink)  
Old 05-13-2008, 03:30 AM
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Quote:
Originally Posted by Blaiserboy View Post
GBPUSD 240 minute

Ilya...... would you enter once the lower line is passed. or would you insist on waiting for a top?
If the lower boundary is broken I would get short. Of course keep in mind that risk-reward considerations are very important, so if GBPUSD were to crash a couple hundred pips through the boundary because of a spike in volatility it may not make sense to get short because price action has veered too far towards the target on the initial push to make the trade worthwhile.

As always, flexibility is important.


Ilya
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Old 05-13-2008, 03:49 AM
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Quote:
Originally Posted by Blaiserboy View Post
USDJPY

nuther look.......
Yet another look at USDJPY.


Ilya
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Old 05-14-2008, 09:51 AM
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HI experts of simple stratigies,
I'm very glade to see this simple and very valueable method on this forum and its active participance. hope we trade more effectively without some complex methods.
Last edited by St_Fx; 05-14-2008 at 10:02 AM..
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Old 05-14-2008, 07:37 PM
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Another perspective on the EURUSD, this time from a 4-hr chart.

Ilya
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Old 05-28-2008, 12:58 AM
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Golden nuggets of forex trading
Bollinger bands are very useful in determining price direction. You will notice that whenever the bands tighten, price explode out in a direction that is pretty much determined by the attitude of the 200 EMA



Source : Forex Capital Market
Last edited by nicolebobbin; 05-28-2008 at 01:01 AM..
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  #23 (permalink)  
Old 05-28-2008, 01:10 AM
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Thanks for the info re the 200 and Bollinger Bands, I will have to watch for that


Thanks again.......!!!!!!!
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Old 05-30-2008, 06:55 AM
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EurUsd 30 minute

I feel that price is going to test that UML and break thru based on the divergence
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Old 06-02-2008, 12:34 AM
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GBPUSD weekly



Definitely there is a triple bottom and there is another support area showing on the weekly chart.......... so that zone is going to be difficult to penetrate.
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Old 06-02-2008, 03:05 PM
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Old 06-05-2008, 07:08 PM
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Trend lines profit
If everyone uses trend lines and we all think the same, how do we make money?????
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Old 06-06-2008, 10:36 AM
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Quote:
Originally Posted by tom64 View Post
If everyone uses trend lines and we all think the same, how do we make money?????
There are many factors to be considered in the marketplace...... such as.. the diversity in the types of people who are active in it, traders using different time frames, governments adjusting interest rates etc.

The amount traded by the public, such as day traders is relatively insignificant in the total currency market.

Not all people use trend lines, many people use a few different approaches for their decision making, trendlines is just a part of the process.....
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Old 06-06-2008, 02:18 PM
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If everyone uses trend lines and we all think the same, how do we make money?????
For everything that we do that utilizes similar methods, that are so many people using different methods (or just guessing). And like blaiser said, what individuals are doing in th market is much less than other groups, such as the big banks, etc.

Jackclown, what is that most recent chart you put up?
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Old 06-06-2008, 04:29 PM
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He is using some trend lines to support a 'measured move'. his trend lines look pretty convincing. we will have to watch future developments to see if he nails the next move...

Hopefully he will remind us.....
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