Goldmine!

Hello Traders,

Price had a sell-off and is now at an ML. A simple fork set-up but worked well. For those of you who have been "trying it out", would be nice to see some of your charts with forks :) .

Take care,

FX4Newbies
 

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Here is the last bit of eye candy...

Thought I would post another A/R chart to finish out the week with this chart.

Enjoy, if this is your preference/style :).

FX4Newbies

P.S. Usual weekly wrap-ups will be posted on the blog on Saturday.
 

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Good Morning Traders,

Added a fork to include longer swings. Price met resistance at red SH (thinner red line) but is still trying to push higher. Will have to be very watchful as it might attempt a run north...though it does not look very convincing at the moment. Just trade what you see.

FX4Newbies
 

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For those planning to trade today, here is the deal. Price has been making lower highs but not lower lows. Gold triangle shows possible chart formation pattern price could make. Tread cautiously and be sure you have a solid edge if you decide to click. No place to be trying something out (my opinion) . Maybe even using shorter time-frames might help.

Take care,

FX4Newbies

P.S. For those who may not visit tomorrow, just would like to wish you a very Merry Christmas. Enjoy your friends and family in the spirit of the season.
 

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Quote from FX4Newbies:

For those planning to trade today, here is the deal. Price has been making lower highs but not lower lows. Gold triangle shows possible chart formation pattern price could make. Tread cautiously and be sure you have a solid edge if you decide to click. No place to be trying something out (my opinion) . Maybe even using shorter time-frames might help.

Take care,

FX4Newbies

P.S. For those who may not visit tomorrow, just would like to wish you a very Merry Christmas. Enjoy your friends and family in the spirit of the season.
More...

NOTE: On the chart above, arrows are not to indicate a trade suggestion, but just to note a point of interest. It was stated earlier when the chart was first posted, just wanted to be sure new traders were aware.

FX4Newbies
 
Hello Christmas Eve Traders,

Price has crossed a line (the thick, red U-MLH parallel). Appears that it wants to go higher...don't assume: wait for a tell.

Take care,

FX4Newbies
 

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