osho...trendlines on first
that is it
that is it
Learning to read Price Action with P&F Charting
- Thread starter HolyGrail
- Start date
eurusd
the big palooka is the red line...not the orange one..that was hit
daily data,shows the trend since Draghi commented to save the euro at any cost
the big palooka is the red line...not the orange one..that was hit
daily data,shows the trend since Draghi commented to save the euro at any cost
eurusd 4 hour data
note the triangle before Draghi spoke.price breaks downwards afterwards ad gives us a new downtrend
res from this chart is 1.3400 area
note the triangle before Draghi spoke.price breaks downwards afterwards ad gives us a new downtrend
res from this chart is 1.3400 area
when we go to 2 box reversal.we get a cleaner veiw
dax starting to get a bit nasty now
h1 data
a break below the red line activates a downside vertical count
23 points by 3 reversal
h1 data
a break below the red line activates a downside vertical count
23 points by 3 reversal
eurostoxx 50
which way will it break
res at 2670 area
supp 2570 area
these are trend supports
which way will it break
res at 2670 area
supp 2570 area
these are trend supports
euro breakdown
in 2 steps
the aqua line got taken out
but the green.watch that trend ,if it tests res then 1.3100 area
or sideways..or a move down
eurusd 2 hour data input
20 pips by 2 reversal..hilo plot
http://i50.tinypic.com/ims5ef.gif[/IMG
[IMG]http://i50.tinypic.com/ims5ef.gif
in 2 steps
the aqua line got taken out
but the green.watch that trend ,if it tests res then 1.3100 area
or sideways..or a move down
eurusd 2 hour data input
20 pips by 2 reversal..hilo plot
http://i50.tinypic.com/ims5ef.gif[/IMG
[IMG]http://i50.tinypic.com/ims5ef.gif
cable 4 hour
a test of trend is in 5085-5150 area
35 pips by 1 close from 10 jan
a test of trend is in 5085-5150 area
35 pips by 1 close from 10 jan
usdcad 240 min data
testing trend support
testing trend support
a closer look at the trends on eurusd
we go down to 30 min data
see...a new trend started on 28 feb.red line....not picked up on 120 min data chart posted earlier
res for thsi trend is 1.3100 area
we shall watch this trend
this should teach you a lesson !!!!
never " curve fit " the data.ie.dont go to the best fit box size..
move around to expose the price action
don"t be lazy.....
we go down to 30 min data
see...a new trend started on 28 feb.red line....not picked up on 120 min data chart posted earlier
res for thsi trend is 1.3100 area
we shall watch this trend
this should teach you a lesson !!!!
never " curve fit " the data.ie.dont go to the best fit box size..
move around to expose the price action
don"t be lazy.....