|
|||||||
| Show me the money! [Swing Trading] Need some swing trading ideas? Want to share your own swing trade ideas? If you're the next Jerry Maguire and think you can show us the money, then this thread is for you. Also, discover your Forex trading personality in the School of Pipsology. |
 |
|
|
LinkBack | Thread Tools | Display Modes |
02-13-2009, 07:59 AM
|
||||
|
||||
GBPJPY
here is an example of the cloud providing support 
|
|
02-13-2009, 09:10 AM
|
||||
|
||||
|
The Ichimoku system is based to a large degree on support and resistance..
Here the price reached the support level at the top of the cloud and started to reverse... I find it beneficial to pay close attention to more than one time frame in order to see the different levels of S&R
|
|
02-13-2009, 02:27 PM
|
||||
|
||||
|
Your charts
Hi Blaiserboy,
I haven't been following this thread in a long time so I was curious when you posted. I apologize if you've already mentioned this: when do you pull the trigger on H1 charts. I see you use the OSMA which I like myself. Can you talk about this? Again, sorry if you've already been through this. didj
|
|
02-13-2009, 03:14 PM
|
||||
|
||||
|
I like to watch more than one time frame and attempt to enter just below or just above the cloud on a lower time frame....
I also like to watch S & R which I draw on the chart using the higher time frames..... ie use the bumps in the 26 day offset (green moving average) and work fropm monthly to 240 minute.... Using support and resistance and the cloud seems, for me, to be very straight forward... I am not sure if I answered you properly or not........
|
|
02-13-2009, 07:15 PM
|
||||
|
||||
|
USDJPY weekly
This pair could well be worth watching based on the double bottom on the weekly chart.
|
|
02-14-2009, 11:13 PM
|
||||
|
||||
|
USDJPY daily
It will be interesting to see which way this one breaks..... the double bottom on the weekly would seem to indicate that we will see this turn bullish.... For the present, the daily chart is in a range with both Tenkan and Kijun being flat. Someone wanting to trade this one will have to use a lower time frame, at least until there is clarification on this daily chart. Last edited by Blaiserboy; 02-14-2009 at 11:17 PM.
|
|
| Thread Tools | |
| Display Modes | |
|
|
Linear Mode
