High-Low Swinging

Hey Bank,

Thanks again for the response.

I think i was getting confused with PVSL and HL entries… i think im clear about the difference now.

I’l post some set ups as and when i see them, i guess that’d be the best way to learn if im seeing these patterns correctly. it also helps the other users of this thread keep tabs with the different pairs.

will be back soon…

Evening all,

Just lookin back at today’s charts, I’m still working silly hours and will be doing for a few weeks so I wasnt around when this setup traded but thought I would post the link below just to show a quality example of this method in action. As I have said before I love trendlines and channels, when combined with this method these signals can be very reliable.

http://img690.imageshack.us/img690/2738/eurusd1hr01march.jpg

Hey lil pip, happy to hear of the progress. Looking forward to the charts. For some reason though I am hardly able to access this site. :frowning:

Stopped out on this trade. Next…

[B]EUR/USD H4 LONG[/B]

http://img825.imageshack.us/img825/5653/euh4.jpg
Monitor counter setups on lower time frames to confirm trend reversal (downwards)

GM All! Stop moved to 1.3821. Sorry for the limited post this week, its very busy.

[B]GBP/USD 30M[/B]

Pending close below 11% resistance before any shorts can be taken.

http://img713.imageshack.us/img713/4510/gu30m.jpg

Updated Entry point

http://img12.imageshack.us/img12/5820/gu30mnew.jpg

[B]EUR/USD 30M[/B]

Pending close below 11% resistance before any shorts can be taken.

http://img101.imageshack.us/img101/8927/eu30m.jpg

[B]AUD/USD 30M[/B]

Pending 2nd close below 11% resistance before any shorts can be taken.

http://img718.imageshack.us/img718/2861/au30m.jpg

Stopped out with profit.

Nice trade Bank, can I ask you why you chose to move your stop to 1.3821. Was it based on the rising trend line or the 76.4 fib?

Thanks pyd! I just locked below the 6:30am which showed possible reversal below the 89% of the up move.

Ah I’ve got ya, Nice move. There was a 20 pip drop after that, it has retraced since but a nice exit point

Yes I saw it, I always like to protect profits as no move is 100% predictable.

Good Morning! Any trades for today?

Good Morning RajaNoman,

Wanted to post these setups but could not get on to the site.

[B]GBP/USD H4[/B]

http://img852.imageshack.us/img852/8863/activegbp.jpg

[B]NZD/USD H4[/B]

Counter setup at 0.7414.

http://img4.imageshack.us/img4/7384/nzdn.jpg

Shorts are continuing strong so far. GU needs to break and close strongly below 1.6240 for further downside movement.

[B]GBP/USD[/B]
Stop now at Breakeven. H4 counter setup at 1.6257.

http://img848.imageshack.us/img848/6833/gbpupdate.jpg

[B]NZD/USD[/B]

Stop now at Breakeven

http://img215.imageshack.us/img215/962/nzup.jpg

NZD/USD Short closed at early tp 1 & 2

GBP/USD Short at counter short setup level.

Hey bank, thanks for the updates. Can I ask where are you picking up the 1.6240 support level from?

Hi pyd, I used the PVSH that started the last up move. http://img717.imageshack.us/img717/9568/supportjp.jpg

GM All sorry about posting these, after the fact charts, but we know that Babypips is working on the site.

[B]GBP/USD H4[/B]

Sold the retrace to the 55%.

http://img46.imageshack.us/img46/3305/gushort.jpg

Stopped out with profits. Out for the week. Wish you all a good weekend!