My Live Charts - If anyone needs help its free ok - simple trading for simple people

[dennis14685]

@Vinster

NZD/USD is starting to range. Bought off the WPP and is in profit now. I was about 5 pips late but still at the bottom of the range.

Nice trades, 0.8007 should confuse the market intersection of a rising daily channel

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[christinaa]

Dennis what you think of EURUSD buy on SQ
Am i doing the GAPs right?
DAILY S&R AND 4H S&R weak?

[dennis14685]

yeah i’m a little confused as well, so if we are looking at the charts and it appears there is a short sq forming, we see the end of ny session and also look at the asian session, once the asian session establishes a range within the same range as the very end of ny session, then we would sell in the very beginning of london session, and sell at the top of the asian session?

…

[dennis14685]

dennis what you think of eurusd buy on sq
am i doing the gaps right?
Daily s&r and 4h s&r weak?

mixed, see explanation on chart

[christinaa]

Thanks, yes i was mixed aswell, its good to know im doing the gap/vertical lines same as
you. OK i might miss EURUSD today what about EURCAD SHORT SQ
initial daily S&R in the way first

[dennis14685]

yeah i’m a little confused as well, so if we are looking at the charts and it appears there is a short sq forming, we see the end of ny session and also look at the asian session, once the asian session establishes a range within the same range as the very end of ny session, then we would sell in the very beginning of london session, and sell at the top of the asian session?

^^ ^^ ^^ ^^ ^^ ^^

[christinaa]

So if you were long from bottom of tokyo channel on last bar of session. Then tokyo has no place to go apart from a test of the top channel (30 pips). Hold that position at 30 pips into london.

YES! you just confirmed what i thought was right. ok great, but today im not seeing any channel trades, so im looking for SQ and BC

[christinaa]

this one looked better but there was some 1H S&R in the way so i thought i would wait, but isn’t there always going to be atleast something in the way?

[dennis14685]

@christinaa

this one looked better but there was some 1H S&R in the way so i thought i would wait, but isn’t there always going to be atleast something in the way?

GOOD. Now some time back Mr. Shuldz posted me to a link for Raghee Horner. Shes a pure Chartest…Paying respect to most of the things we are. Difference. She does not pay much attention to market timing. But she respects the 200. She uses a 34 Wave for short term price Analysis.

Her Trade patterns ideas are top of the mark. Pay respect to her posts…We are a step above with market timing and are use of the 20. But we are dead evens on everything else…

Official website for trader and author Raghee Horner

[dennis14685]

[QUOTE=dennis14685;412962]^^ ^^ ^^^ ^^^

[dennis14685]

[] ,

[christinaa]

Good thing i stayed out of EURUSD

I ended up trading USDCAD and NZDUSD i think i took profits early, i didn’t buy NZDUSD on the low of asian but i bought on the low of channel/trendline

[christinaa]

I missed this short SQ opportunity going through charts

[dennis14685]

@christinaa

good thing i stayed out of eurusd

i ended up trading usdcad and nzdusd i think i took profits early, i didn’t buy nzdusd on the low of asian but i bought on the low of channel/trendline

C -buy the lower channel sell the upper, not in between…l.

[dennis14685]

I missed this short SQ opportunity going through charts

yes that was huge

[christinaa]

@dennis14685

C -buy the lower channel sell the upper, not in between…l.

no i bought on the channel/trend of the nzdusd trade not the usdcad

im looking at your analysis of usdcad but i cant make out the channel

[christinaa]

yes that was huge

i just saw the Tokyo range high, and 20 - 200 SQ S&R.
i didn’t notice the channels, from now on i’l use 1H channel/trendlines

and what do you mean by grains in the sand?

[dennis14685]

i just saw the Tokyo range high, and 20 - 200 SQ S&R.
i didn’t notice the channels, from now on i’l use 1H channel/trendlines

and what do you mean by grains in the sand?

basically use your fibs and support channels as your line in the sand: its consolidation.

[Sweet_Pip]

@dennis14685

as i said the break out happans in gap 3. gap 3 is the close of tokyo and 2 hours before london open. enter before tokyo closes. rule, buy the lower channel sell the upper, with good judgement, All the usual suspects, do not ignore them.

I thought Tokyo closes (8am GMT) an hour after London starts (7am GMT)? So then gap 3 is 2 hours before London open and 3 hours before Tokyo closes?

[Sweet_Pip]

@dennis14685

C -buy the lower channel sell the upper, not in between…l.

So gap 2 on Oct 23, where you have “Grains in Sand Buy” text box, the range was defined in like the first couple of bars, and never went back down to the “buy zone”… so how would have known to buy there where you have the white circle so early the channel formation? and then it became a BLC in the sell zone as it brokeout of the gap 2 channel when it crossed the 20ma up…so you wouldn’t have bought then?