lol let me try out i love posting charts coz i learn esp this sr levels arrgh hey i posted the gbp/jpy is that the same SR ur looking at?
for eur/cad i see like its a done deal looks like the level has been tested not unless theres something am not seeing
the rest gpb/usd,eur/aud av out the blue line indicating the levels i would watch opinions welcome
the euraud is exactly the same. the gbpusd is the same, but i prefer to look at the 4h chart for a clear entry level. for gbpjpy i’m also looking at the 4h chart, and the equivalent level like for the gbpusd you posted. meaning i’m looking at the SR level at around 124 and 124.36 to short from. for eurcad i mean a complete different level (also spotted on 4h chart). i see a SR to short from around 1.2810, which is on my chart the open of a 4h low pinbar from the 15th and also the low of 08:00 4h bar from yesterday. hm, hard to explain the eurcad. maybe will post a chart later. need to study right now.
TopFroxx did you get GBP/USD? it is doing well
missed the entry by 8 pips
what a pity dude!!
Take a look at EUR/GBP … that’s so close to complete the retest. i have settled pending order.
just came home and also see, that i missed eurcad short by 4 pips. not much going on for me this week it seems
Where did you enter and what r/r ratio did you manage ?
I’m having some problems evaluating the wave indicator. In this case it has retraced only on M15 and lower, on the other hand the trade would have gone very well if entered on the first retest - around 120 pips as of now:
To be honest I can’t see any retest in EUR/GBP… it seems very messy to me. Can you possibly say a bit more or maybe post a screen ?
i do not know what he ment either
just reviewing the SR thread when a new low or high appears then we look for retrace and enter right there , as you see below jankes in daily chart the candle i showed braked the previous low then i followed in 1 hour chart for price to test that new resistance zone to enter , about the waves you said , i my self is working on elliot waves still gathering some info to know where the move is dynamic or not , hope that SR player help us more about the wave indicator
1:3 ratio as the thread rules however sometimes when i am more sure the trade i do more risk.
no problem dude , SR zones show up every where , lol
What do you guys think about this GBPJPY ?
It’s coming to the daily support level, but it’s falling too fast.
i think is going to be the one we look for. let’s wait price dive the zone:44:
Oh that… I’ve seen it before on W1. I’d say it has already been tested in June 2010 as the zone you highlighted seems to be a bit wider, so this would be a second test. But there was a 100 pip short opportunity on 21.05.2012 off the very same June 2010 support-turned-resistance level that seems to have invalidated your idea.
Yes it was a valid SR level, but the waves indicator dynamic move would of needed the H1 to be used, as the H4 did not retrace back to zero
NZDCHF Daily. It seems like a legitimate set up for me, what do you guys think? Very distinctive support and has not been tested. Just short at the top of the support level ?