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Maksigen Trading System, M15 timeframe.
Just some information which everybody may read directly from the image attached:
-width of the channel is 50 pips today (good trading day);
- if you are trading from outside the channel so you should already have sell order sometime ago at 1.2127;
- if you are trading on breakout so sell stop order at 1.2070 and buy stop at 1.2146;
- downtrend with support with 1.2134 and 1.2139; resisance with 1.2098 and 1.2070.
Ok i rephrase the question looking at here there were sell orders so are you guys still selling gbpusd. Just watching this thread for forcasting.
It was sell stop order. Yesterday in the morning.
According to one system only on M15 timeframe.
I am doing this forecasting every morning mostly for myself and I did not know that somebody will follow it.
Situation with sell stop and buy stop orders are changing all the time. It is dynamically moved resistance lines.
Well.
Tomorrow I will give some analysis.
But I am doing it on EURUSD.
I will try to do it for GBPUSD as well.
But please note that this forecasting is nothing with my ability: I am reading the charts with the indicators only. So everybody can do it with no problem. And it is not forecasting. It is evaluation of the situation.
It was sell stop order. Yesterday in the morning.
According to one system only on M15 timeframe.
I am doing this forecasting every morning mostly for myself and I did not know that somebody will follow it.
Situation with sell stop and buy stop orders are changing all the time. It is dynamically moved resistance lines.
Well.
Tomorrow I will give some analysis.
But I am doing it on EURUSD.
I will try to do it for GBPUSD as well.
But please note that this forecasting is nothing with my ability: I am reading the charts with the indicators only. So everybody can do it with no problem. And it is not forecasting. It is evaluation of the situation.
Right, i'll keep that in my mind. I trade my own system and do not follow anybody else i am just following this thread for being interested the way ichimoku works . Keep evaluating it's interesting and very advanced system
One.
__________________
-PATIENCE IS THE KEY TO VICTORY-
EUR.USD day traders picked up some nice pips yesterday.
I closed off my shorts +102 which was very pleasing,
and anyone shorting the GBP as mentioned yesterday
should have made some pocket money.
Lets look at another pair using Ichi - USD.JPY
The weekly chart gave a confirmed signal w/e 10 June 05
at 10863. This move has been in profit upto a maximum 1276 pips
at one point, and the action may be heading for even higher territory.
Because, by adding some Western techniques we see a
Symmetrical Triangle, and this would normally be classed
as a continuation pattern of the previous trend, so perhaps
there is still more to come.
EUR.USD day traders picked up some nice pips yesterday.
I closed off my shorts +102 which was very pleasing,
and anyone shorting the GBP as mentioned yesterday
should have made some pocket money.
Lets look at another pair using Ichi - USD.JPY
The weekly chart gave a confirmed signal w/e 10 June 05
at 10863. This move has been in profit upto a maximum 1276 pips
at one point, and the action may be heading for even higher territory.
Because, by adding some Western techniques we see a
Symmetrical Triangle, and this would normally be classed
as a continuation pattern of the previous trend, so perhaps
there is still more to come.
Cheers - Sam
Good trading nice analysis.
One.
__________________
-PATIENCE IS THE KEY TO VICTORY-