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TL breakout + retest TL breakout + retest
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  #31 (permalink)  
Old 12-05-2008, 09:21 PM
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Who will expect a market still such volatile during last few trading hours.

Besides, the trades taken without waiting for retest. Not my type of trades, but still acceptable since get pips.

Both trades using tight SL and TP. Both also using TP SL 30
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  #32 (permalink)  
Old 12-05-2008, 11:29 PM
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Posible trade for next week:

AU 05Dec08 Weekly Analysis.

AU05Dec08Daily.gif

AU05Dec08H4.gif
Last edited by Linuxser; 12-05-2008 at 11:34 PM. Reason: Picture uploaded to forum
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  #33 (permalink)  
Old 12-06-2008, 01:00 PM
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Weekly most recommended. I biased SHORT.
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  #34 (permalink)  
Old 12-08-2008, 06:43 AM
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How I trade the breakout. I place a long for GU in H4 and let it runs.

Then i find opportunity in m30 TF, to long as intraday trades.
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  #35 (permalink)  
Old 12-08-2008, 06:46 AM
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UCad, I didn't place a long term short for UCad yet since the TL still not yet broken. But I keep hunting chance to short in lower TF.
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Last edited by mphpopular; 12-08-2008 at 06:48 AM.
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  #36 (permalink)  
Old 12-08-2008, 08:18 AM
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Thank you mphpopular for great charts and analysis.
What is the entry signal for USDCAD Daily?
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Old 12-08-2008, 09:17 AM
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Tomoro there is a heavy news for CAD, so I not really gonna short it in daily TF. But I will keep on looking for break down in 30m TF. Coz the UCad juz heavily dropped juz now, imposible we expect it to continue to drop for another 100-200pips in this moment, so I stay aside and observe.
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Old 12-08-2008, 09:24 AM
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Maybe a good position for short.
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Old 12-08-2008, 12:50 PM
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Pennant Again in Ucad, I looking on this one, waiting for another SHORT.

If it breaks UP, I wont trade it.
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Old 12-09-2008, 03:03 AM
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Combination of divergence.
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