That's great, thanks for your help.
That's great, thank you for the explanation. What is the trigger that defines the formation? Is it a break through the b wave? Do you have any...
Can someone please give me an example of what Linda Raschke means by a power buy/sell setup? I've scowered the internet and her website looking...
Correct with the GBP...tgt is 1.75ish...usdchf head and shoulders attached...neckline about 1.2950...with a stable eurchf(1.5420), puts the euro...
Hey Trade-Ya, I'm with you...but I'm just showing what is developing technically...and doesn't it worry you a bit that all this money is tied up...
We may be breaking down from a L/T Weekly wedge, and violating an extreme trendline going back early 2002...In my experience, L/T trends do not...
I just covered my aussie on a dip at 62...was short at 57...I'll resell on a true break of 45...I think if you leave a stop at 1.21 that the noise...
my stop in aussie is 85...so about 15 points away...I don't love it, its closing strong, and I was into the trade a bit early without having the...
We break thru 1.2060 it confirms a 1-2-3 V reversal for a minimum tgt of 1.2015...good luck...playing aussie with same formation
Why do you use stops when it seems like you are constantly getting right back in?
usdchf, gbpusd, and audusd are all moving away from their extremes...except the euro, it may play catchup or it may be leading...not sure here
from a risk/reward view, my tgt was 1.2080...I'd have to risk above 1.2140 ...and we've had no bounce since we broke back down off the...
think we may be playing in nothing but noise in the euro...
nuked at 32, that may be it for the downside in euro..
Yet another Raschke grail trade printed...sold euros @ 1.2117 risking 1.2132 for 1.2090 and lwr...risk reward about 1:1, but its a better than 50%...
are there any GBP traders out there? I think this thing is going to continue to collapse, we've broken through trendlines, head and shoulders...
I agree and disagree with you Neal. I think that the edge that the day trader has is that he is first to catch when the long term systems guys...
I'm pretty much all technical analysis, but get my ideas on price action and look for indicator confirmation...I trade my long term chart ideas...
What do you use to trigger trades? What's your analysis like? What timeframes do you use?
what it is basically is in a strongly trending mkt...(ADX>30), you look for a test/breach of the 20 period exponential avg...in a downtrend(like...
Separate names with a comma.