Little profit Possible....but ViableOriginally Posted by ;
yea i think so. Will prob form a higher low. I also got a wolfe wave around the daily(the grim trendlines) pointing up towards the top 2.40s.
A very nice set up...I can get used to this!! This allowed me to take an evening off....morning too!!
UPDATE: Adjusted Trailing cease to 2.3565 @ 3:50pm EDT / high of past 4h bar
UPDATE : Ranking Closed Manually at 2.3530 - 9/26/07 10:46pm EDT 192 pips
So lots of Trading Rooms are confusing me and Im posting the very same pics in incorrect areas.
Anyway, GBPCHF 4H with a clear downtrend and a clear double bottom support at 2.3500. I will seek for shorts if this degree gives way to the downside.
It is intriguing to me how different traders will look at basically the same charts and make distinct trading decisions: I'm went extended from 2.3530 into 2.3630 with PA, Fozzy plus a Fib.
GBP/CHF 4H
Long on a buy limit. Employed 1 hour for entrance. I didn't go long on the close of my 4h 8/8 cross....reason being....the gbpchf gbpjpy go too fast for my own blood. . .and I sought to get in at another stab at the 4 hour supports. It worked, though no sweat had I never been filled either. Better to find the fill you need, compared to a Bad fill and get Stopped out.
BB. . .noticed our cross' occurred 1 pub ( 4h ) apart? Not by far. My cci was going upward, along with your stoch. . .yet I waited to the cross....maybe the feed.
Oanda includes 3 hour charts, no 4, and Dukascopy charts just plain suck! ....and NF Freebies could differ than yours.
Any way....posting for inspection
Let us see if I will find these side by side....Fxj