Wait for AJ to make a move past support 83.50. No need to rush set up a alert and when it passes put in for a sell Patience. PIPGOD_ No indicators, watch the charts.
Wait and let the price leave the box. Let the market make a decision
Price is continuing to form lower lows a correction period is coming up, getting ready to go to number 6 on my chart, when it forms 6 be ready to sell once the correction is over.
If price crosses upper blue line buy if price crosses lower blue line sell.
Ive detected mini higher highs on the 4h chart. Using my PIPGOD strategy I'm expecting price to have a correction creating a 4 and 5. The five will be the next higher high. After getting a green candlestick I would personally put in for long. No indicator on this one all price action
I've developed my own strategy that enables me to pinpoint price action and determine higher highs and lower lows. I advice people to work on developing your own strategy because that's how you're going to win Be You. PIPGOD
Look at all the charts and you will see a huge inverted head and shoulders from the H4 to the 15min timeframe. I put in for a long just from my my analysis. Using the line graph I created support and resistance zones so that I can keep track off price movement. 4 levels up and four levels down. These zones will let me know if the price is going in the desired direction.
I used a new technique in my strategy using the green and red flags to help me identify higher highs and lower lows and vice versa. If there are more green flags vs more red flags at the top than bottom then it's a uptrend. If there are more red flags at the bottom vs more green flags at the top then it's a downtrend. I hope you guys like it.
Update: I used a new technique if you look at my last post you will see that I used red and green flags to identify the trend let's see what happens.
Looking at my daily chart I see a real big uptrend about to happen I've been patiently waiting. But today I went ahead and my position in at 0.99514. one thing I know is that the market is going to do what it's going to do. I'm only risking 5% of my account balance. Let's see what happens.
Analyzing the day chart for the Aud/Cad pair you can see that the trend is bullish so me personally I put in a for a long position at 0.96614 I got in a little later than I wanted but its ok I expect the price to rise to 0.98000. I used the Bollinger Band as my indicator setting the length at 200 to get the ultimate resistance and support level the middle line...
Sorry for the late update but I just woke the h1 chart is bout jump EJ get in now read the chart. The main trend is down. But right now you have a couple of hours to profit long so don't hesitate. Notice how the price is below the 200 green Bollinger Band that is my indicator and also its at a support level. Hurry
The pair is currently in consolidation mode as I like to call it. Wait for it to make its move outside of the (consolidation box) before going long or short. Patience is key.
From my analysis in have to say short lets see what it do at the first support I had to go all the way to the Heikin Ash chart to help me conclude my anaylis for the pair. For those of you that don't know the Heikin Ashi will always let you know when a long or short phase is over with. Patience is key get in now and wait a few hours. Rememeber to set your goals...
Looking at the H4 we have a huge consolidation period get in now and stay in till Friday. Make sure you keep your eyes on it though because nothing is never guarantee in the market. My philosophy is 99% technical and 1%fundamental so be sure to check the EC for any news about GBP. My anaylisis is based strictly off price action, before you get in make sure you...
It might look like a lot is going on but I want you to analyze the chart and you will see my vision. I'm posting this just so people can look at it and get a feel of my thought process when it comes to technical analysis. My philosophy is 99% technical 1%fundamental.
The EURJPY is going all the way down. After doing a weekly chart anaylasis. You can see that EJ has ran out of gas. The price hit a the first resistance at 130.309 crossing the middle Bollinger Band length/period set at 200 very strong indication. The price is currently at 129.611 expect for price reach 3support level looking at MY chart analysis. The red dotted...
Looking at the AUD/CAD chart that I have analyzed using the Bollinger Bands and simple price action technical analysis, you can see the the price has a long way to go up. I'm new to this but I pick up quick. So I've set up some support and resistance indicators using the Day chart. If you get in at this exact moment you will see major pips in the next couple of...