Trading trendlines , andrews pitchfork , price patterns - page 5

 

ganja...

sorry but i cant read your chart -.-"

 
newt:
cool chart but i dont really get it,where's the andrew pitchfork?

Read those two articles to know more about the Andrew's pitchfork :

http://www.surefire-trading.com/tsl/tl/tl-67.html

http://www.equis.com/Customer/Resources/TAAZ/?c=3&p=33

 
newt:
how do you find divergence with stoch? i only know finding divergence with MACD...new to me sorry

newt Divergence signals can be found using any momentum indicator ,

here's more articles about stochastic oscillator

http://www.equis.com/Customer/Resources/TAAZ/?c=3&p=106

http://www.surefire-trading.com/tsl/tl/tl-6.html

 
newt:
where to get that clock? looks cool

here

(msg should be more then 10 charters)

 
newt:
ganja... sorry but i cant read your chart -.-"

ask what i'll try to help

 

kappari thanks mate that helping me with the tread

 
newt:
hi ganja,

i was several question from your screenshot

1) how do you determine the horizontal line that i circle? (on white)

2) is your support means resistance too?

3) what's with the calculation..

humble newbie...

hello

1) its a simple trendlines , try using Fractals indicator and u'll c by the eyes, if u asking how i know to which trendlines i give more power , so its basecly by my feelings , after trading lot of trendlines u "know" which trendline is stronger or which trendline u should ignore, i dont have exact role for that.

2) yes

3)calculation of what ?

 

btw , still holding my possition , moved the sl before the news , wasnt at home at news if i was i would took another short 30 min after the news

edit - out at tp

Files:
eur4h3.gif  39 kb
tp.gif  4 kb
 

i'm a newbie,do comment on my SS

thanks guys for helping

Files:
 
Ganja:
hello

1) its a simple trendlines , try using Fractals indicator and u'll c by the eyes, if u asking how i know to which trendlines i give more power , so its basecly by my feelings , after trading lot of trendlines u "know" which trendline is stronger or which trendline u should ignore, i dont have exact role for that.

2) yes

3)calculation of what ?

thanks

3) your posting something like 45pips,45pips 29 pip etc and the break...

you mean calc of the average?

regarding fractals im not sure how to use it...

what i see is it only indicates the high and low? or is it a reversal potential..

Reason: