TL breakout + retest - page 60

gu h1 13sept09

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au m30 14sept09

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thanks for the charts. it has been very interesting to go over.

EURAUD daily

I am waiting break-UP for this trade patiently.

1) A triangle formed by combining red TL and yellow TL (each TL with 3 touches).

2) +ve divergence spotted on MACD with target of 1.8

Results Out :

EU h1 14sept09

Another posible setup? Waiting for the break of the solid line.

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man, i wish my charts cud look as clean n organized as yours. mine has all manner of lines everywhere. learn something new each time i check in

GJ m15 14sept09

I placed my target at unfilled gap (151.07)

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bawang:
man, i wish my charts cud look as clean n organized as yours. mine has all manner of lines everywhere. learn something new each time i check in

Practice make perfects.

UJ h1 15sept09

Will the DT TL hold? And bring the UJ lower again?

or

Will the DT TL break?

My plan for UJ is :

Take a short on UJ when it touch the DT TL. Precise entry is very important in this case. Place 15-20pips of SL.

WHen your pips turned +15 and above, secure your pips a.s.a.p by setting SL to +1.

If trades hits your SL of 20pips, reverse your trade and take a Long.

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