TL breakout + retest - page 61

 
mphpopular:
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.

Doesn't work well as plan. Short hit SL of +1. While Long hit SL of -20

 

usdchf h1 16sept09

Update :

Hit SL of -10

Files:
 

eurcad h1 break of TL

Files:
 

Silver weekly

 

GU m30. Breakout on the LTL with 2 touches lead me to 120pips

 

Gold h4 with a Green TL.

-ve divergence spotted (yellow)

Files:
 

nusd h1 - possible support TL

uchf h1 - double btm (blue)

 

NzdUsd-H4

hi mphpopular,

I had a channel on this chart which was broken downside. I thought it would go down and placed a SELL order. But, suddenly it went NORTH.

Could you please tell me is there anything wrong which i did in this attached chart.

Also, please send me the indicator that you kept on your chart (trend direction indicator).

Raja

Files:
1.jpg  121 kb
 
rajiga:
hi mphpopular,

I had a channel on this chart which was broken downside. I thought it would go down and placed a SELL order. But, suddenly it went NORTH.

Could you please tell me is there anything wrong which i did in this attached chart.

Also, please send me the indicator that you kept on your chart (trend direction indicator).

Raja

Cant see your attachment. Btw here is the indy.

 

Somehow, it is a NZD pair. I guess it started to pick up his way to NORTH since the news is out.

Attached Img

Files:
Reason: