Results 1 to 10 of 10

Thread: Chart Patterns, Ranges and Trends

  1. #1

    Chart Patterns, Ranges and Trends

    G

  2. #2
    if we split back over 1.3214-21 then I would not be shorting anymore... we fell down to test the h4 bull breakout imo... my system has partially confirmed resumption of upmove:

  3. #3
    This is why this is a good idea to exchange chart ideas patterns where others have there trendlines on there charts. Very important.

    Your trendline is at a far steeper gradient that impact is going to be broken easier eventually.

  4. #4
    Quote Originally Posted by ;
    This is why this is an excellent idea to swap chart ideas patterns where others have there trendlines on there charts. Very important.

    Your trendline is in a far steeper gradient that impact is going to be broken easier.
    Maybe but the chart attached under did not do this till over 1000 pips were cleared... we have dropped 2300 pips because the top... anticipating higher... and your TF is 15mins... in case you calculated your broken wedge, it might take us to 1.3031 roughly... that will break the h4 TL... and we all recognize that TL/patterns on larger TF are stronger than little TF...

  5. #5
    Quote Originally Posted by ;
    G'Day Everyone,

    I would like to start a Diary of Charts here as you spot them during the trading day. If we keep these charts to 15 minutes and over that would be greatest.
    For Example past weeks EURUSD Rising Wedge.
    Congrats for beginning the New Thread, Sis

    I enjoy your IDEA opened Chart Patterns, Ranges Trends Thread.
    I hope can HELP Newbies or Experienced Traders to learn about Chart Patterns find Trends from this Thread.

    I really appreciate if Old Traders will Sharing to it

    All the Ideal

  6. #6

  7. #7
    This pic is a close-up of the one over. It's the EUR/USD 15' with all the bear flag starting on 2-10-2012.

    Http://www.marketweb20.com/img/2-10-bearflag.jpg

    It reveals that the 'BEAR Flag which is fairly easy to spot and trade. I put the parameters at the pic to show the way the target is measured. It amounts to measuring the rod and then subtracting that from the breakout point.

    Additionally, what should be demanded when investing this, or any pattern for that matter, is supporting indiors. Notice the two indiors below the chart. They encourage the drop in price coming up.

    I have been a pattern trader for decades and I like to keep everything as straightforward as possible.

    Great trading
    RT.. .

  8. #8
    Quote Originally Posted by ;
    This pic is a close-up of the one above. It is the EUR/USD 15' using the bear flag beginning on 2-10-2012.

    Http://www.marketweb20.com/img/2-10-bearflag.jpg

    It shows the 'BEAR Flag that is rather easy to spot and trade. I put the parameters in the pic to demone how a target is measured. It amounts to measuring the rod and then subtracting that from the breakout point.

    Additionally, what should be demanded when trading this, or any pattern for this matter, is encouraging indiors. Notice the 2 indiors below the chart. They encourage...
    I think you cant connected 2 candle on 15 TF turned into a flag
    Btw GL

  9. #9
    You can. That is what makes chart patterns an art and not a science. There aren't any hard and fast rules about the size of a flag.

    What actually happened is that the downward move of the rod took a rest and retraced a bit. It does not need to be a lot, just enough to provide the Bear Flag Pole a base. The base of the rod is the Breakout point. Therefore, if you Assess the rod you will have an Estimate the move down from the rest out to the other hand.

    Great trading
    RT.. .

  10. #10

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners. Read more.