djwalata:


My view on this pair is to sell.
Reason:
From weekly tf(today is Friday for dt matter),
If u draw ur trend line from August 12, 2012, till date, u will notice how d line was broken downward in August and tried to retest it upwards but couldn't break it thereby it has been producing bearish pin bars since Nov 17.
Ve a look at d mini downward channel as well as a result of bearish pin bar on may 5 till date.
I will only consider a buy option at a close above d mini downward channel at a resistance 1.4710.
Therefore, I'm on sell on this one with SL above d said resistance.
Can u enlighten me d more( perhaps I'm wrong) y I should buy this if u can pls?

You know that no one can say empirically what will happen. You could be right. I saw that if I adjusted my trendline, would see the same thing you are seeing.

Monthly.
Hard to say. It's still deciding. Won't say it has broken that trendline, the way I drew it. You know we traders draw differently.

Weekly.
That's why I was calling for patience. If the lower black line holds as support and the upper black line is broken decisively.
We have confirmation for a buy.

But if we break downwards. That black line on the monthly lower down is where price may go.

So either ways.. We continue to monitor.

I just presumptively made an aggressive entry because I am biased to the upside. If it goes the other way, will gladly sell. Because so much room for either upside move or downside move depending on what happens at this trendline point.

PipMarshall:



You know that no one can say empirically what will happen. You could be right. I saw that if I adjusted my trendline, would see the same thing you are seeing.

Monthly.
Hard to say. It's still deciding. Won't say it has broken that trendline, the way I drew it. You know we traders draw differently.

Weekly.
That's why I was calling for patience. If the lower black line holds as support and the upper black line is broken decisively.
We have confirmation for a buy.

But if we break downwards. That black line on the monthly lower down is where price may go.

So either ways.. We continue to monitor.

I just presumptively made an aggressive entry because I am biased to the upside. If it goes the other way, will gladly sell. Because so much room for either upside move or downside move depending on what happens at this trendline point.

I hope new traders learn faster from EXPLANATION on this forum and not basically here for only trade calls!( learn y u earn)

I want contributions pls....
Has anyone experienced this? my meta trader 4 keeps going back to default settings almost on a monthly basis, thereby erasing my trends, channels, resistance/supports, etc.
Don't know what to do, pls any suggestion on what to do?

CHFJPY sell looks good on 4hr and 1d

Over to you Bosses

djwalata:

Its a risky one indeed. I wish to buy as well but to b conservative, I'll like to c d resistance broken first.
Ve a look at d downward trend line from September 4, till date(daily tf), u will notice dt ur entry is a point of resistance( trend line resistance+ horizontal resistance) . I will buy once the line is broken and close above it, because a bearish bar can still b formed today thereby producing a sell option.

Probable bearish bat on H1.

VAP is above the opening price.

Price is also above VAP.

All these have bullish suggestions for this pair.

Warning! Warning!! Warning!!
if you enter sell order on GBP pairs is better to be careful because there will be parliamentary Brexit vote @3.30 and the Con dominate the house with more than 50% seat. observe it and thank me later. have a wonderful green pips to your account

meshpips:

Probable bearish bat on H1.
VAP is above the opening price.
Price is also above VAP.
All these have bullish suggestions for this pair.

I bliv u wanted to comment on my eurcad opinion

meshpips:

Probable bearish bat on H1.
VAP is above the opening price.
Price is also above VAP.
All these have bullish suggestions for this pair.

I bliv u wanted to comment on my eurcad opinion

Adding to buy here at 6830 and setting a buy limit at 6805. Sl for all 6775 Got some faith in this setup.

saxy4c:
So this trade has taken me out at BE after 69pips up. Trying one more time Buy at 6850 sl 6780 tp open.

djwalata:
I want contributions pls....
Has anyone experienced this? my meta trader 4 keeps going back to default settings almost on a monthly basis, thereby erasing my trends, channels, resistance/supports, etc.
Don't know what to do, pls any suggestion on what to do?

1. Put your preferred setups on any price chart including your trendlines, channels, support and resistance and any other indicator with their settings.

2. Right-click on the chart
3. Click on TEMPLATE
4. Click SAVE TEMPLATE
5. On the SAVE as dialog box, type any name you want your template saved as on the FILE NAME space and then click the SAVE botton
6. Replicate the setups on other price chart by rightclicking on price chart, click template and then choose the name you saved the template as as explained in number 5.

Anytime your mt4 reset to default, just recall the template and your entire setups, indicators, lines will show up.

djwalata:

I hope new traders learn faster from EXPLANATION on this forum and not basically here for only trade calls!( learn y u earn)

Yes boss, following seriously. Thanks for sharing

maryjames9:


1. Put your preferred setups on any price chart including your trendlines, channels, support and resistance and any other indicator with their settings.

2. Right-click on the chart
3. Click on TEMPLATE
4. Click SAVE TEMPLATE
5. On the SAVE as dialog box, type any name you want your template saved as on the FILE NAME space and then click the SAVE botton
6. Replicate the setups on other price chart by rightclicking on price chart, click template and then choose the name you saved the template as as explained in number 5.

Anytime your mt4 reset to default, just recall the template and your entire setups, indicators, lines will show up.

I think this applies to only desktop version of mt4 on PC, If it is on d mobile version too, then I will check it out.

maryjames9:


1. Put your preferred setups on any price chart including your trendlines, channels, support and resistance and any other indicator with their settings.

2. Right-click on the chart
3. Click on TEMPLATE
4. Click SAVE TEMPLATE
5. On the SAVE as dialog box, type any name you want your template saved as on the FILE NAME space and then click the SAVE botton
6. Replicate the setups on other price chart by rightclicking on price chart, click template and then choose the name you saved the template as as explained in number 5.

Anytime your mt4 reset to default, just recall the template and your entire setups, indicators, lines will show up.

Fmusty:

Thanks a lot but I'm using mobile and not pc, any advice on such on mobile version?

I think this applies to only desktop version of mt4 on PC, If it is on d mobile version too, then I will check it out.

Thanks all, help m check I beg, I'm using mobile version and not pc

djwalata:

I bliv u wanted to comment on my eurcad opinion

Yes, I did.

So sorry, I didn't know I quoted the wrong post.

Those are thoughts on EURCAD.

This entry is up 20 pips, not bad for a 30pips 3% risk. Moving stop up to 20pips risk only. Let's manage trade accordingly.
Heavy news coming up at 2.30. Securing all trades to the sl of my last entry.

saxy4c:
Ok I'm tempted to make a home run on this gold. This is the riskiest point to join in this rally but it's worth the low risk here.

Buying gold 1477 sl 1473 tp 1500

meshpips:


Hi bro, the demand level at 1.68189 looks like one that has been USED already. It just might fail.

I will do my volume computation to find out how muchof buy volume is leftat that level (but this will be when I get to the office around 7:30 - 8:00 am).

From what I see, the level might fail.

All the best!

The level has failed. I couldn't get in on the sell though.

djwalata:


Thanks all, help m check I beg, I'm using mobile version and not pc

It is not on mobile version, I have same issues too, where all my charting will b wiped out, it is frustrating, I now prefer using PC for trading.

djwalata:


Thanks all, help m check I beg, I'm using mobile version and not pc

You can also do it using mobile version.

Download TRADE INTERCEPTOR from Android play store. Add your charts and place your setups, indicators, trend lines, channels accordingly. Open a price chart of your choice example EURUSD containing your setups. Below the chart you will see many tools. Among the tools is an icon that looks like document or paper. Click on that. That is the template icon. Open it up. Click on the ➕ botton( ADDITION SIGN) to add a new template. Type the name you want that template saved as and give a description. Then click SAVE botton on the extreme right corner.

You can save as many template as possible with different indicators settings, channel, trendlines settings. Anytime you need any of those template, just open up a chart, get the template tools(a notebook-like or folder-like tool), click the name of the template and it will add to all your charts immediately.

This is only applicable to TRADE INTERCEPTOR. The typical mt4, mt5 mobile version don't have this feature.

maryjames9:


You can also do it using mobile version.

Download TRADE INTERCEPTOR from Android play store. Add your charts and place your setups, indicators, trend lines, channels accordingly. Open a price chart of your choice example EURUSD containing your setups. Below the chart you will see many tools. Among the tools is an icon that looks like document or paper. Click on that. That is the template icon. Open it up. Click on the ➕ botton( ADDITION SIGN) to add a new template. Type the name you want that template saved as and give a description. Then click SAVE botton on the extreme right corner.

This is only applicable to TRADE INTERCEPTOR. The typical mt4, mt5 mobile version don't have this feature.

Thanks for this valuable info.

meshpips:


The level has failed. I couldn't get in on the sell though.

Please explain how you knew that level would not hold.

A lot to suggest an incoming Cad sell off.

Audcad, for example, is strongly bullish. And there is a clear entry opportunity.

Could have said there will be a good buy opportunity next week.

But I think it's best to stay off and start again in January.

But if it will be of help.. This could be a guide to get in.

PipMarshall:

A lot to suggest an incoming Cad sell off.

Audcad, for example, is strongly bullish. And there is a clear entry opportunity.

Could have said there will be a good buy opportunity next week.

But I think it's best to stay off and start again in January.

But if it will be of help.. This could be a guide to get in.

Also note that that bounce is coming from a strong monthly demand zone.
A lot of room to the upside.

Seemed to have gotten out of the buy at a good time eaten 80pips on the oil buy now sell is giving another 80pips, looking for 100s of pips on this one, let's see how much further it goes. Secure your trades!

saxy4c:
@pipnator10 @infofirst, I have made it with oil money!!! I am going to take a counter trade, I think I see something from here, I'm joining you @infofirst.

Close it with 80pips at 61.40.

Selling Oil 61.40
Sl 62.40 tp 56.40

PipMarshall:


Please explain how you knew that level would not hold.

The demand level has been previously visited by price. During this visit, a good part of the buy orders resident there would have been filled.

Thus the next time price comes to the level, it will most likely fail because it is no longer a FRESH demand level.

Eurnzd, 160 pips loss on all 3 entries, as much as i try to anticipate loss, the thing still dey pain, let's focus on winning more than loss. We'd recover together.

saxy4c:
Adding to buy here at 6830 and setting a buy limit at 6805. Sl for all 6775 Got some faith in this setup.

Outstanding break of TL.

Outstanding sell off

Eyeing short entry on break of TL

docus:
Outstanding break of TL.

Another perspective.
All points to down.

Potential for Massive sell off

maryjames9:


You can also do it using mobile version.

Download TRADE INTERCEPTOR from Android play store. Add your charts and place your setups, indicators, trend lines, channels accordingly. Open a price chart of your choice example EURUSD containing your setups. Below the chart you will see many tools. Among the tools is an icon that looks like document or paper. Click on that. That is the template icon. Open it up. Click on the ➕ botton( ADDITION SIGN) to add a new template. Type the name you want that template saved as and give a description. Then click SAVE botton on the extreme right corner.

You can save as many template as possible with different indicators settings, channel, trendlines settings. Anytime you need any of those template, just open up a chart, get the template tools(a notebook-like or folder-like tool), click the name of the template and it will add to all your charts immediately.

This is only applicable to TRADE INTERCEPTOR. The typical mt4, mt5 mobile version don't have this feature.

Thanks a lot but play store search keeps bringing THINK TRADER each time. Is it the same thing?

djwalata:
This week's close might determine d new direction of this pair.
No trade on this till next week unless I want to be a gambler.

Can u still remember this initial chart?
Since euro is selling, definitely, today will close below d support of d upward channel.
Downward channel has taken control.

AUDUSD.
I will wait for price to hit the first black line after moving clear of the trendline. Then put a buy limit on the green line.
Make plans..
I am dropping the setups I will be using to trade in 2020.
When I start clowning again and posting just naked charts and entries.. The framework are from these charts.
I have started planning ahead with these charts.
Let the trades come to you.