Drawing correct resistance and support-lines - Page 32
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Thread: Drawing correct resistance and support-lines

  1. #311
    Quote Originally Posted by ;
    Pennant marks the midway stage in a move. Since gbp/chf on that time-frame just moves up and down, I wouldn't call it an ideal one. Best examples is when you've got a powerful bear/bull move and then it happens. As we had on the example that is gbpjpy today.
    I visit. anyhow the news has caused some effect on USD.

    Yuna

  2. #312
    ,

    GY retest of asia high ?

    Looking more yummy...

    expect everyone made some pips only now.

    Cheers

    mARK

  3. #313
    Quote Originally Posted by ;
    ,

    GY retest of asia high ?

    Appearing more tasty...

    hope everyone made some pips only today.

    Cheers

    mARK
    Aye, have a peek at 1h chart, ascending triangle;


    When this breaks, I'm searching to get 160pips . Watch out for US ISM Non-Manufacturing Composite in 10mins!

  4. #314
    Yes...I suspect it will take place in later half of NY session.

    mARK

  5. #315
    I hope you got some piece of this ride.

  6. #316
    Quote Originally Posted by ;
    Aye, take a peek at 1h chart, ascending triangle;


    If this breaks, I am looking for 160pips . Watch out for US ISM Non-Manufacturing Composite in 10mins!
    , un?



    Yuna

  7. #317
    Quote Originally Posted by ;
    I hope you all got some bit of this ride.
    I wasnt ready to react,it occurred so fast!i was off for a while and it up. I jumped after it broke R1 to get a scalp of 50 pips.

  8. #318
    Quote Originally Posted by ;
    , u long already?



    Yuna
    Had a minor limitation buy order on 205.60. Still, its own pips I have been aiming for 208.47 as initial goal (50% retracement on 4h chart) and 212 as second goal on a long-term basis. Here is some previous charts I have posted;


  9. #319
    Quote Originally Posted by ;
    I wasnt prepared to react,it occurred so fast!i was off for a little while and up it goes. I jumped after it awakened R1 for a scalp of 50 pips.
    That is very good! Ensure that you keep near when big news is coming up

  10. #320
    Quote Originally Posted by ;
    Aye, take a look at 1h chart, ascending triangle;


    If this breaks, I'm looking for 160pips . Look out for US ISM Non-Manufacturing Composite in 10mins!
    3 pips away from 160:/

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