Daily Charts
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Thread: Daily Charts

  1. #1
    USDCHF has struck a major support line and bounced! . I believe the pair will continue to grow within the next few days

  2. #2
    As I expected, the pair has hit the small resistance line. I am aware that it could resume the rise but I often don't hold more than one trading day. I shut @ 1.0619 with 56 pips profit

  3. #3
    After a very long fall from 1.0679 to 1.006, USDCAD has finally found a significant service line. I will wait till just before the end of the afternoon and see whether the bullish trap pub holds. If it does, then I will put a pending buy order just above the high of the pin bar, and put a stop loss just below the low of the pin bar

  4. #4
    I just have placed a pending buy order @ 1.0185 for USDCAD. For me, the bullish trap pub is a powerful bullish change signal when it's shaped at support lines. I've left the goal unspecified and will close at the end of the next trading day - if the order is stuffed

  5. #5
    I want to stress that I'm attempting to keep my transactions as straightforward as possible. I've left all those fancy technical indiors, and I am just using support resistance lines, trend lines candlestick patterns to make my trading decisions

  6. #6

    Please keep posting. I like to trade daily with SR and price action. Will keep an eye on your journal..thanks.

    Quote Originally Posted by ;
    I wish to stress that I'm trying to maintain my transactions as straightforward as possible. I have abandoned those fancy technical indiors, and I am only using help resistance lines, trend lines candlestick patterns to create my trading choices

  7. #7
    As I talk, USDCAD closed at nearly breakeven in my open @ 1.0185. I've shut the place @ 1.0187

  8. #8
    AUDJPY shows now blatant rejection @ 82.50 which was formerly a resistance line. I will search for chance to buy by the close of the trading day

  9. #9
    I started a buy order @ 82.74 and shut it @ 82.88 over the exact same trading day. There appears to be alot of selling pressure on the pair

  10. #10
    EURUSD is approaching a major support line. Now demones that the preceding day's bullish hammer wasn't a legitimate bullish signal. This means to me it is more inclined to continue the downtrend. I can see what happens till the end of the trading day and sell below 1.3462 if it goes beneath it

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