http://img294.imageshack.us/img294/5066/fx21pl5.png
Cheers
Miner
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http://img294.imageshack.us/img294/5066/fx21pl5.png
Cheers
Miner
I use 15 min, hourly and daily mainly Steve, tho will look at 5 min and 2 or 4 hours as well occasionally.
Miner - please clarify your point for the hard of seeing.
Hi Peat was just showing Steve time frames I use,and how set up,does that answer your query?.
Are my charts of any help?.
Cheers
Miner
Thanks guys, it all makes sense to me!
http://img253.imageshack.us/img253/941/fx77nn0.png
A pattern to look for,the spike down then back to test it,so an upside down small "U",they do this north or south all the time,so a trade pattern.
Cheers
Miner
cool cool..... I see now.
action hotted up a bit last night huh!!
Looks like last night was busy peat I had the night off,see how usd/jpy just tested my bottom line?,so a trade to look at was a long off that,depending how it got down to it.
Cheers
Miner
Peat forgot to put a simple trend line on the last 3 daily's(my usd/jpy chart),it worked well for yesterdays daily,simple but often works.
Cheers
Miner
http://img245.imageshack.us/img245/3208/fx99bf5.png
Peat another trading pattern,usd/jpy did the same,so confirmed each,once they start they are fairly safe say after the first big red 15min candle(time 18:45),can you see what I am looking at on this one?.
Cheers
Miner
Hi Miner
could i take the liberty of replying?
great to see your charts
i can now see what you have been talking about for all this time,you have a system that is well thought out,and an approach using differing time frames to your advantage.
your chart of EUR/JPY 15 MIN found supprt at 157.00 1600 so your strategy was to wait for a bouce off resistance at 157.40 confirmed with some big red candle 18.45 on the 5 min with a target of 157.00 again.
i am not by my computer a lot at the moment so not trading at all
cheers roddy