FX:AUDUSD   Australian Dollar / U.S. Dollar
82 5 0
H/S complete, retracing after daily bull pin bar
Just the list of published traded under my handle
Reply
That's the standard measured move.
It would seem we're using 2 different necklines.
I'm using the horizontal/symmetrical @.9295
And you're probably drawing a ascending line that hits about .9400/25
which would account for the 100 pips.
Be interesting to see how this plays out.
thanks!
Reply
coopfx dojitrader
No problem :). I cant find the send private msg button, but do you keep an online log of your trades as well?
Reply
Curious how you are measuring the H & S ?
I show that it should complete closer to .8800 area.
so, about 100 pips to go ?
thanks for your thoughts.
Reply
coopfx dojitrader
I appreciate your comment. I know not everyone agrees with this, but i measure the height of the head (top of head to the neckline) and then extend it beneath the break of the neckline. It's my minimum projected target. And since i have reliable confirmation to the upside, I plan to use the minimum target as the baseline for a quick bounce, therefore i'm long audusd with stops in place.

Note: Aus unemployment in ~5 hours, and monetary minutes on monday 12/16.. It will definitely effect price so plan accordingly.

Best,
C
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out