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#346
01-19-07, 4:10am
Snuffleupagus
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I went long and it has been triggered. There is a dblhc and a trendline supporting the exact low of the dblhc (1.2896).
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#347
01-19-07, 12:17pm
mbqb11
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Here was a pretty simple trade to get into. This is how I look at double bars, as a pin. But you can simply view it as a TBL, break. We also had a TBH break at the resistance of 1.3(psych level). Trail your stop or take profit at the weekly daily pivot which lines up with the 50% fib ret, which was nearly hit before US open...... up to you.
Best, Mike
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#348
01-20-07, 2:43pm
mbqb11
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we are back to the Price Pivot again and we have an IB
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#349
01-21-07, 6:54pm
lartrade0623
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eur/usd
My bias for the weekly ib4 at the price pivot is up. If you look at the daily chart of eur/usd we have a 50% retracement that was completed last week, along with a bounce off the 150ema. Also we had a 1-2-3 bottom complete which i like to use to identify trends. And of course on thursday and friday last week we had a DBLHC. All signs point to an up week for this pair for me. - Larry
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#350
Yesterday, 5:34am
Tedslucky
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Jim, on today's daily chart EURUSD a DLHC has formed (4 pips dif at bottom). I realize that it's not at a swing (it is at support as you mentioned in the read only thread). My question is how do you view this DLHC? You mentioned an entry on the previous IB. I'm just curious what you think when you see a DLHC like this one inside a small cluster.
Thanks!
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#351
Yesterday, 2:22pm
Westie
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Hi James, Regarding Price pivot on Euro at 2923 , I'm just wondering how you come up with that no. I had mine at 2980, so I'm just wondering how to judge where to put that. Or are both those number ok.
Thanks
Westie
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