Platform: Sierra Charts, NinjaTrader, mt4, oanda, some multicharts
Broker: cms forex
Trading: currency futures, forex
Posts: 18 since Apr 2010
Thanks: 22 given,
36
received
EURUSD pitchfork reaction lines define inverse Head & Shoulders, possible short to 2674. Am I missing something? With a 40pip stop, the risk/reward is 2/1?
...Oh can't you see-e-e-e, euro belong to me-e-e-e...
The following user says Thank You to Reggy for this post:
It looks like you have a whole combination of analysis going on there....are those Gann Fans mixed in too?
Closed EU short this morning +106...took a long off the bottom at prior lows...in the money 15 pips or so, what's the first resistance level you have above now?
Platform: Sierra Charts, NinjaTrader, mt4, oanda, some multicharts
Broker: cms forex
Trading: currency futures, forex
Posts: 18 since Apr 2010
Thanks: 22 given,
36
received
Just have Pitchfork, the reaction lines, Center of Gravity, ZUP_v83, i-sessions and 21Hull, 55Hull on mt4. My experience with NT7 is that it's very powerful, but too bulky and slow for macro analysis. All the indicators are free for mt4, but probably would cost a lot for NT7. Plus NT7 would require a server farm of CPU horsepower to run stuff that mt4 can do on any PC.
On my way to work, talk about it later if you can't find the indicators.
...Oh can't you see-e-e-e, euro belong to me-e-e-e...
Platform: Sierra Charts, NinjaTrader, mt4, oanda, some multicharts
Broker: cms forex
Trading: currency futures, forex
Posts: 18 since Apr 2010
Thanks: 22 given,
36
received
EURUSD is now lined up with on the reaction line from last swing low on 8Oct2012. At 3:00am, EST, the first HA candle had formed on the EURJPY. Probability of forming only one HA bar is about 20% or less.
...Oh can't you see-e-e-e, euro belong to me-e-e-e...