10.4 Advanced and Counter

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yamez
Trader
Posts: 173
Joined: Thu Dec 08, 2011 10:31 am
Location: Australia

Re: 10.4 Advanced and Counter

Post by yamez »

NZDJPY H4 CT. Autochartist triangle pattern bullish, thick yellow and blue lines. PA rejecting off bottom SHI channel, green line, strengthening the signal confirmation. PA has now rejected off WP, looking to TP at WR2, depending on PA. Grey box is Autochartist TP zone.
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yamez
Trader
Posts: 173
Joined: Thu Dec 08, 2011 10:31 am
Location: Australia

Re: 10.4 Advanced and Counter

Post by yamez »

yamez wrote:USDCAD CT. Autochartist channel up pattern on H1. Harmonic 3 Drives pattern on H4. WR1 inside H4 Harmonic PRZ ( not shown ).
Lets see where this goes, USDCAD D1-W1. Potential R:R is good. No new highs for now.
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Last edited by yamez on Fri Jun 28, 2013 6:54 pm, edited 1 time in total.
yamez
Trader
Posts: 173
Joined: Thu Dec 08, 2011 10:31 am
Location: Australia

Re: 10.4 Advanced and Counter

Post by yamez »

yamez wrote:NZDJPY H4 CT. Autochartist triangle pattern bullish, thick yellow and blue lines. PA rejecting off bottom SHI channel, green line, strengthening the signal confirmation. PA has now rejected off WP, looking to TP at WR2, depending on PA. Grey box is Autochartist TP zone.
Got good with this trade. R:R is what counts, lets you trade another day. Riding the channel up. Moving SL behind each retracement.

10.5 daily pivots are great for PA.

Emotion when entering is still my problem. Exits are becoming clearer.
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