Comments on: EUR/USD 240 min… more of the same http://blogs.fxstreet.com/chartology/2009/06/22/eurusd-240-min-more-of-the-same/ Just another FXstreet.com Blogs weblog Sat, 21 Nov 2009 21:27:42 +0000 http://wordpress.org/?v=2.5.1 By: Raghee Horner http://blogs.fxstreet.com/chartology/2009/06/22/eurusd-240-min-more-of-the-same/#comment-1213 Raghee Horner Wed, 24 Jun 2009 13:26:01 +0000 http://blogs.fxstreet.com/chartology/?p=426#comment-1213 David, it's a 10 period SMA. I actually don't use it...it's part of a trend following plug for MT4 that I am testing. Thanks for your email. David, it’s a 10 period SMA. I actually don’t use it…it’s part of a trend following plug for MT4 that I am testing. Thanks for your email.

]]> By: Dave http://blogs.fxstreet.com/chartology/2009/06/22/eurusd-240-min-more-of-the-same/#comment-1208 Dave Wed, 24 Jun 2009 00:15:56 +0000 http://blogs.fxstreet.com/chartology/?p=426#comment-1208 Hi Raghee - I'm just starting to read your books, so forgive me if this gets covered somewhere. But I have a question about the 15 min EUR chart you have posted. I was following the same chart yesterday (Monday, June 22). I have my rising trendline starting earlier, coming up a sharper angle, so that 6th or 7th candle from the right was my "pierce" candle that triggered a short somewhere around 4 or 5 PM. Then, of course, price action continued to stay relatively flat throughout the night. I guess my question is: do you ever find yourself re-drawing triangles. Does your analysis ever change when what you thought was a pierce of a trend actually becomes a lower trendline? In my case, I booked a small profit, so I suppose something was right. But I feel like I got lucky, given the sideways price action, and then later, at 2 AM, the start of the massive jump up to 1.4100. Thanks! Hi Raghee - I’m just starting to read your books, so forgive me if this gets covered somewhere. But I have a question about the 15 min EUR chart you have posted. I was following the same chart yesterday (Monday, June 22). I have my rising trendline starting earlier, coming up a sharper angle, so that 6th or 7th candle from the right was my “pierce” candle that triggered a short somewhere around 4 or 5 PM. Then, of course, price action continued to stay relatively flat throughout the night.

I guess my question is: do you ever find yourself re-drawing triangles. Does your analysis ever change when what you thought was a pierce of a trend actually becomes a lower trendline?

In my case, I booked a small profit, so I suppose something was right. But I feel like I got lucky, given the sideways price action, and then later, at 2 AM, the start of the massive jump up to 1.4100.

Thanks!

]]> By: David Kitterman http://blogs.fxstreet.com/chartology/2009/06/22/eurusd-240-min-more-of-the-same/#comment-1205 David Kitterman Tue, 23 Jun 2009 21:37:46 +0000 http://blogs.fxstreet.com/chartology/?p=426#comment-1205 Hello Raghee, Just wanted to know what moving average the aqua line on your chart is and what you use it for? Thanks in advance for your answer. I enjoy you posts and your books. I look forward to your new book in the fall. David K. Hello Raghee,

Just wanted to know what moving average the aqua line on your chart is and what you use it for? Thanks in advance for your answer. I enjoy you posts and your books. I look forward to your new book in the fall.

David K.

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