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US Dollar vs Japanese Yen H4 Live Forex Chart
USDJPY,H4 Chart By James_Bond
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putrachan
Jan 11, 2013 at 11:44
like this chart style mr james. my trading style is like this. trading on the trending market with channeling
James_Bond
Nov 05, 2012 at 15:14
Price going down, probably to the channel's support.
James_Bond
Nov 01, 2012 at 15:00
Waiting to re-enter long
James_Bond
Oct 22, 2012 at 09:01
Price continued uptrend and I missed the entry
James_Bond
Oct 19, 2012 at 10:28
Analysis still holds, just moved the lines forward
James_Bond
Oct 18, 2012 at 11:22
Yellow channel is possible target
James_Bond
Oct 18, 2012 at 08:15
Most powerful support resistance points are intersection points of different support resistance lines.
James_Bond
Oct 18, 2012 at 08:12
With this technique, it's easy to spot entry and exit levels as they are simply the nearest (or one back) support/resistance levels
James_Bond
Oct 18, 2012 at 08:08
I've provided 3 different scenarios - check the 3 different lines diagrams
James_Bond
Oct 18, 2012 at 08:09
I don't assume it will happen in the same timeframe I've charted it, but one of the 3 is likely to happen
James_Bond
Oct 18, 2012 at 07:25
This has also formed a minor channel - next move is to re-enter a long on a retrace to the channel's support
James_Bond
Oct 18, 2012 at 07:23
An excellent example of how I trade a breakout - this was missed, however the setup is perfect:
1. Wait for a breakout
2. Enter on a retrace to the previous resistance
3. Target is the triangle's high
1. Wait for a breakout
2. Enter on a retrace to the previous resistance
3. Target is the triangle's high
