Kreslik.com - traders community since 2006

Never been very good at seeing chart patterns. But this stood out to me as a head and shoulder play and dual confirmation to sell of the h1 chart formed a double top. Any advice would be appreciated. Thanks. http://i60.tinypic.com/1f7h46.png http://i57.tinypic.com/xq99l.png

Bored so just started marking up a chart. Red box shows body in direction of profit and wick in direction of loss. If you took all nine trades purely mechanical without looking at a high and lower time frame you still would have only lost 2 out of nine. So almost 80% win rate. Plus both losses could...

And just to add a quick rat reversal trade at 8:50 short at 1.4535. Could have taken a quick 10 pips or you could hold as 1.4525 has been showing a good resistance level and if the h4 closes down it will be a bearish KR. The choice is always yours. Do you want a 10 pip profit or 20,30,40 or possibly...

Thanks MO. For more then you will ever know Alright lets see if this works. http://i59.tinypic.com/2ic1503.jpg http://i62.tinypic.com/34sroyc.jpg http://i57.tinypic.com/34yqjv8.jpg http://i61.tinypic.com/20qnvis.jpg Sorry if the charts are a little bit rough but I normally just mark them up with pen...

Hey this post is for the OP. If you want to see some very easy and basic zline and mzone trades, pull up a h4 chart of eur/aud. I would load my charts but either my computer wont let me or kreslik wont, not sure, but I will just walk you through some of my trades since Sunday. 1. Had a Sunday gap fi...

So I normally just read in forums and never post, but I was wondering if anyone would be willing to help me even though this topic has been beaten to death http://kreslik.com/forums/userpix/6197_audjpyh4mbtradingfutures_1.jpg In the chart above we had a bearish momo bar. Then we had the wick for los...

Was wondering if the two percent club is still open. I have been following TRO since the original NLA thread on baby pips and would love to join. Thanks in advance.