intraday trading setups using trendlines and RSI only

[metalriff]

Do you only post in here? have a blog or something? Nice work

[syk1kz]

here for now

[syk1kz]

if anybody would like to donate some time and put one online somewhere, i am sure we can come to some sort or agreement when it comes to posting setups.

[syk1kz]

NZDUSD testing its low from last week, forgot to mention this when posting the chart

 

http://a.imageshack.us/img214/8339/nzdusdm1581610.gif

Edited August 15, 2010 by syk1kz

[syk1kz]

http://a.imageshack.us/img412/8339/nzdusdm1581610.gif

[syk1kz]

these are the type os setups i would be willing to share with anybody who will setup a blog i can login to and simply post larger timeframed setups. these trades have almost zero drawndown and only last a fewmins which makes them useless unless your are getting them in real time i think

 

http://a.imageshack.us/img412/2357/usdjpy.jpg

Edited August 16, 2010 by syk1kz

[syk1kz]

and so on

 

http://a.imageshack.us/img152/4157/audusdp.jpg

[syk1kz]

TP hit for 20pips, todays total being 35pips so far and thats just playing around on 1 or 2 pairs, if i was to post all setups you would be looking at 15-20pips for over 10pairs making 200pips during just the asian session, this doesnt happen ever day but today is looking like one of those good days :)

[syk1kz]

i have decided to ditch mt4stats in favour of myfxbook

 

http://www.myfxbook.com/members/syk1kz/demo/44860

[syk1kz]

audusd intraday oversold, look for a possible bounce up to get short

 

http://a.imageshack.us/img152/442/audusd.gif

[syk1kz]

also just hitting oversold, will that divergence hold?

 

http://a.imageshack.us/img152/7880/nzdusd.jpg

[syk1kz]

here goes those bounces i mentioned use these as an opportunity to get short, that does not mean go short now that means use common sense and looks for a signal the rally has run out of steam... Edited August 16, 2010 by syk1kz

[syk1kz]

i should mention vantagefx datafeed just froze for over 2-3minutes, did anybody else experience this with gomarkets? they use the same datafeed and my live gomarkets froze along with this broker, guess im ditching both and moving.

[syk1kz]

audusd audjpy audchf nzdus gbpjpy gbpusd eurjpy all oversold

usdcad euraud overbought

[syk1kz]

maybe ?

http://a.imageshack.us/img152/1160/nzdusd.gif

[syk1kz]

maybe find resistance around here? who knows

 

http://a.imageshack.us/img152/2304/audusde.gif

[syk1kz]

looks like euraud has carved out a newer lower trendline for now, looking for a few pips down

http://a.imageshack.us/img152/3096/euraud.jpg

 

 

stopped out -15 pips

Edited August 16, 2010 by syk1kz

[syk1kz]

short audusd nzdusd audjpy @ market

 

http://a.imageshack.us/img46/7880/nzdusd.jpg

http://a.imageshack.us/img830/6622/audusdz.jpg

http://a.imageshack.us/img338/4766/audjpy.jpg

Edited August 16, 2010 by syk1kz

[syk1kz]

not really moving much could close out now for about 25pips in total between the lot but ill just let them all either TP or SL

 

also threw audchf short in the mix

[syk1kz]

got burnt badly with those

[syk1kz]

lets maybe try this instead

 

http://a.imageshack.us/img838/3558/eurusd.jpg

[syk1kz]

should mention there is a 60pip sl with a 120pip tp, aiming for 1.27000

 

not really moving just going to BE and get out, having a bad day it would seem, gonan leave it until tomorrow

 

cya

Edited August 16, 2010 by syk1kz

[syk1kz]

looks like audusd going to retest 9000 might look to get short around that area if it gets rejected, otherwise we could be going to test last weeks high here

 

sorry last fridays high around 90400, so keep an eye out for a break to the upside which would mean a possible jump to last weeks high at some stage soon, selling pressure will probably reject it well before there i would suspect.

 

something to keep an eye on

[syk1kz]

tight stop, possibly to tight, we will see i guess

 

http://a.imageshack.us/img801/544/euraudk.jpg

[syk1kz]

excuse the poor looking chart as i am at work and MT4 is port blocked here :/

 

bit of 1,2 3 action here, audusd looks ready to about drop out somewhat i would suspect, also note the round number resistance fairly close by

 

http://imagefruity.com/images/43985386193453456164.jpg

Edited August 16, 2010 by syk1kz