We at Absolute Traders believe technical analysis can maximize returns in favorable markets and protect capital in unfavorable market climates.
The green triangle in our logo symbolizes change and fluidity in the market. The upward line connotes our capability to unravel trends in fluctuating markets to reel in profits.
Bullish Gartley harmonic pattern on the 4-hour chart. Entry on the hourly chart.
Buy price is at 1.0310 (127% fib extension) and If the price closes above that blue line, that’s a buy for me.
B: 1.0310 / Trendline break
S: 1.0280
T: 1.0530 / 1.074
Move your stop to break even when 1.046 is hit.
Disclaimer:
Foreign exchange trading and investment [...]
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2009 Hit %: 60% As of 03/07/10 Total Trades: 7 Win: 1 Loss: 1 BE: 3 Open: 2 |
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| Date | Symbol | Action | Price | Chart | Remarks |
| 03/09/10 | MEG | Sell | 1.38/1.4/1.42 |
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Bearish Bat / AB=CD |
| 03/09/10 | MPI | Sell | Market |
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Bearish Gartley |
| 03/08/10 | PIP | Buy |
B: 2.3 / Market S: 2.18 T: 2.55/2.7/2.9 |
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03/08/10: Open Breakout trade |
| 02/23/10 | FPH | Buy |
B: 51.5/52 S: 44 T: 55/61.5/66 |
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03/02/10: Open Wait Breakout trade |
| 01/11/10 | VLL | Buy |
B: 1.9 - 1.94 Market S: 1.74 T: 2.4 / 2.6 / 2.8 / 3.1 |
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01/11/09: Open Breakout / Retracement buy |
| Date | Symbol | Action | Price | Chart | Remarks |
| 05/27/09 | PX | Wait | B: TBD S: TDB Target: 10 |
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| 05/12/09 | TEL | Buy | B: 1920/2040 S: 1790 Target: 3680/4190 |
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| 04/27/09 | BPI | B: 34.5 43 / Market T: 73-88 80 S: 30.5 36 |
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08/25/09: Open 05/13/09: Waiting for a nice pullback |
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| 04/04/09 | ALI | Wait |
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05/13/09: We are right on track. Be patient. | |
| 03/23/09 | GLO | Buy | B: 700Market S: 645690 T: 1,3501280-1440 |
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05/22/09: Open 05/17/09: Breakout! |
| Date | Symbol | Chart | Remarks |
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B - Buy
T - Target
S - Stop / Cut Loss
BE - Breakeven. Move stop / cut loss to your buying price.
TBD - To be determined.
Market - When buying, this is the opening price or better. When selling, this is the current price or better.
Wait - You wait.
Open - The trade recommendation is triggered. If you just read the status update and you are still not in the trade, you might be too late. In such cases we would recommend that you do not take it.
Cancelled - The trade idea or recommendation was cancelled.
Closed - Trade recommendations will be closed once the trade is exited
