USD.CHF

[bogus1]

poss trade awaiting confirmation maybe follow through usd weakness on monday open giving poss entry set sl 119.50 ish target unknown

[bogus1]

[arco]

bogus1

I cant see your chart - please re-attach.

rgds -arco

[bogus1]

what am i doing wrong , metastock chart captured ,posted to image shack url inserted between tabs and just a little red cross , what about everybody gives me self addressed envelope, i am so crap with computers

[bogus1]

hi peat , i went to image shack and it directed me to that website being the most suitable for posting on forums which site would you recommend.

[arco]

bogus1

Try photobucket.com....I find it far easier than imageshack

regds - arco

[bogus1]

[arco]

Hi bogus1

Great to see your charts.

My BF collection on CHF is slightly different to yours, but you seem to be on the right track because current action is certainly in a target area/PRZ for the blue specimen.

The red Admiral seems to have a 786 AB leg, so when that prints I am always suspicious that a possible longer CD swing will flow on to 1272-1618 zone, which is what I think could happen here.

rgds - arco

[bogus1]

do you trade pattern failures as in this case a bearish continuation pattern. its something i starting to look at because often when they fail they give a good move, i think that 1950 ish is critical. thanks for the photobucket site ,i had to wait for my i.t. expert to get home from senior primary school, but i think ive got it.

[arco]

Bogus1

I presume you mean the blue specimen.

I dont trade that as a failed pattern because it always looked a bit suspect. It could have resolved as a Gartley 222, but even tho the shape was odd the first BF at 114 gave a 50% retrace. (I managed to pick up a few pips in its retracements)

The green Gartley 222 is the one I have been following with a target down towards 1900 or less.

rgds - arco