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    DNO (Domino Print) - Sell *No Trade Taken - Analysis complete*

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    fxtrades

    Posts : 119
    Join date : 2010-05-18

    DNO (Domino Print) - Sell *No Trade Taken - Analysis complete*   Empty DNO (Domino Print) - Sell *No Trade Taken - Analysis complete*

    Post  fxtrades on Sat Feb 05, 2011 7:01 am

    Another one I'm watching and quite like the look of.

    Top of 5 year range, therefore would be playing it as a pull back before a continuation of the trend.

    Reason for trade: Price has hit ascending trend line from 16th Sept and 5th Jan. Also turning on 3,2,2 stochastic and MACD divergence from 5th Jan.

    Comments welcome Smile

    DNO (Domino Print) - Sell *No Trade Taken - Analysis complete*   Dno-0710



    Last edited by fxtrades on Thu Mar 10, 2011 1:54 pm; edited 1 time in total
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    fxtrades

    Posts : 119
    Join date : 2010-05-18

    DNO (Domino Print) - Sell *No Trade Taken - Analysis complete*   Empty Re: DNO (Domino Print) - Sell *No Trade Taken - Analysis complete*

    Post  fxtrades on Thu Feb 10, 2011 2:32 am

    Been watching this, but no entry. Second higher pin 2 days after post above, followed by a small up day. Same entry criteria held up on second pin, and we may well see a decline now, however still to risky for my liking.
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    fxtrades

    Posts : 119
    Join date : 2010-05-18

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    Post  fxtrades on Fri Feb 18, 2011 5:24 am

    Called this trade 2 days too early, however not had any sharp decline since the second pin, therefore just posting a chart more out of interest than anything.

    DNO (Domino Print) - Sell *No Trade Taken - Analysis complete*   Dno-1810
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    fxtrades

    Posts : 119
    Join date : 2010-05-18

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    Post  fxtrades on Thu Mar 10, 2011 2:01 pm

    If you had caught the right top this played out very nicely with a 50 point drop and retrace to the 60EMA.

    In fact you could have then had it again a couple of days ago based on the same technical analysis, harder picking the turning point second time round though!

    Looks so easy with hindsight Smile

    DNO (Domino Print) - Sell *No Trade Taken - Analysis complete*   Dno-1010

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