Be like water.
NZDUSD Weekly is still looking interesting, and might be good example for studying.
Thank you for all your contributions !
We have same levels on this pair ;-)
And here is chart from Jan 25 th http://www.forexfactory.com/showthre...45#post6394245
Hi, anyone looking at GOLD? Seems P is in a tight triangle in W. If P close below or above the triangle, then its a good trade to go into. Hope I got this right.Ignored
Yes sodiska, but I won´t trade it as long as 1,710.00 resistance area ( better even 1,800.00 ) or 1,605.00 support has been broken, it is currently quite choppy. I am more bullish for Natural Gas and Soybeans. In the metals, look at Copper, that is not so heavily looked upon ( some say " manipulated "....).
Hi, anyone looking at GOLD? Seems P is in a tight triangle in W. If P close below or above the triangle, then its a good trade to go into. Hope I got this right.
If it closes bellow the triangle then 1566 becomes the Tg with MM@ 1628 !..notice how the P is stuck within the doji's range and this make the 1628 to be the first MM level !Ignored
Hi, how do you define NCA and NCB (criteria for NCA and NCB)?
NCA& NCB stay for no close above& no close bellow and represents those levels what act as R and S...levels identified using the open/ close of the swing. .....these type of S/ R levels are one of the most powerful levels in trading giving very important information as long as the candle/ swing doesn't close above/ bellow !
P.S. Let me know if it is all clear...put some chart with these kind of levels and we will talk about it !
Look at AUDUSD !Ignored
Tha last M candle closed as an indecision candle just as the W candle !
From a D point of view, the 02.04 turn the P back within the old RM !Ignored
I put some thoughts on the chart !Ignored
I have further question, attached is the GBPCHF chart. I circle 2WPB, is that correct?
In order to have a 2TFPB the candle must have almost the same dimensions, as for a bullish one we always prefer to see the 2° candle close higher than the 1° candle open.....and....GBPCHF is a really mess right now...don't complicate with it....there are far more interesting pairs !
If you want to see a real 2WPB, take a look at GBPSEK !Ignored
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