In audusd crab pattern is going to complete also 5th wave of wolf wave is complete on 1.0230i think that is good area for short position
show me the money
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Dislikedmajid,
Nice thread & thanks for using white chart backgrounds for your examples as they are so much easier to read. Thanks for sharing your skills.
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DislikedHello, I am still learning PA. I am thinking that this is reversal for GBP/JPY. Anyone agree?Ignored
DislikedI just came across this thread...I really enjoy your analysis.
Regarding gbpjpy pair, I just not so sure which direction will it goes...In chart, it just seem has some more upside before goes back down.
1. It closed above its trendline in daily chart for the week.
2. S&P index seem want to touch its 78.6% retracement.
3. usd/jpy seems has some more upside.
4. gbp/usd has some good support level at 1.600
5. Dollar index face BIG resistance around 79 area.
As above reasons, I think gbpjpy has one more leg UP to 134 area before dropping.Ignored
DislikedGood charts & analyses & overall logic.
Anything can happen in forex & i personally believe but bet on logic & probabilities. so not neccessary the the outcome positive all the time , money management there to do the trade .
carry out good job Majid.
fontuIgnored
DislikedHello
Well come fontu
Yes yes you are right this means you understand the market bro </SPAN></SPAN>
Why you don’t start your analysis in this topic I can learn more from you
Thank you
MajidIgnored
DislikedThanks , not that I understand the market just overall conception .
One thing come to know that whatever good the analysis doin & they more or perfect at times & trade also as per still experienced lots of jerks due money management skill, no deep pocket to tolerate them , not so good in money management yet & learning . one thing if bet 10$ on the table then at least that 10$ to back to me , if less or not at all my money management totally a flop & bad times will come it continue to earase the money whatever do .
your analyses...Ignored
Dislikedya i now that and i agree with you but Many experienced traders do not consider itIgnored