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- The Master Forecaster
I have been a forex trader for 15 years now. In fact I got my start on this very site many moons ...
Target 137.47
This is the reasoning behind it
First Trade: Short USD/JPY @ 137.71
I have been a forex trader for 15 years now. In fact I got my start on this very site many moons ...
where is everyoneeeee???
Hi wormie, welcome back! What are your thoughts on the bullish engulfing weekly candle after the bearish engulfing master candle?
Well EUR/USD Daily chart printed bearish engulfing and if we close below halfway of last week's candle on Friday that is dark cloud cover
I was really hoping for a useful reply not a sarcastic one..
Hello all, I have been following this thread for a few weeks and was just wondering - in terms of the recent developments (PVSRA) and TAH's posts - what is the best page on the thread to start to read from to catch up to the latest developments to ...
chaz I know I'm just stating possibilities.. we will see tomorrow!
hello guys, I'd like to point out that this week's cable close will most likely either form 'dark cloud cover' or 'bearish engulfing' patterns... in either case SELL SELL SELL!
for anyone who hasn't picked this beauty up yet... bearish divergence on weekly chart means high probability downside. Coupled with last week printing a bearish engulfing candle means that I am holding shorts until we see a test of last summer's ...
careful bro.. this weekly candle could close a bullish engulfing for E/U image
image this is what I am watching
image The situation right now - not making it worth it to take any trades
stopped out on Gold. Lesson learnt: wait for the setup to be fully formed before entering with guns blazing.
image My Gold longs are on the razor's edge.. this happens when you don't wait for the full signal (bullish divergence) to form. Unfortunately I jumped in too early and with too-big of a position.
This is why I am bullish on cable. image One important tenet that Tom DeMark repeats is that markets tend to top on good news and bottom on bad news. I believe that fundamentally we have seen cable bottom on bad news (downgrade of UK debt by ...
This is how I am seeing Gold: image I am looking for a base to form and some sort of indication to go long (ideally a bullish piercing candle with bullish divergence on stochs)