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  • #1,721
  • Nov 1, 2017 11:19pm Nov 1, 2017 11:19pm
I decided to check what the weekly was doing. It's right above 0.68437 support not broken since May 2016.
Make all mistakes in demo and rain in pips in live account
  • #1,722
  • Nov 2, 2017 12:13am Nov 2, 2017 12:13am
AUDUSD just closed above 4hr upper band. Bullish movement ahead
Make all mistakes in demo and rain in pips in live account
  • #1,723
  • Nov 2, 2017 12:23am Nov 2, 2017 12:23am
Many things coming up today on GBP- MPC Bank Rate Votes, BOE Inflation Report, Official Bank Rate. How would the GBPCHF react????? Time will tell. Scared now??
Make all mistakes in demo and rain in pips in live account
  • #1,724
  • Nov 2, 2017 1:32pm Nov 2, 2017 1:32pm
Quoting 9jatrader
Many things coming up today on GBP- MPC Bank Rate Votes, BOE Inflation Report, Official Bank Rate. How would the GBPCHF react????? Time will tell. Scared now??
Am out of EURGBP short. It's going to be bullish for days, no doubt. 290 pips not bad. I don't want to give all back to Madam Forex
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp1.png Size: 46 KB
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  • #1,725
  • Nov 2, 2017 1:36pm Nov 2, 2017 1:36pm
Small hammer was formed on consolidation support yesterday. Not too surprised today. The hammer was able to close with bullish and also strong lower band breakout. This fresh setup may take it to the shooting star setup or invalidate the short setup.
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  • #1,726
  • Nov 2, 2017 1:43pm Nov 2, 2017 1:43pm
When we go to higher TF strong hammer is being formed on the weekly right below bollinger middle band. The great thing about the hammer is that it's forming bullish body. This has great momentum to break middle band without problem. Welcome bulls
Make all mistakes in demo and rain in pips in live account
  • #1,727
  • Nov 2, 2017 2:00pm Nov 2, 2017 2:00pm
Interest rate increased, yet GBP went the other way in madness. Funny Forex business
Make all mistakes in demo and rain in pips in live account
  • #1,728
  • Nov 2, 2017 3:58pm Nov 2, 2017 3:58pm
Hi 9J....in your future posts, would you mind confirming what pair you are talking about when discussing setups, candle patterns, etc?
  • #1,729
  • Nov 2, 2017 4:22pm Nov 2, 2017 4:22pm
Quoting lctrader11
Hi 9J....in your future posts, would you mind confirming what pair you are talking about when discussing setups, candle patterns, etc?
I have always done it. sometimes I share the charts. I always say the reason- candlestick and patterns. The EURGBP short I closed today was based on Gravestone Doji.
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  • #1,730
  • Nov 2, 2017 4:30pm Nov 2, 2017 4:30pm
Hi Ictrader, I just shared EURGBP long and the reason to expect the bullish movement in days- hope you read it. If I understand you well about "Confirmation" of the setup, I always confirm the "Pair" otherwise what is the need of analyses if the particular pair is not pointed out when analyzing
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  • #1,731
  • Nov 2, 2017 4:40pm Nov 2, 2017 4:40pm
Sometime ago I listed some of the candlesticks and patterns I have found to have high success rate. I was asked to linked the post where I listed them and I did.
Make all mistakes in demo and rain in pips in live account
  • #1,732
  • Nov 2, 2017 4:48pm Nov 2, 2017 4:48pm
Here I have the chart on EURGBP. This setup was formed on broken resistance, now acting as support. You would observe that market had been reacting to this level. I might be wrong, but market is always right
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbpw.png Size: 47 KB
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  • #1,733
  • Nov 4, 2017 4:31pm Nov 4, 2017 4:31pm
After the shooting star on USDJPY the weekly candles continued retesting the resistance where it was formed. The more frequent S/R are retested the stronger they are. Will this theory hold?????
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  • #1,734
  • Nov 6, 2017 11:40am Nov 6, 2017 11:40am
Quoting 9jatrader
Shooting star on USDJPY below resistance- how reliable? Formed when the bulls just took over after consolidation
Another shooting star being formed again

Still below the resistance in focus
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  • #1,735
  • Nov 6, 2017 8:38pm Nov 6, 2017 8:38pm
USDJPY was able to form another stronger setup- shooting star. This pair is drawing much attention now.
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  • #1,736
  • Nov 6, 2017 8:41pm Nov 6, 2017 8:41pm
Will the shooting star finally shoot down the USDJPY down. Time will tell. I remain bearish, just that only the negative swap am paying until it finally crashes down
Make all mistakes in demo and rain in pips in live account
  • #1,737
  • Nov 6, 2017 8:48pm Nov 6, 2017 8:48pm
Quoting 9jatrader
{quote} I have already joined the NZDUSD bulls. I have to skip AUDUSD because the the upper band is too close. At least before NZDUSD gets to upper band it would have made something great for me
NZDUSD gradually picking up???
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  • #1,738
  • Nov 6, 2017 8:50pm Nov 6, 2017 8:50pm
Quoting 9jatrader
Am scared now on my AUDUSD short. The weekly rejecting lower band and the correlated pair, NZDUSD on strong support and stochastic left oversold
Here was when stochastic gave the signal to join
Make all mistakes in demo and rain in pips in live account
  • #1,739
  • Nov 6, 2017 8:56pm Nov 6, 2017 8:56pm
Sometimes middle band becomes threat to setup made by stochastic. It may return the setup back from the bollinger middle band and trigger SL below the support level. Closing above the middle band would add more confidence to the setup. I hope today's candle breaks above the middle band finally. Good morning
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  • #1,740
  • Nov 7, 2017 8:08am Nov 7, 2017 8:08am
How reliable is the consolidation being formed above the middle band on USDCAD??? Forming strong Bullish engulfing
Make all mistakes in demo and rain in pips in live account
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