DislikedHi, new in this thread... referred here by some samaritans ha ha ha...
Attached is the candle stick pattern that i notice on Eur/Chf, i'm not sure whether it is valid... but i feel it does look like abandoned baby bullish aka abandoned calf... ha ha ha... pls let me know if i overlook smth... i'm here to learn
P.S my platform close the candle about 3 hour more, so i believe it should not have much change from now...Ignored
- #1,763
- Aug 12, 2008 4:03pm Aug 12, 2008 4:03pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
For usd/yen lets see second target:
- #1,764
- Aug 12, 2008 4:09pm Aug 12, 2008 4:09pm
- Joined Nov 2007 | Status: beginner | 7,828 Posts
As you say good, we need a confirmation
for some neutral candles or candles with low
reliability.
In this case eur/aud it was the thirdtime,
that I was caught (in a positive way) by
a bullish continuation. Last time it was with
gopher and usd/chf.
please see http://www.forexfactory.com/showpost...postcount=1567
So what I learned new by james16: if price
has broken a serious resistance level and
after this I see a candle with low reliability doji
or neutral spinning top appears in the area where
the new support is now (old resistance),
I start to think the other way around:
a bullish continuation, not a reversal.
So it is very very importend where doji
or spinning top appears (near support/resistance).
It is quit irritating, I know, but I will
observe this phenomenon. It gives candlesticks
a new direction (at least for me) imho.
but peaches im monitoring Germany 10 -year yield(4.23) with interest rate of eur(4.25) . maybe we will see a retrace for EUR in the next time
- #1,771
- Aug 12, 2008 4:33pm Aug 12, 2008 4:33pm
- | Commercial User | Joined Nov 2007 | 1,296 Posts
It was a great trading day my friend !
For usd/yen lets see second target: Attached Thumbnails http://www.forexfactory.com/attachme...1&d=1218575015
you guyz are very fast. i normally set my pending order for trading hammer at the break of the low of the hammer.
you guyz are smart
- #1,773
- Aug 12, 2008 4:35pm Aug 12, 2008 4:35pm
- Joined Nov 2007 | Status: beginner | 7,828 Posts
you guyz are very fast. i normally set my pending order for trading hammer at the break of the low of the hammer.
you guyz are smart
hammer ?
- #1,775
- Aug 12, 2008 4:37pm Aug 12, 2008 4:37pm
- Joined Nov 2007 | Status: beginner | 7,828 Posts
pesches look to EURAUD 
- #1,778
- Aug 12, 2008 4:39pm Aug 12, 2008 4:39pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
pesches look to EURAUD
yes, Im long since 1,70
