in the this time i have closed all the positions
now im waiting for short EJ -GJ -CJ -EURAUD again
a confirmation or daily close then
only news for pound has stolen 20 % of my winning trades.
hussin:
- #1,841
- Aug 13, 2008 3:06pm Aug 13, 2008 3:06pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
only news for pound has stolen 20 % of my winning trades.
hussin:
- #1,842
- Aug 13, 2008 4:05pm Aug 13, 2008 4:05pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
the yen crosses:
I see similar patterns on most, of all yen crosses. I donīt think, this is coincident. The yen is weakening (crosses will go up) against other currencys. I donīt know why.
A hammer or pinbar has not a high reliabilty by itself. But I observed,
if it apears near a support or resistance, it works well.
BUT beware: this direction of the trades, is against the major/weekly
trend, which is DOWN.
If you are able to observe the trades more than I am able to,
it might be a good idea to look at the hourly chart and look,
if it makes higher highs.
Itīs all what I see on the charts, all IMHO, no guarentee because
it`s FOREX. Green pips to all.
I see similar patterns on most, of all yen crosses. I donīt think, this is coincident. The yen is weakening (crosses will go up) against other currencys. I donīt know why.
A hammer or pinbar has not a high reliabilty by itself. But I observed,
if it apears near a support or resistance, it works well.
BUT beware: this direction of the trades, is against the major/weekly
trend, which is DOWN.
If you are able to observe the trades more than I am able to,
it might be a good idea to look at the hourly chart and look,
if it makes higher highs.
Itīs all what I see on the charts, all IMHO, no guarentee because
it`s FOREX. Green pips to all.
- #1,848
- Edited 11:31pm Aug 13, 2008 11:30pm | Edited 11:31pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
hi all,
hanging man & bearish engulfing at WD4 platform.
what do u think guys ?
i agree with your analyses.
On the 1 hour chart we see this pair makes new lower lows. The second lower low was only a few pips lower, but it was lower then the low before.
Happy trading
- #1,855
- Aug 14, 2008 1:55am Aug 14, 2008 1:55am
- | Joined Jun 2008 | Status: KISS=Keep it simple and Stupid | 131 Posts
in the this time i have closed all the positions
now im waiting for short EJ -GJ -CJ -EURAUD again
a confirmation or daily close then
It can be S correction after big move.
GJ is opportunity to short recently but I don not see it
wait another opportunity
- #1,860
- Edited 3:36am Aug 14, 2008 2:51am | Edited 3:36am
- Joined Oct 2007 | Status: Trader | 3,461 Posts