sorry -very busy, not a lot of time for forex:
key chart of the day: swissy -daily
today is a hanging man - turning point for dollar
getting bearish, imho.
nice trading everyone
- #3,201
- Sep 25, 2008 2:57pm Sep 25, 2008 2:57pm
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
eu daily double top ..
http://img220.imageshack.us/img220/5...ailydg2.th.gifhttp://img220.imageshack.us/images/thpix.gif
for h4 there are double top n shootingstar/evening star
[img=http://img220.imageshack.us/img220/5483/eu26sept08h4ll8.th.gif][img=http://img220.imageshack.us/images/thpix.gif]
correct me if im wrong, stiil learning..
http://img220.imageshack.us/img220/5...ailydg2.th.gifhttp://img220.imageshack.us/images/thpix.gif
for h4 there are double top n shootingstar/evening star
[img=http://img220.imageshack.us/img220/5483/eu26sept08h4ll8.th.gif][img=http://img220.imageshack.us/images/thpix.gif]
correct me if im wrong, stiil learning..
- #3,204
- Sep 28, 2008 10:16am Sep 28, 2008 10:16am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Hi everybody,
IŽll try to have a look at a few currencys in the next charts, but in this
fundamental environment a forecast is very very dangerous. What is clear,
is, that there might be a lot movements (in which way ever), after this
consolidation days are over.
eur/usd - daily:
Not a lot new, we see a lot of indicision in the market. Last fridays candle
was a doji showing indicision in the market.
But we should have an eye on 2 circumstances: The long upper wicks of the last 3 days candle indicating a selling pressure. BUT, if we look at the bodys of the last three candles we see the bodys of these candles are getting smaller. This means that the open and close are getting nearer.
Mondays candle will make a decision I think, if we see a bearish contiuation or a bullish engulfing candle. Let`s see. I`ll stick to my analyses in posting
http://www.forexfactory.com/showpost...postcount=3181
means a bit more down, and then a big move up above 1,4950
IŽll try to have a look at a few currencys in the next charts, but in this
fundamental environment a forecast is very very dangerous. What is clear,
is, that there might be a lot movements (in which way ever), after this
consolidation days are over.
eur/usd - daily:
Not a lot new, we see a lot of indicision in the market. Last fridays candle
was a doji showing indicision in the market.
But we should have an eye on 2 circumstances: The long upper wicks of the last 3 days candle indicating a selling pressure. BUT, if we look at the bodys of the last three candles we see the bodys of these candles are getting smaller. This means that the open and close are getting nearer.
Mondays candle will make a decision I think, if we see a bearish contiuation or a bullish engulfing candle. Let`s see. I`ll stick to my analyses in posting
http://www.forexfactory.com/showpost...postcount=3181
means a bit more down, and then a big move up above 1,4950
- #3,205
- Sep 28, 2008 10:20am Sep 28, 2008 10:20am
- | Joined Oct 2007 | Status: work in progress | 1,009 Posts
Well on my chart is quite different
Don't chase the market, Let the market come to you
- #3,207
- Sep 28, 2008 10:28am Sep 28, 2008 10:28am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
G/U - daily:
sorry, again nothing new on this one:
Last fridays candle was a bullish candle, which may give us the chance to see a (kind of) three inside up formation:
http://www.candlesticker.com/Cs61.asp
But we need confirmation from mondays candle.
IŽll stick to my target ~ 1,88 which I posted here:
http://www.forexfactory.com/showthre...ku#post2238080
sorry, again nothing new on this one:
Last fridays candle was a bullish candle, which may give us the chance to see a (kind of) three inside up formation:
http://www.candlesticker.com/Cs61.asp
But we need confirmation from mondays candle.
IŽll stick to my target ~ 1,88 which I posted here:
http://www.forexfactory.com/showthre...ku#post2238080
- #3,208
- Sep 28, 2008 10:33am Sep 28, 2008 10:33am
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
your chart does not reflect true market hours, as suggested try fxpro as it is open retail market hours
I use chart from Polish broker (this white) day close is 22GMT or 00 CET.
And its fits completely to our day close.
Btw peaches ur charts line up with my EW scenario.
posted in EU thread
http://www.forexfactory.com/showthre...0372&page=2315
- #3,209
- Sep 28, 2008 10:36am Sep 28, 2008 10:36am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Well, if we are two traders with the same opinion, we may move the market 
But there are so much fundamentels going on next week, everything may happen.
But there are so much fundamentels going on next week, everything may happen.Well i think if one person told me that is enough dont u think so ?
I use chart from Polish broker (this white) day close is 22GMT or 00 CET.
And its fits completely to our day close.
Btw peaches ur charts line up with my EW scenario.
posted in EU thread
http://www.forexfactory.com/showthre...0372&page=2315
- #3,211
- Sep 28, 2008 10:50am Sep 28, 2008 10:50am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Gopher daily and weekly:
The gopher daily chart shows us, the price is in the middle of nowhere.
It may range on and on, between these areas I marked in the daily chart.
BUT the weekly tells us a different story: It shows us a bearish engulfing candle. I think we may see lower price in the next week on this one
The gopher daily chart shows us, the price is in the middle of nowhere.
It may range on and on, between these areas I marked in the daily chart.
BUT the weekly tells us a different story: It shows us a bearish engulfing candle. I think we may see lower price in the next week on this one
- #3,212
- Sep 28, 2008 11:07am Sep 28, 2008 11:07am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Geppy - weekly and daily:
After strong bullish weekly candle (as a result of touching ~185),
we now see a doji for last week. This is pretty interesting, because
some may have expected a bullish upward move or bullish continuation
of the last bullish weekly candle. This has not happend.
I come to the conclusion, that bulls are not convinced, that bear-time
is over.
On the daily we see fridays candle as a very nice hammer. We need a
confirmation of this hammer, before we may count the hammer as a true hammer.
If the hammer is confirmed, we may see 200 or maybe 203 on my charts.
What scares me, that we have seen such times of consolidation in
the past, and this may continue sideways
But IŽll stick to my trading plan, which is geppy bearish and which I posted here:
http://www.forexfactory.com/showpost...postcount=3166
After strong bullish weekly candle (as a result of touching ~185),
we now see a doji for last week. This is pretty interesting, because
some may have expected a bullish upward move or bullish continuation
of the last bullish weekly candle. This has not happend.
I come to the conclusion, that bulls are not convinced, that bear-time
is over.
On the daily we see fridays candle as a very nice hammer. We need a
confirmation of this hammer, before we may count the hammer as a true hammer.
If the hammer is confirmed, we may see 200 or maybe 203 on my charts.
What scares me, that we have seen such times of consolidation in
the past, and this may continue sideways
But IŽll stick to my trading plan, which is geppy bearish and which I posted here
:http://www.forexfactory.com/showpost...postcount=3166
- #3,213
- Sep 28, 2008 11:14am Sep 28, 2008 11:14am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
aud/jpy:
over all, the yen looks very very bullish against other currencys on my
charts.
For aud/jpy we might see a continuation of downmoves after this consolidation range is done.
We have seen this before and we need patience.
Fridays candle was a bearish engulfing,
the weekly is a harami pattern in my eyes.
over all, the yen looks very very bullish against other currencys on my
charts.
For aud/jpy we might see a continuation of downmoves after this consolidation range is done.
We have seen this before and we need patience.
Fridays candle was a bearish engulfing,
the weekly is a harami pattern in my eyes.
- #3,218
- Sep 28, 2008 5:30pm Sep 28, 2008 5:30pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Geppy - weekly and daily:
After strong bullish weekly candle (as a result of touching ~185),
we now see a doji for last week. This is pretty interesting, because
some may have expected a bullish upward move or bullish continuation
of the last bullish weekly candle. This has not happend.
I come to the conclusion, that bulls are not convinced, that bear-time
is over.
On the daily we see fridays candle as a very nice hammer. We need a
confirmation of this hammer, before we may count the hammer as a true hammer.
If the hammer is confirmed, we may see 200 or maybe 203 on my charts.
What scares me, that we have seen such times of consolidation in
the past, and this may continue sideways
But IŽll stick to my trading plan, which is geppy bearish and which I posted here
http://www.forexfactory.com/showpost...postcount=3166
As I said a few hours before, 200/203 is not from the table, IF the daily hammer is confirmed.
I have 3 long signals for other yen-crosses, which should not be ignored. So i think it is highly propable to see a move up, before continuation in downtrend. Please see charts here:
http://www.forexfactory.com/showpost...&postcount=101
Happy trading everyone and good night
- #3,220
- Sep 29, 2008 12:13am Sep 29, 2008 12:13am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
hi peaches, thanks for holding it down for hussin, hope he gets his connection back
From the gap example as a trend continuation, do you see gj still dropping?
Hi,
I think short term (next 2 or 3 days) geppy will go 200, then watch out for bearish candlestick pattern. This setup is invalid, if the low of the hammer from friday is broken to the downsite.