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Daily candle chart

  • #4,601
  • Feb 4, 2009 3:51pm Feb 4, 2009 3:51pm
It has been a struggle Rob I must admit what with the wild swing consolidation type moves,I have also traded to the extreme (so many hours this week) without any benefit apart from experiance ,lol
If we can get a clear signal here we may get the move we are looking for...


Tony



Quoting priceaction
I was short Bones. But I had to end it, so got stopped out for a painful loss. It's been bad trading for me since Friday. Those daily bars have neither triggered a real bull or bear move and have just ranged.

It is beginning to look like Cable faked a move up, and could be heading down. I have a good looking 4hr shooting star on my chart.

But then I have thought it's going down since last Friday. I'll have to wait and see tomorrow.

Rob
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #4,602
  • Feb 4, 2009 3:57pm Feb 4, 2009 3:57pm
Trading is way more difficult if your looking in the wrong direction always defensive,we have not got the experience to let it ride and lets face it cable has been bullish trick or no trick.
I have chosen cable to trade but there were much easier pairs this week.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #4,603
  • Feb 4, 2009 4:05pm Feb 4, 2009 4:05pm
Quoting Bones
Trading is way more difficult if your looking in the wrong direction always defensive,we have not got the experience to let it ride and lets face it cable has been bullish trick or no trick.
I have chosen cable to trade but there were much easier pairs this week.
Yes,i love Cable as well......BUT today Euro broke yesterdays high,put a 1Hr pin,and did not look back....down it went..

baz
  • #4,604
  • Feb 4, 2009 4:16pm Feb 4, 2009 4:16pm
although i do not use the GBPFLX chart......Prices broke the 20 ema,and then a retest,and a PIN as well on Tuesday....today we had another Bullish day,closing above yesterdays HIGHS.
i will stay aside untill it makes sense......or play the intraday play.

baz
  • #4,605
  • Feb 4, 2009 4:18pm Feb 4, 2009 4:18pm
ya allah
good morning from tehran
  • #4,606
  • Feb 4, 2009 4:19pm Feb 4, 2009 4:19pm
Baz, that is a sore subject, lol I had the Eur down such an nice trade,Hussin did tell us about it...
Actually Eur is way nicer than cable.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 19-eur-usd -,4-2-9.gif Size: 23 KB
Click to Enlarge Name: 19-eur-usd-4hr -,4-2-9.gif Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #4,607
  • Feb 4, 2009 4:19pm Feb 4, 2009 4:19pm
Quoting priceaction
I was short Bones. But I had to end it, so got stopped out for a painful loss. It's been bad trading for me since Friday. Those daily bars have neither triggered a real bull or bear move and have just ranged.

It is beginning to look like Cable faked a move up, and could be heading down. I have a good looking 4hr shooting star on my chart and its looks as if the daily could be an indecisive doji.

But then I have thought it's going down since last Friday. I'll have to wait and see tomorrow.

Rob
hi Rob
you can see a rickshaw man
  • #4,608
  • Feb 4, 2009 4:21pm Feb 4, 2009 4:21pm
Quoting Bones
Baz, that is a sore subject, lol I had the Eur down such an nice trade,Hussin did tell us about it...
Actually Eur is way nicer than cable.
you no what mate,as soon as i choose Euro over Cable,SODS law applies,and Euro does nothing....and Cable puts in a massive move !!!.

but i got to stick to my Goal.

baz
  • #4,609
  • Feb 4, 2009 4:23pm Feb 4, 2009 4:23pm
And the Eur GBP I was watching but in the end was to wrapped up..
Attached Image (click to enlarge)
Click to Enlarge Name: 18-eur-gbp -,4-2-9.gif Size: 24 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #4,610
  • Feb 4, 2009 4:23pm Feb 4, 2009 4:23pm
Quoting hussin naiji
ya allah
good morning from tehran
Hi Hussin,

I sent you a request regarding the GBPCHF..and it was the first participation for me here in your thread...

Are you ignoring me...?!!

regrds,

Ahmed
  • #4,611
  • Feb 4, 2009 4:23pm Feb 4, 2009 4:23pm
Quoting priceaction
I was short Bones. But I had to end it, so got stopped out for a painful loss. It's been bad trading for me since Friday. Those daily bars have neither triggered a real bull or bear move and have just ranged.

It is beginning to look like Cable faked a move up, and could be heading down. I have a good looking 4hr shooting star on my chart and its looks as if the daily could be an indecisive doji.

But then I have thought it's going down since last Friday. I'll have to wait and see tomorrow.

Rob
agree with your view about shooting star in H4 cable
also we can see same on GJ
  • #4,612
  • Feb 4, 2009 4:25pm Feb 4, 2009 4:25pm
Appsolutluy Baz ,the main thing for me is to make progress to be right more often than not.


Quoting baz
you no what mate,as soon as i choose Euro over Cable,SODS law applies,and Euro does nothing....and Cable puts in a massive move !!!.

but i got to stick to my Goal.

baz
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #4,613
  • Feb 4, 2009 4:26pm Feb 4, 2009 4:26pm
Quoting ahmedfouad77
Hi Hussin,

I sent you a request regarding the GBPCHF..and it was the first participation for me here in your thread...

Are you ignoring me...?!!

regrds,

Ahmed
i am sure Hussin will respond,he is a true Gentlemen

baz
  • #4,614
  • Feb 4, 2009 4:28pm Feb 4, 2009 4:28pm
Quoting Bones
Appsolutluy Baz ,the main thing for me is to make progress to be right more often than not.
i am calling it a night...BUT even now the Hourly Cable candles have Lower Wicks,and Euro seems to have found support as well.
Good luck guys,and trade safe.

baz
  • #4,615
  • Feb 4, 2009 4:28pm Feb 4, 2009 4:28pm
Quoting Bones
It has been a struggle Rob I must admit what with the wild swing consolidation type moves,I have also traded to the extreme (so many hours this week) without any benefit apart from experiance ,lol
If we can get a clear signal here we may get the move we are looking for...


Tony
i don't know why some traders have hurry for enter position and also exit from that .
i don't know why .
in this time i have 3 lot (real) . now is -$1800
but i wait for exit with green pips
because i creed this
short GBPUSD
short AUDUSD
short CADYEN
short GJ
  • #4,616
  • Feb 4, 2009 4:30pm Feb 4, 2009 4:30pm
Quoting Jigsaw
Good evening from Ireland ! (Had to carry on the theme )

Guys, I really love this thread. ....
thanks and wellcome
best regards
hussin
  • #4,617
  • Edited 4:47pm Feb 4, 2009 4:32pm | Edited 4:47pm
Well that is simple Hussin my friend ,we do not have large accounts or the experiance to actually know we are right which is why we are blessed to be shown the way


Quoting hussin naiji
i don't know why some traders have hurry for enter position and also exit from that .
i don't know why .
in this time i have 3 lot (real) . now is -$1800
but i wait for exit with green pips
because i creed this
short GBPUSD
short AUDUSD
short CADYEN
short GJ
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #4,618
  • Feb 4, 2009 4:33pm Feb 4, 2009 4:33pm
Quoting Bones
Trading is way more difficult if your looking in the wrong direction always defensive,we have not got the experience to let it ride and lets face it cable has been bullish trick or no trick.
I have chosen cable to trade but there were much easier pairs this week.
Tony agree with you
  • #4,619
  • Feb 4, 2009 4:35pm Feb 4, 2009 4:35pm
Quoting hussin naiji
i don't know why some traders have hurry for enter position and also exit from that .
i don't know why .
in this time i have 3 lot (real) . now is -$1800
but i wait for exit with green pips
because i creed this
short GBPUSD
short AUDUSD
short CADYEN
short GJ
i did not expect a challenge of LAST WEEKS highs...but today it broke the Highs....it is now possible that a RETEST of todays HIgh may take place .

i am short on that PIn on the 3 hr...and no SL.
By tommorow i may be POOR

take care

baz
  • #4,620
  • Feb 4, 2009 4:37pm Feb 4, 2009 4:37pm
Quoting baz
you no what mate,as soon as i choose Euro over Cable,SODS law applies,and Euro does nothing....and Cable puts in a massive move !!!.

but i got to stick to my Goal.

baz
or EJ
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