On-site guru & also FF member's' psychiatrist, when not drinking tea
- #8,261
- Jun 9, 2009 5:35pm Jun 9, 2009 5:35pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
- #8,263
- Jun 9, 2009 6:05pm Jun 9, 2009 6:05pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #8,265
- Jun 9, 2009 6:11pm Jun 9, 2009 6:11pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Agree Peter the weekly running into 8300 is not a good buy ,under 1.8000 would be bearish
I like to post my USDLFX point of view, of course I might be wrong
In post 8230 I asked rethorical, if the monthly isn´t a three bearish crow pattern ??? In my eyes, it is...
It is very importend in candlestick pattern, to know where something happend.
So by watching the weekly chart, last bullish weekly some might think, great a bullish engulfing candle.But what is more importend, is the weekly candle before the bullish candle
This...
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #8,266
- Jun 9, 2009 6:36pm Jun 9, 2009 6:36pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Thanks Jhon, I will give it a try
The pound is pretty bullish, I see next resistance at 3.0218
Also have a look at eur/usd, if it will be rejected from ~1.42 or clear break it. Ifor a break, because otherwise we will see a boring range during summer. (Notice daily hammer on eur/lfx as well).
On EU I see a daily bullish engulfing, but as you say, this 1.42 has to be taken first
Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #8,267
- Jun 9, 2009 6:37pm Jun 9, 2009 6:37pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Hi Peter and dear traders!
On EU I see a daily bullish engulfing, but as you say, this 1.42 has to be taken first
Attachment
Jhon
Nice trading to all!
Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #8,268
- Jun 9, 2009 6:46pm Jun 9, 2009 6:46pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Your chart for me looks more like a tweezer bottom, btw, I don't want spoil your bullish party, but take a look at this:
The price stop on 61.8% fibo level from last down movement, I don't dare to buy at this levels, maybe in a pullback or retest of the bottom @1.575xx, besides my oscillator is pointing down.
What do you think?
Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #8,269
- Jun 9, 2009 6:58pm Jun 9, 2009 6:58pm
- Joined Dec 2007 | Status: Trader | 1,964 Posts
Hi Baz!
Your chart for me looks more like a tweezer bottom, btw, I don't want spoil your bullish party, but take a look at this:
Attachment
The price stop on 61.8% fibo level from last down movement, I don't dare to buy at this levels, maybe in a pullback or retest of the bottom @1.575xx, besides my oscillator is pointing down.
What do you think?
Jhon
I will wait London Open.....and see what the Sentiment prevails..
You know,i used to talk about 30 min Tf,remember the good old days !!!
baz
- #8,270
- Jun 9, 2009 7:07pm Jun 9, 2009 7:07pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Absouletley,i am waiting to SHORT on LTF.....but its beyond the Thread Hussin intended,hence i stick to the HTF when posting any analysis.....I dont get married to a View....i go BOTH WAYS
I will wait London Open.....and see what the Sentiment prevails..
You know,i used to talk about 30 min Tf,remember the good old days !!!
baz
Of course, I remember the good old days, I have yet an e-mail yours with your strategy rsi & fibo based
Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #8,271
- Jun 9, 2009 7:16pm Jun 9, 2009 7:16pm
- Joined Dec 2007 | Status: Trader | 1,964 Posts
I got it Sir! I'm trying to post charts with candles analysis mostly
Of course, I remember the good old days, I have yet an e-mail yours with your strategy rsi & fibo based
Jhon
But,you are on the right path,with CandleStick Analysis and HTF,less stressful,and above all there are great People on this thread.....lets keep it that way...
Now if i can only call Hussin from his holiday home and show his View....
baz
- #8,272
- Jun 9, 2009 11:32pm Jun 9, 2009 11:32pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
4 h candles recommend a pullback to 1,61-1,62 if upper trendline is not broken.
depends on the usd
Maybe today a doji, lets see
depends on the usd
Maybe today a doji, lets see
Hi Baz!
Your chart for me looks more like a tweezer bottom, btw, I don't want spoil your bullish party, but take a look at this:
Attachment
The price stop on 61.8% fibo level from last down movement, I don't dare to buy at this levels, maybe in a pullback or retest of the bottom @1.575xx, besides my oscillator is pointing down.
What do you think?
Jhon
- #8,273
- Jun 10, 2009 12:09am Jun 10, 2009 12:09am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Hi Peter welcome back from UK ,Hope the Brits treated you well?
I was able to take a look a this building. We went out of the london underground and it was heavy raining and we had no umbrella, so I did not went near to it. But there was an arrow pointing to this building, it says "bank of england / London currency exchange"
- #8,274
- Jun 10, 2009 12:13am Jun 10, 2009 12:13am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
fine, the yen is awakon against the usd, and some other currencys
- #8,275
- Jun 10, 2009 5:51am Jun 10, 2009 5:51am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Hello dear traders,
I will be silent for the rest of the week I think, I have done a bit analyses
last days and I´am currently in a few trades, so there is nothing left to do,
then wait, turn the computer off and cook a good meal or watch a good film. Avoid overtrading.
I`am
eur/usd long for break 1,42 targeting 1,45/46
gbp/usd long for 1,65 - 1,66, if broken 1.74 (watch weekly kumo cloud !)
usd/jpy long for 100.30
eur/aud short for 1.70
aud/usd very long for > 85
gbp/jpy long for 165-168 (if broken far above)
for aud/lfx Iám long, there is a lot room above before resistance
for usd/lfx short, shorter, more short :-)
for eur/lfx long: risk 1.53, target > 1.58 (this is the only trade wich
worrys me currently)
for gbp/lfx long 3.02
cad/lfx has weekly resistance above, I will only trade if
this resistance is broken. If it has had a one week pull back (if there is one), then I will go long.
Don`t take this as a trading advice, everybody should trade their own charts, This is what my charts are telling me. I just try to swim with the fishes
With luck some targets will be reached next weeks friday, it´s the 3. friday
in the month...
have a nice time all
PS: Imho, it looks like some carry traders have build new positions, which they protect (aud / jpy / cad). But poor carrytraders: crises is not over !
I will be silent for the rest of the week I think, I have done a bit analyses
last days and I´am currently in a few trades, so there is nothing left to do,
then wait, turn the computer off and cook a good meal or watch a good film. Avoid overtrading.
I`am
eur/usd long for break 1,42 targeting 1,45/46
gbp/usd long for 1,65 - 1,66, if broken 1.74 (watch weekly kumo cloud !)
usd/jpy long for 100.30
eur/aud short for 1.70
aud/usd very long for > 85
gbp/jpy long for 165-168 (if broken far above)
for aud/lfx Iám long, there is a lot room above before resistance
for usd/lfx short, shorter, more short :-)
for eur/lfx long: risk 1.53, target > 1.58 (this is the only trade wich
worrys me currently)
for gbp/lfx long 3.02
cad/lfx has weekly resistance above, I will only trade if
this resistance is broken. If it has had a one week pull back (if there is one), then I will go long.
Don`t take this as a trading advice, everybody should trade their own charts, This is what my charts are telling me. I just try to swim with the fishes
With luck some targets will be reached next weeks friday, it´s the 3. friday
in the month...
have a nice time all
PS: Imho, it looks like some carry traders have build new positions, which they protect (aud / jpy / cad). But poor carrytraders: crises is not over !
- #8,276
- Jun 10, 2009 5:58am Jun 10, 2009 5:58am
- | Commercial User | Joined Nov 2007 | 1,079 Posts
Peter,
Thanks for sharing your insightful analysis here.
Good luck with all your trades. I'm also long Cable & the Aussie.
Rob
Thanks for sharing your insightful analysis here.
Good luck with all your trades. I'm also long Cable & the Aussie.
Rob
Hello dear traders,
I will be silent for the rest of the week I think, I have done a bit analyses
last days and I´am currently in a few trades, so there is nothing left to do,
then wait, turn the computer off and cook a good meal or watch a good film. Avoid overtrading.
I`am
eur/usd long for break 1,42 targeting 1,45/46
gbp/usd long for 1,65 - 1,66, if broken 1.74 (watch weekly kumo cloud !)
usd/jpy long for 100.30
eur/aud short for 1.70
aud/usd very long for > 85
gbp/jpy long for 165-168 (if broken far above)
for aud/lfx Iám...
- #8,277
- Jun 10, 2009 7:49am Jun 10, 2009 7:49am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Hello dear traders,
I will be silent for the rest of the week I think, I have done a bit analyses
last days and I´am currently in a few trades, so there is nothing left to do,
then wait, turn the computer off and cook a good meal or watch a good film. Avoid overtrading.
I`am
eur/usd long for break 1,42 targeting 1,45/46
gbp/usd long for 1,65 - 1,66, if broken 1.74 (watch weekly kumo cloud !)
usd/jpy long for 100.30
eur/aud short for 1.70
aud/usd very long for > 85
gbp/jpy long for 165-168 (if broken far above)
for aud/lfx Iám...
Nice trading setup, avoid overtrading?
lol, j/k Sir, have a nice weekend, for me, your trades looks pretty well, for sure, I like in particular: AU long, GJ long, EA short, mostly.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #8,278
- Jun 10, 2009 3:59pm Jun 10, 2009 3:59pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
A ha the Great British weather ,lol ,and road works from your picture. I bet your misses wasn’t that impressed with the building.
Most tourists go to Buckingham Palace Peter.
Most tourists go to Buckingham Palace Peter.
Yes, in general they are nice people, open minded. Also good asian food
I was able to take a look a this building. We went out of the london underground and it was heavy raining and we had no umbrella, so I did not went near to it. But there was an arrow pointing to this building, it says "bank of england / London currency exchange"
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #8,279
- Jun 10, 2009 10:20pm Jun 10, 2009 10:20pm
- Joined Oct 2007 | Status: Sniper | 14,770 Posts
But poor carrytraders: crises is not over !
- #8,280
- Jun 11, 2009 10:02am Jun 11, 2009 10:02am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
1.8000 is under attach again
However you see it the weekly is very unlikely to turn Bullish in 24 hrs.
However you see it the weekly is very unlikely to turn Bullish in 24 hrs.
Agree Peter the weekly running into 8300 is not a good buy ,under 1.8000 would be bearish
On-site guru & also FF member's' psychiatrist, when not drinking tea