candles show to us
GBP LFX
EUR LFX
LFX JPY
- #8,581
- Jun 19, 2009 9:17am Jun 19, 2009 9:17am
- Joined Nov 2007 | Status: beginner | 7,828 Posts
- #8,582
- Jun 19, 2009 9:38am Jun 19, 2009 9:38am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Patience + Discipline - Greed = Success
- #8,583
- Jun 19, 2009 9:48am Jun 19, 2009 9:48am
- Joined Feb 2008 | Status: Trader | 5,732 Posts
Hi Hussin.... Has your h4 closed as a shooting star? Mine is looking like one now but will close in 1h and 20 min...
Patience + Discipline - Greed = Success
- #8,584
- Jun 19, 2009 11:07am Jun 19, 2009 11:07am
- Joined Sep 2007 | Status: Senior Member | 2,939 Posts
CAD LFX
Imanuel Parsifal
- #8,586
- Jun 20, 2009 2:48am Jun 20, 2009 2:48am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Hello everyone.
Thank you for the invite baz.
Been going through the pages I must say hats off to Hussin for this wonderful thread. This is truly a master trading room. Strictly business & no bs.
Will be looking to post some analysis here before the new trading week opens.
Have a good one
Thank you for the invite baz.
Been going through the pages I must say hats off to Hussin for this wonderful thread. This is truly a master trading room. Strictly business & no bs.
Will be looking to post some analysis here before the new trading week opens.
Have a good one
Thank You 
- #8,587
- Jun 20, 2009 4:25am Jun 20, 2009 4:25am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Welcome Azim 
Hussin is indeed the best trader on the FF that I know of .
There is no where else where a pro trader will come at any time and have a solid opinion on pretty much every currency in the book . Look forward to your analysis ....
Hussin is indeed the best trader on the FF that I know of .
There is no where else where a pro trader will come at any time and have a solid opinion on pretty much every currency in the book . Look forward to your analysis ....
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #8,588
- Jun 20, 2009 4:29am Jun 20, 2009 4:29am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #8,589
- Jun 20, 2009 6:06am Jun 20, 2009 6:06am
- | Joined Jan 2009 | Status: Cesco | 1,140 Posts
Maybe short now Peter?
I went short on Friday at 0,8094.
Did you notice that commodities currencies are already weaker than EUR and GBP?
early next week , Mon or Tue, maybe shall expect a false breakout move?
If that will happen, I think it will eventually be the chance to be long on USD I had been waiting for a few weeks.
Also watching EURUSD and GBPUSD especially, that could make a double top around 1,67.
- #8,590
- Jun 20, 2009 6:23am Jun 20, 2009 6:23am
- Joined Dec 2007 | Status: Trader | 1,964 Posts
Hello everyone.
Thank you for the invite baz.
Been going through the pages I must say hats off to Hussin for this wonderful thread. This is truly a master trading room. Strictly business & no bs.
Will be looking to post some analysis here before the new trading week opens.
Have a good one
baz
- #8,591
- Jun 20, 2009 7:38am Jun 20, 2009 7:38am
- | Commercial User | Joined Mar 2009 | 2,480 Posts
What are your views on this weeks GBP/JPY candle? Comments appreciated
Comments appreciated
- #8,592
- Jun 20, 2009 12:27pm Jun 20, 2009 12:27pm
- | Joined Jan 2009 | Status: Cesco | 1,140 Posts
What are your views on this weeks GBP/JPY candle?
- #8,593
- Jun 20, 2009 9:05pm Jun 20, 2009 9:05pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Hi Traders!
Is this a kinda Gravestone Doji on EJ daily chart?
Thanks!
Jhon
Is this a kinda Gravestone Doji on EJ daily chart?
Thanks!
Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #8,594
- Edited 9:36pm Jun 20, 2009 9:21pm | Edited 9:36pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
From what I know It Can have a small lower shadow... In EJs case you do..
http://www.candlesticker.com/images/10FIG.gif
INVERTED UMBRELLA
Type:ReversalRelevance:IndecisionPrior Trend:N/AReliability:MediumConfirmation:N/ANo. of Sticks:1
Definition:
An Inverted Umbrella is characterized by having no lower shadow and but a long upper shadow. The long upper shadow shows the evidence for selling pressure, but the position of high price indicates that plenty of buyers still are around. Inverted Umbrella is a reversal pattern.
Recognition Criteria:
1. The real body of the Inverted Umbrella is either a horizontal line or it is significantly small (its length is not more than a few ticks).
2. There is no lower shadow.
3. However the upper shadow is long.
Explanation: Inverted Umbrella indicates that buyers dominated the trading and they were able to drive the prices higher during the day. However, sellers resurfaced by the end of the day and pushed prices back to the opening price level and to the day’s low.
Important Factors:
The Inverted Umbrella has the potential to point out evidence for buying pressure and indicate a potential bullish reversal if it appears after a long downtrend, long black candlestick or if it is seen at a visible support level. Likewise it may show a failed rally and indicate a potential bearish reversal if it appears after a long uptrend, long white candlestick or if it is seen at a visible resistance level. Bearish or bullish confirmation is required in both situations.
Markets are not Random, they are designed!
- #8,595
- Jun 20, 2009 9:36pm Jun 20, 2009 9:36pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #8,596
- Jun 20, 2009 9:42pm Jun 20, 2009 9:42pm
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!
- #8,597
- Jun 20, 2009 9:49pm Jun 20, 2009 9:49pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
I have not traded this pair for a long time.. so I dont know.. Need One more candle to confirm!!!
Since they both are paired with JPY.. but they dont move together some times.. one goes one way the other goes the other way..
I will leave this to Candle stick Experts.. Like Hussin and Peaches.
Personally I think This one is Bullish too! long term.. short bear rally may be expected just like in G/J up tp 150.50
Jhon
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #8,598
- Jun 21, 2009 3:11am Jun 21, 2009 3:11am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Gentle men.
what can someone say about this Pattern!!??
To me its Buy All dips for a long time...
what can someone say about this Pattern!!??
To me its Buy All dips for a long time...
Markets are not Random, they are designed!
- #8,599
- Jun 21, 2009 3:58am Jun 21, 2009 3:58am
- Joined May 2008 | Status: dynamic | 2,412 Posts
Gentle men.
what can someone say about this Pattern!!??
To me its Buy All dips for a long time...
Invincibility lies in the defence, the possibility of victory in the attack
- #8,600
- Jun 21, 2009 10:05am Jun 21, 2009 10:05am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Maybe short now Peter?
Man, I was in too fast, which has caused serious losses for me.I will only trade USD pairs this week, if this boring range from last week is broken.
Maybe we have seen a spring with last 4 h candle
But bigger picture is clear, why price has trouble for upward break, there is the pretty nice fibo level above, but if broken up 1.8750.
Or bulls give up, and we see continuation in trend...
aud/lfx is a nice weekly hanging man for me.
