I was zooming out, and wonder if someone else sees this monster bullflag on sushi ?
Attached Image (click to enlarge)
- #404
- Aug 5, 2009 3:55am Aug 5, 2009 3:55am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Thanx for explanation! 
Peter,
Yup..TD Sequential Sell becomes invalid, as shown below.
Its very interesting to note that, the kumo is infact blocking the possible downward reversal, WOW! (fantastic combination).
p/s pl note, according to Tom Demark, as been updated by Bloomberg. "when number 13 countdown is seen,which means a possible reversal may occur. However, if 12 bars/candles after bar/candle number 13 shows no impact, it means the TD Seq signal power, diminishes. This means reversal will not likely to happen."
Shown below is the GBPLFX...
- #406
- Aug 5, 2009 4:44pm Aug 5, 2009 4:44pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Hey Pete missed your post over on cable thread.
Yea the cad is interesting, I must admit not to be following too closely.The monthly has a pretty crazy candle set up ,lol
Could take a few weeks to wear down that momentum.
I will keep an eye on....
Yea the cad is interesting, I must admit not to be following too closely.The monthly has a pretty crazy candle set up ,lol
Could take a few weeks to wear down that momentum.
I will keep an eye on....
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #409
- Aug 6, 2009 3:58am Aug 6, 2009 3:58am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Fire me up all you like satni
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #410
- Aug 6, 2009 4:02am Aug 6, 2009 4:02am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #413
- Aug 6, 2009 5:52am Aug 6, 2009 5:52am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Hey Pete missed your post over on cable thread.
Yea the cad is interesting, I must admit not to be following too closely.The monthly has a pretty crazy candle set up ,lol
Could take a few weeks to wear down that momentum.
I will keep an eye on....
Last weeks candle could be a doji, but of course there has to be a doji, because price run into resistance.
But I vote for a break of this trendline
(the monthly looks like a piercing line, maybe)
- #414
- Aug 6, 2009 5:54am Aug 6, 2009 5:54am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
You see, ichimoku trading requiervery much patience, but could be very profitable
As shown in GU daily chart below,I notice that, after 5 white body candles, there is will be at least one black body candle.
Today is the day. Right now, with all trade positions cleared,with free mind,
I will wait to buy,if i got good discounts.(If only,there is selling spree.)
Chart below..
Real profit have been taken, demo profit also taken..hehe
All position are profitable, Yes Ichimoku has a high probability success rate!
****Some snapshots for inspiration...for newbies to be more confidence in Ichimoku....
- #415
- Aug 7, 2009 12:42am Aug 7, 2009 12:42am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Iám a way for a few days for short term holiday,
so have a nice time and green pips !
And don´t forget: go short below the cloud, and long above the cloud
so have a nice time and green pips !
And don´t forget: go short below the cloud, and long above the cloud
- #419
- Aug 8, 2009 3:32am Aug 8, 2009 3:32am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Yea Pete I do think its tricky as the monthly has no space ,it needs to break up ,but the $ looks set to rise 
1.6300 from the weekly above , held beautifully while the $ rallied.Have a nice time for you Peter my friend on your break look forward to your return.
(thanks Baz I never knew that about the tab)
1.6300 from the weekly above , held beautifully while the $ rallied.Have a nice time for you Peter my friend on your break look forward to your return.(thanks Baz I never knew that about the tab)
Tony, I question myself, if this weekly trendline will hold cad down, or will it break ?
Last weeks candle could be a doji, but of course there has to be a doji, because price run into resistance.
But I vote for a break of this trendline
(the monthly looks like a piercing line, maybe)
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #420
- Aug 8, 2009 3:43am Aug 8, 2009 3:43am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Hope you held them longs Satni in all seriousness I truly appreciate anyone that passes on knowledge.
in all seriousness I truly appreciate anyone that passes on knowledge.Lighting the fire...hehe
Ichimoku rhythm of the nite. Tuniing to Non farm payroll
On-site guru & also FF member's' psychiatrist, when not drinking tea