This thread has been dead recently. Where has everyone gone to?
Dr. C
Daily Chart 3-Candle 1,351 replies
Daily Candle On Chart Indicator? 6 replies
Weekly chart with daily candle patterns 2 replies
Day's first H4 candle correlation to daily candle 14 replies
Correlation between first 4 hour candle and daily candle 1 reply
DislikedPossibility of a bearish advance block into prior resistance on usdlfx daily.
Possibility of a morning star formation off a long term trendline.
LFXJPY, bearish 3 inside down perhaps?
Anyone have any thoughts about validity?Ignored
DislikedYes agree Daffy on USdlfx advance block and LFXJPY 3 inside down but if $ falls I think JPY will not end as 3 inside down,Maybe we have a D1 hammerIgnored
DislikedYes agree Daffy on USdlfx advance block and LFXJPY 3 inside down but if $ falls I think JPY will not end as 3 inside down,Maybe we have a D1 hammerIgnored
DislikedHere's a little midweek cable update from my perspective:
Cable accelerating downwards sofar this week just as fast as it accelerated upwards breaking 1.6618 horizontal support and 1.6528 July 8th-July30th minor trendline and immediately halting beneath that level which also coincides midway thru the rising channel. This behavior is further indication of a consolidating price action.
Bottom of the channel comes in sight currently @ 1.6160 and rising which is still a safe distance away.
Medium-Term outlook is bullishly ranging favoring accumulation...Ignored
DislikedBones, you were spot on about the yen. I was quite surprised by the movement on the yen pairs (I was expecting yen strength). What made you think that a fall in the dollar would prevent the yen from gaining strength?
GBPLFX is showing sign of forming another doji - perhaps a sign that the market is uncommited before the FOMC statement, or perhaps a sign that the bears and bulls couldn't make their mind up today. I did notice that it took two dojis (dojii? dojies? what is the plural of doji anyway? ) to make the formation for the usdlfx turnaround,...Ignored
DislikedIt worries me that the $ has kicked off bearish off falling tl needs to take early on?,in blue box may be 1.8300Ignored
DislikedHi Daffy ,the yen and $ tend to move in the same direction as both are safe haven...isnt it interesting that the daily completed the 3 inside down,a high probability trade before bounce,not quite a hammer but still looks bullish...Ignored
DislikedIs struggling with blue box.
D1 advance block then bearish outside ,covering previous 2 days.Ignored
DislikedThanks for that, Bones.
I have noticed that the $ and Yen tend to move in opposite directions, it's the sole reason I don't trade the $ Yen pair. The daily upper wick on yesterday's yen daily is quite large in comparison to other bearish in neck patterns I've seen before, but it may still pan out, or it could just continue north, rejecting the trendline. Wait and see time I guess.Ignored
DislikedHey Daffy if you look at the index s you can clearly see they move pretty much in tandam ,tho not exact of course ,so they have been trending down and have just had a bottom or correction up. depending on your view.Ignored