We need to close above 51.75 for bullish scenario, in the other hand, bearish continuation, I'm out of yen pairs until I see a breakout [both sides: bearish or bullish]
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,001
- Feb 2, 2010 4:20pm Feb 2, 2010 4:20pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
We need to close above 51.75 for bullish scenario, in the other hand, bearish continuation, I'm out of yen pairs until I see a breakout [both sides: bearish or bullish]
- #10,002
- Feb 2, 2010 4:27pm Feb 2, 2010 4:27pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
On weekly, nice work so far by morning doji star: I'll wait for weekly close to analyze that.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,003
- Feb 2, 2010 4:33pm Feb 2, 2010 4:33pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Hi jhon..
yes looks BULLISH,BUT i see overhead a RESSISTANCE level @1.7700......so obviously we need to be aware and see what PA we get...
take care
baz
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,006
- Feb 4, 2010 3:19pm Feb 4, 2010 3:19pm
Hi John.
We got it
.
Please see post #9849.
Sometimes it takes two weeks or longer.
For LfxJpy we can expect another test at 50.0xx area.
If break we can see 48.8xx , even 47.7xx , or I'm wrong again
.
Please see lfxjpy chart.
What do you think?
Regards
Mac.
We got it
. Please see post #9849.
Sometimes it takes two weeks or longer.
For LfxJpy we can expect another test at 50.0xx area.
If break we can see 48.8xx , even 47.7xx , or I'm wrong again
.Please see lfxjpy chart.
What do you think?
Regards
Mac.
- #10,007
- Feb 4, 2010 3:36pm Feb 4, 2010 3:36pm
Dear Rattyo.
It is good idea for sometimes to clean your window, even ones over the year.
Best regards.
Mac.
It is good idea for sometimes to clean your window, even ones over the year.
Best regards.
Mac
.What is dark cloud cover exactly Mac?
I've seen it outside my window many times
over the years but never incorperated this
into trading to make pips..
- #10,008
- Feb 4, 2010 3:43pm Feb 4, 2010 3:43pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Hi Mac ,yes pull back by cad ,and great target by the way ,not bearish on the neck ,but still it can only be pull back ,the monthly has spoken
http://www.forexfactory.com/showpost...postcount=9998
Hi Tony.
So. CadLfx 1.66xx is don for now
Let's see what next.
Regards
Mac.
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #10,009
- Feb 4, 2010 3:47pm Feb 4, 2010 3:47pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #10,010
- Feb 4, 2010 4:44pm Feb 4, 2010 4:44pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #10,012
- Feb 4, 2010 6:32pm Feb 4, 2010 6:32pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Hi John.
We got it
Please see post #9849.
Sometimes it takes two weeks or longer.
For LfxJpy we can expect another test at 50.0xx area.
If break we can see 48.8xx , even 47.7xx , or I'm wrong again
Please see lfxjpy chart.
What do you think?
Regards
Mac.
Well done! check this weekly chart:
We're on big range yet, 50 < X < 55, a close below or above that, it means buy/sell Yen like no tomorrow.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,013
- Feb 4, 2010 6:34pm Feb 4, 2010 6:34pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
The Cad I think will end the week bearish just like all the commodity currencies
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,014
- Feb 4, 2010 6:36pm Feb 4, 2010 6:36pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
i guess the 1.5700 level is KEY now.......if that gives,than i see DOWNWARD PRESSURE......which means for you and me ...really BAD NEWS...
GBP_USD Spot.png
baz
Test LTL, FL 618 from last up move, s/r zone, $ index @1.77, let's see what NFP brings later.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,015
- Feb 5, 2010 9:12am Feb 5, 2010 9:12am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
What a nice trade!
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,016
- Feb 5, 2010 2:51pm Feb 5, 2010 2:51pm
The Cad I think will end the week bearish just like all the commodity currencies
Sorry for late respond but I already got screen on.
It is 2 hours left to close market in GMT(London).
I'm not sure about bearish Cadlfx, it looks not clear for bearish now
.We got already let's say local HST's with 51% chenge after trend ands.
Please see daily chart, for now if daily close in piercing lane we can have 1.687x next week.
If daily close in bullish engulfing we can have 1.687x or even 1.71xx in longer term.
As you pointed out , monthly CadLfx say:
last month bearish harami, for now two inside up- which means bullish piercing faithing" , and stoch is over 80% area.
Also weekly as you can see , we got harami cross .
All that tells me - it can go bullish
.or I'm wrong again.
Regards
Mac.
- #10,017
- Edited 3:42pm Feb 5, 2010 3:28pm | Edited 3:42pm
Hi Mac!
Well done! check this weekly chart:
Attachment
We're on big range yet, 50 < X < 55, a close below or above that, it means buy/sell Yen like no tomorrow.
Thanks, You're very kind
.I would say we got bearish descending channel with fourth attempt to test 50.xx area and I'm sceptic to be bearish any longer
.Please see daily and weekly chart.
If daily close in any kind of doji or high wave, which can be continuation pattern and lfxjpy can go lower, we can have 49.xx or even 47.6xx area.
But monthly can say different story.
Let's see open
.
- #10,018
- Edited 4:28pm Feb 5, 2010 4:10pm | Edited 4:28pm
i guess the 1.5700 level is KEY now.......if that gives,than i see DOWNWARD PRESSURE......which means for you and me ...really BAD NEWS...
GBP_USD Spot.png
baz
I'm really sorry, but I agree with you.
Please see chart.
Gbplfx weekly don't close lower than 2.77xx for now however ,I think can go lower next week to 2.74xx at bottom TL ,even break it.
We got SL at 2.70xx and if go lower we can have test 2.66 area.
I can see seventh candle close higher then sixth candle and thirteenth candle didn't close lower then ninth in weekly bearish move since 08.11.2009.
If TL hold the sell pressure in two or three weeks we can have bullish smile
, or I'm wrong. Regards
Mac.
- #10,019
- Feb 5, 2010 4:22pm Feb 5, 2010 4:22pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Hi Mac may be it will be bullish it has closed more bullish than anticipated
Do you find you are wrong alot ?
Do you find you are wrong alot ?
Hi Tony.
Sorry for late respond but...
Also weekly as you can see , we got harami cross .
All that tells me - it can go bullish
or I'm wrong again.
Regards
Mac.
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #10,020
- Feb 5, 2010 4:26pm Feb 5, 2010 4:26pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea