Never trust in a candle in forming
Nice lesson for me today!
Baz, "hikake" is playing again on gbplfx?
wait for Candle close....we should see a retrace on GBP pairs
baz
- #10,101
- Feb 16, 2010 12:00pm Feb 16, 2010 12:00pm
- Joined Dec 2007 | Status: Trader | 1,964 Posts
wait for Candle close....we should see a retrace on GBP pairs
baz
- #10,102
- Feb 16, 2010 12:08pm Feb 16, 2010 12:08pm
Hi Tony, John,Baz.
http://www.forexfactory.com/showpost...postcount=9967
I got cadlfx target 1 "on" for new
, and because on daily we can have bearish kind of harami ( hammer, doji star), I expect poll-back to S. at 1.72xx or deeper to S. at 1.6655.
Please see daily and weekly chart.
If weekly can close above 1.69xx ( it can does it next week perhaps),then we can see 1.74xx or I'm wrong again
.
What do you think ?
Regards.
Mac.
http://www.forexfactory.com/showpost...postcount=9967
I got cadlfx target 1 "on" for new
, and because on daily we can have bearish kind of harami ( hammer, doji star), I expect poll-back to S. at 1.72xx or deeper to S. at 1.6655.Please see daily and weekly chart.
If weekly can close above 1.69xx ( it can does it next week perhaps),then we can see 1.74xx or I'm wrong again
.What do you think ?
Regards.
Mac.
- #10,103
- Feb 16, 2010 12:14pm Feb 16, 2010 12:14pm
Hi Tony, John,Baz.
http://www.forexfactory.com/showpost...postcount=9967
Please see daily and weekly chart.
If weekly can close above 1.69xx ( it can does it next week perhaps),then we can see 1.74xx or I'm wrong again
What do you think ?
Regards.
Mac.
- #10,105
- Feb 16, 2010 1:16pm Feb 16, 2010 1:16pm
YES
wait for Candle close....we should see a retrace on GBP pairs
baz
I agree with you.
I stay in hope for GBPlfx bullish in two weeks
.http://www.forexfactory.com/showthre...31#post3437531
Please see daily and weekly chart.
There is room for downwards move to S. at 2.71xx , or perhaps my target 2 is not valid any longer, which means is done at 2.745x
.If yes , maybe we can smile in short term
.Hmm ..or I'm wrong.
Green pips for all of you.
Mac.
- #10,106
- Feb 16, 2010 1:33pm Feb 16, 2010 1:33pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
YES
wait for Candle close....we should see a retrace on GBP pairs
baz
I'm waiting for daily candle close, patient is the key.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,107
- Feb 16, 2010 1:40pm Feb 16, 2010 1:40pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Hi Tony, John,Baz.
http://www.forexfactory.com/showpost...postcount=9967
I got cadlfx target 1 "on" for new
Please see daily and weekly chart.
If weekly can close above 1.69xx ( it can does it next week perhaps),then we can see 1.74xx or I'm wrong again
What do you think ?
Regards.
Mac.
Yep, I see some retrace coming, take a look: Sort of bearish dark cloud cover, engulfing, I don't know exactly, but sellers @1.69 on Cad.
Attachment
Be careful with shorts Mac, 1.67 is pretty strong s/r, monthly candle is engulfing so far.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,108
- Feb 16, 2010 1:41pm Feb 16, 2010 1:41pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Hi Baz, John.
I agree with you.
I stay in hope for GBPlfx bullish in two weeks
http://www.forexfactory.com/showthre...31#post3437531
Please see daily and weekly chart.
There is room for downwards move to S. at 2.71xx , or perhaps my target 2 is not valid any longer, which means is done at 2.745x
If yes , maybe we can smile in short term
Hmm ..or I'm wrong.
Green pips for all of you.
Mac.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,109
- Feb 16, 2010 1:46pm Feb 16, 2010 1:46pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
So far so good, lock in profits now, free trade, I'm planning a swing trade on this, at least until 1.70 first, bullish hammer on weekly?
Attachment
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,111
- Feb 16, 2010 2:29pm Feb 16, 2010 2:29pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Be careful with shorts Mac, 1.67 is pretty strong s/r, monthly candle is engulfing so far.
Hi John.
Yes, I will.
I'm in touch witch it.
Great thanks John.
Mac.
I've made almost 1000+ pips on that, what do you think about going long?
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,112
- Feb 16, 2010 4:48pm Feb 16, 2010 4:48pm
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
That's what I'm long in EJ: Engulfing
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,113
- Feb 17, 2010 8:09am Feb 17, 2010 8:09am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Mac.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,115
- Feb 17, 2010 8:15am Feb 17, 2010 8:15am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Almost same pattern in Yen index: Note that 51.75 is strong s/r zone, a close above/below is very important to trade sushi.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #10,117
- Feb 17, 2010 11:33am Feb 17, 2010 11:33am
Nice, you're welcome! Look at this Mac
Attachment
Sorry for my late respond, but I went out of screen for a while
.Yep, as I said my buddy
.Congrats, patient is the best advisor.
Thanks for your great comments John.
Mac.
- #10,118
- Edited 1:43pm Feb 17, 2010 11:59am | Edited 1:43pm
[quote=JhonMonsalve;3472645]Mac! You have your top on the Loonie, check this 4h chart:
Hi John.
I like you to discus thinks with. To be honest I'm afraid this kind of "star".
There's no gap up, but gap down which make this star not shutting in my point of view and mostly confuse me.
I love to see shutting star on top or bottom TL, and then treat it as a valid importances of the star. However it looks like and it is "star" bat make me afraid.
See cadlfx chart from my broker under the arrow and candle next to it.
My stoch for new tells me there should be room to break TL or I'm wrong.
Mac.
Hi John.
I like you to discus thinks with
. To be honest I'm afraid this kind of "star".There's no gap up, but gap down which make this star not shutting in my point of view and mostly confuse me.
I love to see shutting star on top or bottom TL, and then treat it as a valid importances of the star. However it looks like and it is "star" bat make me afraid.
See cadlfx chart from my broker under the arrow and candle next to it.
My stoch for new tells me there should be room to break TL or I'm wrong
. Mac.
- #10,119
- Feb 18, 2010 5:51am Feb 18, 2010 5:51am
- 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."
- #10,120
- Feb 18, 2010 5:55am Feb 18, 2010 5:55am
- Joined Oct 2007 | Status: Take The A-Trade | 2,303 Posts
Mac! You have your top on the Loonie, check this 4h chart:
Hi John.
I like you to discus thinks with
There's no gap up, but gap down which make this star not shutting in my point of view and mostly confuse me.
I love to see shutting star on top or bottom TL, and then treat it as a valid importances of the star. However it looks like and it is "star" bat make me afraid.
See cadlfx chart from my broker under the arrow and candle next to it.
My stoch for new tells...
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."