Location is very important in trading, check the sushi index, is on range mode between 51.75 and 50, I see a Bullish Piercing Line in Weekly charts, it looks like this week short the sushi is the way to go.
Attachment
am also picking bottom on GBPUSD but will do once price action fufil the structure below to give bullish crown entry
weldone bro
hi guys i am long USD/CAD at the support zone. price found 3 times in a row support at this level.
Wish me luck, I'm picking bottoms in GCad, look: 4h Doji on Cad + 4h Harami on Gbp
Cad 4h: Doji
Attachment
Gbp 4h: Harami
Attachment
dont forget your daily candlestick analysis hence the thread name
Now is moving nicely, I hope you all are catching nice pips, be careful on GCad pair, is pretty volatile, and is a CT trade. My entry was @1.532, I'm lock in profits, this trade have many potential if we have a candlestick pattern reversal in weekly CAD index.
Attachment
Short the sushi is the way to go, like I've posted earlier this week, check the daily chart: Bullish Engulfing [It's powerful because engulf two candles = buyers]. Target around the holy 51.75, let's see if we can break it down this time.
Attachment
Be careful shorting the Yen pairs!
First time this week that I've seen buyers in the pound. After two black crows, we can see a Bullish Hammer [?] in Gbp index, I think so, because closed above 1.64 and prior candle low [wick]
Attachment
On Geppy I see a Tweezers Bottom Harami [Bullish] [Like I've posted in the prior post about Yen weakness]
Attachment
Cable daily candle is hammer too.
Now is moving nicely, I hope you all are catching nice pips, be careful on GCad pair, is pretty volatile, and is a CT trade. My entry was @1.532, I'm lock in profits, this trade have many potential if we have a candlestick pattern reversal in weekly CAD index.
Attachment
The $ is tricky, but I'll keep my short bias on $ until I see a candle close above 1.78, so, the target remains the same: 1.74 [first]
Bearish Shooting Star Harami:
Attachment
, are we there yet?
I really appreciate your effort here jhon!
Nice work done by engulfing so far, bullish continuation, we could test 51.75 this weekend or even close above that res.
Attachment
Now bullish mode is on, confirmation candle on GBP index, after hammer + double bottom:
Attachment
2.67 is on the cards, so, Yen @51.75 * GBP @2.67 = GJ @138.xx
I'm targeting 1.39 for Geppy, let's see.
This trade is highly risky but R:R is great, look, GBP is on bullish mode, check now CAD index: Hanging Man, looks toppy for me, on weekly charts too.
http://www.forexfactory.com/showpost...ostcount=10257
Attachment
Weekly chart: I'll be watching weekly candle close.
Attachment
Resume: GBP @2.67 / CAD @1.71 = GCad @1.57, great R:R SL 100 pips, TP 250+ pips
Chart GCad:
Attachment
Don't try to play with me $
Attachment
Target remains the same: 1.74, so, Cable target could be 2.67/1.74 = 1.53xx
Pretty logical for me, Nice! [Nothing is 100% sure]
Look: Cable daily
Attachment
Trade your charts.
Don't try to play with me $
Attachment
Target remains the same: 1.74, so, Cable target could be 2.67/1.74 = 1.53xx
Pretty logical for me, Nice! [Nothing is 100% sure]
Look: Cable daily
Attachment
Trade your charts.
