DislikedOn my data it is definitely a Bond Hammer and the more I look the more I want confirmation before I get out my wallet.Ignored
Have you entry long trade USDCAD? Can you tell me about your confirmation USDCAD?
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DislikedOn my data it is definitely a Bond Hammer and the more I look the more I want confirmation before I get out my wallet.Ignored
DislikedStrat,
this is certainly a crossroads? Since you posted your chart the TL and 50% Fib have been broken to the upside. The 20ema has crossed the 50sma and the immediate Boss trend is up? I am waiting to see what the Boss tells us at the 20ema. From what I have learnt so far is to sit back and watch this after the New York close for direction and the all important PA and confirmation given by any confluence.
Hope I'm on the right track?Ignored
DislikedMy first post on Strat’ thread and actually my first post on FF. I am been following FF since 2008… I have read and try to understand the 100 pages. PASR opened my eyes about key success factors in trading Forex.
Strat and his experienced traders are doing a tremendous job by helping other traders. So generous!
Once I am ready, I will post my first monthly/weekly/daily assessment on relevant pairs.
I am targeting October 10 for value added posts.
Voilà and all the best from Paris.Ignored
DislikedThis is my first post after months of serious reading and understanding of this thread. So pls pardon me if I were to say something irrelavant..ahaha..
I would like to thank Strat and everyone for starting this thread and keeping it alive..
Gpd/Aud is worth watching imo as price is near support with confluence of UTL and 61.8 fib.. But it's also stuck in a range and coil. So we have to wait and see what happens next...Ignored
DislikedSTRAT,
Have you entry long trade USDCAD? Can you tell me about your confirmation USDCAD?Ignored
DislikedBig Boss bounced of resistance 115 last 2 months. Even if the July candle is a BUEB i feel that the immediate trend is bearish.
Boss is at BB resistance of 115, fib 38.2% and 20 ema is also coming down to enforce the R there. I dont know what to say about the Boss other than is loosing bullish momentum as it approaches major resistance. Doji + IB + IB break below.
Worker: Price broke through the demand DSRI. Yesterday BEEB closed strong and lower than the last 10 days.
I put a sell order 10 pips under yesterday's low and the SL above the worker...Ignored
DislikedBig Boss bounced of resistance 115 last 2 months. Even if the July candle is a BUEB i feel that the immediate trend is bearish.
Boss is at BB resistance of 115, fib 38.2% and 20 ema is also coming down to enforce the R there. I dont know what to say about the Boss other than is loosing bullish momentum as it approaches major resistance. Doji + IB + IB break below.
Worker: Price broke through the demand DSRI. Yesterday BEEB closed strong and lower than the last 10 days.
I put a sell order 10 pips under yesterday's low and the SL above the...Ignored
DislikedI wouldn't go short until there was a strong close below the Worker Up TL.Ignored
DislikedAre you saying this because the price is below the 61.8% retrace from the last huge swing up? I saw swings that reacted at 78.6 and even 88.6 fibo levels.
That TL was giving me doubts last night but I decided to put my sell order because having a strong close on my chart at NY's close, my Sell would be activated if during the asian session Euro would continue to go down. The worker PA was not perfect but from my experience it had a very high rate of success.
Btw, how does yesterdays candle look on your chart. I'm guessing that it did close lower...Ignored
DislikedI don't quite understand the expression "triple pip" although I've seen it used on the thread.
I've split my position in 3. 1st third is closed already at 110.90 which gave me around 0.3R profit. The TP was calculated based on ATR(10). I moved the stops of the remaining positions closer to BE above the Worker TL. 2nd third has a TP at 108 and the last third has no TP.
At NY close i will see how it looks maybe i can move my stops to BE.Ignored
DislikedIf you only did one triple pip trade per week, you would be in "heaven".Ignored
DislikedSeems that my wait is over and I can take my chance at picking the bottom. Its 3 hours until bar close, but right now chart is telling me that my wait is over and is giving me exactly what I wanted it to give me.
If charts don't change much in next 3 hours I'm taking a long position at 85.60 with stop loss at 84.60Ignored
DislikedSeems that my wait is over and I can take my chance at picking the bottom. Its 3 hours until bar close, but right now chart is telling me that my wait is over and is giving me exactly what I wanted it to give me.
If charts don't change much in next 3 hours I'm taking a long position at 85.60 with stop loss at 84.60Ignored
Disliked
If charts don't change much in next 3 hours I'm taking a long position at 85.60 with stop loss at 84.60Ignored
DislikedAre you basing your action solely on the hammer forming to think that this signalling a change in trend? The boss is showing nothing but a downtrend and both the 20ema & 50sma are poiting down.
Could this not be a bond bar and without any confirmation this seems high risk and there are many reasons not to go long or am I missing something and have to start on the path again as I am about half way through the thread?Ignored
DislikedWhy bottom picking? Why don't you wait too see if Big Boss and Boss turn up first? Right now (even if the worker puts a hammer today) BB & B are very bearish with no sign that they are turning up.
The bearish momentum is still strong. If the price will go up then it will meet 20 ema around 86.2. If you look at how price reacted at 20 ema you will see that its a resistance respected by the price. I would wait.Ignored