Hi Jhon ,hope things are going great ,I think we have a nice run up there
and eur ...under 2.3 nice to break early on
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
- #11,241
- May 6, 2011 5:23pm May 6, 2011 5:23pm
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- #11,242
- May 6, 2011 6:15pm May 6, 2011 6:15pm
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Hi Tony! I'm doing great amigo, I hope you too!, I hope Hussin is ok, and keep posting!
Nice BO, € under pressure, double top weekly € index, I'm not gonna be one of those traders who picking bottoms on Fiber next week, sell on rallies mode
Attachment
I see your Analysis...BUT lets see if this LEVEL ( Ressistance turned Support can be Broken )..
baz..
USD Spot.png
- #11,244
- May 7, 2011 3:10am May 7, 2011 3:10am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
- #11,245
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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On-site guru & also FF member's' psychiatrist, when not drinking tea
- #11,249
- May 7, 2011 9:26am May 7, 2011 9:26am
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- #11,250
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- #11,251
- May 7, 2011 2:19pm May 7, 2011 2:19pm
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- #11,252
- May 7, 2011 4:22pm May 7, 2011 4:22pm
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On-site guru & also FF member's' psychiatrist, when not drinking tea
- #11,253
- May 8, 2011 8:58am May 8, 2011 8:58am
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Yes Tony..the Weekly has done quite a bit of DAMAGE...and as we all see a BEEB on EURO and Cable...i think if Next week a LOW range BAR on weekly is seen or Consolidation..maybe the BULLS wont Give up the Fight Just Yet..
BUT the WEEKLY has really Moved DEEP into the APRIL Bar...who knows we may Post a MAY ENGULFING BAR..
I am biased SHORT TERM bearish..BUT like Jhon..only Consider on a RETRACE
its really Good to see you around..even if you post on a WeekEnd..it also can confirm what i see on the CANDLEs..
take Care
and a BIG HELLO to PETER (...
Hello baz, tony, jhon
I think movement in this thread is always indication, that something in the fx-market is going on.
Lets have a look, what I see in the charts. First usd/lfx and eur/lfx:
- #11,255
- May 8, 2011 9:31am May 8, 2011 9:31am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
a few days ago a wrote in a different thread here in FF about a doji line pattern for eur/usd. It is the second time in trading since 2007 that I see this pattern. It is pretty rare.
It is worth to read about this pattern from Mr. Steve Nison:
"The tri-star is very rare but a very significant reversal (!!) pattern.
The tri-star is formed by three doji lines. The middle doji is a doji
star (in this case, this is not a star, but nothing is perfect in forex).
....the most importend aspect of this pattern is that the lines should be
three dojis (or near Dojis)."
So, the knowledge to read candlesticks is pure money.
It is worth to read about this pattern from Mr. Steve Nison:
"The tri-star is very rare but a very significant reversal (!!) pattern.
The tri-star is formed by three doji lines. The middle doji is a doji
star (in this case, this is not a star, but nothing is perfect in forex).
....the most importend aspect of this pattern is that the lines should be
three dojis (or near Dojis)."
So, the knowledge to read candlesticks is pure money.
- #11,256
- May 8, 2011 9:46am May 8, 2011 9:46am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Doji Cross
See a morning doji star (confirmed) for usd/chf
http://www.candlesticker.com/Cs60.asp
- #11,257
- May 8, 2011 9:52am May 8, 2011 9:52am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
I also agree three black crow pattern for aud/lfx.
http://www.candlesticker.com/Cs74.asp
I wait for a harami on monday or 2 bulish candles, where the bodys are getting smaller, showing that the power of bulls are dimishing on tuesday or wednesday.
Of cause aud has fooled me in the last time
http://www.candlesticker.com/Cs74.asp
I wait for a harami on monday or 2 bulish candles, where the bodys are getting smaller, showing that the power of bulls are dimishing on tuesday or wednesday.
Of cause aud has fooled me in the last time
- #11,258
- May 8, 2011 10:02am May 8, 2011 10:02am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
I turned from neutral to bearish for the cad/lfx.
After news on friday, during US session, I went long for usd/cad. By this time usd/cad showed a bearish engulfing candle on my mobil, but by end of the session, we now see the power of bulls, which pushed price higher.
I doubt that the bulls are gone.
The weekly shows a bullish engulfing for usd/cad.
After news on friday, during US session, I went long for usd/cad. By this time usd/cad showed a bearish engulfing candle on my mobil, but by end of the session, we now see the power of bulls, which pushed price higher.
I doubt that the bulls are gone.
The weekly shows a bullish engulfing for usd/cad.
- #11,259
- Edited 4:26pm May 8, 2011 11:18am | Edited 4:26pm
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Hi ya Peter good to see you , I still think the eur is the top pick ,but chf must fall ,the weekly doji would have been nicer with a longer wick considering the move ,this is a 2 day chart , ...GBP-CHF also looks an interesting location
good to see you , I still think the eur is the top pick ,but chf must fall ,the weekly doji would have been nicer with a longer wick considering the move ,this is a 2 day chart , ...GBP-CHF also looks an interesting location I agree with analyses of weekly doji cross for chf/lfx. Most importend is, where it happend: At the upper part of the channel ! swiss franc is a short.
See a morning doji star (confirmed) for usd/chf
http://www.candlesticker.com/Cs60.asp
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #11,260
- May 8, 2011 11:32am May 8, 2011 11:32am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
lol your not the only one Peter ,you gotta love a strong trend...
I also agree three black crow pattern for aud/lfx.
http://www.candlesticker.com/Cs74.asp
I wait for a harami on monday or 2 bulish candles, where the bodys are getting smaller, showing that the power of bulls are dimishing on tuesday or wednesday.
Of cause aud has fooled me in the last time
On-site guru & also FF member's' psychiatrist, when not drinking tea