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Daily candle chart

  • #11,281
  • May 11, 2011 3:34pm May 11, 2011 3:34pm
Hi Baz ,with a 170 pip wick I think we should go lower
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd d1 11-5-2011.gif Size: 16 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #11,282
  • May 11, 2011 4:16pm May 11, 2011 4:16pm
Hi tony, baz

with high hopes this is not a short term correction, maybe a longerterm, lets see (~30 weeks).

I go for a 14 day holiday on saturday, and let my trades run.... Awaiting a bounce aud/usd around ~ 1.0, but weekly equilibrium is around 0.94, monthly at 0.79 (!). Equilibrum is, where price is at balance, price is not in bear, not in bull land. You see how far overbought aud/usd is.

I like the idea for lfx/jpy going bearish (up in the charts), espacially
the long awaited turn for usd/jpy (up).

Notice missing wick at the daily lfx/jpy, maybe inverted hammer or white opening marobozu.

green pips to you all.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: usdjpy4gif.gif Size: 12 KB
  • #11,283
  • May 11, 2011 4:24pm May 11, 2011 4:24pm
greedy ? No
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  • #11,284
  • May 11, 2011 4:50pm May 11, 2011 4:50pm
Quoting Bones
Hi Baz ,with a 170 pip wick I think we should go lower
Just a shame ,i did not get a trigger on 4 hr TF...it retraced 50% fibo...of Last weeks Range..and just tanked..
King said UK in bad shape..BUT also concerned about Inflation...personally ,i think UK not ready for a RATE HIKE...neither was EUROLAND
  • #11,285
  • May 12, 2011 6:07am May 12, 2011 6:07am
$ touched 1.6150 ,im not around today so im out there ,lots of news coming up
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #11,286
  • May 12, 2011 6:09am May 12, 2011 6:09am
Also eur on target


Quoting Bones
depending on close
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #11,287
  • May 12, 2011 9:17am May 12, 2011 9:17am
Bro, I'm very delighted see you make this thread avtive. Carry on bro....I'm believe Hussin Naji will appreciate it.



Quoting Bones
$ touched 1.6150 ,im not around today so im out there ,lots of news coming up
  • #11,288
  • May 12, 2011 4:36pm May 12, 2011 4:36pm
wow thats a really nice post Pandora ...thanks

Quoting PandoraBox
Bro, I'm very delighted see you make this thread avtive. Carry on bro....I'm believe Hussin Naji will appreciate it.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #11,289
  • May 12, 2011 4:45pm May 12, 2011 4:45pm
Exact


Quoting Bones
Now can we take out high ?maybe not today but channel looks good I think
Attached Image (click to enlarge)
Click to Enlarge Name: usd h412 -5-.gif Size: 22 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #11,290
  • May 12, 2011 5:00pm May 12, 2011 5:00pm
Very close,no d1 crow which would have been nicer ,seems really hard to spot and get right like Hussin

Quoting Bones
and eur ...under 2.3 nice to break early on
Attached Image (click to enlarge)
Click to Enlarge Name: eur lfx h412 -5-.gif Size: 14 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #11,291
  • May 12, 2011 5:16pm May 12, 2011 5:16pm
The problem I think with predicting the 3rd crow is the sharp sell off from last few bullish months ,the time is not right for that
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #11,292
  • May 12, 2011 5:30pm May 12, 2011 5:30pm
Happy birthday for tomorrow Baz 30 min to go
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #11,293
  • May 12, 2011 6:15pm May 12, 2011 6:15pm
good trading
Attached Image
  • #11,294
  • May 12, 2011 6:20pm May 12, 2011 6:20pm
Quoting PandoraBox
Bro, I'm very delighted see you make this thread avtive. Carry on bro....I'm believe Hussin Naji will appreciate it.
wheres hussin anyway?
Hero calls followed by margin calls...
  • #11,295
  • May 12, 2011 7:06pm May 12, 2011 7:06pm
Quoting PhAnTi'
wheres hussin anyway?
Iran banned forex in the country so we may not see much of him.
Don't chase the market, Let the market come to you
  • #11,296
  • May 13, 2011 3:42am May 13, 2011 3:42am
Quoting Bones
Happy birthday for tomorrow Baz 30 min to go

and you as well mate..at my age ..i tend to want to forget...BUT have a great day ..and promise NO MORE KIDs !!!!....

baz
  • #11,297
  • May 13, 2011 3:48am May 13, 2011 3:48am
Quoting baz
and you as well mate..at my age ..i tend to want to forget...BUT have a great day ..and promise NO MORE KIDs !!!!....

baz
happy birthday !
Hero calls followed by margin calls...
  • #11,298
  • May 13, 2011 4:21am May 13, 2011 4:21am
lol yea I tend to try to forget ,no no more kids for me !!
it affects my trading time

Quoting baz
and you as well mate..at my age ..i tend to want to forget...BUT have a great day ..and promise NO MORE KIDs !!!!....

baz
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #11,299
  • May 13, 2011 7:08am May 13, 2011 7:08am
Quoting Bones
lol yea I tend to try to forget ,no no more kids for me !!
it affects my trading time
Happy Birthday Baz and Tony..wish u both many more happy returns of the day!!! god bless yah both..

2 great guys sharing the same birthday..gotta be a good sign
  • #11,300
  • May 13, 2011 7:11am May 13, 2011 7:11am
Quoting Tmac
Iran banned forex in the country so we may not see much of him.
yur joking..banned forex
damn that would be enough to make me move

A person of his talent should be allowed to persue it!!!!!!
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