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  • #1,041
  • Jul 26, 2011 6:25am Jul 26, 2011 6:25am
Do you mean Dark CLoud Cover by "DCC"?
Quoting T@rantula
DCC on EU h4.

Attachment
  • #1,042
  • Jul 26, 2011 6:27am Jul 26, 2011 6:27am
Quoting BrunargarFx
Do you mean Dark CLoud Cover by "DCC"?
Yes mate, he did.
  • #1,043
  • Jul 26, 2011 6:27am Jul 26, 2011 6:27am
Quoting BrunargarFx
Do you mean Dark CLoud Cover by "DCC"?
Yes exactly.
  • #1,044
  • Jul 26, 2011 6:32am Jul 26, 2011 6:32am
I see it now - honestly - well spotted.
are u considering shorts now?
Quoting T@rantula
Yes exactly.
  • #1,045
  • Jul 26, 2011 6:40am Jul 26, 2011 6:40am
Quoting T@rantula
DCC on EU h4.

Attachment
What is wrong with my chart? Looks like H4 TF close is sooner than yours of something? does it depends on time zone or something?

No DCC here, hanging man instead.


Cheers,
Seb
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd - h4 wtf.jpg Size: 134 KB
  • #1,046
  • Jul 26, 2011 6:44am Jul 26, 2011 6:44am
Quoting T@rantula
Yes exactly.
Not a big one though, closed even in the upper third of previous body. Maybe not a good idea to put much significance into it prior to important news releases?
Don't get mad, get even!
  • #1,047
  • Jul 26, 2011 6:45am Jul 26, 2011 6:45am
I had a closer look at H4.
It's not a hanging man as I have a small tail at the top.
I'm not familiar with DCC so I checked the definition. There is the need to have a gap up (which we don't appear to have) at the top of the bearish candle.
So not sure.
I did not take my trade at 1.4485. Flat atm, will wait for the news and NY open now.
No clear direction and I'm still expecting a retest of 1.4465
  • #1,048
  • Jul 26, 2011 6:46am Jul 26, 2011 6:46am
Quoting Flynchenberg
What is wrong with my chart? Looks like H4 TF close is sooner than yours of something? does it depends on time zone or something?

No DCC here, hanging man instead.


Cheers,
Seb
Of course, brokers server time opens and closes all higher tf candles. H1 and lower are same with everyone.
Don't get mad, get even!
  • #1,049
  • Jul 26, 2011 6:55am Jul 26, 2011 6:55am
Quoting stulic
Of course, brokers server time opens and closes all higher tf candles. H1 and lower are same with everyone.
LOL, so I was thinking in good direction

Thx mate,


Seb
  • #1,050
  • Jul 26, 2011 7:14am Jul 26, 2011 7:14am
Quoting Flynchenberg
What is wrong with my chart? Looks like H4 TF close is sooner than yours of something? does it depends on time zone or something?

No DCC here, hanging man instead.


Cheers,
Seb
Its doji star, or gravestone doji, something between that and shooting star.
Anyway its a SPIKE candle, pinbar ... so defo a bearish sign.

hmm, maybe it GMT difference. My broker is London time based. Many brokers different GMT feeds.
  • #1,051
  • Jul 26, 2011 7:19am Jul 26, 2011 7:19am
Quoting stulic
Not a big one though, closed even in the upper third of previous body. Maybe not a good idea to put much significance into it prior to important news releases?
Scalping small on short side. All trades are closed 1/2 and BE
  • #1,052
  • Jul 26, 2011 7:21am Jul 26, 2011 7:21am
Looks like H&S forming on M30 (better seen on M15) with neckline around 1.4465 - 1.4468
- Gold still hasn't recovered from this morning.
- USDX at a standstill,

so definitely waiting for the news for a move either way.
  • #1,053
  • Jul 26, 2011 7:40am Jul 26, 2011 7:40am
Cable at a crucial level.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cable26072.gif Size: 23 KB
Click to Enlarge Name: cable26073.gif Size: 24 KB
Don't get mad, get even!
  • #1,054
  • Jul 26, 2011 7:45am Jul 26, 2011 7:45am
Quoting T@rantula
Its doji star, or gravestone doji, something between that and shooting star.
Anyway its a SPIKE candle, pinbar ... so defo a bearish sign.

hmm, maybe it GMT difference. My broker is London time based. Many brokers different GMT feeds.
Yes, it is a gravestone doji, I was looking at wrong chart LOL


Seb
  • #1,055
  • Jul 26, 2011 7:48am Jul 26, 2011 7:48am
Cable
Double top on m15

trying a short
10 s/l
Attached Image (click to enlarge)
Click to Enlarge Name: gu03.jpg Size: 73 KB
I'm indeed a talking panda. How are you?
  • #1,056
  • Jul 26, 2011 7:53am Jul 26, 2011 7:53am
Quoting Pandamonium
Cable
Double top on m15

trying a short
10 s/l
Yes worth the try.
  • #1,057
  • Jul 26, 2011 7:59am Jul 26, 2011 7:59am
Quoting Pandamonium
Cable
Double top on m15

trying a short
10 s/l

as target I will use my "counter fiber method"
Attached Image
I'm indeed a talking panda. How are you?
  • #1,058
  • Jul 26, 2011 8:05am Jul 26, 2011 8:05am
H1 short trade

E: 6410
S/L: 6433
TP 6360 ( or manual)

Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 47 KB
  • #1,059
  • Jul 26, 2011 8:14am Jul 26, 2011 8:14am
Quoting T@rantula
H1 short trade

E: 6410
S/L: 6433
TP 6360 ( or manual)

Attachment
  • #1,060
  • Jul 26, 2011 8:17am Jul 26, 2011 8:17am
Nice one
Don't get mad, get even!
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