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Daily candle chart

  • #13,121
  • May 8, 2012 12:26pm May 8, 2012 12:26pm
$ tested highs note did go higher
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx h4 8-5 2.gif Size: 15 KB
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  • #13,122
  • May 8, 2012 1:06pm May 8, 2012 1:06pm
Im thinking there is a tl at the gap ,only seems so obvious ,really Im trying for daily trade I think Ill wait ,

prob with tl now is D1 hammer must break

a nicer situ is down to Major rising then back to close
Attached Image (click to enlarge)
Click to Enlarge Name: eu 8-5 h4.gif Size: 21 KB
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  • #13,123
  • May 8, 2012 4:25pm May 8, 2012 4:25pm
closed by proxy not a gap expert but seems logical
Attached Image (click to enlarge)
Click to Enlarge Name: eur lfx h4 8-5 2 gap closed.gif Size: 32 KB
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  • #13,124
  • May 8, 2012 10:15pm May 8, 2012 10:15pm
Quoting Bones
closed by proxy not a gap expert but seems logical
Just me but I wouldn't put as much stock in the gap. Some of us don't have gaps on our charts. Not every broker turns their feed off all weekend if you know what I mean. The forex market is still active during that time not as liquid though but...
Do your time and enjoy the ride...
  • #13,125
  • May 9, 2012 12:29am May 9, 2012 12:29am
Intresting debate yes ,I have seen plenty say ,all I know from my experiance is gaps are respected ,and closed
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  • #13,126
  • May 9, 2012 2:57am May 9, 2012 2:57am
gbp usd H+S ?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd h4 9-5-12.gif Size: 19 KB
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  • #13,127
  • May 9, 2012 3:01am May 9, 2012 3:01am
usd up against it but daily broke to upside like close on h4 above that ,im looking at the monthly ,the open ,and feeling bullish that it will close bullish ,but early days
Attached Image (click to enlarge)
Click to Enlarge Name: lfx montly 9-5.gif Size: 16 KB
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  • #13,128
  • May 9, 2012 9:26am May 9, 2012 9:26am
Now good fortune ,do you believe in gaps ,is it enough for you ?

Please lots said about gaps ,trust your eyes

Eur is ready to show hand I think


Quoting Bones
closed by proxy not a gap expert but seems logical
Attached Image (click to enlarge)
Click to Enlarge Name: eur lfx 9-5-12.gif Size: 25 KB
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  • #13,129
  • May 9, 2012 10:13am May 9, 2012 10:13am
Tl supports ,but Im thinking very much that tl in danger
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Click to Enlarge Name: gbp lfx 9-5-12.gif Size: 18 KB
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  • #13,130
  • May 9, 2012 11:44am May 9, 2012 11:44am
Today is wed in high prob I think although at res now the target is to the top of the scary candle

Cable has rose up but I think thats to test break out thats all ,daily im thinking will be bearish
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx w1 9-5-12.gif Size: 13 KB
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  • #13,131
  • May 9, 2012 11:47am May 9, 2012 11:47am
cable in fact I feel is a low risk short right now or maybe h1 confirmatiion
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  • #13,132
  • May 9, 2012 11:52am May 9, 2012 11:52am
cable skimming my short ,my smallest postion ,but ill wait till d1 tells me Im wrong ,or even in next hour

looks bullish now
Attached Image (click to enlarge)
Click to Enlarge Name: cable 9-5-12 3.gif Size: 16 KB
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  • #13,133
  • May 9, 2012 11:55am May 9, 2012 11:55am
you can also see on gbp jpy ,poss low risk short
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  • #13,134
  • May 9, 2012 12:05pm May 9, 2012 12:05pm
Quoting hussin naiji
Calm before the storm 4 GBPUSD. LFX will show you a free fall in the next days
hi Tony
when was GBPUSD 6198 i have said we will see a free fall . we have seen 6065(125 pips) only.
in this time trade is very hard for GBPUSD i think the chart show a thing but you see other thing .
  • #13,135
  • May 9, 2012 12:09pm May 9, 2012 12:09pm
Quoting hussin naiji
hi Tony
when was GBPUSD 6198 i have said we will see a free fall . we have seen 6065(125 pips) only.
in this time trade is very hard for GBPUSD i think the chart show a thing but you see other thing .
Olympic Games=High demand for GBPUSD
  • #13,136
  • May 9, 2012 12:13pm May 9, 2012 12:13pm
Not bad to look at usdmxn
  • #13,137
  • May 9, 2012 12:15pm May 9, 2012 12:15pm
Quoting hussin naiji
Not bad to look at usdmxn
At this time, like a crone of the groom
  • #13,138
  • Edited 2:17pm May 9, 2012 2:04pm | Edited 2:17pm
Right Hussin ,I here that alot about the games ,I try to not let fundies cloud my judgement ,(if you say I believe )I will wait for close im mainly eur short and im happy with that ,
I may move to poition have a look around ,thanks Hussin


Quoting hussin naiji
hi Tony
when was GBPUSD 6198 i have said we will see a free fall . we have seen 6065(125 pips) only.
in this time trade is very hard for GBPUSD i think the chart show a thing but you see other thing .
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  • #13,139
  • May 9, 2012 2:06pm May 9, 2012 2:06pm
I will watch this candle to see where closes and gbp lfx
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  • #13,140
  • May 9, 2012 2:10pm May 9, 2012 2:10pm
I dont have this pair ,thanks Hussin


Quoting hussin naiji
At this time, like a crone of the groom
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