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Daily candle chart

  • #13,341
  • May 18, 2012 12:35pm May 18, 2012 12:35pm
patiently waiting for the weekly close.

NZD and AUD still falling.

GBP and USD doji

CHF and EUR - 4 days sideways

YEN still strong

CAD at bottom of range
  • #13,342
  • May 18, 2012 5:51pm May 18, 2012 5:51pm
Intrested to know your view on candles??
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  • #13,343
  • May 19, 2012 2:53am May 19, 2012 2:53am
appearance of this candle here we must see pullback
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx d1 18-5-12.gif Size: 17 KB
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  • #13,344
  • May 19, 2012 2:57am May 19, 2012 2:57am
general plan is buy first
Attached Image (click to enlarge)
Click to Enlarge Name: eu w1 ,19-5 week plan.gif Size: 20 KB
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  • #13,345
  • May 19, 2012 3:05am May 19, 2012 3:05am
I have read Eur well ,pullback ,shame I didnt close my eur cad short in time ,but glad I did the rest



Quoting Bones
Really doesn't want to go lower ,
Attached Image (click to enlarge)
Click to Enlarge Name: eur lfx d1 18-5-12.gif Size: 14 KB
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  • #13,346
  • Edited 3:22am May 19, 2012 3:08am | Edited 3:22am
I really dont like this weekly ,not sure if it will break but I will be looking for shorts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gold monthly 18-5-12.gif Size: 19 KB
Click to Enlarge Name: gold w1 19-5-12.gif Size: 23 KB
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  • #13,347
  • May 19, 2012 3:12am May 19, 2012 3:12am
clear really ,good clue for GBP
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp chf d1 ,18-5 2.gif Size: 17 KB
Click to Enlarge Name: gbp chf w1 ,18-5 2.gif Size: 18 KB
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  • #13,348
  • May 19, 2012 3:27am May 19, 2012 3:27am
not bullish
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd ,19-5 w1.gif Size: 16 KB
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  • #13,349
  • May 19, 2012 3:30am May 19, 2012 3:30am
really I dont think can be ,I will put stop over fridays ,but only look for sell
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd ,19-5 d1.gif Size: 17 KB
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  • #13,350
  • May 19, 2012 3:32am May 19, 2012 3:32am
poss 500 pips south
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  • #13,351
  • May 19, 2012 3:36am May 19, 2012 3:36am
bearish
Attached Image (click to enlarge)
Click to Enlarge Name: gbp lfx d1 18-5-12.gif Size: 16 KB
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  • #13,352
  • May 19, 2012 3:41am May 19, 2012 3:41am
Tl touch = nice


Quoting Bones
1.6900 ,tl ,+ bottom of bearish candle +close to top of last year ,just dont want to fall ,
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  • #13,353
  • May 19, 2012 4:09am May 19, 2012 4:09am
Yes I see it closed right on it but south big time



Quoting geniusztc
hey,bones ,congrats. but dont you think we meet some support here ?

edit: or we have breaken the support ?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp jpy ,19-5 w1.jpg Size: 95 KB
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  • #13,354
  • May 19, 2012 12:09pm May 19, 2012 12:09pm
Quoting cohiba pips
the 161.8 fib is around 1.26 thats the target mate
we've been looking ok so daily held at 1.26486 and a bullish candle to boot off it so a rise to 1.30829 area should be expected but theres a big difference between now and jan we have new resistance its also the floor off the descending triangle we spoke about 1.3 but thats the max imo as we can see on the monthly there is a bigger descending and now the floor is 1.26 area with an ext below for targets its never easy predicting speculating what the market will do this goes without saying but waiting for a move to develop is key which means waiting probably one off the hardest factors in trading so candles and price are key

gl mate
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu daily fib ext 130512.gif Size: 24 KB
Click to Enlarge Name: eu daily fib ext 160512.gif Size: 24 KB
Click to Enlarge Name: eu 4hr gap and target 190512.gif Size: 14 KB
Click to Enlarge Name: eu decending monthly.gif Size: 17 KB
  • #13,355
  • May 19, 2012 12:14pm May 19, 2012 12:14pm
right there James ,the whole point is unpredictable ,but I think the same ,lots of res at 1.3 ,break out point

Are you Irish ?
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  • #13,356
  • May 19, 2012 12:18pm May 19, 2012 12:18pm
Quoting Bones
right there James ,the whole point is unpredictable ,but I think the same ,lots of res at 1.3 ,break out point

Are you Irish ?
sometimes
  • #13,357
  • May 19, 2012 12:22pm May 19, 2012 12:22pm
Oh right just your sig "slainte"
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  • #13,358
  • May 20, 2012 2:22pm May 20, 2012 2:22pm
Im hoping bearish in neck nice location ill admit watchng open
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp usd w1 20-5.png Size: 37 KB
Click to Enlarge Name: gbp usd d1 20-5-12 bearish in neck use 2.png Size: 26 KB
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  • #13,359
  • May 20, 2012 2:43pm May 20, 2012 2:43pm
Quoting Bones
Im hoping bearish in neck nice location ill admit watchng open
i prefer Euro WEEKLY candle.. Suggests More SELLING is possible...

baz


http://www.forexfactory.com/attachme...1&d=1337542963
Attached Image (click to enlarge)
Click to Enlarge Name: USD Spot.png Size: 13 KB
  • #13,360
  • May 20, 2012 2:54pm May 20, 2012 2:54pm
I am long
Attached Image (click to enlarge)
Click to Enlarge Name: eur gbp w1 20-5 real hammer.png Size: 25 KB
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