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  • #1,481
  • Oct 28, 2013 4:26am Oct 28, 2013 4:26am
AUDNZD up-date..the P reached the RM'R as the main TG !


Attached Image (click to enlarge)
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IRM tells me to put in practice what we are studying in this thread:
W-is in RM with the P that close exactly at our very important level 27.14
D-PTT&TTP I will wait for the P to close above 27.14+RET+buyers confirmation in order to push the P higher to 29 in confluence with the bearish TL as dynamic RM's R !

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Nothing personal,just business
  • #1,482
  • Oct 29, 2013 9:13am Oct 29, 2013 9:13am
EURAUD on my radar...overall bullish trend with the P in bullish flag as continuation information !
The 2 WPB gives us a strong bullish information...I will wait for the P to CLOSE above the 1.45+RET+buyers confirmation !
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Nothing personal,just business
  • #1,483
  • Oct 30, 2013 3:26pm Oct 30, 2013 3:26pm
GBPNZD The price is at the middle of the range. I wait until the monthly close, and some action on the daily chart.
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  • #1,484
  • Oct 30, 2013 3:35pm Oct 30, 2013 3:35pm
AUDCAD Weekly is in my radar...
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  • #1,485
  • Oct 30, 2013 3:39pm Oct 30, 2013 3:39pm
And the GBPAUD, when the Monthly closc, it can be a trendreversal pattern.
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  • #1,486
  • Oct 31, 2013 9:23am Oct 31, 2013 9:23am
EURAUD Weekly & AUDUSD Weekly.

Attached Image


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Be like water.
  • #1,487
  • Nov 3, 2013 10:53am Nov 3, 2013 10:53am
Quoting Dariusz
AUDUSD WPD+WPG - W+D price reached support, now we have to wait for confirmation if break support or buyers start to buy. {image}
AUDUSD _M

WPD+WPG

Price broke previous support and now heading toward next TG support at 0.93283.

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  • #1,488
  • Nov 3, 2013 12:07pm Nov 3, 2013 12:07pm
USDJPY_D

WPD+WPG - S/R
PB at S.

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  • #1,489
  • Nov 4, 2013 12:26pm Nov 4, 2013 12:26pm
Quoting Dariusz
USDJPY_D WPD+WPG - S/R PB at S. {image}
The P is stuck within the triangle and untill it doesn't close out of it this pair is untouchable !...more the P is getting close to the triangle's apex=more volatility we will see and the dojies become the predominant candle inside the pattern !
Nothing personal,just business
  • #1,490
  • Nov 4, 2013 12:58pm Nov 4, 2013 12:58pm
I agree with USDJPY, look at the similar situation in EURJPY ( pic shows W ).

Some years ago I took intraday trades inside this apex, now having fxgroup`s approach we can wait for confirmation.

Good trading to all.

Mike

P.S.
Dariusz = very interesting charts sequence on AUDUSD, thank you !

Attached Image (click to enlarge)
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Be like water.
  • #1,491
  • Nov 4, 2013 3:38pm Nov 4, 2013 3:38pm
Hello guys,

Haven't been here for a while. What do you think about GBPNZD:

W+M WPD: RM, WC above WS + W PB at S (W bullish sign)
D WPD: D PB at WS (D bullish sign)

WPG: To the top of RM
Attached Image(s) (click to enlarge)
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  • #1,492
  • Nov 4, 2013 8:04pm Nov 4, 2013 8:04pm
Quoting fxgroup
{quote} The P is stuck within the triangle and untill it doesn't close out of it this pair is untouchable !...more the P is getting close to the triangle's apex=more volatility we will see and the dojies become the predominant candle inside the pattern !

I think the same, 100 is an important level. I am ready to trade the retracment. (or the break out)
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  • #1,493
  • Nov 4, 2013 8:15pm Nov 4, 2013 8:15pm
Quoting M_k
Hello guys, Haven't been here for a while. What do you think about GBPNZD: W+M WPD: RM, WC above WS + W PB at S (W bullish sign) D WPD: D PB at WS (D bullish sign) WPG: To the top of RM {image} {image}

Yes the weekly shows bullish, but what can you win now? Some pips when you reach the middle of the range. Wait to close abow and trade the retracement.
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  • #1,494
  • Nov 5, 2013 5:10am Nov 5, 2013 5:10am
Quoting M_k
Hello guys, Haven't been here for a while. What do you think about GBPNZD: W+M WPD: RM, WC above WS + W PB at S (W bullish sign) D WPD: D PB at WS (D bullish sign) WPG: To the top of RM
Hi M_k

GBPNZD is in a RM that I like it a lot with clear S+R levels and a very well difined middle level...these are the levels I will look for further informations and PA confirmations !
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Nothing personal,just business
  • #1,495
  • Nov 6, 2013 8:22am Nov 6, 2013 8:22am
BXP

The P is in RM with 112.11 as R , 88.28 as S and 99.19 as middle level .
My PTT&TTP is waiting for a close below the middle level+RET+its confirmation as R in order to push the P lower to 88.28.
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Nothing personal,just business
  • #1,496
  • Nov 7, 2013 2:03pm Nov 7, 2013 2:03pm
Hi fxgroup, I have a question. When do you move your stop in breakeven?
  • #1,497
  • Nov 9, 2013 1:42pm Nov 9, 2013 1:42pm
have'nt been here for a while. gbpusd is in the top of range. waiting to see if 1.6 will hold and the price will be pushed to the downside. or... 1.6 will serve as a support. note the upper monthly trendline
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trading is not an addiction. it's a profession.
  • #1,498
  • Nov 9, 2013 2:02pm Nov 9, 2013 2:02pm
AUDJPY Monthly

This is an update to previous charts of this pair, posted by fxgroup and dfumagalli ( where is he, we miss him ! ).

It seems difficult to expect real buyers making another run higher above 93.00, or even 95.00.

But we will have to wait patiently.

Good trading to all !

Michael

Attached Image (click to enlarge)
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Be like water.
  • #1,499
  • Nov 9, 2013 2:14pm Nov 9, 2013 2:14pm
USDCHF Daily.

Interesting, as this wick in the upmove was the reverse of EURUSD.

Here the spike is not a rejection of the resistance level, but more something like a " sweeping of the order book ", which means that the next candle will go into the direction of the spike - see similar price behaviour with so-called inverted pinbars, before a subsequent rise.....etc.

Michael

Attached Image (click to enlarge)
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Be like water.
  • #1,500
  • Nov 9, 2013 3:28pm Nov 9, 2013 3:28pm
AUDCAD Weekly.

P has not reached and closed above the 50% retracement level of this whole down move. I will wait patiently for further W + D confirmation of bearish price behaviour.


Mike

Attached Image (click to enlarge)
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Be like water.
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