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AvanishDemo replied Feb 2, 2011Jarroo, Thick BUOB got closed above 1.51, it doesn't really look swing low..but happend at pullback...but prob is it got closed below 1.5150..S-R level..how to think about this...?
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AvanishDemo replied Feb 1, 2011On FxPro,the pinbar got closed above 1.51..im not taking this as it is now acting as a support..u see..bullish bar prior to it broke 1.51 and closed above..also sideways market! Im newbie so just MHO!! the zoomed in chart will make it more clear to ...
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AvanishDemo replied Feb 1, 2011ya i was aware abt the FTA at 0.96 though i didn't mention it...I guess i should have just asked abt monthly IPb.... unnecesarrily I'm making my own analysis..neways thanks..jus want to sharpen skills on IPb!!
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AvanishDemo replied Jan 31, 2011Hey Ghous, Its an USDCHF Chart... As it is there isn't much of movement in market when it nears the end of the day,so lets check the Monthly Chart... I see the IPb formation with a Bullish close @ 0.93(Swing Low)..its close to that level..but if u ...
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AvanishDemo replied Jan 30, 2011Yea Jarroo,I noticed that..also thanks for the previous reply .. I got it wt u meant by "this is critical" Good Trading!!

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AvanishDemo replied Jan 29, 2011HA,CLASSIC POST GHOUS!! I knew u would like EURAUD more than other 2..but needed ur knowledge just to knw wat makes those setups different..Thanks a lot man.. I'm wondering how come u gained so much abt the market,u just 1 year elder than me...but ...
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AvanishDemo replied Jan 28, 2011EURAUD: A Thick BEOB... 150 EMA, 61.8 fib on Daily n Weekly Chart.. GBPJPY: A Nice BEOB on Weekly Chart EURJPY:A nice "stand out" Pinbar on Weekly Chart getting rejected at 114,follows a Trend Line Ghous,u liking this?
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AvanishDemo replied Jan 28, 2011Hey Jarroo.. I think it will fall down ATLEAST till 1.27 as there has been a breakout from 1.27.. wats ur say?
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AvanishDemo replied Jan 28, 2011Hey Mike/Jarroo, Checkout this EURUSD Daily Chart... Initially its a strong Bullish momentum from 1.2878 n as u can see in yellow box,the Bars look as if they are running out of fuel,even today's bar(though yet to get over) doesn't seem to be moving ...
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AvanishDemo replied Jan 27, 2011Lol..dont be sorry abt my name..dats completely ok..
Thanks for that valuable info. buddy!james16 Chart Thread
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AvanishDemo replied Jan 27, 2011Well Namaste! Thanks for that explanation...it makes real sense.. but hey do u consider dat IPb adds to more confirmation of setup if it has lower low OR Higher High than previous bar..as i see some IPb(mentioned in this chart in yellow box) looks ...
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AvanishDemo replied Jan 27, 2011Hey Ghous, Is this a good IPb for u? Got Support at 0.94... It would be good if u explain me why u like it or dont like it Thanks! Good Trading!
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AvanishDemo replied Jan 25, 2011Hey Mike..is this a good BEOB for u?? actually,not much of consolidation and it looks swing high..but still need ur confirmation as I see bit of consolidation of previous bars!! Good Trading!!
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AvanishDemo replied Jan 25, 2011Dam..I took this trade and it just didn't triggered..missed it by 1 pip or let say 1 dot...a nice BUOB pattern @ 61.8 fib..though there was lot of traffic but i GUESS the strength of BUOB had enough potential to break it..
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AvanishDemo replied Jan 24, 2011EURCHF: Nice BEOB Formation but possible traffic area @ 38.2 fib or 1.2891 EURAUD: "MAYBE" BEOB Formation.looks good..still a time for it to have proper BEOB close.. Good Trading!!
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AvanishDemo replied Jan 23, 2011Great Stuff! Thanks Guys.. But hey..is it good to expect a bearish action at 1.54/61.8 fib as 5 bars hav already tried to break dat 1.54 but all the 5 bars got closed below 1.54 OR Will the force of 5 Bars that tried breaking 1.54 will lead to break ...
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AvanishDemo replied Jan 21, 2011Thanks Jarroo... And hey this BEOB at Swing High looks good which also looks like a DBHLC...got rejected at 1.54... looks Strong... any1 gng for dis?
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AvanishDemo replied Jan 20, 2011USDCAD — IPb and Inside Bar adds me to confusion... It looks like an IPb,also formed at Swing High.. Pls clear my doubt!
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AvanishDemo replied Jan 20, 2011Ya,thanks Mike and Osman..i was doubting the same too.. Good Trading!!
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