I must say, I have no clear picture for over all. We have seen this nice drop for the usd/lfx and parallel this jump in the us stock market. The dow has broken into the weekly cloud. Will it stay there ? But to have the bigger picture, we must see ...

Peaches`s trading log

Not only the 4 h target line, also the daily target line. And now look where the weekly TD target is.... But honestly: I use TD target for >1 year as confluience for Support and resistance. Sometimes they work, sometimes they don´t. ...

The WoRmHoLe

But geppy:

Peaches`s trading log

It is now secret, that I use the TNX (ten year treasury note) as a proxy for moves of the yen-currencys during US session. On the weekly it is moving above the cloud, but we have seen last week a bearish weekly candle after this hanging man. On the ...

Peaches`s trading log

Hi satni, nice you have become comfortabely with ichimoku trading. But as sayed before, it works best in a trend I have a subaccount where I trade microlots with ichimoku system, so Iám also "testing". Last week I have had some trades, which ...

Peaches`s trading log

I agree, that from point of candlestick pattern, this is a hanging man. But differenze between good hanging man, and not that good hanging man is color of candle. Good hanging man would have a red body, not that good would be a green body. pin bars ...

Daily candle chart

I see eur/usd bullish for on or 2 trading days, but I see range form longer term... This is because eur/lfx is bearish, but usd/lfx is bearish too.

Daily candle chart

Yes tony, but question is, when is a pattern reliable, and when not. For example aud/usd bearish engulfing candle: Mr. Thomas N. Bulkowski gives in his book "Encyclopedia of Candlestick Charts" the propability for a bearish engulfing candle in a ...

Daily candle chart

hi Baz If usd will go sideway, thats no problem, because gbp/lfx will have a lift off. As hussin said: double top is minimum, I vote for trendline break

Daily candle chart

usd/jpy a few hours later: normaly I don´t trade usd/jpy, but this was to tempting:

Daily candle chart

a few hours later for cad/lfx..... break of this BIG BIG trendline. On 1 h chart, you see retest of this trendline. Now fly cad, fly cad up, means usd

Daily candle chart

We have seen this tri star pattern on the TNX last days, which is a good pattern for reverse and down the TNX. url BUT what a surprise yesterday, the TNX was NOT dropping that much. I`am speculating on a bullish TNX during us session today. This ...

Daily candle chart

this weekend will be very interisting analyses for the monthly candle

Daily candle chart

one and half trading day for geppy: - hanging man, - doji or - so called "pin bar" at month end ?

Daily candle chart

I think most importend in candlestick trading is to know why candlestick pattern appear, and seperate the bad from the good/true pattern. Lets have a look at the cad/lfx and usd plus dow jones for example. The cad/lfx is running into a resistance ...

Daily candle chart

Nice holiday for you When you come back, watch eur/lfx monthly candle. Hussin was right .... again

Daily candle chart

I will have a look on that, thanks for the hint

Daily candle chart

Tony, me too. During July we have seen on most crosses a sideway market. one day up, 2 days down, 2 day up, one day down etc. I have no clue, which system or method is working in a sideway/ranging market. Monthly candles will point the ...

Daily candle chart

did not notice this. very good But have you had a look at the TNX?: http://stockcharts.com/h-sc/ui?s=$TNX A clear bull candle on the tnx would be nice, to destroy this 2 dojis

Cable Update (GBPUSD)

Tony, zoom out daily cad/lfx and draw trendline. We see yesterday rising volume at this trendline, this is indication for breaking this trendline, because there is interest to move higher. cad/lfx up = usd/lfx down. I mean much more down ...

Cable Update (GBPUSD)