The upper and the lower bands on the weekly are strongly separated. And so it's difficult for the bears to take over from the bulls

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No. The other conditions are not met: 1. It must be on ranging/sideways market. The daily and the weekly had been trending strongly. We can't go short now. 2. The weekly is not even near the middle band, let alone closing below the middle band.

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Hi Kraven, still on the CHFJPY the bulls are still in control on the weekly, but the daily is forming Bollinger Bands Squeeze. Traders are closing their positions on the pair to collect their profits and they're staying on the sideline. There is ...

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I have closed my CADCHF long position and am on the sideline on the pair. I wanted to use a sell stop, pending order. I decided to stay away now.

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Weekly Stochastic is already leaving the overbought region. The daily is on 20 and so no clear new signal yet

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There are already resistance nearby. If the weekly is able to close above the resistance, while Stochastic is oversold. The weekly was not able yet.

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Thank you for joining us here. As you already known the main reason of this thread is to catch trend at the beginning. It's late now to join. We can get in/join if another trade setup- continuation setup is formed and it's strong. Also we can use ...

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I wish to update you on this pair later when market has closed

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Tweezers Top

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Small profit better than none

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I though the daily strong hammer was ready to break the weekly resistance.

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This pair is forming Tweezers Top. They move accordingly. If it ends like this at the end of today market I will close my position with small profits and go short immediately. The interesting thing about the Tweezers is the fact that the setup was ...

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Nothing has changed on the weekly. The bulls are still in good control. The upper and the lower band are strongly separated, and so it's difficult for bears to take over. I will be following more now the weekly chart. Fear has created BBSqueeze on ...

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BBsqueeze is becoming more on the NZDJPY

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EURAUD will be bullish again if it refuses to break the resistance when Stochastic is oversold. Stochastic is already going oversold to oversold region. Middle band is trouble place to trade. The weekly bullish move is currently trapped around the ...

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It's part on learning curve we have to go through.

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Same setup, different environment. Some just work as if it's magic, while hit on retracement before moving again.

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It doesn't make sense to get in now. You see what EURAUD did even though we got in early. You can use the settings as you met it.

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You seem to miss them up. You did exchange in your post. I understand what you mean. The daily has to close above the upper band and the weekly above the middle band. On the daily it was last three candles away that closed above the middle band on ...

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The interesting thing now is that the Stochastic is already on overbought region when the local resistance was strongly broken.

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