the cad has broken though the daily and weekly cloud. So I learned from this: not every doji or shooting star or hammer above or below the cloud is a signal for a reverse. It might happen, but best is to wait for confirmation.

Peaches`s trading log

I was reading an article about ichimoku, and something obvious came in to my mind: The cloud is showing the TREND A falling cloud: trend is down A rising cloud: trend is up

Peaches`s trading log

looks like market is awoken today, so something interisting has happened today on severl crosses: first geppy has broken through ichimoku cloud. This was very importend for kumo traders. The fast MA tenkan sen is going UP. Plus the chikou span is ...

Peaches`s trading log

I am very happy to see you alive and posting analyses Something bearish against the cad might be offer good trades in future: short eur/cad or long cad/jpy

Daily candle chart

wrong decision going long for gbp/aud ? Lets decide at daily close. I have a certain pattern in my mind. Lunch time

Daily candle chart

Hi jhon, I have weekly resistance ahead at the red horizontal lines, but this might be reached tommorrow or next week (if it climbs that high). But you know, I follow not only candlestick pattern, but also ichimoku system.

Daily candle chart

tony, what do you think: profit taking or move SL +1 ? Difficult decision

Daily candle chart

I realised just today hussins method he posted in post #4351 with date jan 25.2009, that hussin looks on lower timeframes to see what candle is forming on higher time frame: "...no , perhaps if my reason was for enter with a candlestick pattern or ...

Daily candle chart

tony, I have learned last 2 years, breaking the 61.8 fibo level means going 100 % fibo level (full retrace). And eventually we see extension levels. But thats far away.

Daily candle chart

tony, tommorrow will be very interisting weekly candlestick pattern. But we should not look yet at the weekly, pattern might be destroyed in 24 hours.

Daily candle chart

times of ranging, are times of accumulation. Traders are building position we have seen this for USD/LFX: But for the eur, which way ?

Daily candle chart

I`am tempted to say, crises is over But only on the daily charts Dow up, TNX up, means yen bearish, dollar bearish cad bullish plus aud bullish. But the eur ?

Daily candle chart

Lets see, what US news will bring: IF US data are good, the stock market will rise, this means US $ will fall. Falling US $ will see a falling yen (yen crosses go UP), plus cad and aud will go UP (means usd/cad down, aud/usd up for example). Lets ...

Daily candle chart

the question is, how will the US session support dollar fall ? Rising TNX, rising stock market ?

Daily candle chart

I have for GU on the 4 chart a bullish continuation pattern. It is build from last 5 candles, If I remember right it is a mat hold or rising three methods... url edit: tis is the pattern I `am looking at:

Daily candle chart

gbp/chf — double bottom ?

Peaches`s trading log

Of course I waited for a confirmation of the doji at cad/lfx, but there was none. 2 years ago, I would have gone long by appeareance of the doji, glad not to have done this

Peaches`s trading log

tenkan sen and kijun sen are flat, price is inside the cloud. This is not an area for a good trade, but geppy is able to form in the last trading days of the month a bullish candle, maybe a monthly pin bar

Peaches`s trading log

weekly bullish engulfing is playing out for GU, it is inside weekly cloud. weekly tenkan sen is support since beginning april.

Peaches`s trading log

eur/usd has tested the level for 2 days, question is, if it is now a solid support.... If it is, we are going 1,45-1,46.

Peaches`s trading log