We've got a trendline and 61.8% Fibo (31/08/2003 - 13/12/2004) confluence just a few pips away fro yesterday's low. Looks like a Harami pattern formed. We might see price starting to creep up. We might even see 1.7250 during the day. image

GBPUSD

Dave, your analysis of cable was spot on ... well done Is a doji a reversal sign, or only double-doji? We've got a doji on the weekly, that's why I'm asking. I think we've reached the bottom of wave b on your chart Maybe a test ...

My trades by Dave

Many brokers are offering deposit/withdrawal via credit card. Check whether your's does. As for withdrawing monthly ... that depends on your financal situation. If you depend on this income, then you're forced to. Take care Habeeb

Withdrawal advice

Your Pin Bar is a Sunday. I don't use Sunday's for any analysis because it's not a full day. If it was a normal day, then I'd say your pin bar is too short. Take care Habeeb

james16 Chart Thread

I guess trading becomes boring once you get the hang of it ... making profit consistantly. Can you imagine sitting the entire day in front of the screen studying charts and doing all sorts of analysis just to find a good trade to enter? Many of ...

Any full-time traders?

7 pips is too much for it to be a DBHLC. 1 pip ... maybe. If the DBHLC is spot on then at least you'll have more confidence when entering a trade.

james16 Chart Thread

Thanx very much Dave. I'll keep working on my wave counting. Enjoy your day. Good Luck Habeeb

GBPUSD

more numbers — Dave, can you comment on my numbering please ... only if you have the time. http://www.forexfactory.com/forexforum/showthread.php?p=31535#post31535 Thanx Habeeb

My trades by Dave

Price is again below the 1.7235-40 resistance area. With nothing happenning in the markets, I think we might see a Pin Bar on the daily, but anything can happen. Here is a chart with some number counting. I don't have any experience with this wave ...

GBPUSD

Congrats on the consistancy.

My trades by Dave

This morning there was a good opportunity using your 5min strategy (10h25 MT4 time). Missed that one but there's always a next time. You did mention that you had strategy for day-close, but you didn't explain that one yet. You still testing it? The ...

777's trades

Hey 777, you still there? You on holiday already . Just want to let everyone out there using "777's 5 minute strategy", not to use this method during major news release. Today is a holiday in US, so market will be slow. I think I'm gonna take the ...

777's trades

Thanx Jim

james16 Chart Thread

puzzle Pin — Hi Jim, hope you guys not stressing too much re the PF. Anyway, hope you still checking this thread, 'cos here's a puzzle. Would this be regarded as a Pin Bar. Would it be feasible to use it to open a trade / get direction? ...

james16 Chart Thread

Elliot Wave works in forex as well. If you look at Dave's thread in the the "journal factory" section, you'll see that uses Elliot Wave with great success. Welome to Forex Factory, and all the other new members too. Enjoy your flight Habeeb

New to the forum

what:surprised ... 8 months not long...

5% per day is achievable

Thanx Dave

My trades by Dave

Hi Dave, I was wondering why you decided to enter a long trade at at this level (1.1721) and had a look at the chart. I'm posting a chart (hope you don't mind) with numbers on it. Am I on the same track as you're thinking, or am I missing something? ...

My trades by Dave

777, thanx for posting your chart. After I posted my chart I saw the divergence on the stochastics, but wasn't sure whether I saw it the right way. Thanx Habeeb

GBPUSD

Point noted. Thanx Habeeb

GBPUSD