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- peaches replied Jun 18, 2009
quote=Bones;2813456]Is this pattern not bullish?[/quote] Tony, yes it is. But my christal ball says
from here.Daily candle chart
- peaches replied Jun 18, 2009
Usd/cad also re-tested certain level. Waiting for a bullish breakout


Daily candle chart
- peaches replied Jun 18, 2009
I will watch geppy at this level, pretty interisting if we see a bullish candle today, or if it will turn at this level.

Daily candle chart
- peaches replied Jun 18, 2009
But maybe not today, because yen bounced from blue line, which is support, question is, how far will it bounce, before continue fall (means continue bullish).
Daily candle chart
- peaches replied Jun 18, 2009
Hi ikki, nice to see you here in this thread. Lets watch drop in gold

Daily candle chart
- peaches replied Jun 18, 2009
I only see bearish pairs if I look at my charts, only pair I see bullish is the yen. I mean: aud/lfx: down cad/lfx: down eur/lfx: down lfx/yen: down (which means the yen is bullish!) if usd will decide where to go, second best is usd/gbp short imho. ...
Daily candle chart
- peaches replied Jun 18, 2009
those anoying usd bears, how many times will they test this stupid level ? go away bears

But from my observation in the past: those times of ranging are times of accumulation which leads to a break out in the future. But which way ?
Daily candle chart
- peaches replied Jun 18, 2009
I wait for shorting pound pairs, until this 4 candle is closed around 2.9655...

Daily candle chart
- peaches replied Jun 18, 2009
For geppy 4 h chart, price is gone through the cloud, has tested the cloud now for new resistance, it will now fall for proft target 155 or with much luck 2. target 152.60, but will decide arounf 155 looking at the 4 chart, if main target is ...
Peaches`s trading log
- peaches replied Jun 18, 2009
For aud/usd see next attack at the kijun sen for aud/usd. kijun sen is so much importend, because it is a good support, where many trades put there SL below. If kijun sen is broken we see free fall until cloud.
Peaches`s trading log
- peaches replied Jun 18, 2009
my bull target for usd/chf is 1.1030. see how price tested cloud and kijun sen on 4 h, which is coincident 50 fibo level of the last bull run.
Peaches`s trading log
- peaches replied Jun 18, 2009
for usd/lfx the price has tested now 4 times, if kijun seen is new support now, some bears are not convinced about the new direction, whih is up

Peaches`s trading log
- peaches replied Jun 18, 2009
See on 4 h chart, price has tested now kijun sen for new resistance and was rejected. There is on 4 h chart no support now until 95,30, which is the cloud. On daily chart next support is 94.30 (tenkan sen = red line)Peaches`s trading log
- peaches replied Jun 17, 2009
So weekly and daily chart should be in the same direction (daily bearish + weekly bearish), thats better. Look cause for drop GBP/LFX: its the broken kijun sen on 4 h chart:
Peaches`s trading log
- peaches replied Jun 17, 2009
Well, its off topic here so I wont go any deeper explanation. Equilibrium is, where bulls and bears are in balance, its a middlepoint. Price ALWAYS wants to get there first. Some call it pivot points, or in other system like ichimoku its the kijun ...
Daily candle chart
- peaches replied Jun 17, 2009
I like to brink to you a few words from Mr. Nisons famous book "JAPANESE CANDLESTICK CHARTING TECHNIQUES", which are very importend and basic for trading with candlesticks. It took me month to learn, not to fall in this trap: "As discussed later in ...
Daily candle chart