hi baz, ichimoku is not that complicated, tom demark is a hard nut to crack In ichimoku the upper and lower part of the cloud are support/resistance, the red line and the blue line. The cloud is biggest S/R, blue is next, red is not that ...

Peaches`s trading log

Hi baz, I also have in my mind, that usd/lfx might form a double bottom, but for weekly ichimoku traders, we have just entered bear territory, where we go short : url For me eur/usd will go 1,42 if broken 1,45-1,46, and GU > 1,70, also the yen ...

Daily candle chart

I don´t know, if some other charting system gives such good explanation for what happend on the usdlfx: On the weekly we break and closed below the cloud, last weeks bullish candle was the retest, if cloud is new resistance, and now we continue ...

Peaches`s trading log

Before we get excited about the daily eur/usd daily bulish engulfing candle above the kijun sen, we should watch the weekly whole picture: We are inside the cloud, and the price was rejected from the upper part of the cloud. I think, we are on the ...

Peaches`s trading log

Hi tony, nice charts again. Any (fibo) targets on this one ? I can´t draw a fibo extension with this wave. My ichimoku system gives me weekly resistance (target) at 1,6680, 1.7020 and 1.7250...or above

Daily candle chart

I like to post my USDLFX point of view, of course I might be wrong In post 8230 I asked rethorical, if the monthly isn´t a three bearish crow pattern ??? In my eyes, it is... It is very importend in candlestick pattern, to know where something ...

Daily candle chart

eur/lfx: chart means ch - art, has something to to with "art", so here is a bit mixed up with fibo levels and extensions Will only work, if kijun sen holds price up and works as support. If broken: down we go.

Peaches`s trading log

Thanks I will give it a try, but of course there alway might be surprises, for example if this Doji below the kijun sen doesnt provide resistance, it will go straight > 1.90 .... Tomorrow will be decision. I`am in short for 1.70

Peaches`s trading log

agreed On my weekly chart it is 3.0218

Daily candle chart

Hi John, no It´s the kijun-sen. It`s part of the ichimoku trading system. I have learned, that candlestick patterns are very powerfull, but they have to be used above or below a good support/resistance. This system gives, like other systems ...

Daily candle chart

actually trading against hussin`s eurlfx short is a hard work But I just added another long at the back of this trendline. The 4 h looks promising so far.

Daily candle chart

Also gbp/chf is developing nice. A bit of "luck" on this one...

Daily candle chart

Looks like I`am not on the wrong side of the trade so far....

Daily candle chart

Hi Jhon Don´t trust a candle until it is closed I just closed my longs at 1.84 and will only enter long if we have a full daily close above the blue line with target 1.90. But I think its time for targeting 1.70 area, todays or tommorrows ...

Daily candle chart

Of course the eur/usd was rejected from the upper part of the weekly cloud at the first time. Please that price breaks it next time, and no stupid ranging. In case of break, the ichimoku targets are 1.45 + 1.46 Notice on weekly: is it a ...

Peaches`s trading log

also watch next daily candle for GU, if kijun sen will provide support, for a nice long.

Peaches`s trading log

I will watch gold candle very close next days (if it goes there). If it is a hammer: long

Peaches`s trading log

The eur/lfx from point of view ichimoku: The weekly candle has just popped up a bit through the upper part of the cloud (i change color to yellow for better view), but was pulled back into the cloud. If price establishes above the weekly cloud, we ...

Peaches`s trading log