There is always another perfect trade waiting for you. Now (at the time of posting) the 4 majors are searching for direction. E.g. GBPUSD, the Bearish Trending Candle has taken over, meaning a strong bearish trend that may continue lower. Look at ...

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As they say it: Don't try and catch a fallen knife! Remember what an old Wall Street adage says, "Those who try to catch a fallen knife only get hurt."

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Good! The market (at the moment) has turned bearish 3. EURUSD At the time of posting - Bearish Engulfing Line/ Bearish Trending Candle has taken over YESTERDAY CANDLESTICK SIGNAL - Piercing Line: Possible Reversal 2 DAYS AGO CANDLESTICK SIGNAL -- ...

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GBPJPY Hope it drops like this chart

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GBPJPY The current Candle Stick is a White Spinning Top [Neutral / No Direction], so it is correct that until the triangle breakout, we would not know its direction. Combination-wise, we see a White Star Reversal, indicating a possible market top ...

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Fresh shorts in play from overnight and we have adjusted the stop now to above hourly resistance from yesterday at 1.9665. The critical level to watch above now becomes 1.9850 with only a break back above ultimately required to delay the bearish ...

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Candlestick Forecast for 12 June 2008 — Candlestick Forecast for 12 June 2008 1. USDCHF At the time of posting - Bearish Harami Line: Look for Reversal = Indecision in market. Possible Reversal. YESTERDAY CANDLESTICK SIGNAL - Bearish Harami ...

Knowledge is Power

Candlestick Formation Forecast — GBPUSD At the time of posting - Bearish Harami Line: look for Reversal = Wait for next signal, wait for confirmation YESTERDAYCANDLESTICK SIGNAL - Piercing line: possible reversal 2 DAYS AGO CANDLESTICK SIGNAL ...

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GBPUSD — I will place a Sell Stop at the weekly S1 and a Buy Limit at 1.96xx.

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Tranquility Before the Storm — The market is consolidating after yesterday big movement. Place your Pending Orders ("P. O.") wisely, by the time London market is opened, the dragon would have been well rested and ready to move. Analysts say: ...

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GPBUSD — The pair is now in Bollinger Bands' "No Man Zone". Should not enter position to wait but use P.O. instead. The Resistance, as you have correctly stated is at 1.9600. An intermediate one is considered by some to be at 1.9575 (earlier ...

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I may do so when: "the proper way to use stochastic is to observe the indicator once it has entered the overbought or oversold zone. Only when the indicator slips back below 80 or moves up above 20 does the trader follow the signal. Stochastics ...

USD/JPY Discussion

USDJPY Candle Stick Formation Signal — USDJPY 1 DAY AGO CANDLESTICK SIGNAL - Engulfing Bullish Line Confirmation: Bullish & Overbought - Bullish Trending Candle takes over: Buy Signal 2 DAYS AGO CANDLESTICK SIGNAL -- Engulfing Bullish Line: ...

USD/JPY Discussion

Current Candle Stick is: 1. White Spinning Top : No direction, Neutral; 2. Last Engulfing Bullish : Possible Top; 3. Bullish Trending Candle takes over: a bullish trend that may continue higher.

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GBPJPY — GBPJPY based on yesterday 10 June Tuesday Chart - Black Doji Star Reversal: possible top - Incomplete Dark Cloud Cover: Sell on confirmation PREVIOUS 1st DAY CANDLESTICK SIGNAL -- Engulfing Bullish Candle: Buy signal -- Trending Bull ...

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Candlestick Forecast for 11 June 2008 — Candlestick Forecast for 11 June 2008 Based on YESTERDAY Daily Candlestick on 10 June (Tuesday) 1. USDCHF 1 DAY AGO CANDLESTICK SIGNAL - Trusting Line Confirmation: Buy Signal - Bullish Trending Candle ...

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USDJPY: Offers Ahead Of 107.50 Still Cap But Stops Above Lure — 01:03 USD/JPY: Offers Ahead Of 107.50 Still Cap But Stops Above Lure Tokyo, June 11. USD/JPY looks to have run into a wall of offers ahead of presumed option barriers at 107.50. ...

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USDJPY rocket up : Longs In Play For 108.40 Test — Analysts say partly due to the comment made by President Bush: Bush Wants Stronger US Dollar. USD/JPY: NY Traders" Forecasts for Asian Trading San Francisco, June 10. USD/JPY trades at 107.34 ...

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GBP/USD: Plumbs Fresh Intra-Week Low after King Speech Released — Cable has plumbed a fresh intra-week low of 1.9544 since the 11:00GMT release of the text of a speech by BoE Governor Mervyn King to the BBA in London. King says we are now ...

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That is what happened when Bernanke vs. Trichet- The Heavy Weight Title "Rumbled" http://www.forexfactory.com/news.php?do=news&id=90608

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