- Search Crypto Craft
- 22 Results
- Micardo replied Mar 22, 2011
A few setups — Hi Everyone, Just thought I would pop in to say hello and give you a few setups I am looking at. AUDUSD has been moving aggressively upwards for the past week and it doesn’t look as though the momentum is going to let up anytime ...
- Micardo replied Jan 10, 2011
A Few Setups — I identified almost identical setups on a series of pound crosses - GBP/JPY, GBP/CHF, GBP/AUD & GBP/NZD. All of these pairs had been sold quite aggressively through the end of 2010 only to stage a slight pull back over the first ...
- Micardo replied Jan 3, 2011
EURGBP Trade — Hi Everyone, I know it is bank holiday today so no one is trading and neither was I. However I I had a set up on the EURGBP identified on my chart which I was looking to take tomorrow if the signal was there. Unfortunately I ...
- Micardo replied Dec 31, 2010
OK so here are some of the first charts. EURAUD has been in a serious down trend for the past forever. There are a few resistance levels that we would be looking for a bounce off of. Ideally we would want to see further weakness in the EUR/USD as ...
- Micardo replied Dec 18, 2010
Candlesticks — People use candlesticks in many ways, I am not going to try and give an in depth candlestick course here as there wouldn't be enough time or space in this thread and it could literally be and indeed is a course all by itself, ...
- Micardo replied Dec 17, 2010
Fibonacci — OK so we have already discussed support and resistance in its most basic form. Now I want to speak about another form of support and resistance - Fibonacci retracements. These are also levels where we would expect price to react, ...
- Micardo replied Dec 15, 2010
Using Support and Resistance — Now another known fact is that a previous level of support can become resistance in the future as can a previous level of resistance become support at some point in the future. This single piece of information ...
- Micardo replied Dec 15, 2010
Support and Resistance — Support and Resistance is for me the most powerful tool any trader can have. It shows you exactly who is or has been in control at particular areas on the chart. For the reason you also know that 8 times out of ten ...
- Micardo replied Dec 15, 2010
As easy as 1-2-3 — The pattern shown in the chart above is also known as a 1-2-3 reversal pattern or an ABC reversal. The name really doesn't matter, what matters is being able to identify the pattern as this pattern is not just going to be ...
- Micardo replied Dec 15, 2010
A Chart is Worth a Thousand Words — This is an example from the EUR/USD chart for this year (2010). I have highlighted to points "A" & "B". A. In this instance if you go back on the chart you will see that price had made been trending upwards ...
- Micardo replied Aug 19, 2008
Hey I am just taking a look at this system and wanted to make sure I am looking at things the right way :-). The following are the charts that I am currently looking at. I just wanted some confirmation that I am indeed looking at the right setups... ...
- Micardo replied Nov 21, 2006
Well theres really not much to say about today.... The market ranged the whole day, there were no false breakouts, absolutely no opportunity to do anything. The one interesting thing that did happen was yesterdays Resistance became quita firm level ...
- Micardo replied Nov 20, 2006
Wow... what a great first day back in the UK :-)... Unfortunately as well as the rain and the nights drawing in at 3:30pm we had absolutely no opportunity for a trade. To be honest we had some really great Support and Resistance lines drawn in which ...
- Micardo replied Nov 16, 2006
Today was a really strange day.... We got so many false breakouts its unreal. Last night we had quite a nice channel building... Then when I get to my PC this morning I see that we had an early false breakout... So what did this do to the setup... ...
- Micardo replied Nov 15, 2006
Wow if anybody ever caught a lucky break, it was me this morning….<o></o> When you look at the chart you think simple right…. Nice clean break, little retracement, as simple as taking candy from a baby….<o></o> Well lets look a little ...
- Micardo replied Nov 14, 2006
Today wasn't such a hot day... We had a False breakout early on in the session. This caused me to adjust my levels as now any entry point would have been just to close to yesterdays low point. With this in mind I decided that I would wait for a ...
- Micardo replied Nov 13, 2006
Today was a beautiful start to the week!!!! Again we saw a surge in the Asian session which is beginning to look like the norm, but never the less it did settle into a consolidation pattern later on into the session. This consolidation pattern also ...
- Micardo replied Nov 10, 2006
OK Today was a little better... Still not perfect but I managed to take my initial 20 pips on the first lot and 10 pips on the second lot. So what happened... Well when I woke up I saw that the Asian session had quite a lot of movement which as I ...
- Micardo replied Nov 9, 2006
Today was a bit of a non event to be honest. We had a bit of a false breakout early on but fortunately my rules did not fall into place so I did not take the trade..... (Rules really do protect you :surprised) Then we had the interest rate decision ...
- Micardo replied Nov 8, 2006
Well well well..... Today I should of just sat out of the market.... I new the Mid-Term Elections were concluding, to be honest I wasn't sure what any of the results would of meant fundamentally but I knew the markets had the potential to act badly. ...