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02-29-2008, 08:46 AM
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Tradermoe
Nice work on that chart....!!!!
I will be watching to see what happens with that pattern.
Have a great weekend.!
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02-29-2008, 09:09 AM
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Audusd
On this chart you can see that price reversed at 1.618.. then reversed again at.618....... went up to .382 and then down to another .618
And each was a significant reversal......
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02-29-2008, 09:32 AM
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Join Date: Jan 2008
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usd/cad
on daily chart have AB=CD pattern and that matches up with 38.2%. usd/cad is bouncing between 38% and 61% fib lines.
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02-29-2008, 11:47 AM
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Join Date: Jan 2008
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eur/gbp
here is a look alike butterfly pattern on the eur/gbp charts followed by a slingshot pattern. since this is a look alike dont think it will do much for us since we have a true slingshot pattern following. the slingshot pattern has a high and is followed by lower highs. when the present high goes above the previous high that is the buy signal. also 23.6% fib is around 0.7640 starting at 0.7518 - 0.7674.
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02-29-2008, 11:49 PM
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Fibonacci Circles
Price is right at a significant level on the circle. we will have to see if there is a retracement or reversal from here
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02-29-2008, 11:50 PM
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Two AB = CD examples
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02-29-2008, 11:52 PM
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two bearish patterns
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03-01-2008, 12:07 AM
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GBPJPY monthly
I am wondering what might be next week for this pair...... a lot of long red candles, and some congestion at .618. The January candle met three .786 measurements and price bounced higher.....
What do you feel may be in store for this pair in coming days.?
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03-01-2008, 10:21 AM
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just asking for comfirmation
Quote:
Originally Posted by Blaiserboy
two bearish patterns
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hi Blaiserboy..i seen u had great technical..may i know next week EURGBP going to upmove or downmove..i really dont know how it works in EUGBP ..the movement very slowly but powerfull..please help me for the next week. |
03-01-2008, 10:35 AM
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Looking at the EURGBP daily chart, I am puzzled, as I see little divergence to suggest the uptrend is finished, higher highs and higher lows also support uptrend......
Again, I am reluctant to attempt to forecast.... perhaps the candlesticks would tell more. I suggest you ask the gentleman that posts in the candlestick forum what his impression may be..
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03-01-2008, 06:47 PM
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Fib Cycles
This week will be interesting as there are several cycle dates due...
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03-02-2008, 01:28 AM
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Hmm
[quote=Blaiserboy;148583]This week will be interesting as there are several cycle dates due...[/QU
Personally what u feel about EURGBP next week.
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03-02-2008, 07:56 AM
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forecast......
Personally...... I have avoided forecasts and news trading..... my system is geared to trading the price channel and I get into enough trouble doing that. lol
Until the market gives me a signal, I have to wait to learn what is happening.
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03-02-2008, 05:42 PM
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Gbpjpy
some fib bounces.....
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03-03-2008, 05:03 AM
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Join Date: Jan 2008
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eur/gbp
Quote:
Originally Posted by Blaiserboy
Looking at the EURGBP daily chart, I am puzzled, as I see little divergence to suggest the uptrend is finished, higher highs and higher lows also support uptrend......
Again, I am reluctant to attempt to forecast.... perhaps the candlesticks would tell more. I suggest you ask the gentleman that posts in the candlestick forum what his impression may be..
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10 period rsi is showing divergence on daily since jan, 1 hour chart shows divergence since 27th, and 4 hr chart showing divergence since 20th. |
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