well...germany is on the euro-soccer-champignionship-final. Big party here in germany. Last time i used english, its 20 years ago in school, now i only read CD-Cover in english,sorry for this...

GBP/CHF and USD/CHF

yes. a tuff nut to crack. BUT: we had a hanging man 2 days before and there will be a 3 bearish crow. Daily pattern rules. If you look in history of japanese pattern trading, they are reliable, since a few hundert years. If I´m not right, i debt ...

GBP/CHF and USD/CHF

so daily candle for usd/yen: a second doji in a row, the body of last days candle is closing just a little bit below the body of the daily candle before. The last big green candle also shows a close in a row with bodys of todays candle. So, there is ...

Daily candle chart

what a boring (?) range for 5 days. Time for a break out...

GBP/CHF and USD/CHF

naarrrr....there is a three bearish crow developing, and after this, a bounce from 2,025 trendline up, and after this we will go down (wishfull thinking). Lets see.

GBP/CHF and USD/CHF

are you able to post a chart ?

GBP/CHF and USD/CHF

well, that depends on the timeframe, on which you are trading. On daily mine is 1.02, but if channel breaks, it expect much more down, 161.8 fibo extension might be nice. BUT, this might took weeks. Ohh, i see, 3 posts, you might be a newby like me ...

GBP/CHF and USD/CHF

so, no suprise....back to business...

GBP/CHF and USD/CHF

so today is one of the major news-day, so candles might be false, and not lead us to real directon of the price. But on trading the daily it is not that important (well its important, but the daily can stand a little bit action). So, good luck ...

Daily candle chart

here an one-hour chart from 18.03.08, when Federal Funds Rate was cut 0.75, which was usd bullish, there was a 200 pip move up. this time i expect up down up down and back to business, which means down. Hope the jen-crosses move a bit, they are all ...

GBP/CHF and USD/CHF

well, news most have not that impact, that i thought. Sometimes they work as an impulse, but most time it hasn´t an effect (trading daily). gbpjpy has made a four times classical bearish divergence (see arrows on MACD), so will it make a fifth ? ...

Drawing correct resistance and support-lines

a sell running with SL 2,065, and a buy limit order above 2,065 would catch both possibilitys. my target is with the trend a lower low, so below 2,0013 is duty, a break of 1,983 would lead to 161.8 fibo extension to the downside. Forex is waiting.

GBP/CHF and USD/CHF

Thank you, ovaforty. Also please have a look to daily candle-thread from hussin for u/j url good night, i have to go to bed during asia session.

GBP/CHF and USD/CHF

What a nice doji at the daily for usd/jpy at the upper part of the trading channel. It has long shadows, and nearly no body. See also the trendlines, light blue and red, and also keep in mind news during asia session See explanation from american ...

Daily candle chart

For GBPCHF there is a hanging man on the daily. A hanging man is a pattern with low reliability. From americanbulls: "Explanation: The hanging man is a bearish reversal pattern. It signals a market top or a resistance level. Since it is seen after ...

GBP/CHF and USD/CHF

oh, ok. pretty good forecast, its dropping. might be dropping more, if dow closes. have a nice trading, i whatch TV now.

EUR/GBP SHORT for No Brainer

these sessions are exactly the session, where i have to work 8 h / day. Otherwise, i would be a succesfull trader So i trade the daily. You use PA, SR-Level, someting else ?

EUR/GBP SHORT for No Brainer

yepp. I see it, hope this one plays out, but i only trade daily time-frame. tried 1 h and 4 h, but its to much stress for me... bearish divergence on the hourly. fine.

EUR/GBP SHORT for No Brainer

maybe jpy-trade-balance during asia-session will be better, then expected, so this might move a little bit lower. Also there is a larger drop for yen-crosses expected from me, but i won´t go against the trend until i see confirmation of ...

EUR/GBP SHORT for No Brainer

if now would be the end of the trading week, THIS would be perfect 3 bearish crow on EURAUD weekly, i think. I like this chart, because on this you can see very good, the price of the body of the current candle is lower, since the last 7 candels. ...

Daily candle chart