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Kenneth Lee replied Apr 16, 2009I am not sure how to read it with just 1 red candle beside it.. I might be wrong...
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009hell of a hammer on the gbp..
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009(IGM)[EUR/YEN] rises to 131.49 on stop triggers at 131.40. Some more stops are noted at 131.50/70.... [EUR/YEN] rises to 131.49 on stop triggers at 131.40. Some more stops are noted at 131.50/70. Yen buying in our time and Yen sales (rather looks ...
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009Have 2 hangman on the dailly now Last 4 hr was a hangman this one bounced off the trendline.. So we will see. yesterday did the same thing went up then fell like arock.
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009No I missed it pippin OL'e Got it we are thinking short actually
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009Cool I'm holding my short to 106.00 ,,
SWEET !!!Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009That works same stop just about as going of the 4hr. If the 62 wasn't there... Thanks A lot..

Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009Ok But I was talking about EJ LOL. and price went above the 1hr wick but not the upper wick of the 4 hr hangman.. But you NORMALLY enter straight away and in this case put the stop above the 4hr. 25 or 30 ish... seems like same scenario...
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009Welcome Macc The more the merry .... This is a pip making machine. "dammit I lost the Key to turn it on!"
We are all at different levels of learning so just chime in with whatever. It is all good here.Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009So price has now pushed above the wick of the 1hr. pin and is in the upper wick of the 4 hr hangman. This is the best entry, But do we just enter and place our stop or wait for some confirmation it is going ot turn back now ?
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009For sure ,, A nice long pin on the 1 hr closed below the sma 50 , Now if it can break through the 35/50 15 min and get a retest. That would be nice.
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009Here you go, looks like short to me.
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009That would be fast and furious.... Check your bindings...

Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009Thank you for the detailed explanation.. It helps to see the BIG picture. We (I) get so focused watching the smaller time frames and forget to check the interplay between all them. I do see the 1 hour better now since I placed it right in front of ...
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009here is the link to that site if anyone wants to look up others. url
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009image image The head and shoulders pattern is generally regarded as a reversal pattern and it is most often seen in uptrends. It is also most reliable when found in an uptrend as well. Eventually, the market begins to slow down and the forces of ...
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009I did not take it though trading the other young lady EUR/JPY. Little more movement.. looking for another short signal now. She is sittong at the 61.8% fib and touching the 200 sma...and the 50 sma on the 1hr. So I will see. :nerd:
Trade what you see NOT what you expect
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Kenneth Lee replied Apr 16, 2009It is all there. Just like you are saying....
Trade what you see NOT what you expect