Hi finghead, it sound so familiar.. tp to little and Sl too fast. This is the game name forex! It depend which tf u r trading. If a daily tf, 150 to 200 pips are what we looking at right? Try using pivot or fibo for yr sl or tp level... this is the ...

Candlestick Trading

Followup trade — See how beautiful it was after the bearish engulf pattern. PA went down and hit the 65 MA and also the daily low. Yr sl should be the daily long.

Candlestick Trading

Hi findhead, it really depend on what kind of trader you r? How hngry or agressive u r. E.g. when the PA hit the MA line, sl hit OR when the hourly candle close below the MA line that u close your trade. It all depend on how comfort when u r using ...

Candlestick Trading

Eu 1 hr — Anyone looking at eu hourly chart... A bearish engulf pattern after an uptrend. Can't post chart now... Take a look guys.

Candlestick Trading

GU Weekly and Daily — GU weekly PA heading toward the treandline and also round number(yellow) A heavy resistant. Look at the red arrow that few weeks ago. That was also a bearish engulf. It also act as a resistant line. As for the daily ...

Candlestick Trading

AU weekly Chart — Resend weekly Chart

Candlestick Trading

AU weekly an daily — Look at AU weekly, the first RRT serve as a resistant for the bearish engulf pattern. If we move down to daily, PA biting the 65 MA. If daily price close below 65 MA, I will short the trade. TP is the 200 MA and SL is ...

Candlestick Trading

Hi Phreddy, the second bearish engulf pattern should not consider a bearish engulf because for a bearlish engulf pattern to take place, it should take place on an uptreand. Cheers

Candlestick Trading

EU Monthly weekly and daily chart — Monthly chart - Price try to push down as it shown a bearish engulf pattern. Month has not close yet,but it seem like PA can't cont the down push. Weekly chart - It show a bullish engulf pattern which push ...

Candlesticks Trading

EU — Attach is the EU 4 hr chart. There is a gap on Sunday open. The PA fill up the gap (Blue window) and hit the upper window, shoot up and retrace. Cheers

Candlesticks Trading

UC — UC monthly chart PA retest the hammer form two months ago. Daily is moving toward the demand zone.. may want to get ready for long. Cheers

Candlesticks Trading

EG — EG weekly chart- PA downtrend stop after a hammer form. Follow by a bullish engulf pattern. And also the RSI and PA show a diverenge too. Down to daily chart- PA hanging around the 65 MA. Possible long at 0.8550 Cheers

Candlesticks Trading

EU weekly chart — EU weekly chart show a hammer after a down trend. The price asl supported by fibo 79.2%. If we proceed to weekly chart, we can wait for the price to retrace down to the hammer base line and soc cross than we go for long. With ...

Candlesticks Trading

I am back — Hi Pip, how r u? Pls cont to post yr chart ya.. cheers

Candlesticks Trading

Holiday — Hi Br Pip26, I am going to Korea for a holiday with my family. Will be back next weekend. Please con't to post your charts ya! Happy trading to all of you... May pips be with you. Cheers

Candlesticks Trading

Hi Muzani, thanks. Cheers

Candlesticks Trading

Hi Sam, I requested the fractal indi from pip26 for my own testing.

Candlesticks Trading

EG daily — Now let us go down to the daily chart. Once daily candle close above the 65 MA.. we may consider to go long. Cheers

Candlesticks Trading

EG weekly chart — Hi guys, Look at the weekly first chart ... RSI and PA are having a divergence. The second chart show PA retrace to 61.8% and can't close below it. With a few hours before the weekly candle close... it may be a hammer ...

Candlesticks Trading

Weekly EG started on 30/10/2010 — Hi Traders, let me walk you thru with the setup and logic behind this trade. Post 84 -30 Oct- The setup is on 30 Oct when the weekly TF show a bearlish engulf pattern. I shorted at 0.8684 Post 87 -11 Nov - it ...

Candlesticks Trading