CADCHF M bearish trend, bearish PB on RET W P closed below a W level D P closes below RM but not below D support.Then on 8.08.2014 the P formed a Bearish anchor bar(AB) that closed below both RM and D support. We had 4 days of RET that couldn't ...

Beyond the Candles

I would like to share my thoughts on EURGBP. M chart formed PB near M level, P didn't touch it but was pretty close. On W I've shown something I find interesting. I've drawn vertical lines that separate bulish from bearish cycles for the past 4 ...

Beyond the Candles

Ponchofx, thanks for this awareness and analysis of this pair. I just discovered PA from fxmig and fxgroup threads. Trying to move away from lower timeframe scalping which is very difficult. These posts have opened my eyes to the higher timeframes ...

Beyond the Candles

GBPCHF is another one I'm watching closely image image image M RM for almost 3 years W P is at RM R, showing bearish signals D RM around M level. P has been flipping around M level in a D RM forming a H&S pattern. P broke through and closed ...

Beyond the Candles

Here is some pairs I find interesting 1. NZDJPY M- up; W- RM; D- PB at RM support image image 2. AUDCAD M trend up. DB, there is a close above neckline all the way up the ML of previous RM M. Then RET to the neckline (and 50% of the tall bullish ...

Beyond the Candles

Fxgroup, I am sorry if this is a stupid question, Could you explain direct ind indirect inversion, please? Also on the NZDSGD example is it still OK if the D bullish PB closes below MS or you would wait for the next bar to close above it for more ...

Beyond the Candles

Guys, what are your thoughts on AUDNZD image image image

Beyond the Candles

Hi guys, What is your opinion of EURNZD. P broke M S in June and now RET to MR and formed PB image

Beyond the Candles

And how about this one image

Beyond the Candles

Hi, I have a question for the experienced traders here. Here is a M chart of AUDCAD. P has entered all the way to the ML of the old RM defined by fxgroup, RET to S and formed 2 consecutive PBs - one IPB and one regular. Is this enough confirmation ...

Beyond the Candles

Thank you guys for your replies! 1)Indeed, GBPSGD has been trading in the upper half of the range so I understand why you want to see a C below ML + confirmation. 2) Fxgroup I see now the IB on USDCAD. I hope you don't mind me asking though, is this ...

Beyond the Candles

I am sorry fxgroup, could you explain what IB and what TG you are referring to, I can't see any recent meaningful IBs. Could you please comment on the GBPSGD. The way I see it we have a tight RM on M formed by the January controlling candle. WPD - P ...

Beyond the Candles

Fxgroup, What are your thoughts on USDCAD. P is at S and TL with nice reverse candle on W. Do we have to wait for D to come all the way down to M level for confirmation or if it makes bullish PA at current D S would still be good. image image ...

Beyond the Candles

I am sorry if this has been discussed before. I was reading through the thread and I have a question. quote: "This - as said above - involves another FXGroup method called "Daily". It's a fairly high risk method though so not suitable to be used by ...

Beyond the Candles

I agree, the first scenario is much more conservative and reliable. But since fxgroup sometimes uses inverted PB as confirmation I was wondering how reliable they are compared to the classic PB. Fxgroup says we have to learn to read beyond the ...

Beyond the Candles

Thanks Dariusz for your input! Now EUR/CAD is setting up nicely for a long trade but we have to wait for confirmation image image Now here is my question: On D do we have to wait for RET to M level(purple line) for confirmation or RET and ...

Beyond the Candles

Hi Dariusz, Note that this example refers to the beginning of June when P was around 302. Now at this level you are pointing it's time for MM

Beyond the Candles

I think it's too early yet to trade GBPCHF. I prefer to see a M close above R since this is a M RM and last month P failed to close above R which means M RM is still valid. I would wait to see this M close - if it's above R then I will wait for ...

Beyond the Candles

And the 2nd scenario. This is an early entry with closer SL and much bigger profit potential. I would like to hear fxgroup's comments about how valid this entry is image image image

Beyond the Candles

Here is another trade that I find with 2 entry scenarios. I would like to hear your thoughts. This is the first one, it's safer but offers less profit image image image

Beyond the Candles