Looks like some opportunities to go long , but i think we'd better wait a retracement first What do you think guys ? image image Seb

Mouteki Trading

Maybe you should wait for a confirmation , which means wait for a close above the bar that broke the trendline Then wait a retracement or something cause it always happens before a rally Btw what is BUOB ? Thanks

Mouteki Trading

Hi guys, What do you think at that chart Habeeb : image IF the last bar closes above the bar that broke the trendline , it sounds a good opportunity to go long it seems The thing would be to buy at the retracement on the trendline or on the 5sma ...

Mouteki Trading

Ah i see , thank you very much

Mouteki Trading

What candle pattern do you see ? i only see a spining top which doesn't mean the trend will be reversed Thanks

Auslanco - GBP/JPY and GBP/USD (newstrade)

My TP is around 2.0030 according to the point where it broke the trendline Seb

Auslanco - GBP/JPY and GBP/USD (newstrade)

What do you mean by the signal bar has not been broken yet ? SEB

Mouteki Trading

Hi eddyns, For GBP/USD , i would have personaly wait for this pair to break the trendline : image But maybe i'm wrong SEB

Auslanco - GBP/JPY and GBP/USD (newstrade)

HI everyone And congrats Habeeb for your precious help in here , it's really appreciate mate I wanted you to tell me if the trendline i've drawn on the EUR/JPY is ok referring to Mouteki technique look : image Thank you SEB

Mouteki Trading

yeah , never use candlestick alone , if you see a good candle formation without looking at the others indicators you'll be in trouble Candles are good to check the conditions of the market , they give you a lot of information but don't rely on only ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Yeh i saw few steve nison webinar and i also got his dvds about the forex , but to be honest it works better on equity markets than on the forex one. But you will learn a lot about candle formations and so.. Go for it

Auslanco - GBP/JPY and GBP/USD (newstrade)

If you have some long positions , just tighten your stops cause it could go down

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hi jim, Even if we see an evening star , i don't think we should consider it since the evening stars are significant in an uptrend. But there is a nice bullish engulfing candle confirming the support of the 6/06/07 so let's wait Seb

Auslanco - GBP/JPY and GBP/USD (newstrade)

ok thk

Auslanco - GBP/JPY and GBP/USD (newstrade)

HI, How do you know it should go to 242.15/20 ? To get that target , you use fibo retracements ? thk

Auslanco - GBP/JPY and GBP/USD (newstrade)

I am

Auslanco - GBP/JPY and GBP/USD (newstrade)

hmm that's weird my momentum indicator H4 is pointing north :s Do i have to change my client ?

Auslanco - GBP/JPY and GBP/USD (newstrade)