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    • Bones replied Feb 3, 2009

      I realize that the pattern on my chart is not in the neck pattern (AUDUSD weekly)but am sure it is a Deaisen which is lines that meet.I first called it meeting lines but noticed that the black candle had closed inside the previous days body so ...

      Daily candle chart
    • Bones replied Feb 3, 2009

      USDLFX — Well we are currently trading around the strong 1.9600-1.9650 price pivot. 7 days ago price failed to take this level after a few attempts. The monthly is very bullish. The candles are very big compared to normal which makes it ...

      Daily candle chart
    • Bones replied Feb 2, 2009

      Well it’s a piercing line pattern on GBP-JPY which I would take as bullish if I didn’t already know you were bearish on the pound. We currently trade under resistance .I see we may have a red hanging man on the daily today as price is unable to take ...

      Daily candle chart
    • Bones replied Feb 2, 2009

      The pairs are both in extreme bear territory and very near their support area. Both had a bearish engulfing last week but with the NZD having the best looking. The weeklies have had a retrace and are now falling back to support.(and below support on ...

      Daily candle chart
    • Bones replied Jan 31, 2009

      Great Mike I'm glad its going good ,longer TF's less time at your computer I Like It! What do you think about the Aud looks weak to me,now so dose the NZD but I'm thinking it may hold up compared ....

      MW's trading journal
    • Bones replied Jan 31, 2009

      You are very welcome Jigsaw , Yes exactly Gbp Vs a basket as I understand ,like the USDX . It is very much easier to read than say cable and can be leading indicator as signals are seen before the FX market as taught by Hussin. You need to search ...

      Daily candle chart
    • Bones replied Jan 31, 2009

      In the big picture on rates The one thing I do know is the British love to borrow money and if 1% feeds through to the general public…. Take me for example im paying over 5% right now until May and like many have an eye watering mortgage,lol ...

      Daily candle chart
    • Bones replied Jan 31, 2009

      Hi Hussin ,I have noted that on the first trading day of every month we have seen a huge fall but im unsure this time. The gbp lfx is bullish I mean it looks very bullish, with a Harami (with gap up)on the monthly, engulfing on the weekly and a long ...

      Daily candle chart