Fdax: If price drops back to 9495 and forms one single bearish 1H candle then this is called a "Three Line Strike" pattern. That means trend is bullish! So be careful not to short more at that point. But again: only if it forms one single candle on ...

SPX and DAX - CFDs are the place to be

Yep its still open.. I will close my 9550 long only if price touches 9593 (that's why I said I ordered a pending sell limit order there). Edit: Oh and I almost forgot: since my long is safe now I put my SL to 9555. So if price falls without touching ...

SPX and DAX - CFDs are the place to be

Fdax: IMO, I am expecting a gap close still.. I am leaving my pending order (sell limit) active at 9593. My belief is wether price touches 9593 or not it will go back to 9525 first. Then it could try to close the gap from todays opening. Happy Trades

SPX and DAX - CFDs are the place to be

Retracement phase on 15 minute.. evening doji star pattern has formed there.. on 1 hour chart we can see a 3 white soldiers pattern buidling.. so still bullish bias.. Happy Trades

SPX and DAX - CFDs are the place to be

Fdax Scalp Order: Sell Limit: 9593, SL: 9602. No TP yet. Happy Trades

SPX and DAX - CFDs are the place to be

FDAX: I wouldn't wonder if price hits 9608 soon and after that 9657 Today's tendecy is definitely towards north but I hope this trend doesn't get killed with stupid news. Happy Trades

SPX and DAX - CFDs are the place to be

FDAX: Opened long at 9465.. moved SL to 9470 now.. target: 9495 Edit: unfortunately price just hit my SL: +5 points Happy Trades

SPX and DAX - CFDs are the place to be

Since volume is very low its really hard to guess where it will go. The eWaves on your chart are almost flat and at 0 level now. Still waiting for a pattern or signal which has not formed yet. Happy Trades

SPX and DAX - CFDs are the place to be

USA labor day effect kicked in.. it is a really boring Monday indeed.. Happy Trades

SPX and DAX - CFDs are the place to be

This could give you a clue. If you google around this topic I am sure you will get many related answers. url Happy Trades

GBP/JPY

Thanks Eitan for your great effort. I am still riding waves with your trendsurfer and smri systems. But this last one seems to be your masterpiece I wish the very best for you. I have to repeat it again: we can't ask for more after you ...

Eitan's Project

FDAX: Discovered evening star on 15 min. and so I leave my short hedge open. (Right now I have to trade by opening and closing my short hedge, since I still have an open long position at 9550)

SPX and DAX - CFDs are the place to be

Opened long at price 9458 similar to deltaone.. but got out at 9465 with +7 points. IMO waiting for shorts seems safer for the day. Happy Trades

SPX and DAX - CFDs are the place to be

Yes.. especially the 9465 level is a risky barrier.. so maybe I wait for a good confirmation before I jump in for a long.. thanks for the heads up Happy Trades

SPX and DAX - CFDs are the place to be

FDAX 1H: after candle close (which looks like a harami) I will look if price goes higher than the last candle's high. If price pierces the last closed candle 2 or 3 pips higher, then its time to scalp long with target 9500. So waiting for 1H candle ...

SPX and DAX - CFDs are the place to be

9240? Hmm.. okay so no need to alert myself now.. will keep that in mind.. thanks bro Happy Trades

Magnetic Line Trading with KiwiOz

DAX downtrend speeded up. Last 3 minutes to 1H candle close. Let's see what will follow this long bear candle. I still need a sign to close my short from 9450. This could be the process where the top marketmakers are buying now. The more they buy ...

Magnetic Line Trading with KiwiOz

Yes, after I see a strong confirmation that the downtrend has really end I will close my short from 9450, that I opened to hedge my earlier long from 9550. Now price is inbetween the two and I am waiting for an opportunity to go long when I see a ...

Magnetic Line Trading with KiwiOz

Hi Tony, Hi Ian.. Hi everyone.. Well some say Dax will fall more, but now it seems to build an uptrend on 1H.. but since today is Labor day in USA, it could only be triggered by news on Ukraine-Russia conflict, ISIS or Gold etc.. Actually I am ...

Magnetic Line Trading with KiwiOz

Hi Mohamed, Your approach looks very promising. I would appreciate if you could explain your theory in more detail. No offense please, but I also noticed that you have some difficulties in writing forex terminology. I understand that it is related ...

Winning H1 candlestick patterns