USDCAD, PTT&TTP When the price will close below 1.0270 (on the weekly/monthly), I'll wait until the price comes back, and backtest it.

Beyond the Candles

EURNZD. On the M chart can you see where the price close below/abow 1.7095 (1.7 BRN!) On the weekly 1.6420 is the support of the range.

Beyond the Candles

Yes, you have right ,but not on forex. Normal the close of the last candle is the open of the new candle on the forex market. After the weekend, when you see a small gap between the close and the open like in this situation, forget it! In my world ...

Beyond the Candles

Yes

Beyond the Candles

Yes of course.

Beyond the Candles

I found this picture with google, I think it can help you understand what is going on , on the monthly chart.

Beyond the Candles

Another trade on the EURAUD. On the monthly chart the last 3 month candles are a formation what suggest me the sellers are there. On the weekly chart the first arrow give as the important signal, close below the last level (1.4425), the second arrow ...

Beyond the Candles

I opened a position some days before. Last 4 month made a range. The weekly closed in this range too. Entry on daily chart.

Beyond the Candles

Many thanks the video!! But on the CADJPY, I didnt found any entry on the daily chart.. .

Beyond the Candles

And the CADCHF. It goes in the right direction. Why I sad the entry was a fail: it was the first touch, the right entry where at the arrow as a second touch, pinbar or engulfing pattern. I closed in breakeven, and didn't reenter.

Beyond the Candles

EURCAD Monthly level is 1,37. Last month close abow this level, price return to this line, but the last two weeks didn't close below. Many spikes on the daily chart at the level. I opened the position after market open.

Beyond the Candles

Same situation on NZDJPY.

Beyond the Candles

Keep your eyes on the AUDCAD.

Beyond the Candles

you're right! An thanks the reply. I alredy know it was a mistake.... But everybody post the winning trades, I thought I post some from my loosing trades. Everyone can learn something from it. Strong resistance, but bullish weekly momentum, without ...

Beyond the Candles

The gold seems to be ok. I opened a short position on the cadchf, the monthly level is 0.90170, the weekly closed below that, but is a little bit bullish. The entry point was the engulfing pattern with a spike before. it is a very strong level, but ...

Beyond the Candles

Thanks

Beyond the Candles

Gold 1416.18 is a Monthly resistance line. Monthly close below, Weekly pinbar, and M formation at the line on the daily chart.

Beyond the Candles

Nice post.

Beyond the Candles

And many thanx for the video.. it was very helpful.

Beyond the Candles