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- fxgroup replied May 8, 2012
Hi Peter and welcome ! EURNZD-with the P at R 1.6530 and in dynamic RM..if it close above it then 1.6960 becomes the very next target. AUDNZD-...more complex
...watch closely 1.29+1.30 MM levels but most of all the dynamic R ! P.S. Very nice ...Beyond the Candles
- fxgroup replied May 7, 2012
On the W chart we had a PB in RM 1..so we had to wait for a D RET+ bullish PA in order to push the P up to the RM 1 R....and looking to D chart we notice that we just simple hadn't it !
Beyond the Candles
- fxgroup replied May 6, 2012
[quote=oliverzhao;5639908] Hi oliver.....the M is non a BEOB....in order to have a BEOB, the high and the low have to be outside (higher and lower the the previous candle's high and low) by the previous candle....an exemple on my chart ! USDJPY- ...
Beyond the Candles
- fxgroup replied May 3, 2012
[quote=JayTrader;5635442]I'm sure you 're wrong
!...anytime you want my friend ! Thanks to you !Beyond the Candles
- fxgroup replied May 3, 2012
GBPCAD The P is within the dynamic M RM..where the last 2 months closed as a PB/ BUOB at S level...the last W candle closed as a fight between the buyers and sellers for 1.60 very important M level+ BRN....all we have to do is to see the price ...
Beyond the Candles
- fxgroup replied May 3, 2012
Hi Bluejay and welcome ! Yes is true..the D candle close could be different based on different brokers, but anyway the market structure's are the same: RM, trend, congestions, etc. Since my trading style is looking for higher TFs, becomes less ...
Beyond the Candles
- fxgroup replied May 2, 2012
Exactly..and I apply the concept for any TF: 2DPB, 2WPB, etc.
Beyond the Candles
- fxgroup replied May 1, 2012
BRISTOL The 2MPB start the formation of RM...if it closes bellow 31.86 then...30 becomes the first target !... The long trades only above the 35.40 !
Beyond the Candles
- fxgroup replied May 1, 2012
The pair is stuck between 2 important W levels and the formation of a RM is more then normally !
Beyond the Candles
- fxgroup replied Apr 29, 2012
Hi fx Some price action at 1.30 would push the price back into blue consolidation and a close above it... back to 1.33 after a retest of the same blue consolidation.
james16 Chart Thread
- fxgroup replied Apr 29, 2012
Thank you very much Arunsudhilal..very useful job..I would add: BRN-BIG ROUND NUMBER TG-TARGET E-ENTRY
Beyond the Candles
- fxgroup replied Apr 27, 2012
NZDUSD If we have the skills and the patience to look for something like these on higher TFs with D RETs...all of a sudden become simplier and more profitable !
Beyond the Candles
- fxgroup replied Apr 27, 2012
We have to wait W to give a good sign of its RM in market congestion. P.S. Nice to see you again Michael !
Beyond the Candles
- fxgroup replied Apr 25, 2012
NZDCAD — The P reaches to a very important level, the RM's S..it will be interesting to watch !
Beyond the Candles
- fxgroup replied Apr 24, 2012
The levels I used are simple and clear...and all we have to do is to wait for a buyers/sellers confirmation !
Beyond the Candles
- fxgroup replied Apr 24, 2012
The price is stuck between 2 patterns: the (red) WRM and the (blue) triangle...if the P get out of the triangle then the RM is the very first target,but we have to be very carefully for 2 reasons...we are getting close to the triangle's apex and ...
Beyond the Candles
- fxgroup replied Apr 23, 2012
Let's wait for the W triangle to clear and to tell us more... ! In this kind of situation when the price is getting more close to the triangle apex, we will se more volatility and market formation with dojies as predominant candle ...where the MM ...
Beyond the Candles
- fxgroup replied Apr 23, 2012
Hi 135 and thanks for your partecipation. Since we identified WPD+WPG, all we have to do is to wait RET in order to get in till or MM/ targets levels....beeing carefully at important levels as 1.6170. The software I use for capture the screenshots ...
Beyond the Candles
- fxgroup replied Apr 21, 2012
GBPUSD...nice and clear with all the TFs in the same direction.
Beyond the Candles
- fxgroup replied Apr 17, 2012
[quote=Donkey;5581520] Hi Donkey I saw it too, but the confluence (red circle) made me to stay out...to diffficult till the long time TL....but I took USDSEK because the lack of the important levels till the same long term TL and its closer bellow ...
james16 Chart Thread