Dow_Jones Looking to M chart we understand why the P find R at 12219 level. If it closes above it....12817 becomes the first target.

Beyond the Candles

EURCAD The first buyers allready start showing,at importantant static level and at the dynamic RM's S. A buyers confirmation with a close above 1.3650, it is all we need to push the price to RM's R.

Beyond the Candles

I hope somebody pay atention at this post. I know that it past some time since it was posted, but the price acts right as we anticipated ! USDCHF to the parity level + dynamic RM.

Beyond the Candles

AUDNZD It is time to take a decision !

Beyond the Candles

I as said, my friend, it is always (safer) to wait the higher TF's confirmation. I hope that now you understood this concept of higher TF's confirmation. On EURAUD situation we have a buyers reaction (BUOB) at RN, strong S and a strong sellers ...

Beyond the Candles

EURAUD W will tell us who wants to take the RM dynamic's controll. All we have to do is waiting the W to give us more informaions.

Beyond the Candles

AUDNZD M-bullish channel W-stuck in consolidation at 1.3185 R level It will be interesting to see if the price could close above the R level...but if it will do it, the market levels becomes the next target, looking obviously at the M channel as ...

Beyond the Candles

[quote=Eru;5196183] Perssonaly, I have a tottaly different opinion. If a pair doesn't give me the perfect conditions to trade for a long period of time, I don't have to wait to much, the other pairs could be in perfect market's condition to ...

Beyond the Candles

USDSEK If it closes bellow 6.7029....6.5741 becomes the next target and ovviously we are looking to the M bearish flag !

Beyond the Candles

Hi Eru Your first post in this thread...an honour for me. I choose to trede higher TF, for more reasons, but all the small reasons put together make a big one: this is what it works for me ! Trading the smaller TF give a great dose of adrenaline, it ...

Beyond the Candles

[quote=biDc;5187785] Hi biDc, been a while for me too ! It's always nice to turn back home ! This is what I see on EURAUD !

james16 Chart Thread

If it closes bellow 1.5877, then 1.5768 becomes the next target !

Beyond the Candles

I have to admit this it could have been a good opportunity. With M in down trend and W in bearish flag RET, but most of all with D that didn't close above the R+61.8Fibb in confluence with the dynamic R.

Beyond the Candles

GBPCAD — The last M closed as an IPB in the PB range and overall the P is in RM. The IPB is the second seller reaction at R level. 2011.11.22 IPB at R and sell order with the M IPB's low +TL as the first target.

Beyond the Candles

[quote=desperate;5169809] Some patterns.....

Beyond the Candles

[quote=desperate;5154160] That means you worked with them for some time....look to our AUDCAD...no surprise at all ! P.S. Put some charts with M levels and I'll show you some other nice stuffs !

Beyond the Candles

Since both M and W are in RM with the price right now at the S, perssonally I prefer more a W bullish PA candle..is with the main trend and on W chart, the price looks nice exaustion.

Beyond the Candles

[quote=Milton;5160393] Not a traditional one ....BUT....the evening star....did its job !

Beyond the Candles

EURGBP — With a PB W right into W R and a sellers reaction on D, it is easy to understand that in such a tight W RM, the best thing to think at, is capital preservation.

Beyond the Candles

AUDCAD — The price is in RM M+W and reached to an important W level. A W confirmation would be nice for a D RET !

Beyond the Candles