Patience for GU. Sideway or a bit up till wednesday/thursday. Look where the trend is.

Daily candle chart

I have seen to many shooting stars after a hanging man.... Short below a solid close below the low of the hanging man, patience is in play.

Daily candle chart

aud/cad: I think the 4 h is hammer now, but the daily...hm, morning star ? I`am bullish on this one.

Daily candle chart

hm....but imagine, if this trendline breaks.... Its the fourth time, we knock on it On the 4 h we have in inverted hammer.... My SL is below the red line, very close.

Daily candle chart

also long cadlfx: price found support on 4 h tenkan sen. If we look at the weekly chart, we see the 4. th test of the lower cloud resistance, I think it will break now, because the chinkou span is crossing the price, which is a bullish indication. ...

Peaches`s trading log

short eur/gbp: daily has a doji, SL is above kijun sen. We have a bearish cross on the weekly and a monthly close below the tenkan sen.

Peaches`s trading log

the weekly candle last week

Daily candle chart

What is difference between this 2 dojis ?

Daily candle chart

you are welcome analyzer

Daily candle chart

Of course price for GU will not go in a straight line till 1.68. I`am expecting start of a fall down till one of this daily support, if the tom demark coundown finish "13" (which might be thursday).

Peaches`s trading log

Hi tony, nice to see you here. What I`am missing in candlestick trading, is a more clear way to say where support and resistance is. I always have problems with this. I remember ichimoku-system, which I was trading 2 years ago, which is pretty good ...

Peaches`s trading log

Another alternative for trading ichimoku system is to trade the change in the color of the ichimoku cloud. Example here is the eur/lfx. This is the euro light index, a kind of USD-Index, but just for the euro. This is just to have an example. I ...

Peaches`s trading log

geppy weekly form point of view ichimoku system: the price has tested the red tenkan sen line two times, and the green chinkou span is breaking through the price. Next weekly resistance is at ~158, which is given by the green chinkou span in the ...

Peaches`s trading log

Another trading opportunity is to trade a break through the ichomoku cloud. Trade in the direction of the break of the cloud, but time your entry. If price is above the cloud, price is in bull land. If price s below the cloud, price is in bear land. ...

Peaches`s trading log

I exited my eur/usd long at 1.39, of course too early But if we look at the weekly chart, price is insice the ichimoku cloud. Inside the ichimoku cloud is a no-trade-area in ichimoku system. Price has broken resistance of the lower part of ...

Peaches`s trading log

A full bullish close above the tenkan sen. Confirmation for bullish trend. The weekly shows us the cloud above as a resistance. BUT, we have the chinkou span (green line) is crossing through the price. This is another alternativ of ichimoku ...

Peaches`s trading log

My SL was taken and I reversed my position for a long. This is based most on the candlestick pattern on the weekly. The weekly shows us current weekly candle with long lower wick. This is indicating buying pressure. The daily has closed above the ...

Peaches`s trading log

If the red line crosses the blue line, this is a buy signal. We see on eur/cad a buy signal.[/quote] Looks like I was too early with entering the long eur/cad trade, because the price was rejected from the kijun sen (blue line). This is Ok, because ...

Peaches`s trading log

If eur/lfx is strong bullish and the yen continues to weaken, good trading opportunity is eur/jpy. I have next stop for eur/jpy at 137.50-138. It is worth to have a look at the monthly candlestick: Mr. Bulkowski said in his good book "Encyclopedia ...

Daily candle chart

I think history might repeat for lfx/jpy. This means yen continue to weaken (in chart lfx/jpy this means price will rise/go up). On weekly chart I see next resistance 54.232

Daily candle chart