Forex Euro/ Usd H4 - the arrow shows the new support at, it might be a pull back before going up further as H1 appear a shooting star candle. It also getting weaker now as every wave pushing up is getting smaller.
Friday, October 23, 2009
Forex Euro/ Usd H4 - 23 October 09
Forex Euro/ Usd H4 - the arrow shows the new support at, it might be a pull back before going up further as H1 appear a shooting star candle. It also getting weaker now as every wave pushing up is getting smaller.
Forex Euro/ Usd Daily - 23 October 09
Forex Euro/ Usd Daily - yesterday candle shows a long leg below and today it break above the yesterday candle high, this indicate that it will go up further.
Thursday, October 22, 2009
Forex Euro/ Usd H4 - 22 October 09
Forex Euro/ Usd H4 - it appear 2 shooting star indicate exhausted, so it will be a pull back before going back up again.
Forex Euro/ Usd Daily - 22 October 09
Forex Euro/ Usd Daily - yesterday form a bullish candle and break a new yearly high again. It will go higher but as H4 appear that it will be a pull first before going back up. Wait till the pull back end then go long again.
Wednesday, October 21, 2009
Forex Euro/ Usd H4 - 21 October 09
Forex Euro/ Usd H4- the last candle seems to form a hammer, the wait and see if this current candle does follow up. If it drop below the previous candle low, then it will go down further till it reach the support.
Forex Euro/ Usd Daily - 21 September 09
Forex Euro/ Usd Daily - it is currently moving side way, the movement usually more volatile in this indecision areas until it break out of it. The blue dotted line are the support and resistant.
Tuesday, October 20, 2009
Forex Euro/ Usd H4 - 20 October 09
Forex Euro/ Usd H4 - the arrow shows the support and the channel turn bullish from yesterday move.
Forex Euro/ Usd Daily - 20 October 09
Forex Euro/ Usd Daily - yesterday candle turn Engulfing bullish and break the yearly high. The pull back is much shorter than expected and H4 is back to a Bullish channel again.
Monday, October 19, 2009
Forex Euro/ Usd Daily - 19 October 09
Forex Euro/ Usd Daily - The hanging man is form and it is a pulling back now but still moving in the daily bullish channel. So if you are in the short position be cautious when it is closing up to the channel support. Unless it break the channel support then it will go down further and daily will channel will turn bearish.
Forex Euro/ Usd H4 - 19 October 09
Forex Euro/ Usd H4 - H4 channel turn bearish as the candle shows that it's still bearish and it is moving the daily bullish channel.
Subscribe to:
Posts (Atom)
