Wednesday, August 17, 2005
Orders were not executed and my analysis yesterday was wrong.
Subscribe to:
Post Comments (Atom)
skip to main |
skip to sidebar
Hi all, I completely analysed yesterday's EUR/USD and USD/CHF in a wrong way, it was too early to say that this was a reversal in pattern because simply there wasn't enough days of the original pattern, but orders were not exceuted since I mentioned that buying orders in the EUR/USD only when breaking yesterday's High at 1.2371 which didn't happen "Thanks God for that"
Sharing forex thoughts.
Blog Archive
-
►
2008
(1)
- ► 04/06 - 04/13 (1)
-
►
2007
(22)
- ► 10/07 - 10/14 (1)
- ► 09/16 - 09/23 (3)
- ► 04/01 - 04/08 (2)
- ► 02/25 - 03/04 (2)
- ► 02/18 - 02/25 (7)
- ► 01/28 - 02/04 (2)
- ► 01/14 - 01/21 (1)
- ► 01/07 - 01/14 (4)
-
►
2006
(45)
- ► 12/31 - 01/07 (1)
- ► 11/05 - 11/12 (1)
- ► 10/29 - 11/05 (11)
- ► 10/22 - 10/29 (22)
- ► 10/15 - 10/22 (2)
- ► 04/16 - 04/23 (1)
- ► 02/12 - 02/19 (7)
-
▼
2005
(196)
- ► 10/09 - 10/16 (1)
- ► 08/28 - 09/04 (1)
- ► 08/21 - 08/28 (8)
-
▼
08/14 - 08/21
(30)
- Daily Bible Verse
- The Good news Part 3
- Site stats
- Inverted hammer formation in the EUR/JPY daily candle
- Eur/Usd analysis for 18th August 2005
- GBP/USD analysis for 18th August 2005
- Short term bearish movement confirmed in the cable
- GBP/USD Analysis for tomorrow
- Weekly chart of the EUR/USD
- Eur/Usd analysis for tomorrow
- The Good News .....Part 2
- EUR/USD moved exactly the opposite of what i sugge...
- Daily bible verse
- About the Bible verses in this blog
- Orders were not executed and my analysis yesterday...
- shooting star in the USD/CHF daily chart
- Hammer formation in the EUR/USD daily chart.
- The Good News Part 1
- Comments are always welcomed
- Shaven head in the GBP/USD daily chart confirmed
- Tweezer top formation in the EUR/USD weekly chart
- Daily Bible Verse
- British Pound/US Dollar From SaxoBank.com
- Shaven head in the GBP/USD daily chart
- Shaven Head
- Daily Bible Verse
- Daily Quote
- USD/CHF daily chart
- Inverted hammer in the USD/CHF confirmed
- Hanging man confirmed in the EUR/USD chart
- ► 08/07 - 08/14 (5)
- ► 07/31 - 08/07 (16)
- ► 07/24 - 07/31 (18)
- ► 07/17 - 07/24 (14)
- ► 07/10 - 07/17 (3)
- ► 07/03 - 07/10 (19)
- ► 06/26 - 07/03 (3)
- ► 06/12 - 06/19 (1)
- ► 06/05 - 06/12 (4)
- ► 05/29 - 06/05 (4)
- ► 05/22 - 05/29 (3)
- ► 05/15 - 05/22 (6)
- ► 05/08 - 05/15 (3)
- ► 05/01 - 05/08 (11)
- ► 04/24 - 05/01 (33)
- ► 04/17 - 04/24 (13)
Labels
- Carry Strategy 1 (1)
- Carry Strategy 4 (2)
- forex (2)
- Forex Market Update (7)
- GBP/USD (4)
- Market Update (24)
- Metatrader 4 Indicators (2)
11 comments:
Hey Forexantor, you sound like your new to candles... I recommend you play the candles as you read them, However, I would advise you read them on EST time (NY time) since that is what everyone else who uses the candles does..
I would also strongly advise you to use Technical analysis as well.....
By using the different timezone, you are totally screwing your candles...
Also, you cannot play for 10 to 50 pip plays. You will get slaughtered when you get one of these trades going against you a 100 or more pips.
I would recommend that your target profit should relate to the resistance levels in the charts from TA, also the amount that you trade in any position should be related to the probability that your trade will be a winner...
If your making new highs and you see a nice hang man (no wick) and your shorting it, that would be 100% trade for example. Here, if i saw a hang man I would think about 20%.
good luck
sickandtwistedrunkguy (OANDA dude - same guy with the 3rd comment: http://www.blogger.com/comment.g?blogID=12235119&postID=112426607479295252)
i will get an oanda id and post these comments there later
Thanks for explanation and you comment.
I am always doing my analysis on the Metatrader 4 platform which uses a +2 GMT timezone, I made a lot of back testing because you know Metatrader can give you market prices from at least 1989 so this is sufficient for anyone wanting to back test anything. but Oanda platform which is my broker don't offer such a historical market prices, so I can't depend on analysing on it.
Anyways I think candle sticks are candlesticks weather you are on any platform, or at least in most platform, although sometimes I get unreliable results on the +7 GMT timezone platforms.
Good luck to you all.
Hi Forexen or, There are not too many good free forex ebooks related sites that aren't full of junk posts, search engine scraping and except for keyword stuffing, nothing useful related to free forex ebooks. It was nice to find an exception today when I happened upon your site. Keep it going.
Hi Forexen or, I was searching online for some free forex ebooks related sites and a I came across your post. I normally don't take the time to look at blogs but today I made an exception. After searching for about an hour for free forex ebooks it is nice to find a post that is helpful. Thanks.
Hi Forexen or, As you are probably aware, there are so many junk filled blogs. As I was searching for forex ebooks related information today, it was a nice break from the 'usual' to come across your blog. I am happy I searched for forex ebooks related ideas today. Thanks.
Hi Forexen or, I was searching online for some free forex strategies related sites and a I came across your post. I normally don't take the time to look at blogs but today I made an exception. After searching for about an hour for free forex strategies it is nice to find a post that is helpful. Thanks.
Hi Forexen or, As you are probably aware, there are so many junk filled blogs. As I was searching for free forex strategies related information today, it was a nice break from the 'usual' to come across your blog. I am happy I searched for free forex strategies related ideas today. Thanks.
Hi Forexen or, I was searching online for some free forex strategies related sites and a I came across your post. I normally don't take the time to look at blogs but today I made an exception. After searching for about an hour for free forex strategies it is nice to find a post that is helpful. Thanks.
Hi Forexen or, There are not too many good forex trading ebooks related sites that aren't full of junk posts, search engine scraping and except for keyword stuffing, nothing useful related to forex trading ebooks. It was nice to find an exception today when I happened upon your site. Keep it going.
Hi Forexen or. So many sites I visited today, while looking for free forex strategy pages to post to my blog, were full of garbage. It was nice to find something real at your site. Well, I better go look for some more free forex strategy pages for my own readers. Thanks.
Hi Forexen or. So many sites I visited today, while looking for forex ebooks pages to post to my blog, were full of garbage. It was nice to find something real at your site. Well, I better go look for some more forex ebooks pages for my own readers. Thanks.
Post a Comment