Printable View
EurNzd Daily Analysis
My analysis is that price is sitting on strong support from June 2013, and the retest as failed. As such, I'm already in a long position for this pair, and I think this is a trade. As usual, there may be some pullback as can happen. It is likely that price is all about to jump over the 9 EMA and also make it support instead of resistance. I was thinking around 1.6500 would be the place to move the trade to BE.
https://www.forexforum.co.za/attachm...1651914794.jpg
GbpCad Daily Analysis
there's a Bullish Harami formed, which makes this a great buy trade now. I think that I am going to do that as soon as I finish this analysis. Long trade looking great now to take here.
https://www.forexforum.co.za/attachm...1038354091.jpg
Okay.. I'll do you more tonight....
GbpJpy Daily Analysis -
Bar shut right up from the 50 EMA which makes me reluctant to want to take this trade any higher. 4hr chart is. In case you've got a good method to get you right into transactions, see if you find yourself with a brief signal on the 1hr or 4hr pubs as that is my bias, but as for me, I think that things are not clear enough to me to observe a clear trading direction and it might be better to just find a different pair having more potential now. I think I will stick out.
https://www.forexforum.co.za/attachm...3188784798.jpg
https://www.forexforum.co.za/attachm...2040110099.jpg
Finally! Somebody that likes the daily charts! Even though I do trade intraday, I will only trade markets which activate their signs (if any) on daily charts.
Thank you for starting the thread!
Rob
This appears to be idea and a fantastic formula. I really like the daily charts myself. They can add leadership to everything I do, and no matter how much time I've, I have time to give some analysis of the daily charts. I hope that you can join me with with a few daily chart analysis and we can grow this item. I am aware that there are more people out there, it will take some time.
I additionally exchange intraday, but am getting to there as well, where I would rather have my trades activate on the daily chart, than on other charts. It was interesting that you brought that up and you exchange that manner. I believe I would trade like this than sitting around trading a 5m chart daily!
I expect that you can make this thread a regular posting sight, to share what you see, and how you would exchange it. . If you'd trade it.
Thank you for stopping by. You made my weekend so far!
Damon
with regard to eur nzd ,and trading daily generally you may find its better to stay in tune with another tf up like a week
even your own system reveals strong down momentum ,using a really large bear d1 22 oct
https://www.forexforum.co.za/attachm...9240201235.jpgQuote:
Originally Posted by ;
should you look to the past after such a market off ,the energy of chance is that the next candle will be negative ,probably a downtrend will form ,
at a nut shell up any with this new month can only be a retrace
https://www.forexforum.co.za/attachm...1130999769.jpg
this down movement in EURNZD imho is more of a retrace then continue to move UP.Quote:
Originally Posted by ;
But I will wait for confirmation Daily interval to go into long. Might go down for some pips more
I'm sort of with you on this one. I do not see any signs of support breaking. But resistance is also getting lower and lower. For the moment, I'm in a brief, and price will probably push directly through, and when not, I'll take up it. Believe it or not. I do not think now is the opportunity to get all ones information from a daily bar, as the range is about one daily bar. Following the wave is the best way to exchange it at this time.Quote:
Originally Posted by ;
Thanks guys I will try to be about more often. Maybe this thing will really develop into something!
Right on.... I love to get the view point of their weekly and yearly time frames. A crucial thing to never miss. Particularly if one understands anything about price action, candlestick formations, and s/r.
GbpCad Analysis
The daily pub is difficult to see since it ended as a hammer signifying an upward movement. The 4hr chart obviously tells me the opportunity to acquire in this transaction is now, and the way is long. See you on top!
https://www.forexforum.co.za/attachm...2102569104.jpg
https://www.forexforum.co.za/attachm...1018487483.jpg
And there she goes....down for some more pips...Quote:
Originally Posted by ;
I actually have not gotten my long signal yet, so I haven't entered long. It does however seem it is going to need to go that way. Follow your machine...Quote:
Originally Posted by ;
The lower, the better to buyQuote:
Originally Posted by ;
you could be right ,however the risk in buying a change here are huge ,in the event that you said thats number 3 near candle every month ,we may see like the past but it might just be consolidation ,according to odds ,
https://www.forexforum.co.za/attachm...1596241321.jpgQuote:
Originally Posted by ;
https://www.forexforum.co.za/attachm...1995355709.jpg
Hello: It is nice to meet with every one of you.
I am hoping to create something strong here.
I started this thread since I have very little time to trade reduced tf's, and once I do, I've narrowed it down to trading just one pair, using one platform, which I like, and it is extremely powerful for me. The pairs I attempt to trade the worse, on the tf's I end up doing. However, there is chance by taking a look at the bars.
This thread is for others like me who are interested in sharing analysis on d1 bars for trading. I would like it if folks could keep this thread free of their transactions and analysis on 15m, 30m, 1hr, etc.. The purpose of this thread would be for daily bar analysis, just. This doesn't necessarily mean that you shouldn't place a chart if it helps in your analysis of the bar. I wish to refrain from getting people place there trades off reduced tf's. Charts from tf's that help in your daily pub analysis are of course acceptable.
Everything I would also prefer to have happen is that not only do we post our daily analysis on pairs, but that we take a look at what others have posted, and have a look at the analysis which they did. There are quite nice ways to say that you see things differently (if you do in fact see things differently), or that your trade could be too risky for you to take, etc.,. Together, we can help make each other traders.
I currently watch 15 pairs around the daily bar, which is too many for me to test within this thread. Perhaps, individuals could commit to performing a daily analysis nightly on a couple of pairs. An analysis could be a chart and now is a day for a trade, or just a chart and that now it is much better to stay away. Really the simpler the better. If everyone does a little bit, we all can get in on the great trades, and stay out of the bad ones.
If you're considering building a commnt to studying a pair or two on a regular basis, and also giving a review or two of the following analysis, can you let me know, and select the pair/pairs you would like to test. Remember that the point of the review isn't to find something wrong with somebody else's analysis, but to rescue them some other member in our analysis team from building a trade off the analysis which will be a lousy trade, or overlook a trade which would be a fantastic trade. Make sense? Kind of like only re-checking someones work as a means to have the back of everyone.
Perhaps, together, we can turn our team into a pip making machine. What do you think? It might require a little time and getting used to and comfortable with each other, but I think that more heads are better than mine. . Lol
So, I will begin it out and say that I will analyze EurNzd, and GbpCad. I've become very fond of both of these pairs because of late. I utilize FXCM, and so my daily pub begins at 4PM CST. I will attempt to get my analysis up really but occasionally, I will be late do to volunteer commnts.
BTW... you also do not have to make a commnt to post charts and give us an analysis off a daily chart. Don't hesitate to be among us, even in the event that you make no daily devotion.
Anyone searching for a method to help enter transactions based on what your daily analysis might be may prefer this entrance method: https://www.forexforum.co.za/trading...newbi-log.html
So, who else is inside?
- EurNzd/GbpCad