Blog Patrol Counter

Tuesday, June 8, 2010

Pre Asia



I happen to be at the computer and heard the audio alert, so I opened the charts had yellow and saw price was pushing down and about to bounce off the 50sma 5min so i took the buy at 57 +4.

Monday, June 7, 2010

Doji Hammers & Double Stack Candles Patterns!!!


-These doji hammers clearly show reversals in price, usually you can grab some pips once these have formed.













-Next you can see the two side by side candles form a double stack and the top wicks form a sort of tweeser top, showing reversals in price.

#10-12


10-yellow priced stretched and i shorted +4
11-again took another short from the same area as before +4
12-same trade again but we are getting at the end of london so i wanted out quickly as this likes to reverse up and become unpredictable +3

I found this session difficult to read as there was no solid trend for the session instead the yellows proved to provied solid quick in and out pips.

#7-9


7-got yellow took the buy +4
8-again yellow +3
9-shorted off the stall +4

#3-6


3-i saw the overall trend was down had just tested 17 so a pullback up to short back into the move. Was up 5 pips and did not close thinking it would break down into the 20's. instead it rev. up on me exited -4
4-shorted again, same mindset damn if it did not bite me again -4
5-took the short again from the same area in trade #2 +5
6-same trade but quicker as it seemed the price was obv. trying to rev. up again. tough to read in here +3

NY #1,2


1-I sensed a small rev. here +3
2-pushed up higher the overall trend seems to be reversing down +7