As you are aware I had 2 long trades with eurodollar recently. All turned out well. If this chart 
can tell you something new I'll be happy. Just have a look at it, think and try to spot the difference between star formations. We can then talk about your findings.
can tell you something new I'll be happy. Just have a look at it, think and try to spot the difference between star formations. We can then talk about your findings.And another chart showing the current loonie's price against the greenback. I marked 2 stars - in the recent past and last day's one. Classics teach us - long-tailed doji's in themselves show intensified market battle but as an isolated formation they still bear two outcomes. Thus, classics tell us to watch out for doji's neighbours. 
2 comments:
Ahhhh, Tamara, You have been busy this morning. I was right on the Cad, wasn't I. Actually, if you draw that same trendline that I drew on the 4 hr Cad that I emailed to you, that new star you are talking about is actually a test of the top of that trendline.
Jim
Tamkras,(2015 EDT)
I feel the same way about teaching our children Forex (I have 5 !). It is my hope that I too can teach them one day so that they can be independant.
As far as the EUR/$(daily), I see that the swing high on 2/27/07 was 1.3258, the swing low on 3/26/07 was 1.3253 and your candle on 6/13/07 had a swing low of 1.3262! Do we have an "ABC 3 step" here to go long?
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