Comments on: Forex Signals – EUR/USD Bulls Force Consolidation

By: Letizia

Letizia — Wed, 10 Feb 2010 10:11:54 +0000

Guess this is just a retracement… I am looking for 1.26!
Btw, you may take look at my free forex signal blog: http://juicy-forex-signals.blogspot.com/

By: piphut

piphut — Wed, 10 Feb 2010 07:05:42 +0000

Generally for a master candle trade you need to have 4 consecutive candles AFTER the master candle. On most GMT chart packages we are still in the 3rd candle (meaning we have to finish this candle and then wait 4 more hours) and on GMT+1 charting packages we are in 4th candle now but it hasn’t closed.

So.. I like your idea but I personally would wait until the close of the 4th candle to verify the trade.

By: Babyfaceodus (Nigeria)

Babyfaceodus (Nigeria) — Wed, 10 Feb 2010 06:53:25 +0000

Mark, I think we have a ‘master candle’ on the H4 chart and the hammer candle on the daily chart is still valid which might lead us to 1.3850. So i will like to buy @ 1.3745 tp 1.3830 or sell from 1.3860 tp 1.3687 or both. Mark, Please advise

By: piphut

piphut — Wed, 10 Feb 2010 06:16:07 +0000

Zar, give it a try now. It should work.

By: ZAR

ZAR — Wed, 10 Feb 2010 05:01:29 +0000

Mark, please help??
I still cant log into the forums? My user name is Juan?
Am I doing something wrong?
I want to ask you something on a graph(gold)?
Thank you Mark for everything!
REALLY GREAT WEBSITE

By: Fábio

Fábio — Wed, 10 Feb 2010 02:09:02 +0000

Or maybe an attempt to the daily resistance 1.3860 and sell from there on candle confirmation.

By: Fábio

Fábio — Wed, 10 Feb 2010 01:35:12 +0000

I don’t think so, but if so, it maybe can be considered as a reversal, for now.

Thursday and Friday will be 2 big days on fundamentals for Euro and Dollar.

Now volatility is low, I’m “Sitting on the fence”… Waiting for some good reliable signal..

By: Matthew

Matthew — Wed, 10 Feb 2010 00:57:26 +0000

Cool deal, I had Mark prediction in mind but never thought it would happen that fast. But anything can happen.. Patience is definitely important. :)

By: ifan

ifan — Wed, 10 Feb 2010 00:14:36 +0000

I’m wondering… since 1.3775 broken..
Will it go for another run to 1.3920 area ..

By: ifan

ifan — Wed, 10 Feb 2010 00:03:43 +0000

thx Matthew.. true its quite unexpected move.. But I already take precaution of that event when the first jump happened. got a feeling that Mark’s warning of a 1.3850 retracement would happen. Also a tip from Hendrik (thanks Hendrik).. so i got out (and went to bed).. considered it as my own training of patience