A few major pairs (EURUSD, USDJPY, GBPUSD, etc) are indicating a reversal, pullback or breakout at 4:00 GMT (H4 timeframe: +/- 4hrs ) tomorrow. We'll mark this period now with a vertical line on the H4 chart and wait for a buy/sell confirmation tomorrow.
Best Wishes and Happy Trading
“The time factor and time periods are most important in determining a change in trend because time can over balance price, and when the time is up the volume of sales will increase and force prices higher or lower” - W.D. Gann
Thursday, January 7, 2010
Tuesday, January 5, 2010
5/1/2010 AUD/USD Free Time Signal
Today's AUDUSD Reversal/Pullback/Breakout intraday time signal(s) is(are) at:
1. 9:00 GMT (timeframe: +/- 1hr)
As usual, we'll look out for a pinbar, inside bar or outside bar around the time signals on the timeframe mentioned and place our orders accordingly. If the patterns do not give out a clear buy/sell signal then we may want to wait for a better signal. Click HERE to learn to trade these signals.
Best wishes and Happy Trading
1. 9:00 GMT (timeframe: +/- 1hr)
As usual, we'll look out for a pinbar, inside bar or outside bar around the time signals on the timeframe mentioned and place our orders accordingly. If the patterns do not give out a clear buy/sell signal then we may want to wait for a better signal. Click HERE to learn to trade these signals.
Best wishes and Happy Trading
Result: 4/1/2010 AUD/USD Free Time Signal
The indicators were suggesting a short on the M30 chart but with price resting right above the weekly and monthly fibo, any shorts taken would have hit the SL by now. A sell with a stop placed right above the Time Signal would have resulted in about -20pips.
This rarely happen during a time signal but in such cases we just have to read and follow what the market spells out and accept a small loss.
This rarely happen during a time signal but in such cases we just have to read and follow what the market spells out and accept a small loss.
Monday, January 4, 2010
4/1/2010 AUD/USD Free Time Signal
Today's AUDUSD Reversal/Pullback/Breakout time signal(s) is (are) at:
1. 16:00 GMT (timeframe: +/- 4hr)
2. 21:30 GMT (timeframe: +/- 1hr)
Look for a pinbar, inside bar or outside bar around the time signals on the timeframe mentioned . Click HERE to learn to trade these signals.
Best Wishes
1. 16:00 GMT (timeframe: +/- 4hr)
2. 21:30 GMT (timeframe: +/- 1hr)
Look for a pinbar, inside bar or outside bar around the time signals on the timeframe mentioned . Click HERE to learn to trade these signals.
Best Wishes
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