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A powerful shooting star immediately followed by an equally powerful hammer, a rare combination that shows great indecision and usually signals strong volatility ahead...

AUD/CAD (15 min chart):


audcad2.png
 
drownpruf said:
Yeah, and you're FOS. You've produced 0/2. So any moment now will be a 1000-pip winner! Fact remains is that vol on all of the majors (and crosses) are at >5Y lows.
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Yeah the FX market is completely stale. Nothing till either Ukraine boils over or another BOJ style intervention.
 
athlonmank8 said:
Yeah the FX market is completely stale. Nothing till either Ukraine boils over or another BOJ style intervention.
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Nah, traders are waiting for the Bank of Japan meeting minutes, the US trade balance, Yellen's comments (from the FED) and the Bank of England Rate Decision (among other things), all due this week.
 
fxwannaB said:
Many exchanges, many clocks, different looking charts... good luck with your candle analysis....
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I don't use them as trading signals, I just notice them. And of course you have to use the same charting service all the time, for consistency, otherwise you will get confused.
 
xelite777 said:
I don't use them as trading signals, I just notice them. And of course you have to use the same charting service all the time, for consistency, otherwise you will get confused.
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Ok... i deleted my post as it was irrelevant, i was looking at the wrong time in the charts. Actually the discrepancies between charting providers isn't too bad.
 
fxwannaB said:
Actually the discrepancies between charting providers isn't too bad.
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It has to be that way, otherwise even a retail trader could make money all day long just profiting from these small differences, from broker to broker, around the globe.... :p
 
Respect for posting realtime calls.
I find FX really hard, and don't tend to try and trade it anymore. Bored of losing money.
CL fairly difficult, and ES taking candy from a baby!
Good luck. I'll watch with interest.
 
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