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Author Topic: Kijun Sen cross on EurChf  (Read 621 times)
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forextitbits.com
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« on: November 18, 2010, 09:01:51 AM »

Hello All,

I've attached a daily chart of EurChf. Price croosed the kijun sen today. Assuming we have a close of the daily candle above the kijun sen, I would usually wait for a tenkan sen cross over a bullish kumo to go long. The kumo turns bullish on the 24th of November and the chikou span is above price, for now.

From interacting with Amy on another thread, I know she favours price clearing the previous chikou and the line from Span A to Span A(or B in a downtrend).

Does anyone use another anchor that I have not mentioned?

Hope to hear your thoughts.
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Amy
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« Reply #1 on: November 18, 2010, 12:16:51 PM »

What worries me is that in EURUSD the Chikou is under price curve and EURGBP is bearish (wave 4 downtrend to be completed).
These signs suggest that the euro is having some resistance (see e.g. EURCHF 4h and weekly) that will last for a while.

By the way, sorry to disappoint, but Amy is he, not she..
 
LUCK
 
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forextitbits.com
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« Reply #2 on: November 18, 2010, 01:02:06 PM »

What worries me is that in EURUSD the Chikou is under price curve and EURGBP is bearish (wave 4 downtrend to be completed).
These signs suggest that the euro is having some resistance (see e.g. EURCHF 4h and weekly) that will last for a while.

By the way, sorry to disappoint, but Amy is he, not she..
 
LUCK
 

Amy is a he !!!!!!!  I'm heartbroken  Cheesy

Thanks for your response. I'll see where the other pairs are, if eurchf gives me a perfect set up.

Anyone else?
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sunman4008
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« Reply #3 on: December 21, 2010, 04:11:01 PM »

Hello,

Everything is correctly stated.   When the TS crosses the KS, price should be above the previous Chikou.   

-Manesh
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