How good are these KR days on the daily charts
AUD/USD, GBP/USD, JYP/USD, GBP/USD all had bullish KR day on the 13/07/09 all near daily support levels, I traded GBP/JYP long it moved over 400 pips to the 61.8 retrace on daily at 155.13 level.
notice how all these currencies have gone very bearish after all doing 3rd bullish candles in a row. Thanks TRO for opening my eyes to that one. so got 81.23 pips today based on going short after 3 long candles & bounce off 61.8 retrace, resistance level, & under whole number 155.00
Key Reversal & Key Continuation Days
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- ***FX-JEDI***
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- ***FX-JEDI***
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How good are these KR days on the daily charts
AUD/USD, GBP/USD, JYP/USD, GBP/USD all had bullish KR day on the 13/07/09 all near daily support levels, I traded GBP/JYP long it moved over 400 pips to the 61.8 retrace on daily at 155.13 level.
notice how all these currencies have gone very bearish after all doing 3rd bullish candles in a row. Thanks TRO for opening my eyes to that one. so got 81.23 pips today based on going short after 3 long candles & bounce off 61.8 retrace, resistance level, & under whole number 155.00
AUD/USD, GBP/USD, JYP/USD, GBP/USD all had bullish KR day on the 13/07/09 all near daily support levels, I traded GBP/JYP long it moved over 400 pips to the 61.8 retrace on daily at 155.13 level.
notice how all these currencies have gone very bearish after all doing 3rd bullish candles in a row. Thanks TRO for opening my eyes to that one. so got 81.23 pips today based on going short after 3 long candles & bounce off 61.8 retrace, resistance level, & under whole number 155.00
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- Screenshot - 16_07_2009 , 4_44_45 PM.png (154.33 KiB) Viewed 5724 times
Its better to be out of the market wishing you were in,
then being in the market wishing you were out.....
then being in the market wishing you were out.....
- ***FX-JEDI***
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I posted this screenshot quite a few days ago, in never lose again thread I think it was, Well the USD/JYP reached its daily fib convergence targets of 161.8 & 127 extensions off a bearish KR day off latest 50 fib, another big swing complete, its trending down in big swings..like a big set of waves coming in lol (yes I noticed I typed it wrong in above post, that's what happens when your in a rush...lol)
now bounced fib Ext levels with Bullish KR got to love KR days of fib levels... anyway that's what I see.
now bounced fib Ext levels with Bullish KR got to love KR days of fib levels... anyway that's what I see.
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- Screenshot - 20_06_2009 , 5_07_59 PM.png (110.87 KiB) Viewed 5719 times
Its better to be out of the market wishing you were in,
then being in the market wishing you were out.....
then being in the market wishing you were out.....
- ***FX-JEDI***
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- pablo101
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I must have 'not' pressed the submit button
I made some trades yesterday using KR days concept. Pictures say it all
BTW, is the TRO's MP KR indicator working properly? One moment it is a KR day for EU then all of a sudden it is not (and it keeps moving) and I don't mean I reading it at the end of the day/ before next day
TRO, any chance of having an indi to highlight KR on the candle itself?
Thanks to all for showing me a way to make pips!
I made some trades yesterday using KR days concept. Pictures say it all
BTW, is the TRO's MP KR indicator working properly? One moment it is a KR day for EU then all of a sudden it is not (and it keeps moving) and I don't mean I reading it at the end of the day/ before next day
TRO, any chance of having an indi to highlight KR on the candle itself?
Thanks to all for showing me a way to make pips!
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- 8-26-2009 11-58-46 PM.png (19.69 KiB) Viewed 5514 times
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- au-kr-260809-1hr.gif (22.3 KiB) Viewed 5514 times
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- au-kr-260809.gif (17.59 KiB) Viewed 5514 times
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- cad-kr-260809-1hr.gif (20.07 KiB) Viewed 5514 times
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- cad-kr-260809.gif (15.16 KiB) Viewed 5514 times
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- eu-kr-260809-1hr.gif (24.06 KiB) Viewed 5514 times
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- eu-kr-260809.gif (17.87 KiB) Viewed 5514 times
- ***FX-JEDI***
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Nice work Pablo,
the TRO KEY REVERSAL indicators show a kr on the current candle only, so of course this can change quite frequently as the current prices fluctuates, use also the TRO2009_KeyRev_History indi this one puts a bar at bottom of screen showing all previous KRs on that timeframe. its a donation indi
Not sure what you were doing with the EURO you were up 50 pips at one stage then lost 50?? so is that a failed KR reversal day?? I don't think so. but it did fail to get to its fib ext level. there was a reaction at a fib level in an HR timeframe MZ buy area, it just reacted at a 4hr & hr down zl area, just be mindful of that, it also gave a big bearish candle on hr & it also was a KR candle on hr, giving u a big warning... anyway you have done well. nice to see someone using KR days
Regards ***FX-JEDI***
the TRO KEY REVERSAL indicators show a kr on the current candle only, so of course this can change quite frequently as the current prices fluctuates, use also the TRO2009_KeyRev_History indi this one puts a bar at bottom of screen showing all previous KRs on that timeframe. its a donation indi
Not sure what you were doing with the EURO you were up 50 pips at one stage then lost 50?? so is that a failed KR reversal day?? I don't think so. but it did fail to get to its fib ext level. there was a reaction at a fib level in an HR timeframe MZ buy area, it just reacted at a 4hr & hr down zl area, just be mindful of that, it also gave a big bearish candle on hr & it also was a KR candle on hr, giving u a big warning... anyway you have done well. nice to see someone using KR days
Regards ***FX-JEDI***
Its better to be out of the market wishing you were in,
then being in the market wishing you were out.....
then being in the market wishing you were out.....
- ***FX-JEDI***
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- pablo101
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***FX-JEDI*** wrote:Nice work Pablo,
the TRO KEY REVERSAL indicators show a kr on the current candle only, so of course this can change quite frequently as the current prices fluctuates, use also the TRO2009_KeyRev_History indi this one puts a bar at bottom of screen showing all previous KRs on that timeframe. its a donation indi
Not sure what you were doing with the EURO you were up 50 pips at one stage then lost 50?? so is that a failed KR reversal day?? I don't think so. but it did fail to get to its fib ext level. there was a reaction at a fib level in an HR timeframe MZ buy area, it just reacted at a 4hr & hr down zl area, just be mindful of that, it also gave a big bearish candle on hr & it also was a KR candle on hr, giving u a big warning... anyway you have done well. nice to see someone using KR days
Regards ***FX-JEDI***
LOL, I walked away for a while and put in a catastrophic stop which evidently got hit. Yes, I read the daily candle wrong doh! it wasn't a bull KR daily candle. I plan not to make that mistake again
Thanks for the heads up on the TRO indis.
I think some people are using KR but not posting.
Yesterday was good for KR, GU, AU bullish and UC bearish. I did play EU and EJ which I thought had a long feel but overall all positive.
Thank you FX, you're a star!
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