Here are my comments on your analysis:
USD/CHF
Monthly, there is long engulfing pattern in the end of 2009,
Price still below MBB. It looks like PA is going up, but PA is kind flatly a bit - Agreed
Weekly uptrend, down trendline that that runs from march 2009 has been broken in Junyary.- Agreed, good catch of that broken downtrend line
is daily chart flat? There is current extreme retracement candle. – close to flat, a very slight uptrend
4H, uptrend, PA is below MBB –yes, if PA crosses to the bottom bb, we may have a retracement against the trend. Usually the kind of entry we look for. Put a watch on this.
1H – downtrend, BB is shaped as sausage-PA just pulled off bottom bb. Contraction of upper BB. 4H in uptrend above so ok to trade by all rules. Note lower trends also in uptrend, so uptrends all around, which is also good. THIS IS AN ENTRY!! So drop down to 5M, if it is falling let it fall until it bounces off the bottom BB. Check if the 10M or 15M is falling, if so, wait till it turns up to enter. If not, enter.
30M uptrend, BB sausage, Price is above MBB-Agreed
10M, uptrend, the price is in BBe squeeze-Agreed
It is slippery.
USD/CAD
Difficult for me to say is it uptrend or downtrend? But the PA is going down. And pulling MBB down,- yes, with strong PA down, I’d call it a downtrend.
Weekly is in strong downtrend-yes
Daily downtrend but its possible PA reversal –with downtrends above and below, reversal unlikely
4H, downtrend, PA below MBB PA -yes
1H PA is in the squeeze BB, below MBB, extreme candle produced CBL line for short-for sure we want to go short, but no good entry yet.
30M, Difficult for me to say. is it uptrend or downtrend? –flat trend with strong down PA
10M downtrend, PA below MBB
we can go short
Well, everything is down. We want to get in on this with a short. But I don’t see a good entry. We will wait patiently for at least a 5M retracement entry. Flag this one for watch,
EUR/JPY
See my previous comments on this one. That 1H chart BB prevents a comfortable up entry. If it weren’t for the up trends above and below, this would be a perfect Tymen BB DNA down entry. I won’t trade against Tymen on this one. I’ll wait for that 1H chart to change shape or confirmation of down entry on lower TF’s, mainly the 15M chart.
Montlhy downtrend,
Weekly, downtrend down trend line that that runs from October 2009 hasnt been broken yet.
There is uptrend on daily chart since march 2010 and the price is in Symmetrical Triangle
4H: uptrend, we have extreme candle and good chance for the price retracement.
1Н uptrend, opposite BB contracts,
30 Min chart is in strong uptrend.
I wouldnt trade this pair
GBP/JPY
Montly downtrend, there is PA retracement
Weekly, I drew downtrend line that has been run from august 2009, it has been broken 3-4 weeks ago.
Daily chart: PA is continue to rise after 50% of retracement.
4H: PA is very closed (like 50 pips) to the Resistant line
1H, 30M: there is strong uptrend,
15 Min : PA in BB squeeze, its where the trend usually starts. The problem is will it go for retracement or it will continue to rise.
I would definitely choose this pair to trade long today.-Maybe, but look at the 1H chart PA pulling away from upper BB, lower BB contracting. If this is just a retracement, it’s good entry, but wait to make sure it’s not O-O Top BB to bottom BB action that would stop you out. Agreed that 15M chart will tell you first so watch that to signal a trade.
EUR/GBP
Monthly: uptrend, but currently PA on its way down
Weekly: PA close to support line. MBB is going down
Daily: I can see long engulfing pattern, that formed last Friday/
4H, H1: PA bounced off the Resistant line, MBB is going down
15M:MBB is going down, PA is below MBB, I’ll wait to enter short or long until
resistant level 0.8695 or support level 0.8715 is broken-It’s one of those messy cross pairs. We have an entry short here on the 1H chart, but the SL is too wide. Wait for a break down on the M15 and enter short out of a M15 squeeze.
