Hi CF.... Ive been having some success gagueing the day's direction by drawing extensive trendlines......yesterday I saw the upward energy toward 15660 as a high and 15530 as a low....saw the upward strength was current but didnt think (or feel...) the strength of the down energy was as strong as it would turn out to be.... so right now, as a result....yesterdays movement seems to me like a signal....telling us how 'strong' the downward energy still is....and the trendline picture Ive been drawing does indicate key convergence points in some lower areas in the coming days and into next week and early june as well...... along with the upward energy pointing to the 157 area. my mistake yesterday was just a little off the mark in that I underestimated the strength of the down energy..... its still there and needs respect. what was (in my mind...) very interesting about yesterday's candlestick (daily)....is the way it connects (very similar looking ) and precisely connects in a parrallel line to the may5/6....New Moon day..... which on an esooteric level....if it means anything about 'energies' represents a new pattern of energy..... and not to get too into the topic here, but to say ...that its possible that if we are seeing a ...'new wave' of PA.... whether thats a reaction to the drop down from 160....the next wave somewhere.....I would surmise that whatever shape it takes ....may be strongly connected ,or take its flow pattern from or in relation to the may 5 new moon day as you see it in the chart.... so as an idea... I am going to try and focus a bit more on this days key points (high,low,open,close,etc) and all major lines going through these points on this day to see what the trendline patterns look like. ..... at the very least I might surmise that the high and low for the may 5/6 new moon...may turn out to be key S/R points....until the next new moon does something..... one thing I saw in my last big trendline picture is that the PA energy is building up and moving towatds a big convergence point around june 5..... the next new moon is around that time.... just some food for thought. anyone noticing anything about new moon energy ? As an astrologer,myself, ...its hard for me not to wonder about it. I got inspired about it because Feb 7 was a new moon Eclipse day....which would suggest major energy trend to watch and if you look at the daily chart ....thats the day the big ascent to 160 began..... seems interesting to me....
Yoohoo,....when you look at candlesticks....looking at the big picture.... do you place any interest in curious things....like this little spot...looks very curious to me...and I keep thinking it means something....like certainly pointing in a direction but where....and when.... do these odd things come into play in your experience?
Tom, InteractiveCharts at http://www.fxstreet.com are very good if you want some free Java based charting in addition to Oanda (which charting really sucks).