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Old 08-16-05, 09:40 AM
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Re: Shaven head in the GBP/USD daily chart.

Quote:
Originally Posted by united46
forexenator

Just reading your blog and wondered about your thoughts on a point. In your comment about euro and cable you mention candle patterns, tweezer top and shaven head. When I looked at my charts, these formations were not apparent, I then checked two other data sources, neither of which showed the formations.

Obviously, this is one problem in the forex market, no centralised exchange with firm prices.

My question therefore is, how much confidence do you have in your candle signals given this potential problem?

Thanks

United
I am using Metatrader 4 software and I think it is on +2 GMT timeframe, please check my blog now for the confirmation of the shaven head, i posted for you a screenshot http://forexenator.blogspot.com/2005...-chart_16.html
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