![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqxjLdHiltfL_fKCnOBEWGefLQkxXD_aoNTQAFj14wis3glDmcF4SjddaYAlA_DADIdA7Z8tpJC5ReWUNDyq1Ww5s4rc2z5z0rRHDFGGjemLZgOgRKEZwOzxnrj51wY_F6EaVHIox6b60/s320/USD+CAD+copy.jpg)
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Monday, September 28, 2009
Morning Star Formation Spotted
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqxjLdHiltfL_fKCnOBEWGefLQkxXD_aoNTQAFj14wis3glDmcF4SjddaYAlA_DADIdA7Z8tpJC5ReWUNDyq1Ww5s4rc2z5z0rRHDFGGjemLZgOgRKEZwOzxnrj51wY_F6EaVHIox6b60/s320/USD+CAD+copy.jpg)
Hi All...
Here is an example of a "Morning Star Formation" which was spotted last week, too bad I was not trading last week as some foreseen circumstances have occur...nevertheless, I just wanted to show you the depth & possibility of recognizing such candlestick pattern & what it can do for us in determining our deciscion in placing a trade...We would have easily made 200 pips...
Too Bad I missed that one...
"Optimism means expecting the best, but confidence means knowing how you will handle the worst. Never make a move if you are merely optimistic"
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