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Daily candle chart

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  • Post# 1
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  • First Post: Feb 12, 2008 11:43am | Edited Apr 18, 2009 12:12am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
hi all ,hereafter i will analyze daily candle chart for usdyen - eurusd - gbpusd - audusd - nzdusd and also in the end week analysis for weekly candle chart
also for more information about LFX market you can visit these links:
http://www.forexfactory.com/showpost...postcount=5796
http://www.forexfactory.com/showthre...FX#post2659526
Candles Exhaust Themselves to Give Light to Men
  • Post# 2
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  • Feb 13, 2008 3:00am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
hi all the long-legged doji is composed of long upper and lower shadows.this reflects the great indecision that exists between the bulls and the bears but we see after this daily candle (long legged doji)a negative koma .a confirmation for down ?
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Candles Exhaust Themselves to Give Light to Men
  • Post# 3
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  • Feb 13, 2008 3:09am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
in daily candle chart audusd ,this long legged doji have very power for down .we must will see next day a bearish evening star for audusd
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Candles Exhaust Themselves to Give Light to Men
  • Post# 4
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  • Feb 13, 2008 3:14am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
maybe next time a dark cloud cover ?
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Candles Exhaust Themselves to Give Light to Men
  • Post# 5
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  • Feb 14, 2008 4:55am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
hi all we must have attention on this long legged doji because show to us a downtrend for nzdusd
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Candles Exhaust Themselves to Give Light to Men
  • Post# 6
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  • Feb 15, 2008 8:05am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
hi all , chart is clear
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Candles Exhaust Themselves to Give Light to Men
  • Post# 7
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  • Feb 15, 2008 8:10am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
chart is clear
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Candles Exhaust Themselves to Give Light to Men
  • Post# 8
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  • Feb 16, 2008 8:37am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
  1. hi all after a red of murubozu (with long real body 125 p)we see a spinning top .we konw that spinning top is a sign for reversal .even we see a plus koma after spinning top for confirmation this reversal .then we see a reversal for EURUSD from 1.4450-1.4705 but if we have pay attention on long body candle A and B ,we see long body candle B less to candle A and even upper shadow conjunction with 50% fibo .i think if a daily candle close above 1.4720 ,we must will see uptrend for EURUSD if no downtrend for EURUSD


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Candles Exhaust Themselves to Give Light to Men
  • Post# 9
  • Quote
  • Feb 16, 2008 8:49am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
but weekly candle chart show to us a bullish piercing line pattern .
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Candles Exhaust Themselves to Give Light to Men
  • Post# 10
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  • Feb 16, 2008 9:17am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
after a false break and conjunction red of bozu upper shadow with 38.2% fibo (2007.12.27-2008.01.23)we see sell off (sellers pressure )for usdyen then we see a long legged doji ,i think we must will see down for usdyen below 106.80
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Candles Exhaust Themselves to Give Light to Men
  • Post# 11
  • Quote
  • Feb 16, 2008 9:48am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
we know that spinning top is kind of doji and doji is one of the most revealing signals in candlestick trading .it clearly indicates that the bulls and the bears are at an equilibrium. a state of indecision . a well founded of candlestick charts followers is that when a doji appears at the bottom of an extended downtrend requives buying signals the next day to confirm the reversal otherwise ,the weight of the market cloud take the trend lower .but im still sell on usdyen i think this spinning top is false for up
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Candles Exhaust Themselves to Give Light to Men
  • Post# 12
  • Quote
  • Feb 16, 2008 10:09am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
in daily candle chart NZDUSD ,we see a long legged doji with upper shadow 65 p(sell off) this is good sign for fall even if look to daily line chart NZDUSD ,you see confirm for down .if daily candle close above 0.7940 ,maybe we must go to bullish camp NZDUSD
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Candles Exhaust Themselves to Give Light to Men
  • Post# 13
  • Quote
  • Feb 16, 2008 10:18am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
chart is clear
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Name: weekly candle nzdusd.gif
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Candles Exhaust Themselves to Give Light to Men
  • Post# 14
  • Quote
  • Feb 16, 2008 10:27am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
whether we must will see identical three crows bearish next week ??
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Candles Exhaust Themselves to Give Light to Men
  • Post# 15
  • Quote
  • Feb 16, 2008 10:50am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
chart is clear
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Name: weekly usdchf.gif
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Candles Exhaust Themselves to Give Light to Men
  • Post# 16
  • Quote
  • Feb 16, 2008 11:00am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
chart is clear
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Name: daily gbpusd.gif
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Candles Exhaust Themselves to Give Light to Men
  • Post# 17
  • Quote
  • Feb 16, 2008 11:09am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
in weekly candle chart direction for GBPUSD is unclear but i think this pattern must have diminishable and we will see down for GBPUSD next week
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Name: weekly gbpusd.gif
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Candles Exhaust Themselves to Give Light to Men
  • Post# 18
  • Quote
  • Feb 16, 2008 11:14am
  • hussin naiji
    Joined Nov 2007 | 6,476 Posts | Status: beginner
chart is clear
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Name: weekly usdcad.gif
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Candles Exhaust Themselves to Give Light to Men
  • Post# 19
  • Quote
  • Feb 16, 2008 7:27pm | Edited at 9:41pm
  • cheelu
    Joined Sep 2007 | 181 Posts | Status: Member
Wonderful thread. I've read some of your analysis on dailyfx forum. Very insightful.
  • Post# 20
  • Quote
  • Feb 17, 2008 3:19am | Edited at 3:34am – typo
  • Doji Star
    Joined Apr 2007 | 509 Posts | Status: Member
I've always been a fan of candlestick trading, and incorporate it in my own trading as well. Thanks for all your input. I look forward to following your thread.

Doji Star
The best traders have no ego.-Tom Baldwin
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