Invincibility lies in the defence, the possibility of victory in the attack
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Daily Chart 3-Candle 1,351 replies
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DislikedI have taken the usd cad short from Saturdays analysis ,this morning,I know this can be a cheeky pair but ....
Could have to wait for sell higher up.Ignored
DislikedHi silver, I just have had the idea to look at the dow jones industrial index and the S&P500, both weekly charts give me a bullish engulfing candle :-)
We now, that dollar moves opposite direction of dow jones and S&P500Ignored
DislikedPeaches, if you combine the bars you highlighted, you'll get a... W2 pinbar!Ignored
Dislikedhi all, peaches, bones and hussin and everyone on here...been a little while i posted here, good to see that bones is back.
for EURUSD PAIR, i am bullish on this pair till 1.3092 seeing that as a resistance level , which is the high of daily candle of 9th of february.
so am i right or wrong about this? advices highly welcomed.Ignored
Dislikedbut pinbars are not traded in this thread, it is for daily candlestick analysis only as thread title says
there are many pinbar threads in forex factory that you can join and share with others
Thanks for understandingIgnored
DislikedI thought D1 analysis includes candlestick patterns too...Pinbar is a hammer/shooting star (depending on where it occurs).
When you "combine" (i.e. read as one) two D1 candles you get a D2 candle (same principle applies to any TF). Why would someone ignore strong reversal patterns when performing an analysis?..Ignored
Disliked[b]halo peaches, thanx for helping me out.
at the moment, i am looking closely at the GBPUSD....Ignored
DislikedHi bj,
first, I think one lesson I have learned since spring 2007 ....
..
Ohh...sorry, so much writing.Ignored
DislikedHi Forex2007,
We don’t ignore these signals just label them differently I suppose. A two day pin bar as you put it is already a pattern that has been used for over 400 years a Piercing Line or Dark Cloud cover as we would label in this room.Ignored