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Daily candle chart

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  • Post #17,321
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  • Sep 30, 2020 5:31am Sep 30, 2020 5:31am
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,570 Posts
again repeat for patterns
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  • Post #17,322
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  • Sep 30, 2020 5:33am Sep 30, 2020 5:33am
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,570 Posts
Quoting hussin naiji
Disliked
{quote} last changes for daily candle chart EURUSD. a Kabuse {image}
Ignored
The time is right to say good bye to 1.17
 
 
  • Post #17,323
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  • Oct 1, 2020 11:56am Oct 1, 2020 11:56am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,295 Posts
I think this daily could be trustworthy
anyway It's bearish under 13050 I'm looking for the signal
side movement on weekly
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#doyourownanalysisordietryin
 
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  • Post #17,324
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  • Edited Oct 3, 2020 10:57am Oct 2, 2020 5:20pm | Edited Oct 3, 2020 10:57am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,295 Posts
Tell you how I read the long wick candle marking the very low ,is its not an outright bottom...like that.I think it's important to considerer it now, but it a rare candle.
With very high tf patience is needed ,it broke already to downside.
Look at the long legged candle top before, how many 4 week candle to make the move it intends, with the same sort of trend as before.
To my eye that looks an even more bearish print ,the candle we're in can be bullish looking and maintain the same view.But super bullish can change things.

This 4 week candle close next week, it's going to struggle to go back into a wick like that without lower imo.Thats exactly what I said at the start of the year on the other candle.
So next week close number is important to me ,with regard to outlook.I'm looking for the 8 week to be neutral or negative, and will judge that.
I'm not trading these charts but it's much easier to see what could be occurring.
It's much easier to read the type of tf you would trade with a correct wider outlook. I like this 4 week which offsets close time of the monthly posted.
It's not governed by full moons...
Lower wick to monthly can only mean retrace, its up against a huge move up.This is a large reversal candle off major, including tl.

The monthly cannot recover in all probability its a question of timing.D1 signals are ideal ,then this kind of chart can give you more idea what they mean,
I'm not trying to convince anyone =thats just my view of what we look at and why.It's range bound ,heading to the lower boundary or lower at least.
Like a bouncy ball in a box.

I'm describing top down approach but bottom TF up is also a required skill, which clearly Hussin carries super powers on .{Very high experience}
Hussin has warned about considering the amount of fall and appearance of daily candles ,I can add to that comment by considering the market condition of the day, as range, against super up.
Anyone can be wrong including all those I would call mentors.
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#doyourownanalysisordietryin
 
 
  • Post #17,325
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  • Oct 2, 2020 9:48pm Oct 2, 2020 9:48pm
  •  tradpat
  • | Joined Jul 2010 | Status: I LOVE MACD | 511 Posts
A very beautiful pin bar seen
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  • Post #17,326
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  • Oct 2, 2020 10:08pm Oct 2, 2020 10:08pm
  •  tradpat
  • | Joined Jul 2010 | Status: I LOVE MACD | 511 Posts
If you missed a week ago 2 pin bars down
Then try this coming Monday as a pin is surfaced yesterday
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  • Post #17,327
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  • Oct 2, 2020 10:34pm Oct 2, 2020 10:34pm
  •  tradpat
  • | Joined Jul 2010 | Status: I LOVE MACD | 511 Posts
A pin bar seen @ USDCNH
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  • Post #17,328
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  • Oct 3, 2020 11:00am Oct 3, 2020 11:00am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,295 Posts
the dow is the same story as cable
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#doyourownanalysisordietryin
 
 
  • Post #17,329
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  • Oct 7, 2020 6:39am Oct 7, 2020 6:39am
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,570 Posts
Quoting tradpat
Disliked
A very beautiful pin bar seen {image}
Ignored
well come to you
 
 
  • Post #17,330
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  • Oct 7, 2020 6:47am Oct 7, 2020 6:47am
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,570 Posts
Quoting hussin naiji
Disliked
{quote} If you want easy money only look at Indices future . The equation is simple Indices future up= DXY down Indices future down= DXY UP We have the US election ahead of us , During this time the Indices future is with high Volatility. therefor we will see A series spinning tops or high waves or doji in the future
Ignored
I have said in the past week therefor This makes analysis difficult
 
 
  • Post #17,331
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  • Oct 7, 2020 6:48am Oct 7, 2020 6:48am
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,570 Posts
Quoting hussin naiji
Disliked
{quote} I have said in the past week therefor This makes analysis difficult
Ignored
for daily candle chart GBPUSD
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  • Post #17,332
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  • Oct 7, 2020 7:05am Oct 7, 2020 7:05am
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,570 Posts
Quoting hussin naiji
Disliked
{quote} for daily candle chart GBPUSD {image}
Ignored
for weekly candle chart GBPUSD
this is a continuation pattern we have seen in the past weeks
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  • Post #17,333
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  • Oct 7, 2020 7:14am Oct 7, 2020 7:14am
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,570 Posts
Quoting Bones
Disliked
I think this daily could be trustworthy anyway It's bearish under 13050 I'm looking for the signal side movement on weekly {image} {image}
Ignored
you are right
 
 
  • Post #17,334
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  • Edited at 8:14am Oct 7, 2020 7:49am | Edited at 8:14am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,295 Posts
Quoting hussin naiji
Disliked
{quote} for weekly candle chart GBPUSD this is a continuation pattern we have seen in the past weeks {image} {image}
Ignored
Yes thats how I see it Hussin like the one to the left but bearish consolidation ,since the last move is down.Maybe this week is small, red
like your other example
ugly pa right now, but daily gives signal
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#doyourownanalysisordietryin
 
 
  • Post #17,335
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  • Oct 7, 2020 2:58pm Oct 7, 2020 2:58pm
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,295 Posts
the candle I'm looking at is the engulf as real
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#doyourownanalysisordietryin
 
 
  • Post #17,336
  • Quote
  • Oct 7, 2020 3:04pm Oct 7, 2020 3:04pm
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,295 Posts
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Name: 07 oct DJI-Weekly.png
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#doyourownanalysisordietryin
 
 
  • Post #17,337
  • Quote
  • Oct 8, 2020 5:53am Oct 8, 2020 5:53am
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,570 Posts
H4 candle chart DXY
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  • Post #17,338
  • Quote
  • Oct 8, 2020 5:55am Oct 8, 2020 5:55am
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,570 Posts
Quoting hussin naiji
Disliked
H4 candle chart GBPUSD {image}
Ignored
daily candle chart DXY now
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  • Post #17,339
  • Quote
  • Oct 8, 2020 6:01am Oct 8, 2020 6:01am
  •  hussin naiji
  • Joined Nov 2007 | Status: beginner | 7,570 Posts
GBPUSD
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1
  • Post #17,340
  • Quote
  • Oct 8, 2020 6:17am Oct 8, 2020 6:17am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,295 Posts
yea ,end of pull back
,see h4
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Name: 01 GBPUSD-4-hours.png
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#doyourownanalysisordietryin
 
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