Daily candle chart | Page 98 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, NZD/USD, USD/JPY, AUD/USD

Similar Threads

Daily Candle On Chart Indicator? 9 replies

Daily Chart 3-Candle 1,371 replies

Weekly chart with daily candle patterns 2 replies

Day's first H4 candle correlation to daily candle 14 replies

Correlation between first 4 hour candle and daily candle 1 reply

Attachments: Daily candle chart
Exit Attachments

Daily candle chart

  • #1,941
  • Aug 15, 2008 6:47am Aug 15, 2008 6:47am
Quoting hussin naiji
peaches for you
0936 GMT [Dow Jones] EUR/CHF expected to move broadly sideways with technical factors being neutral, Commerzbank says. Resistance seen at 1.6349/77. A recent low of 1.6156/71 will likely be a prop on the downside, according to the bank. The pair stands at 1.6177. (MGE)


Contact us in London. +44-20-7842-9464
[email protected]


(END) Dow Jones Newswires

August 15, 2008 05:36 ET (09:36 GMT)

thanks hussin,

I watch this close. Now last weeks bearish engulfing is playing out.

my target is 1,6140, pivot level 2, 3*30 pips so far
tom demark resistance is at 1,6150...
  • #1,942
  • Aug 15, 2008 6:51am Aug 15, 2008 6:51am
i work with candles no pinbars
but peaches you must attention that a hammer pattern is with low reliability .therebore for trade by a hammer for entrance a position you must see a healthy confirmation (doji or high wave or soinning top or small blue candle are not considerable)
  • #1,943
  • Aug 15, 2008 6:55am Aug 15, 2008 6:55am
Quoting hussin naiji
i work with candles no pinbars
but peaches you must attention that a hammer pattern is with low reliability .therebore for trade by a hammer for entrance a position you must see a healthy confirmation (doji or high wave or soinning top or small blue candle are not considerable)
maybe some traders have gone long with false hammer Wednesday on EURUSD or AUDUSD or NZDUSD
  • #1,944
  • Aug 15, 2008 6:58am Aug 15, 2008 6:58am
Quoting hussin naiji
hi titus
i have not said the pinbars have failed .i said hammer have failed
if look in daily candle chart EJ you can see difference close hammer with today price in this time .for the present hammer (wednesday ) have failed.only a daily close above 164.00 will give us a confirmation for up
ok thank you hussin,

i think i got it now how you look at it

thanks
  • #1,945
  • Aug 15, 2008 6:59am Aug 15, 2008 6:59am
Quoting howard
Hi peaches
From what level are you short eur/aud?
Is your stop above the highest spike around 1.7360?
Hi howard,

I had a bad (to early) entry again, price went heavy against me, but
it will play out. I moved my stop lower, 30 pips above last days high,
IŽll move it higher, when I`am sitting at the computer, but now
its lunch time...

  • #1,946
  • Aug 15, 2008 6:59am Aug 15, 2008 6:59am
Quote
but thats just how i have learned it, you have much more experience, so how do you determine that a hammer or pinbar has failed?

like peaches said, a retrace of a pinbar to the 50%fibo is a good point to enter a trade with a great risk:reward ratio, if the trade gets confirmations (trendline or fibo or whatever)

hammer hasn't failed until low is broken, and i love the method of entering at 50% fibo for good R:R

great
  • #1,947
  • Aug 15, 2008 7:00am Aug 15, 2008 7:00am
Quoting hussin naiji
maybe some traders have gone long with false hammer Wednesday on EURUSD or AUDUSD or NZDUSD
yes, the younger ones, who have to learn not to trade against
the weekly trend
  • #1,948
  • Aug 15, 2008 7:04am Aug 15, 2008 7:04am
a good trader with beginning week take positions and inthe end week close with green pips of course sometime maybe with red pips but a weekly candle have high reliability then daily candle.today is Friday .
i love all persons are in this thread and these persons must i repeat must have green pips in every the end week.
attention with a green pip for you i will happy and with a red pip for you i will sad.
have a nive time for you
best regards
hussin
  • #1,949
  • Aug 15, 2008 7:07am Aug 15, 2008 7:07am
Quote
hammer hasn't failed until low is broken, and i love the method of entering at 50% fibo for good R:R

great

More over, the entry of pin bar mostly is at the break of the hi except with the peaches entry method which makes so much sense so me.

I have removed my Pending order on EURCHF after entry at 1.6245 wasn't trigger. the bearish outside vertical bar on weekly have won the game

peaches should be dancing and rolling on the floor
  • #1,950
  • Aug 15, 2008 7:08am Aug 15, 2008 7:08am
Quoting Naijafx
hammer hasn't failed until low is broken, and i love the method of entering at 50% fibo for good R:R

great
hi Naijafx ,
waht is your point of view about EJ OR AJ ?
  • #1,951
  • Aug 15, 2008 7:15am Aug 15, 2008 7:15am
hammer Wednesday on EURYEN and AUDYEN and EURUSD and AUDUSD is false
we have seen a red candle previous day at least we must see a bullish engulfing pattern for today
for confirmation hammer Wednesday.
i don think we see a confirmation
  • #1,952
  • Aug 15, 2008 7:19am Aug 15, 2008 7:19am
thank you Hussin... i have been one of those terrible crazy traders...i have lost $23000 in about 3 weeks !

when i look back now at almost EVERY advice you made i would have saved that money.

the sad thing now is i'm almost on the zero figure and i'm sad that i found you and this thread recently BUT i'm happy i found you :-)

i think the 1st advice i looked at was when you said the 'hawai' trade was NZDAUD and i didn't listen because i saw the price going up and up, then the marketmaker spread was 20 pips ! so i worried i would lose everything... a few days later the move was correct you said!

i'm sure there have been many many people to have lost money recently... the emotional side of trading is absolutely unbelievable, i don't think many people have that side of trading yet, i know i have not! but i'm trying.
  • #1,953
  • Aug 15, 2008 7:39am Aug 15, 2008 7:39am
i just lost more

i think if you want to make money do the exact opposite to me and you will become rich

goodbye all, i'm not losing any more, i will take my last $1000 and go home

i feel sick, the casino won again !
  • #1,954
  • Aug 15, 2008 7:42am Aug 15, 2008 7:42am
Quoting islabonita
thank you Hussin... i have been one of those terrible crazy traders...i have lost $23000 in about 3 weeks !

when i look back now at almost EVERY advice you made i would have saved that money.

the sad thing now is i'm almost on the zero figure and i'm sad that i found you and this thread recently BUT i'm happy i found you :-)

i think the 1st advice i looked at was when you said the 'hawai' trade was NZDAUD and i didn't listen because i saw the price going up and up, then the marketmaker spread was 20 pips ! so i worried i would lose everything... a few days later the move was correct you said!

i'm sure there have been many many people to have lost money recently... the emotional side of trading is absolutely unbelievable, i don't think many people have that side of trading yet, i know i have not! but i'm trying.
thanks
  • #1,955
  • Aug 15, 2008 7:44am Aug 15, 2008 7:44am
may GOD bestow his belssing
i have gone short EURUAD last night with real 2 lot
now close $1070
  • #1,956
  • Aug 15, 2008 7:44am Aug 15, 2008 7:44am
hussin,

Look at weekly, and daily and moreover the 50% fibo. i think am still of the opinion that we might see up move only after the break of the pin bar hi on the daily chart

I'd like to know your opinion............. i respect your intelligent judgement!

Mike
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ejdly.gif Size: 29 KB
Click to Enlarge Name: ejwkly.gif Size: 23 KB
  • #1,957
  • Aug 15, 2008 7:46am Aug 15, 2008 7:46am
attention i think our winner card for next week
short AUDNZD
short EJ
short AJ
short EURUAD
wait for close weekly and with reliance with GOD
  • #1,958
  • Aug 15, 2008 7:52am Aug 15, 2008 7:52am
Quoting Naijafx
hussin,

Look at weekly, and daily and moreover the 50% fibo. i think am still of the opinion that we might see up move only after the break of the pin bar hi on the daily chart

I'd like to know your opinion............. i respect your intelligent judgement!

Mike
Naijafx
only i will see you with green pips .only this
be careful only traps
have more green pips for you my good friend
  • #1,959
  • Aug 15, 2008 7:54am Aug 15, 2008 7:54am
Quote
attention i think our winner card for next week
short AUDNZD
short EJ
short AJ
short EURUAD
wait for close weekly and with reliance with GOD

will u plz illustrate with the chart?
thanks
mike
  • #1,960
  • Aug 15, 2008 7:54am Aug 15, 2008 7:54am
Quoting islabonita
i just lost more

i think if you want to make money do the exact opposite to me and you will become rich

goodbye all, i'm not losing any more, i will take my last $1000 and go home

i feel sick, the casino won again !
hi islabonita,

may i ask how long you have been trading ?

at the beginning nearly everybody is loosing, we have to learn some important things before trading with hard earned cash

dont give up trading just because you lost some money, save your last 1000 bucks and trade on demo until you make cash
4 traders viewing now