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Daily candle chart

  • #4,641
  • Feb 4, 2009 5:09pm Feb 4, 2009 5:09pm
Quoting priceaction
I would say disagreeing
Tony , you?
  • #4,642
  • Feb 4, 2009 5:10pm Feb 4, 2009 5:10pm
Quoting hussin naiji
Tony , you?
also Baz , you?
  • #4,643
  • Feb 4, 2009 5:12pm Feb 4, 2009 5:12pm
USD LFX show us confirmation for previous say
  • #4,644
  • Feb 4, 2009 5:14pm Feb 4, 2009 5:14pm
Quoting priceaction
I would say disagreeing (now I must sleep)
Good luck out there Hussin, Bones, Baz et al.
good night , but this candle is agreeable with prevous candle
in fact this candle is a inverted hammer and a confirmation for hammer
  • #4,645
  • Feb 4, 2009 5:14pm Feb 4, 2009 5:14pm
Quoting hussin naiji
also Baz , you?
From what i see,it will be BULLISH.?
yes

baz
  • #4,646
  • Feb 4, 2009 5:15pm Feb 4, 2009 5:15pm
Quoting pkimnyc
think it will agree with previous pattern.
you are right
  • #4,647
  • Feb 4, 2009 5:16pm Feb 4, 2009 5:16pm
Quoting baz
From what i see,it will be BULLISH.?
yes

baz
you are right
  • #4,648
  • Feb 4, 2009 5:16pm Feb 4, 2009 5:16pm
Quoting hussin naiji
you are right
  • #4,649
  • Feb 4, 2009 5:17pm Feb 4, 2009 5:17pm
local time 2.46 am
good bye
  • #4,650
  • Feb 4, 2009 5:18pm Feb 4, 2009 5:18pm
Quoting hussin naiji
good night , but this candle is agreeable with prevous candle
in fact this candle is a inverted hammer and a confirmation for hammer
i call this a FILLER BAR...my own name for this formtion.

baz
  • #4,651
  • Feb 4, 2009 5:20pm Feb 4, 2009 5:20pm
I am sorry Hussin my children ,lol I missed Q
Anyway I am shattered time for bed
Good night everyone ,lets hope cable is good Baz


Quoting hussin naiji
Tony , you?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #4,652
  • Feb 4, 2009 5:21pm Feb 4, 2009 5:21pm
bones....have you got your wooly hat and slippers on,with a Mug of coffee,for the Asain session?

baz
  • #4,653
  • Feb 4, 2009 5:22pm Feb 4, 2009 5:22pm
lol I will try ...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #4,654
  • Feb 4, 2009 5:22pm Feb 4, 2009 5:22pm
Quoting Bones
I am sorry Hussin my children ,lol I missed Q
Anyway I am shattered time for bed
Good night everyone ,lets hope cable is good Baz
yes i will call it a Good Night as well....

trade safe all

baz
  • #4,655
  • Feb 5, 2009 3:34am Feb 5, 2009 3:34am
Hi Dailys

I am trying to assess the impact of timezones on any charts above 1h.

As I am in the UK (GMT) my 4h closes are one hour earlier than US EST (-5)
and of course my daily candle closes are +5hours.

Do you guys use your local timezones?
  • #4,656
  • Feb 5, 2009 3:41am Feb 5, 2009 3:41am
Thu
Feb 5 9:00 GBP
Halifax HPI m/m
http://www.forexfactory.com/images/m...etail_star.gif 1.9%
-1.7%-1.6%http://www.forexfactory.com/images/m...us_revised.gif



I will Admit to be being a little concerned,Hussin you know I know its wrong to assess things in your own little micro world but right know the interest rate drops are feeding through to the public as I was saying,making a huge difference to disposable income,I have noticed alot of positve numbers on spending ,retail sales etc in the last few weeks.
I am thinking the BOE will hold the rates
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #4,657
  • Feb 5, 2009 3:53am Feb 5, 2009 3:53am
Quoting Bones
Thu
Feb 5 9:00 GBP
Halifax HPI m/m
http://www.forexfactory.com/images/m...etail_star.gif 1.9%
-1.7%-1.6%http://www.forexfactory.com/images/m...us_revised.gif



I will Admit to be being a little concerned,Hussin you know I know its wrong to assess things in your own little micro world but right know the interest rate drops are feeding through to the public as I was saying,making a huge difference to disposable income,I have noticed alot of...
they will reduce rates,BUT this may be the last one,the market expects this,is probably factored in ,so the Proffesional Money could buy into the News after the announcement.
Prices failed to close below the 20 ema yesterday as well.

baz
  • #4,658
  • Feb 5, 2009 3:54am Feb 5, 2009 3:54am
Hi Red Cabbage ,
It really dosent matter as the data is the same,just displayed in a different manner,some traders have a few different closes as it may be easier to read for them on another.


Tony


Quoting RedCabbage
Hi Dailys

I am trying to assess the impact of timezones on any charts above 1h.

As I am in the UK (GMT) my 4h closes are one hour earlier than US EST (-5)
and of course my daily candle closes are +5hours.

Do you guys use your local timezones?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #4,659
  • Feb 5, 2009 4:00am Feb 5, 2009 4:00am
Quoting Bones
Hi Red Cabbage ,
It really dosent matter as the data is the same,just displayed in a different manner,some traders have a few different closes as it may be easier to read for them on another.


Tony
Hi Bones

I appreciate we all work from the same basic data, however traders in the US and Europe sometimes don't see what I do and vice versa due to the location of their broker/chart provider. this obviously affects the way the market reacts.
  • #4,660
  • Feb 5, 2009 4:07am Feb 5, 2009 4:07am
Well I suppose Gorden has got to have his election I would imagine the pressure from him ...
I'm thinking I might exit until after the news I'm about BE on cable.The daily rising TL has caught price.
Price is continually caught by my consolidation box.


Quoting baz
they will reduce rates,BUT this may be the last one,the market expects this,is probably factored in ,so the Proffesional Money could buy into the News after the announcement.
Prices failed to close below the 20 ema yesterday as well.

baz
Attached Image (click to enlarge)
Click to Enlarge Name: 20 -usd-gbp -,45-2-9.gif Size: 23 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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