notice "samurai hussin pattern" on monthly candle chart usd/jpy
- #6,834
- Apr 20, 2009 4:13pm Apr 20, 2009 4:13pm
- Joined Jan 2008 | Status: Focussed | 2,382 Posts
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Dislikedyes.
but my target 1.85 was hit, I will not enter long eur/aud NOW, because, eur/aud is entering zone of resistance. It might go until 1.86, but there has to be some retrace. I wait for pull back or have a long limit order above this zone.
Or I eat something.
Be back later.Ignored
DislikedHi navin,
price is entering area of support, there was a gap on 20.03.2009.
Gaps are often area of support and resistance, conservative traders say.
It may need one more week reaching 126.30.
I´am really interested to see april monthly candle a bearish one.Ignored
Dislikedpatience with usdchf.
Notice long upper wicks on candles are indicating selling pressure.
This might go on during asia session, and be successfull during london session.Ignored
DislikedThanks for your input.... Im close following this pair also for short (althought my ODL candles look some different)Ignored
DislikedHi guess,
this would be the first "above the stomach pattern", which i have ever seen. I`am new to this pattern, so I am unsure. This pattern is very rare, but reliable (if it is a "above the stomach").
Explanation from Mr. Bulkowsiki:
"It is refreshing to find a candle pattern that performs well and yet there
are a gazillion of them in my database. The statistics are solid because of the high sample counts. Above the stomach is a candle pattern that appears in a downtrend and begins with a black candle. The bears are enthusiastic until...Ignored
DislikedI am really enjoying this thread...My candlestick trading life is being lifted to a whole new level...THUMBS UP HUSSIN!!Ignored
DislikedLets have a look at usdcad:
Of course 4 h charts are with low reliability compared with a daily candle.Ignored