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Daily candle chart

  • #7,261
  • Apr 26, 2009 9:25am Apr 26, 2009 9:25am
Quoting silverheat
here the 10 year yield, with the usd index behind
daily is very clear for our view
  • #7,262
  • Apr 26, 2009 9:31am Apr 26, 2009 9:31am
Quoting my30marahaba
hi fammira link to here
http://www.liteforex.org/?lang=en
thanks my30marahaba and duffy for the precious help
  • #7,263
  • Apr 26, 2009 9:38am Apr 26, 2009 9:38am
Quoting silverheat
here the 10 year yield, with the usd index behind
i think a close above 3.05 can be a confirmation for a up(USD LFX- in form a retracement)
Attached Image (click to enlarge)
Click to Enlarge Name: TNX 090426 W1.png Size: 62 KB
  • #7,264
  • Apr 26, 2009 9:43am Apr 26, 2009 9:43am
Hello dear hussin, hello crew,

a lot of charts I agree with, and a few which I will think about longer.

The usdlfx has daily not yet a pattern, but I agree, price is entering area of resistance (see 4 h chart). Price has broken a trendline on my charts too (daily chart). So why not give traders a second chance at area of the trendline for a nice short.

More infomation is from the dow jones, maybe. If I look at weekly dow and weekly usdlfx, they move opposite (one goes up, other goes down). On weekly dow we have a nice dragonfly doji.

Short term I am bullish on usd/lfx, but during the week this might change
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdday4h.gif Size: 14 KB
Click to Enlarge Name: usdday.gif Size: 15 KB
Click to Enlarge Name: dowweek.gif Size: 9 KB
  • #7,265
  • Apr 26, 2009 9:52am Apr 26, 2009 9:52am
Quoting peaches
Hello dear hussin, hello crew,

a lot of charts I agree with, and a few which I will think about longer.

The usdlfx has daily not yet a pattern, but I agree, price is entering area of resistance (see 4 h chart). Price has broken a trendline on my charts too (daily chart). So why not give traders a second chance at area of the trendline for a nice short.

More infomation is from the dow jones, maybe. If I look at weekly dow and weekly usdlfx, they move opposite (one goes up, other goes down). On weekly dow we have a nice dragonfly doji.

Short...
ya agree with you but i wait for a pullcack then.......
Attached Image (click to enlarge)
Click to Enlarge Name: usdday4h.gif Size: 16 KB
  • #7,266
  • Apr 26, 2009 9:57am Apr 26, 2009 9:57am
Quoting hussin naiji
ya agree with you but i wait for a pullcack then.......
also Peter we have seen a close above TL on Tuesday and Wednesday ago
Attached Image (click to enlarge)
Click to Enlarge Name: usdday4h.gif Size: 18 KB
  • #7,267
  • Apr 26, 2009 10:03am Apr 26, 2009 10:03am
Quoting hussin naiji
ya agree with you but i wait for a pullcack then.......
Yes, it is a bit early for talking about a pullback, only signal is higher lower wick from the last 4 h candle, but this might be a fake. It has been before.
And its only 4 h chart, not very reliable

Market will tell us, as always
Attached Image (click to enlarge)
Click to Enlarge Name: usdlfx4h.gif Size: 14 KB
  • #7,268
  • Apr 26, 2009 10:06am Apr 26, 2009 10:06am
Quoting peaches
Yes, it is a bit early for talking about a pullback, only signal is higher lower wick from the last 4 h candle, but this might be a fake. It has been before.
And its only 4 h chart, not very reliable

Market will tell us, as always
Peter
we have seen a false breakout in the past weeks
maybe we will see again a false breakout(a close above TL)
Attached Image (click to enlarge)
Click to Enlarge Name: usdday4h.gif Size: 19 KB
  • #7,269
  • Apr 26, 2009 10:07am Apr 26, 2009 10:07am
Quoting peaches
Yes, it is a bit early for talking about a pullback, only signal is higher lower wick from the last 4 h candle, but this might be a fake. It has been before.
And its only 4 h chart, not very reliable

Market will tell us, as always
yes market will tell us , as always
  • #7,270
  • Apr 26, 2009 10:08am Apr 26, 2009 10:08am
Peter what see LFX JPY and FX USDYEN ?
  • #7,271
  • Apr 26, 2009 10:09am Apr 26, 2009 10:09am
Quoting hussin naiji
Peter
we have seen a false breakout in the past weeks
maybe we will see again a false breakout(a close above TL)
So, we are moving around this trendline. Ranging is good, as long as we know the highs and the lows.

I will have a look at the chf/lfx next.
  • #7,272
  • Apr 26, 2009 10:11am Apr 26, 2009 10:11am
Quoting peaches
So, we are moving around this trendline. Ranging is good, as long as we know the highs and the lows.

I will have a look at the chf/lfx next.
  • #7,273
  • Apr 26, 2009 10:15am Apr 26, 2009 10:15am
HI dear Warta
  • #7,274
  • Apr 26, 2009 10:16am Apr 26, 2009 10:16am
Quoting hussin naiji
HI dear Warta
post no 7234 for you
  • #7,275
  • Apr 26, 2009 10:20am Apr 26, 2009 10:20am
okay lfxjpy first.

Monthly candle is a big drop (means yen is strong bullish).

Weekly I can not see a pattern. A surprise woud be a bullish continuation pattern (means next weeks candle goes UP). This would be a surprise.

On daily I see a magic line above, which holds price down and is not broken yet, but I see lower wicks climbing higher.

Again, I see no pattern on daily.
Attached Image(s) (click to enlarge)
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  • #7,276
  • Apr 26, 2009 10:26am Apr 26, 2009 10:26am
maybe additional information about the yen comes from the honkong stock market:
Attached Image (click to enlarge)
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  • #7,277
  • Apr 26, 2009 10:35am Apr 26, 2009 10:35am
The weekly bullish engulfing we have seen, was mentioned before.

I think on daily chart chflfx has broken a trendline and will
retest the trendline next.

Around this trendline I will look for a pattern next. In my mind is a bullish movefrom there to ~1.70, but the weekly bullish engulfing is not able to fight against the monthly strong bearish candle over all. But all this is not in the chart now.

But first back to trendline, looking for a new candle there.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chflfx.gif Size: 14 KB
Click to Enlarge Name: chf_month.gif Size: 10 KB
  • #7,278
  • Apr 26, 2009 10:53am Apr 26, 2009 10:53am
but usd/jpy:

On daily chart I see a broken trendline, but on 4 h chart I see indicision by the candles to go lower. Maybe we will see a monthly doji ?

But in future will see more drops for usd/jpy, thats in my charts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdjpyday.gif Size: 13 KB
Click to Enlarge Name: usdjpy4h.gif Size: 15 KB
Click to Enlarge Name: usdjpymonth.gif Size: 12 KB
  • #7,279
  • Apr 26, 2009 11:07am Apr 26, 2009 11:07am
Quoting peaches
The weekly bullish engulfing we have seen, was mentioned before.

I think on daily chart chflfx has broken a trendline and will
retest the trendline next.

Around this trendline I will look for a pattern next. In my mind is a bullish movefrom there to ~1.70, but the weekly bullish engulfing is not able to fight against the monthly strong bearish candle over all. But all this is not in the chart now.

But first back to trendline, looking for a new candle there.
agree
  • #7,280
  • Apr 26, 2009 11:19am Apr 26, 2009 11:19am
Quoting daffy
Something interesting on the weekly CADLFX

Notice the pattern,

On the way down, black candle, long up wick, black candle

On the way up, white candle, long down wick, white candle

and the last two weeks, have formed a white candle, long down wick ....

Possible that history might repeat?

Hi daffy,

to be honest I have no clear view on cad/lfx, because I have different directions on different timeframes.

On monthly I have a nice bullish candle, but on weekly candle: Is this a bearish hanging man ?:

Recognition Criteria:
1. We see it at a market top or during an uptrend.
2. It is characterized by its small real body at the upper end of the trading range (?) and it is located above the trend (?). The color of the body is unimportant.
3. It has a lower shadow, which is at least twice the height of the real body.
4. There is either no upper shadow or a very short upper shadow.



On the daily we have seen a bullish engulfing candle, but last fridays candle just closed near a fibo-level . So I will wait for development. Maybe 1.5765 will give a better bull entry.


If market goes straight 1.5940 of course market is wrong
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cadmonth.gif Size: 10 KB
Click to Enlarge Name: cadweek.gif Size: 12 KB
Click to Enlarge Name: cadday.gif Size: 17 KB
Click to Enlarge Name: caddayplan.gif Size: 16 KB
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