Daily candle chart | Page 376 | 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

  • #7,501
  • May 3, 2009 11:04am May 3, 2009 11:04am
for weekly candle chart USD LFX ,these assocation of candles show to me a bearish pattern.
yes a bearish falling three methods candlestick pattern.
we know that this pattern is with high reliability.
also we know that this pattern is a bearish continuation pattern
whether this is enough for you that now you can see this pattern after a double top(for USD LFX) also a assocation of candles after a black opening Marubozu ?
Attached Image (click to enlarge)
Click to Enlarge Name: 111.gif Size: 14 KB
  • #7,502
  • May 3, 2009 11:07am May 3, 2009 11:07am
Quoting hussin naiji
for weekly candle chart USD LFX ,these assocation of candles show to me a bearish pattern.
yes a bearish falling three methods candlestick pattern.
we know that this pattern is with high reliability.
also we know that this pattern is a bearish continuation pattern
whether this is enough for you that now you can see this pattern after a double top(for USD LFX) also a assocation of candles after a black opening Marubozu ?
also
Attached Image (click to enlarge)
Click to Enlarge Name: 111.gif Size: 15 KB
  • #7,503
  • May 3, 2009 11:10am May 3, 2009 11:10am
Quoting fammira
hi hussin, it was a positive week last week, but now the battle is becoming hard, looks like we are going to face important resistances.
we need all your skill and charts for the coming sessions
hi Fammira
i will try for this case if time allow to me
  • #7,504
  • May 3, 2009 11:15am May 3, 2009 11:15am
in fact maybe we will see 1.86(for USD LFX) in the next time
  • #7,505
  • May 3, 2009 11:26am May 3, 2009 11:26am
for monthy candle chart EUR LFX
we have seen a Kabuse pattern in the past months but then we have seen a abortion for this bearish pattern and enter new buyers in 2.49.
after this bearish pattern we have seen a bullish harami and even a confirmation for this bullish harami for the next month.
but again we have seen a abortion for this bullish pattern .
now again we can see a Kabuse pattern for previous month.
i think we can see a repetition for this case as date 2009.01.01.
i wait for to see a white candlestick.because this Kabuse is a false bearish pattern.
Attached Image (click to enlarge)
Click to Enlarge Name: 111.gif Size: 15 KB
  • #7,506
  • May 3, 2009 11:27am May 3, 2009 11:27am
Quoting hussin naiji
for monthy candle chart EUR LFX
we have seen a Kabuse pattern in the past months but then we have seen a abortion...
2.5530 is on table
  • #7,507
  • May 3, 2009 11:29am May 3, 2009 11:29am
Quoting hussin naiji
2.5530 is on table
2.55/1.865=1.3670
  • #7,508
  • May 3, 2009 11:36am May 3, 2009 11:36am
Quoting hussin naiji
for monthy candle chart EUR LFX
we have seen a Kabuse pattern in the past months but then we have seen a abortion...
for weekly candle chart EUR LFX we can see a bullish piercing line patternfor previous week.
note:whether this pattern(bullish piercing line) is consistent with the prevailing trend ??
Attached Image (click to enlarge)
Click to Enlarge Name: 111.gif Size: 14 KB
  • #7,509
  • May 3, 2009 11:38am May 3, 2009 11:38am
but for FX EURUSD we can see other story
  • #7,510
  • May 3, 2009 11:48am May 3, 2009 11:48am
Quoting hussin naiji
but for FX EURUSD we can see other story
we have seen a good work by red spinning top in the past months,after we have seen fall more 1300 pips for this pair.
but in the first case we can see a uptrend of the required +1300.
but in the second case we can see only +650.
this observatrion show to us a diminution in power of bull camp
Attached Image (click to enlarge)
Click to Enlarge Name: 111.gif Size: 11 KB
  • #7,511
  • May 3, 2009 11:53am May 3, 2009 11:53am
Quoting hussin naiji
we have seen a good work by red spinning top in the past months,after we have seen fall more 1300 pips for this pair.
but in the first case we can see a uptrend of the required +1300.
but in the second case we can see only +650.
this observatrion show to us a diminution in power of bull camp
i can see only a bearish doji pattern
if we agree with analysis LFX market(USD LFX-EUR LFX)
THERFORE WE MUST SEE A ABORTION FOR THIS BEARISH DOJI PATTERN (OR FALSE BEARISH DOJI PATTERN)A EVEN A BEARKOUT ABOVE 1.33
let see
Attached Image (click to enlarge)
Click to Enlarge Name: 111.gif Size: 10 KB
  • #7,512
  • May 3, 2009 11:55am May 3, 2009 11:55am
Quoting hussin naiji
i can see only a bearish doji pattern
if we agree with analysis LFX market(USD LFX-EUR LFX)
THERFORE WE MUST SEE A ABORTION FOR THIS BEARISH DOJI PATTERN (OR FALSE BEARISH DOJI PATTERN)A EVEN A BEARKOUT ABOVE 1.33
let see
whether high wave will say to us trurh our view ?
  • #7,513
  • May 3, 2009 12:14pm May 3, 2009 12:14pm
Hussin I have a general question which ive tried to work out.
What is the LFX ?

is it a exchange ??

LFX is an offshore financial exchange to be based in Labuan. It is one of the vehicles to promote Labuan as an offshore financial centre. Its goal is to facilitate the influx of funds through the listing and trading of financial instruments.





To attain this goal, LFX will strive:

  1. To be recognised as investor-friendly
  2. To be market driven and transparent
  3. To utilise international networking systems

LFX is a full fledge exchange with listing and trading facilities. Listing of financial instruments will be the initial focus.

On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #7,514
  • May 3, 2009 2:20pm May 3, 2009 2:20pm
do you mean the liteforex LFX (=liteforex index) countercurrency?
its just a proxy for each single major to all other majors, like, for instances, the $USD, $XEU, ... which is the dollar/euro/... against a weighted basket of other currencies, or the imfs SDR see http://www.imf.org/external/np/exr/facts/sdr.htm


Quoting Bones
Hussin I have a general question which ive tried to work out.
What is the LFX ?

is it a exchange ??

LFX is an offshore financial exchange to be based in Labuan. It is one of the vehicles to promote Labuan as an offshore financial centre. Its goal is to facilitate the influx of funds through the listing and trading of financial instruments.





To attain this goal, LFX will strive: [list][*][font=Verdana, Arial, Helvetica, sans-serif][size=2][color=#000000]To...
Invincibility lies in the defence, the possibility of victory in the attack
  • #7,515
  • May 3, 2009 2:48pm May 3, 2009 2:48pm
well what is the lfx's value if its a basket whats the make up?
If you take the usdx I know the make up of x but I still dont know the make up of the lfx?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #7,516
  • May 3, 2009 2:59pm May 3, 2009 2:59pm
Hi dear traders,

I think cadlfx will run into resistance at ~1.62 on my charts, I look for a bearish candle during the week on tuedsday or wednesday to trade the set back.

Over all the cadlfx is pretty bullish, I see a double bottom.

We have a bullish engulfing on cadlfx too.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cadlfx.gif Size: 14 KB
Click to Enlarge Name: cadlfxmonth.gif Size: 10 KB
  • #7,517
  • May 3, 2009 3:03pm May 3, 2009 3:03pm
I agree with hussins analyses for a drop usdlfx:
Attached Image (click to enlarge)
Click to Enlarge Name: usdlfx.gif Size: 14 KB
  • #7,518
  • May 3, 2009 3:08pm May 3, 2009 3:08pm
My original thought was that the LFX was a basket ,but I now realize it is not since we can multiply and divide 2 LFXs to get a target on the FX just like the calculation for the cross pairs.

Quoting Bones
well what is the lfx's value if its a basket whats the make up?
If you take the usdx I know the make up of x but I still dont know the make up of the lfx?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #7,519
  • May 3, 2009 3:09pm May 3, 2009 3:09pm
I `am unsure about movement of eurlfx.

I show you why: please compare weekly usdlfx and current eurlfx.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurlfx.gif Size: 14 KB
Click to Enlarge Name: usdlfx.gif Size: 12 KB
  • #7,520
  • May 3, 2009 3:18pm May 3, 2009 3:18pm
for lfxjpy we see reliable bullish continuation pattern,
a mat hold:

http://www.candlesticker.com/Cs86.asp

But we have resistance above.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: jpylfxweek.gif Size: 10 KB
Click to Enlarge Name: jpylfx.gif Size: 12 KB
9 traders viewing now