on nzdjpy we see a doji:
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- #7,702
- May 12, 2009 3:44pm May 12, 2009 3:44pm
Hi everyone.
Hussin I really hope your better now... Sure everyone miss you, but health is first, so take your time & return recharged to your Home
Thanks Peaches for your teaching posts.
I will post my first chart based on what Im learning of Candlesticks... so please feel free to comment and excuse possible mistakes
My doubt is that the second candle of this pattern belongs to sunday, so dont know if it should be take in account (some brokers like my Oanda considerer Sunday`s prices at monday).... What do you usually do??
I spoted prices at 4hr TF, and the pattern repeated (with 2 stars) and shorted it at black candle close (Is it better to wait until 1 day black candle close?)
Regards.
Hussin I really hope your better now... Sure everyone miss you, but health is first, so take your time & return recharged to your Home
Thanks Peaches for your teaching posts.
I will post my first chart based on what Im learning of Candlesticks... so please feel free to comment and excuse possible mistakes
My doubt is that the second candle of this pattern belongs to sunday, so dont know if it should be take in account (some brokers like my Oanda considerer Sunday`s prices at monday).... What do you usually do??
I spoted prices at 4hr TF, and the pattern repeated (with 2 stars) and shorted it at black candle close (Is it better to wait until 1 day black candle close?)
Regards.
"Even A Thousand Mile Journey Begins with the First Step"
- #7,703
- May 12, 2009 3:45pm May 12, 2009 3:45pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
second invitation for usdcad bulls ?
- #7,704
- May 12, 2009 3:51pm May 12, 2009 3:51pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Hi everyone.
Hussin I really hope your better now... Sure everyone miss you, but health is first, so take your time & return recharged to your Home
Thanks Peaches for your teaching posts.
I will post my first chart based on what Im learning of Candlesticks... so please feel free to comment and excuse possible mistakes
My doubt is that the second candle of this pattern belongs to sunday, so dont know if it should be take in account (some brokers like my Oanda considerer Sunday`s prices at monday).... What do you usually do??
I spoted prices at...
Just add visually sundays candle to mondays candle. Its best start tarding on tuesday imho.
I do charting with MT 4 and some trading with oanda, so there are totally different candles on oanda ! Definitly.
To open short below the low of the shooting star is, what hussin hast teached. Its the "save" way to trade
- #7,705
- May 12, 2009 3:55pm May 12, 2009 3:55pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
actually IŽam eur/lfx bullish biased, which is a bit...hm...samurai style:
:
- #7,706
- May 12, 2009 4:06pm May 12, 2009 4:06pm
- Joined Oct 2007 | Status: Trader | 3,461 Posts
exit for eur/cad, because daily candle looks neutral.
this might be a spinning top or a high wave candle, so
its indicission or continuation or reversal candle.
But if price rises, its OK, donŽt want to be greedy.
Green pips to you all, its very late here, bed time
this might be a spinning top or a high wave candle, so
its indicission or continuation or reversal candle.
But if price rises, its OK, donŽt want to be greedy.
Green pips to you all, its very late here, bed time
- #7,707
- May 12, 2009 4:11pm May 12, 2009 4:11pm
- Joined Dec 2007 | Status: Trader | 1,964 Posts
actually IŽam eur/lfx bullish biased, which is a bit...hm...samurai style
hi Peter
My concern are these 2 back to back Hammers at a RESSISTANCE,which suggests some retracement maybe ?
baz
- #7,708
- May 12, 2009 4:13pm May 12, 2009 4:13pm
Hi analyzer, nice charts !
Just add visually sundays candle to mondays candle. Its best start tarding on tuesday imho.
I do charting with MT 4 and some trading with oanda, so there are totally different candles on oanda ! Definitly.
To open short below the low of the shooting star is, what hussin hast teached. Its the "save" way to trade
You mean that it wont be a valid pattern, because i took in account sunday candle as a individual one?'?...
If I understood you say that open should be at blue arrow (132.58), and better not consider green arrow (134.15 below black candle of evening star pattern of 4 hr TF?) .... Althought there are 157 pips between them
Regards
"Even A Thousand Mile Journey Begins with the First Step"
- #7,710
- May 13, 2009 12:07am May 13, 2009 12:07am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
Thanks for your answer Peaches.
You mean that it wont be a valid pattern, because i took in account sunday candle as a individual one?'?...
If I understood you say that open should be at blue arrow (132.58), and better not consider green arrow (134.15 below black candle of evening star pattern of 4 hr TF?) .... Althought there are 157 pips between them
Regards
For example my broker does not offer sundays candle, so my candle looks very different.
I remember hussins words about entry in a trade based on a hanging man:
He said its good to enter below the low of the hanging man, so I thinks its good too, to open below a bearish candlestick pattern. But in the end thats individual traders decision.
- #7,711
- May 13, 2009 12:10am May 13, 2009 12:10am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
carefully trading with the yen crosses, looks like we have seen only a correction lasting for 2 days, now yen is resuming weekly trend, which means
e/j up, a/j up, g/j up.
e/j up, a/j up, g/j up.
- #7,712
- May 13, 2009 12:17am May 13, 2009 12:17am
- Joined Oct 2007 | Status: Trader | 3,461 Posts
usdcad 4 H:
nice trading everyone
nice trading everyone
- #7,713
- May 13, 2009 12:59am May 13, 2009 12:59am
- | Joined Jan 2009 | Status: Cesco | 1,140 Posts
carefully trading with the yen crosses, looks like we have seen only a correction lasting for 2 days, now yen is resuming weekly trend, which means
e/j up, a/j up, g/j up.
- #7,714
- May 13, 2009 1:00am May 13, 2009 1:00am
- | Joined Jan 2009 | Status: Cesco | 1,140 Posts
usdcad 4 H:
nice trading everyone
I am not very sure
- #7,715
- May 13, 2009 10:50am May 13, 2009 10:50am
- | Joined Jun 2008 | Status: KISS=Keep it simple and Stupid | 131 Posts
carefully trading with the yen crosses, looks like we have seen only a correction lasting for 2 days, now yen is resuming weekly trend, which means
e/j up, a/j up, g/j up.
- #7,720
- May 14, 2009 10:19am May 14, 2009 10:19am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
On-site guru & also FF member's' psychiatrist, when not drinking tea