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Daily candle chart

  • #9,621
  • Nov 12, 2009 7:31pm Nov 12, 2009 7:31pm
Quoting baz
i see that as well,BUT caution as always...lately Fridays can be boring...but go easy and trade safe

good night...

Ps Tony,you dont have to prove anything to anyone BUT YOURSELF..

take care

baz
Well said Baz! Tony FTW! haha

Respect to the pound, thanks for the advise Baz, I'm not trading right now.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #9,622
  • Nov 13, 2009 4:29am Nov 13, 2009 4:29am
Im sorry for the emotion guys ,this guy has pmed me in october saying I could help out not cross swords etc,etc and then come down on me hard when I posted ,and it has upset me
I promise no more said about it.

With regard to the pound we have a great set up on monthly which may or may not take a few months to work out ,to TL at least.
So pound is proped by nice set up ,somthing must come to drive the pound up higher pure and simple in my eyes


Quoting Bones
well the pound medium term I think tl will go and 3 is target ,but this is monthly .....this set up looks comletly a1 to me
with regard to cable agree range which could also mean stronger $ eventually ,but these are longer term views
Attached Image (click to enlarge)
Click to Enlarge Name: gbplfx m1 12 th nov w1.gif Size: 16 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,623
  • Nov 13, 2009 9:54am Nov 13, 2009 9:54am
Hi to hussin,Tony,Jhon,Baz,and other nice guys who help traders in this thread.I hope hussin is fine and comes back soon.

I have read the most part of this thread,this is one of the best,and you are all perfect.Many thanks of sharing your thoughts and experiences.

Would you please to help me for downloading LFX.I refered to post 1 and then liteforex.com ,I downloaded ,it came Sigtrader that is like metatrader as usual and no LFX chart.How can I find it?

Best regards
  • #9,624
  • Nov 13, 2009 10:10am Nov 13, 2009 10:10am
Quoting Fxmh
Hi to hussin,Tony,Jhon,Baz,and other nice guys who help traders in this thread.I hope hussin is fine and comes back soon.

I have read the most part of this thread,this is one of the best,and you are all perfect.Many thanks of sharing your thoughts and experiences.

Would you please to help me for downloading LFX.I refered to post 1 and then liteforex.com ,I downloaded ,it came Sigtrader that is like metatrader as usual and no LFX chart.How can I find it?

Best regards
Hi Fxmh! Thanks for the kind words, this thread is pure Au jeje, just click on top menu: View---> Market Watch ---> right click on the window display ---> Show all

Hope this helps!
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #9,625
  • Edited 12:30pm Nov 13, 2009 10:55am | Edited 12:30pm
Quoting Fxmh
Hi to hussin,Tony,Jhon,Baz,and other nice guys who help traders in this thread.I hope hussin is fine and comes back soon.

I have read the most part of this thread,this is one of the best,and you are all perfect.Many thanks of sharing your thoughts and experiences.

Would you please to help me for downloading LFX.I refered to post 1 and then liteforex.com ,I downloaded ,it came Sigtrader that is like metatrader as usual and no LFX chart.How can I find it?

Best regards
Hi Fxmh

welcome to Hussins thread,i am now cautious in recommending something in FFF.....but i feel there are good lessons to be learnt,and they are both based on DAILY and 4 Hr BARS.....so read the threads listed below and follow along,and see if it will help your trading journey..


http://www.forexfactory.com/showthread.php?t=143593
and
http://www.forexfactory.com/showthread.php?t=187619

take care and go slowly,and absorb at your pace..

baz
  • #9,626
  • Nov 14, 2009 4:32am Nov 14, 2009 4:32am
I been thinking about how I can best deal with the hanging man debate in a muture way a educational way for candle readers of this thread
I made the statement about the attached hanging man im sure most are aware of

"Yes you are correct thefutureace this is a very nice hanging man and also to add to your anallise's of price the longer the lower wick the better especially cover of bullish candle ,also small top wick "
Attached Image (click to enlarge)
Click to Enlarge Name: hanging man.gif Size: 11 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,627
  • Nov 14, 2009 4:37am Nov 14, 2009 4:37am
Ive looked at what Hussin has said about the hanging man ,and petrifying harami in the past ...Hussin is my point of reference ,and has said the hanging man is with low reliability ,but not all candles are equal ,and there are things to look for with this candle

http://www.forexfactory.com/showpost...postcount=5135
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,628
  • Nov 14, 2009 4:51am Nov 14, 2009 4:51am
and

http://www.forexfactory.com/showpost...postcount=2674
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,629
  • Nov 14, 2009 4:55am Nov 14, 2009 4:55am
and

http://www.forexfactory.com/showthre...an#post1944883
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,630
  • Nov 14, 2009 4:59am Nov 14, 2009 4:59am
high power is lower wick

http://www.forexfactory.com/showpost...postcount=1548
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,631
  • Nov 14, 2009 5:01am Nov 14, 2009 5:01am
location is everything

http://www.forexfactory.com/showpost...postcount=8804
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,632
  • Nov 14, 2009 5:15am Nov 14, 2009 5:15am
and finally ,I hope this helps with ,I would have to agree ,a difficult pattern

http://www.forexfactory.com/showpost.php?p=2761737&postcount=7929
http://www.forexfactory.com/showpost.php?p=2759215&postcount=7876

http://www.forexfactory.com/showthread.php?p=2571327&highlight=hanging+man#post2571327
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,633
  • Nov 14, 2009 6:30am Nov 14, 2009 6:30am
Hi Fxmh ,your are most welcome ,if you've read the thread your know just how amazing Hussin is ,I truly hope he can come back soon to guide us all further,hope to see you around here more...


Quoting Fxmh
Hi to hussin,Tony,Jhon,Baz,and other nice guys who help traders in this thread.I hope hussin is fine and comes back soon.

I have read the most part of this thread,this is one of the best,and you are all perfect.Many thanks of sharing your thoughts and experiences.

Would you please to help me for downloading LFX.I refered to post 1 and then liteforex.com ,I downloaded ,it came Sigtrader that is like metatrader as usual and no LFX chart.How can I find it?

Best regards
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,634
  • Edited 8:14am Nov 14, 2009 7:56am | Edited 8:14am
Quoting Bones
location is everything

http://www.forexfactory.com/showpost...postcount=8804

location is DEFINETLEY the key,PLUS other conflunce as well....this applies to all reversl candles...
So here is another one to chew on ,although the bar was a 10 hr rather than the 12 Hr,as markets close at 10 pm.....

ps...notice,this one is between 2 swing points

GBP_USD Spot.png
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  • #9,635
  • Nov 14, 2009 8:08am Nov 14, 2009 8:08am
stopped dead on the HIGH of the shooting star ....will have to see what Monday brings,especially with the DOW on a Trendline and 50% fibo level..

GBP_USD Spot.png
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Spot.png Size: 10 KB
  • #9,636
  • Nov 14, 2009 8:14am Nov 14, 2009 8:14am
Hi Baz,
Many thanks of your post,these are very good sources to learn I will read them.Green pips for you.
Quoting baz
Hi Fxmh

welcome to Hussins thread,i am now cautious in recommending something in FFF.....but i feel there are good lessons to be learnt,and they are both based on DAILY and 4 Hr BARS.....so read the threads listed below and follow along,and see if it will help your trading journey..


http://www.forexfactory.com/showthread.php?t=143593
and
http://www.forexfactory.com/showthread.php?t=187619

take care and go slowly,and absorb at your pace..

baz
  • #9,637
  • Nov 14, 2009 2:20pm Nov 14, 2009 2:20pm
Lately this hanging man attracted a lot of attention and now I think this is the candlestick pattern I know better
Thanks Tony for digging out those old posts on hanging man. I also found another one were Hussin write in bold letters.

http://www.forexfactory.com/showpost...&postcount=263
  • #9,638
  • Nov 14, 2009 5:50pm Nov 14, 2009 5:50pm
Hey Oblo ,this is a candle stick thread so we ok to talk about them ,lol
Im very, very pleased you are wiser now about this candle
But Oblo lets look at what Hussin said about that candle then see what happened

He said

hi Rob
be careful pls in the weekly candle chart EURUSD no:148 , we have seen a kabuse of bozu pattern .then a long blue candlestick has contravened this pattern in the next week( of course by reason bad NFP ).
long blue candlestick is a bullish continuation pattern but with low reliability.
if you have seen weekly candle chart EURUSD no:165 ,i have pointed to a hanging man.
with appearance this weekly hanging man , we see the bulls will be less likely to buy at the higher prices levels.
attention to longer lower wick of hanging man that show to us the bears were abled to take price down .also attention to upper wick of hanging man that is equal with high price kabuse of bozu pattern.
then we see after hanging man ,a long upper wick candlestick with a small real body .
attention ,only appearance a hanging man is not sign a fall, maybe also will be a signal stop previous uptrend or a sideways and then fall.
Rob , my point of view about EURUSD is sell
i can not see bullish patterns or bullish continuation patterns for EURUSD now.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,639
  • Nov 14, 2009 5:54pm Nov 14, 2009 5:54pm
Now we look and see that after that candle we had sideways movement then fall below 1.5 and that price was consistently refused at that level .This is what has always amazed me with Hussin and I trust his word to be true .....over anyone else
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd.gif Size: 22 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9,640
  • Nov 14, 2009 6:11pm Nov 14, 2009 6:11pm
It makes perfect sense that the longer the lower wick the stronger the bears are .... and wick to the top could be buying in certain cases ,I'm sure Hussin has said before to us tho cant remember when.
On-site guru & also FF member's' psychiatrist, when not drinking tea
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