Daily candle chart | Page 529 | 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

  • #10,561
  • May 3, 2010 5:22pm May 3, 2010 5:22pm
Bullish $ this week? I know, we're trading inside the rectangle, but, it's possible consider a breakout this time? who knows...

Attached Image (click to enlarge)
Click to Enlarge Name: $d1.gif Size: 17 KB


This morning star bullish pattern has a confirmation on yesterday candle. I don't know, maybe I'm wrong or something, but I see 1.8 on the cards in the $. If we keep trading above 1.765 area

What do you think?
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,562
  • May 3, 2010 5:28pm May 3, 2010 5:28pm
Quoting JhonMonsalve
Bullish $ this week? I know, we're trading inside the rectangle, but, it's possible consider a breakout this time? who knows...

Attachment

This morning star bullish pattern has a confirmation on yesterday candle. I don't know, maybe I'm wrong or something, but I see 1.8 on the cards in the $. If we keep trading above 1.765 area

What do you think?
On weekly ¥, I see a bearish hanging man pattern:

Attached Image (click to enlarge)
Click to Enlarge Name: yenw1.gif Size: 12 KB


If 53.5 is not taken, we could test the bottom of the rectangle @51.75 or lower
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,563
  • May 3, 2010 5:30pm May 3, 2010 5:30pm
Yea I would agree with the $ and jpy thats how im feeling Jhon also pound weekly ? bearish?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #10,564
  • May 3, 2010 5:31pm May 3, 2010 5:31pm
Quoting JhonMonsalve
On weekly ¥, I see a bearish hanging man pattern:

Attachment

If 53.5 is not taken, we could test the bottom of the rectangle @51.75 or lower
On £, I see kind of evening star on weekly charts.

Attached Image (click to enlarge)
Click to Enlarge Name: £w1.gif Size: 11 KB
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,565
  • May 3, 2010 5:32pm May 3, 2010 5:32pm
Quoting Bones
Yea I would agree with the $ and jpy thats how im feeling Jhon also pound weekly ? bearish?
Yep Tony!

I'm bearish on £ too
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,566
  • May 3, 2010 5:36pm May 3, 2010 5:36pm
Quoting JhonMonsalve
Yep Tony!

I'm bearish on £ too
Tony what do you think in going short on Cable or Geppy? I mean, if USDLFX @1.8, GBPLFX @2.68, CABLE @1.48 right?

On Dragon: GBPLFX*LFXJPY = GJ --> 2.68*51.75 = 138.69?

Let me know what you think, is a great R:R trade.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,567
  • May 3, 2010 5:38pm May 3, 2010 5:38pm
I wanna see $ over 1.7800 but yea I can see it
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #10,568
  • Edited 2:37pm May 4, 2010 2:25pm | Edited 2:37pm
Hey Jhon ive been buying jpy today ,but now im wondering about channel ?and small consolidation range lately ,as long as the tl holds I wont be buying anymore ,and am looking to d1 close,$ above 1.7800 ,very bullish move but really overbought

Quoting JhonMonsalve
On weekly ¥, I see a bearish hanging man pattern:

Attachment

If 53.5 is not taken, we could test the bottom of the rectangle @51.75 or lower
Attached Image (click to enlarge)
Click to Enlarge Name: lfx jpy weekly tue 4th th may.gif Size: 15 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #10,569
  • May 4, 2010 2:54pm May 4, 2010 2:54pm
Quoting Bones
Hey Jhon ive been buying jpy today ,but now im wondering about channel ?and small consolidation range lately ,as long as the tl holds I wont be buying anymore ,and am looking to d1 close,$ above 1.7800 ,very bullish move but really overbought
Yep Tony! something is cooking, I don't know, check GBPLFX daily chart, £ bullish? I guess so, I'm worried about Yen, I mean, do you think that engulf candle on daily chart could be fake one?
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,570
  • May 4, 2010 5:01pm May 4, 2010 5:01pm
I dont know re jpy Jhon but so much traffic ,I do know most candles are not effective in traffic ,and $ ,its only Tuesday ,were either going much higher or need to correct ,I do think 1.7960 is an important level
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx monthly tue 4th th may.gif Size: 12 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #10,571
  • May 5, 2010 8:53am May 5, 2010 8:53am
Quoting JhonMonsalve
Bullish $ this week? I know, we're trading inside the rectangle, but, it's possible consider a breakout this time? who knows...

Attachment

This morning star bullish pattern has a confirmation on yesterday candle. I don't know, maybe I'm wrong or something, but I see 1.8 on the cards in the $. If we keep trading above 1.765 area

What do you think?
Wow! What a nice trade this, $ is trading above 1.8 and heading to 1.81, I hope you all are pipping pretty well under this market conditions.

Attached Image (click to enlarge)
Click to Enlarge Name: $d1.gif Size: 15 KB


I think if we'll have a Three White Soldiers pattern on daily candle today, we could see a nice pullback around 1.8 or 1.7xx, it's safe wait for pullback and reload longs on $
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,572
  • May 5, 2010 8:56am May 5, 2010 8:56am
Quoting JhonMonsalve
On weekly ¥, I see a bearish hanging man pattern:

Attachment

If 53.5 is not taken, we could test the bottom of the rectangle @51.75 or lower
Quoting JhonMonsalve
Yep Tony! something is cooking, I don't know, check GBPLFX daily chart, £ bullish? I guess so, I'm worried about Yen, I mean, do you think that engulf candle on daily chart could be fake one?
I love sushi

After weekly Hanging Man, we had yesterday engulfing candle on sushi [and maybe Three black crows forming on daily]: Tony, this looks like a BO for me.

Attached Image (click to enlarge)
Click to Enlarge Name: ¥d1.gif Size: 15 KB
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,573
  • May 5, 2010 8:59am May 5, 2010 8:59am
Quoting JhonMonsalve
Tony what do you think in going short on Cable or Geppy? I mean, if USDLFX @1.8, GBPLFX @2.68, CABLE @1.48 right?

On Dragon: GBPLFX*LFXJPY = GJ --> 2.68*51.75 = 138.69?

Let me know what you think, is a great R:R trade.
For many of you that followed this trade, I'm taking partial profits on Dragon around 142 and Cable around 151, I'm lock in profits now, until new order, targets remain the same, candlestick is supporting this.

"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,574
  • May 5, 2010 12:54pm May 5, 2010 12:54pm
good job Jhon I had a long on cable but blown out water ,tell what do you make of usdlfx h4 dark cloud cover ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #10,575
  • May 5, 2010 1:23pm May 5, 2010 1:23pm
Quoting Bones
good job Jhon I had a long on cable but blown out water ,tell what do you make of usdlfx h4 dark cloud cover ?
Yep Tony, I see the Kabuse on h4: good location, candle open higher than prior candle, close below 50% of prior candle..., are you thinking in going long on Cable again?, this could be the trade: SL @1.5023 [2.714/1.8065] & TP @1.5325 [2.728/1.78], let me know what you think
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,576
  • May 5, 2010 1:55pm May 5, 2010 1:55pm
Quoting Bones
good job Jhon I had a long on cable but blown out water ,tell what do you make of usdlfx h4 dark cloud cover ?
Tony...
$$ INDEX is at present in BULLISH MODE.... and Cable at PRESENT cant see a LONG option...
Need to see tonights close... we have a Conflict between MONTHLY PIN,and weekly BEARISH MOVE..

GBP_USD Spot.png
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Spot.png Size: 17 KB
  • #10,577
  • May 6, 2010 4:35am May 6, 2010 4:35am
Jpy quite a nice candle could be a set up here although extreme bullish ,something could be in play
Attached Image (click to enlarge)
Click to Enlarge Name: lfx jpy h4 tue 6th th may.gif Size: 19 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #10,578
  • May 6, 2010 6:33am May 6, 2010 6:33am
Quoting Bones
Jpy quite a nice candle could be a set up here although extreme bullish ,something could be in play
What do you think Tony?, 51.75 is weekly s/r area.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,579
  • May 6, 2010 7:51am May 6, 2010 7:51am
Quoting JhonMonsalve
What do you think Tony?, 51.75 is weekly s/r area.
The £ showing weakness...

Attached Image (click to enlarge)
Click to Enlarge Name: £h4.gif Size: 14 KB


Look at the evening star pattern + engulf candle, let's see.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
  • #10,580
  • May 6, 2010 9:13am May 6, 2010 9:13am
Quoting JhonMonsalve
Yep Tony, I see the Kabuse on h4: good location, candle open higher than prior candle, close below 50% of prior candle..., are you thinking in going long on Cable again?, this could be the trade: SL @1.5023 [2.714/1.8065] & TP @1.5325 [2.728/1.78], let me know what you think
Tony, Baz, many traffic around 1.8 area in $ index, I'm watching a possible reversal from there.

Attached Image (click to enlarge)
Click to Enlarge Name: $h4.gif Size: 11 KB


I'm expecting a little pullback, the only way to invalidate this scenario is with a candle close above 1.805 or even higher.
"THE ALL is Mind; the Universe is Mental--held in the mind of THE ALL."
3 traders viewing now