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Daily candle chart

  • #12,581
  • Sep 1, 2011 8:47am Sep 1, 2011 8:47am
Quoting sailor68
Hi Hussin,

I read your thread and found your chart interesting because i also trade with candles.

But if you don't mind i would like to share my view on this pattern.

First for an abandoned baby top : we need three candles (the third one need to be closed) but the most important, the bottom shadow of the second candle (doji) does not overlap with the shadows of the first or third candles.
Also this pattern :abandoned baby top is very rare

I will call this pattern an evening doji star (if the third candle is bearish)
I just want to share this...
hi sailor
Welcome to your first and thanks for your post also
but about your question :
1-"also this pattern : abandoned baby top is very rare " i am not with your view because abandoned baby top is possible .Broadly it is possible
2-"we need three candles (the third one need to be closed) but the most important, the bottom shadow of the second candle (doji) does not overlap with the shadows of the first or third candles"candlestick Patterns in the foreign exchange market has Different than the stock market .You should thoroughly read this thread.
3-if you call this pattern a evening doji star . I respect your view to . but i think you view is wrong
  • #12,582
  • Sep 1, 2011 8:50am Sep 1, 2011 8:50am
Quoting hussin naiji
hi sailor
Welcome to your first and thanks for your post also
but about your question :
1-"also this pattern : abandoned baby top is very rare " i am not with your view because abandoned baby top is possible .Broadly it is possible
2-"we need three candles (the third one need to be closed) but the most important, the bottom shadow of the second candle (doji) does not overlap with the shadows of the first or third candles"candlestick Patterns in the foreign exchange market has Different than the stock market .You should thoroughly read this...
Hello bro,

PM sent
If there was easy money lying around,no one would be forcing it into your
  • #12,583
  • Sep 1, 2011 8:55am Sep 1, 2011 8:55am
Quoting hussin naiji
hi sailor
Welcome to your first and thanks for your post also
but about your question :
1-"also this pattern : abandoned baby top is very rare " i am not with your view because abandoned baby top is possible .Broadly it is possible
2-"we need three candles (the third one need to be closed) but the most important, the bottom shadow of the second candle (doji) does not overlap with the shadows of the first or third candles"candlestick Patterns in the foreign exchange market has Different than the stock market .You should thoroughly read this...
if you have read beyond candlesticks:new japanese charting techniques by Steve n... this book or patterns of book is about stock market no fx.
  • #12,584
  • Sep 1, 2011 9:07am Sep 1, 2011 9:07am
Quoting hussin naiji
if you have read beyond candlesticks:new japanese charting techniques by Steve n... this book or patterns of book is about stock market no fx.


The how about FX one bro,any recommended ?


Thanks
If there was easy money lying around,no one would be forcing it into your
  • #12,585
  • Sep 1, 2011 9:12am Sep 1, 2011 9:12am
Quoting FXMindset
The how about FX one bro,any recommended ?


Thanks
THE JAPANESE CHART OF CHARTS written Seiki Shimizu
  • #12,586
  • Sep 1, 2011 9:16am Sep 1, 2011 9:16am
Quoting hussin naiji
THE JAPANESE CHART OF CHARTS written Seiki Shimizu
Great So you learn all these candles from that book bro? a thousands thanks
If there was easy money lying around,no one would be forcing it into your
  • #12,587
  • Sep 1, 2011 9:33am Sep 1, 2011 9:33am
Quoting hussin naiji
if you have read beyond candlesticks:new japanese charting techniques by Steve n... this book or patterns of book is about stock market no fx.


I read Japanese Candlestick Charting techniques from Nison, yes its right, most of the charts from stock market
Trade with the momentum
  • #12,588
  • Sep 1, 2011 9:53am Sep 1, 2011 9:53am
with non farm due out tomorrow. NZDUSD will probably move sideways till the release of NFP
  • #12,589
  • Sep 1, 2011 3:18pm Sep 1, 2011 3:18pm
Hi:

This site shows the subtle differences between candlestick patterns on FX vs. Equities:

http://www.fxwords.com/b/bearish-reversal-patterns.html

Regards,
JS
  • #12,590
  • Sep 1, 2011 4:44pm Sep 1, 2011 4:44pm
sorry for bothering u hussein but u r quiet wrong about that formation ,, it is clear that it is not an abandoned baby,,,and by the way why not waiting for the second candle to close a bit down . for me it is looking like a pin on 0.8500 so it is still not clear ... and sorry again
  • #12,591
  • Sep 1, 2011 5:22pm Sep 1, 2011 5:22pm
Quoting hussin naiji
Hi Hussin...

Glad to read you again.
This is another trade on EUR/USD I took based on your daily candle chart with about 200 pips profit
Also thanks for your daily analysis. I´ve learn patiente and trade longer time frames reading your post
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"Even A Thousand Mile Journey Begins with the First Step"
  • #12,592
  • Sep 1, 2011 11:45pm Sep 1, 2011 11:45pm
Quoting hussin naiji
THE JAPANESE CHART OF CHARTS written Seiki Shimizu
hi
4 info :mr Steve Nison written his book on this book
  • #12,593
  • Sep 1, 2011 11:48pm Sep 1, 2011 11:48pm
Quoting FXMindset
Great So you learn all these candles from that book bro? a thousands thanks
welcome to you
  • #12,594
  • Sep 1, 2011 11:55pm Sep 1, 2011 11:55pm
Quoting sailor68
I read Japanese Candlestick Charting techniques from Nison, yes its right, most of the charts from stock market
Experience
See large
use by candles LFX
Basic Chart
  • #12,595
  • Sep 1, 2011 11:57pm Sep 1, 2011 11:57pm
Quoting euro_dude
Hi:

This site shows the subtle differences between candlestick patterns on FX vs. Equities:

http://www.fxwords.com/b/bearish-reversal-patterns.html

Regards,
JS
hi JS
thanks 4 your post This site is also useful
  • #12,596
  • Sep 2, 2011 12:41am Sep 2, 2011 12:41am
Quoting extremerrage
sorry for bothering u hussein but u r quiet wrong about that formation ,, it is clear that it is not an abandoned baby,,,and by the way why not waiting for the second candle to close a bit down . for me it is looking like a pin on 0.8500 so it is still not clear ... and sorry again
hi I put a few hours before the closing day but now..
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  • #12,597
  • Sep 2, 2011 2:11am Sep 2, 2011 2:11am
Quoting hussin naiji
hi I put a few hours before the closing day but now..
usd strongs or nzd weak means ? how about usjpy daily bro...its stuck long time
If there was easy money lying around,no one would be forcing it into your
  • #12,598
  • Sep 2, 2011 2:15am Sep 2, 2011 2:15am
Quoting extremerrage
sorry for bothering u hussein but u r quiet wrong about that formation ,, it is clear that it is not an abandoned baby,,,and by the way why not waiting for the second candle to close a bit down . for me it is looking like a pin on 0.8500 so it is still not clear ... and sorry again

when it comes to candlestick nobody can touch hussin knowledge of formations
  • #12,599
  • Sep 2, 2011 2:25am Sep 2, 2011 2:25am
Quoting FXMindset
usd strongs or nzd weak means ? how about usjpy daily bro...its stuck long time
hi i am in bear camp AUDUSD (1.0738 shorted)
but i think buy CHFYEN is better
  • #12,600
  • Sep 2, 2011 2:28am Sep 2, 2011 2:28am
Quoting nAVIN2007
when it comes to candlestick nobody can touch hussin knowledge of formations
no bro i am a beginner only
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