Beyond the Candles | Page 16 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

M candles / Custom candles for second charts 1 reply

Calculating only buy candles vs sell candles 2 replies

Platform which enables the rewinding of candles 3 replies

Missing candles? 1 reply

I need more candles! 4 replies

Attachments: Beyond the Candles
Exit Attachments

Beyond the Candles

  • #301
  • Jan 10, 2012 4:43pm Jan 10, 2012 4:43pm
Hi Hazmat,

Thanks for your chart !

I put some mine for this pair.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpsgd,monthly.gif Size: 13 KB
Click to Enlarge Name: gbpsgd,weekly.gif Size: 17 KB
Click to Enlarge Name: gbpsgd,daily.gif Size: 16 KB
  • #302
  • Jan 10, 2012 10:49pm Jan 10, 2012 10:49pm
Quote
Dariusz Hi Hazmat,

Thanks for your chart !

I put some mine for this pair.


Hi Dariusz,

Thanks for ur chart. Yes i do think its better to wait for confirmation for Gbp/Sgp

Lets hope the trade i took will suceed.


I have also another chart Gbp/Cad

took the trade on rejection on 4hr chart

Everyone pls free to comment. I am still learning stage.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpCAD monthly.gif Size: 57 KB
Click to Enlarge Name: gbpCAD WEEKLY.gif Size: 62 KB
Click to Enlarge Name: gbpCAD daily.gif Size: 67 KB
  • #303
  • Jan 11, 2012 4:58pm Jan 11, 2012 4:58pm
Quoting Hazmat
Hi Dariusz,

Thanks for ur chart. Yes i do think its better to wait for confirmation for Gbp/Sgp

Lets hope the trade i took will suceed.


I have also another chart Gbp/Cad

took the trade on rejection on 4hr chart

Everyone pls free to comment. I am still learning stage.

We are learning all the time ... don't worry
gbpsgp looks good :-)

gbp cad even better !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpcad,monthly.gif Size: 14 KB
Click to Enlarge Name: gbpcad,daily.gif Size: 17 KB
  • #304
  • Jan 11, 2012 5:22pm Jan 11, 2012 5:22pm
Thanks for the charts Hazmat. We never stop learning in this game.
The road to pipland is arduous and fraught with challenge.
  • #305
  • Jan 12, 2012 6:41am Jan 12, 2012 6:41am
Quote
traider Thanks for the charts Hazmat. We never stop learning in this game.

Quote
Dariusz

We are learning all the time ... don't worry
gbpsgp looks good :-)

gbp cad even better !

Thanks mate.

Took additional trade on Gbp/Cad
Hoping does not retrace and hit my stop loss
Attached Image (click to enlarge)
Click to Enlarge Name: gbpCAD 4hr.gif Size: 46 KB
  • #306
  • Jan 14, 2012 3:01pm Jan 14, 2012 3:01pm
I must THANK Fxgroup for that observation I totally agree !
I was sceptic at first, but after some time past and experience show me what is Byeond the Candles. Thanks a lot for eyes opening.

"The fundamental elements (Ticket and others) have a minimal effect for my trading decisions for a very simple reason : I belive that the Big Fishes allready know an information before its released and they allready made their moves...you don't have to belive me, take a calendar and a chart and look the candles before the news"
  • #307
  • Jan 15, 2012 12:17am Jan 15, 2012 12:17am
I have chart on Gbp Nzd.

Waiting for Retracement rejection on daily /weekly to take trade

Pattern 3 dives is it valid?


Fxgroup! Thank you the educational thread
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GbpNzd monthly.gif Size: 57 KB
Click to Enlarge Name: GbpNzd weekly.gif Size: 60 KB
Click to Enlarge Name: GbpNzd daily.gif Size: 63 KB
  • #308
  • Jan 15, 2012 4:31am Jan 15, 2012 4:31am
Quoting Hazmat
I have chart on Gbp Nzd.


Fxgroup! Thank you the educational thread
I think it is a little bit too late, if You have no pending orders.
But the situation is quite clear .

1. M - WPD+WPG= Down trend
Buyers start to loosing and couldn't defend level properly, but I see there quite strong buyers position yet.
2. W - price is in consolidation old RM from Aug
3. D - pin bar (IH) pressures from sellesrs , but mignt be not relevant cl higher than buyers, but it is worth to observ buyers behaviour, for sure they are loosing now.

next target 1.9097
  • #309
  • Jan 15, 2012 4:57am Jan 15, 2012 4:57am
Quote
Dariusz
Quote:

I think it is a little bit too late, if You have no pending orders.
But the situation is quite clear .

1. M - WPD+WPG= Down trend
Buyers start to loosing and couldn't defend level properly, but I see there quite strong buyers position yet.
2. W - price is in consolidation old RM from Aug
3. D - pin bar (IH) pressures from sellesrs , but mignt be not relevant cl higher than buyers, but it is worth to observ buyers behaviour, for sure they are loosing now.

next target 1.9097

Yes Dariusz,

I too feel its risky to enter the market now.

but if they retrace a bit above 1.97 , then its a good opportunity to be in the market.


Any pair on your observation for entry?
  • #310
  • Jan 15, 2012 9:37am Jan 15, 2012 9:37am
Quoting Hazmat
Any pair on your observation for entry?
Well it is only educational thread and I am not enough experienced to give You any advise at the moment. There is many things to learn yet

Let's look at gold for coming week ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gold,monthly 15.01.12.gif Size: 13 KB
Click to Enlarge Name: gold,daily 15.01.12.gif Size: 15 KB
  • #311
  • Jan 15, 2012 2:48pm Jan 15, 2012 2:48pm
Quoting Hazmat
Hi Dariusz,

Thanks for ur chart. Yes i do think its better to wait for confirmation for Gbp/Sgp

Lets hope the trade i took will suceed.


I have also another chart Gbp/Cad

took the trade on rejection on 4hr chart

Everyone pls free to comment. I am still learning stage.
Hi Hazmat and welcome !

Your GBPCAD is totally accordingly with the methodology studied within this thread.
M= down trend
W=RM, the sellers close bellow and the buyers try to defend the RM
D=RM (the buyers attempt to turn the P back in RM), but the sellers take the level's control and give us thei confirmation with the PB-2012.01.09-.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gcw.png Size: 31 KB
Click to Enlarge Name: gcd.png Size: 30 KB
Nothing personal,just business
  • #312
  • Jan 15, 2012 3:42pm Jan 15, 2012 3:42pm
I made this video in order to explain better, how to apply the methodology of this thread and how to read the price on GBPCAD's chart.

http://www.mediafire.com/?hw8rmkf46epvv29

P.S. I hope you enjoy and find useful this video...much more to come !
Nothing personal,just business
  • #313
  • Jan 15, 2012 4:07pm Jan 15, 2012 4:07pm
Quoting fxgroup
I made this video in order to explain better, how to apply the methodology of this thread and how to read the price on GBPCAD's chart.

http://www.mediafire.com/?hw8rmkf46epvv29

P.S. I hope you enjoy and find useful this video...much more to come !
Thanks for very good video, much better to understand crucial things.

Lookn for much more !
  • #314
  • Jan 16, 2012 3:07pm Jan 16, 2012 3:07pm
[quote=Hazmat;5295876]
Quote
I have chart on Gbp Nzd.

Waiting for Retracement rejection on daily /weekly to take trade

Pattern 3 dives is it valid?


Fxgroup! Thank you the educational thread
I have to admit that I don't know very much about 3 dives pattern, but the bearish flag is a pattern that gives me satisfactions very often and GBPNZD is one of those !
Attached Image (click to enlarge)
Click to Enlarge Name: gn1.png Size: 62 KB
Nothing personal,just business
  • #315
  • Edited 4:12pm Jan 16, 2012 3:19pm | Edited 4:12pm
[quote=fxgroup;5299482]
Quoting Hazmat
I have to admit that I don't know very much about 3 dives pattern, but the bearish flag is a pattern that gives me satisfactions very often and GBPNZD is one of those !
Looks like on D, W the price start to make an consolidation in Sept.2011 RM.

Fxgroup on your chart T1 -1,91...90
T2-1,86
  • #316
  • Jan 16, 2012 10:13pm Jan 16, 2012 10:13pm
Quote
fxgroup I made this video in order to explain better, how to apply the methodology of this thread and how to read the price on GBPCAD's chart.

http://www.mediafire.com/?hw8rmkf46epvv29

P.S. I hope you enjoy and find useful this video...much more to come !

Thanks fxgroup.

Better Understanding Support and Resistance.
  • #317
  • Jan 17, 2012 8:29am Jan 17, 2012 8:29am
[quote=Dariusz;5299501]
Quoting fxgroup

Looks like on D, W the price start to make an consolidation in Sept.2011 RM.

Fxgroup on your chart T1 -1,91...90
T2-1,86
Let's read the chart from another perspective !

M chart
1.9986 very important level.
2011.11.01=PB=sellers are strong, but are not strong enough to close bellow the level
2011.12.01=PB=sellers again, bt again ncb the level.

D chart
1= the sellers close bellow the level and we have 2 dojis as the batle between sellr and buyers that defend the 1.9986 and a fight between the static level and dynamic level (TL).
2= the sellers close bellow the TL
3= IB= sellers exhaustion and the buyers retest of the TL
4= PB= sellers confirmation at the TL
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gn1.png Size: 47 KB
Click to Enlarge Name: gn2.png Size: 50 KB
Nothing personal,just business
  • #318
  • Jan 17, 2012 12:13pm Jan 17, 2012 12:13pm
Let's see another exemple of how to read a chart applying our methodology !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gaw.png Size: 54 KB
Click to Enlarge Name: gad.png Size: 73 KB
Nothing personal,just business
  • #319
  • Jan 17, 2012 3:27pm Jan 17, 2012 3:27pm
Quoting fxgroup
Let's see another exemple of how to read a chart applying our methodology !
Static RM
Dynamic RM
Levels ?
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-01-17_22-24_DRM.jpg Size: 45 KB
  • #320
  • Jan 17, 2012 3:54pm Jan 17, 2012 3:54pm
I didn't get your point, could you be more clear ?
Nothing personal,just business
9 traders viewing now