Daily candle chart | Page 656 | 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

  • #13,101
  • May 7, 2012 2:58pm May 7, 2012 2:58pm
Bones, it almost seems each time there is a large gap down, it recovers fully and continues to run.

I see them as a good way to wipe out all longs, and then screw over all the shorts. The rest of the week will tell, but I personally won't take any shorts, NOR longs until I see something I like.

Let's watch and see. Thanks for the charts.
  • #13,102
  • May 7, 2012 3:03pm May 7, 2012 3:03pm
Well I would hope Hussin would say bearish in the neck on D1 bounced right on nice location on weekly ,but again im thinking look what it did last week ??
Attached Image(s) (click to enlarge)
Click to Enlarge Name: lfx jpy d1 7-5.gif Size: 19 KB
Click to Enlarge Name: lfx jpy w1 7-5.gif Size: 18 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13,103
  • May 7, 2012 3:16pm May 7, 2012 3:16pm
also I am short eu ,close under 1.3058 is bearish !!

If the gap down where not there that candle would not look like that thats all im saying haha

Buyers beware ! I hope
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd d1 7-5-12.png Size: 35 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13,104
  • May 7, 2012 3:24pm May 7, 2012 3:24pm
yes got short at 1.306, dont let the noise distract you. will close and short higher if need be

a 100 pip gap down that only means one thing.. we are going much lower
An opportunity lost is not a capital cost.
  • #13,105
  • May 7, 2012 3:26pm May 7, 2012 3:26pm
Quoting Bones
also I am short eu ,close under 1.3058 is bearish !!

If the gap down where not there that candle would not look like that thats all im saying haha

Buyers beware ! I hope
Also where did you get that number from, 1.3058?
An opportunity lost is not a capital cost.
  • #13,106
  • May 7, 2012 3:32pm May 7, 2012 3:32pm
Cable has me going I moved some of my eu short to that being short around the gap ,under 1.6200 is bearish ,
I'm trying to look at the story here and I see the huge (compared to those around ) break out of 1.6xx
I do wonder how far down we could go at this point ,if we go id def be on my toes at 1.6
Attached Image (click to enlarge)
Click to Enlarge Name: gbp w1 7-5.png Size: 42 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13,107
  • May 7, 2012 3:43pm May 7, 2012 3:43pm
I'm thinking bulls are running out of steam ,i read the weekly as bearish ,I'm thinking that hammer is false but pretty
Attached Image (click to enlarge)
Click to Enlarge Name: eur cad 7-5.png Size: 36 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13,108
  • May 7, 2012 4:06pm May 7, 2012 4:06pm
we got eurusd close below 3058, but i think 3050 was the number. and it closed right on the number didnt it? just wondering how you got 3058, im not that experienced in FX

Either way I'm still short until 3064 breaks
  • #13,109
  • May 7, 2012 4:07pm May 7, 2012 4:07pm
Really this is a trouble area and if you look at previous weeks I still believe correction(only rising 2 before big push ) ,now above my pivot ,really the box you could get many ,2.6800 round number just above ,

Nothing concrete at all ,gaps up here just look bearish to my eye but no idea about that ,you would be half way up box the pound has done really well



Quoting Bones
gap up into res = bearish ,major tl there also pivot

I meant 2.6775 is target for bulls ,i really did typo
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp lfx w1 7-5 close.gif Size: 24 KB
Click to Enlarge Name: gbp lfx w1 7-5.gif Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13,110
  • May 7, 2012 5:47pm May 7, 2012 5:47pm
Hey everyone. I'm watching USDSGD tonight for sells. Heres what my chart looks like. Daily candle is a good looking flying buddah off the 1.25 level.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.7.12 USDSGD Outlook.png Size: 30 KB
Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.
  • #13,111
  • May 7, 2012 6:03pm May 7, 2012 6:03pm
to me it does not look convincing considering the nice trend ,note lower wick also close "meeting lines"

I give it to 1.6500 lowest then Ill think again
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx d1 7-5 close.gif Size: 22 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13,112
  • May 7, 2012 6:26pm May 7, 2012 6:26pm
Quoting BFSGcapital
Also where did you get that number from, 1.3058?
its the DM4 Line as well as the H5 LB target from Cam PP's and the [PIVOT] R1 Line
Don't chase the market, Let the market come to you
  • #13,113
  • May 8, 2012 12:06am May 8, 2012 12:06am
Eyes down ,hammer has been taken also major pivot ,TL there but not really lining up with anything

1.6500 is round number,monthly swing high
Attached Image (click to enlarge)
Click to Enlarge Name: aud lfx d1 8-5 close.gif Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13,114
  • May 8, 2012 12:10am May 8, 2012 12:10am
Now ?in gap tho ,but promising ,also h4 top of old channel


Quoting Bones
to me it does not look convincing considering the nice trend ,note lower wick also close "meeting lines"

I give it to 1.6500 lowest then Ill think again
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx d1 8-5 close.gif Size: 22 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13,115
  • May 8, 2012 12:29am May 8, 2012 12:29am
Gap gives support w/ 3 bullish solders. She may have a bit more north.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 4hr.gif Size: 42 KB
  • #13,116
  • May 8, 2012 12:31am May 8, 2012 12:31am
respected line up against ,not that strong? ,poss top channel higher
Attached Image (click to enlarge)
Click to Enlarge Name: usd lfx h4 8-5 close.gif Size: 23 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13,117
  • May 8, 2012 12:36am May 8, 2012 12:36am
Pull back to gap ? maybe rising 3 ,ideally daily will not break but gap still there ?


Quoting Chillypiper
Gap gives support w/ 3 bullish solders. She may have a bit more north.
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd h4 8-5.gif Size: 15 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13,118
  • May 8, 2012 12:44am May 8, 2012 12:44am
Quoting Bones
Pull back to gap ? maybe rising 3 ,ideally daily will not break but gap still there ?
Indeed, I love to short her at 3110/30 area, is good daily line there I think.. Not sure she get there though..GL!
  • #13,119
  • May 8, 2012 4:59am May 8, 2012 4:59am
now we see tl respected
Attached Image (click to enlarge)
Click to Enlarge Name: GBP JPY 8-5 H4.gif Size: 14 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13,120
  • May 8, 2012 12:21pm May 8, 2012 12:21pm
eur really looks set to close that gap eur cad has closed
Attached Image (click to enlarge)
Click to Enlarge Name: eur lfx 8-5 2 d1.gif Size: 17 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
5 traders viewing now