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Daily candle chart

  • #16,301
  • Jun 5, 2014 10:47am Jun 5, 2014 10:47am
Quoting Bones
Hi B ,I would concentrate on Hussins posts Im def thinking this is a bullish set up ,poss no rush to take till nfp {image}
Which pattern would you consider that? Looks like a morning star to me but the last candle would need to close higher maybe
  • #16,302
  • Jun 5, 2014 11:03am Jun 5, 2014 11:03am
really ? ,well monthly is bearish ,but daily looks mighty bullish I have had no time today to look at lfx ,


Quoting hussin naiji
{quote} hi Tony for tomorrow I think USDYEN is best for dealing what is your view about EURUSD.? i have gone short this pair (13638) TP & SL open
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #16,303
  • Jun 5, 2014 11:24am Jun 5, 2014 11:24am
For eurusd there is a bearish engulfing pattern on the monthly timeframe but a morning star pattern on the weekly tf. How do you deal with conflicting indicators? It's possible the next few weeks will be bullish followed by longer bearish weeks in the next month
  • #16,304
  • Jun 5, 2014 11:26am Jun 5, 2014 11:26am
Quoting Trenderer
For eurusd there is a bearish engulfing pattern on the monthly timeframe but a morning star pattern on the weekly tf. How do you deal with conflicting indicators? It's possible the next few weeks will be bullish followed by longer bearish weeks in the next month
Compare the size of the engulfing pattern with the size of the hammer forming this week. Then go with the one that looks stronger.
  • #16,305
  • Jun 5, 2014 11:36am Jun 5, 2014 11:36am
Quoting EveningStar
{quote} Compare the size of the engulfing pattern with the size of the hammer forming this week. Then go with the one that looks stronger.
That hammer would be quite strong if it stays the same until end of week
  • #16,306
  • Jun 5, 2014 11:39am Jun 5, 2014 11:39am
well as day trader I guess we should think long , but tomorrow is a big day ,
to me were range overall


Quoting Trenderer
For eurusd there is a bearish engulfing pattern on the monthly timeframe but a morning star pattern on the weekly tf. How do you deal with conflicting indicators? It's possible the next few weeks will be bullish followed by longer bearish weeks in the next month
Attached Image (click to enlarge)
Click to Enlarge Name: eur USD d1 5 june (DFB).png Size: 38 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #16,307
  • Jun 5, 2014 11:52am Jun 5, 2014 11:52am
but then Hussin is short eu
I don't know $ pairs at res it was my plan to sell here , of course I didn't expect and thought market had gone without me ,
I will wait ,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp USD d1 5 june (DFB).png Size: 42 KB
Click to Enlarge Name: nzd USD d1 (DFB).png Size: 34 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #16,308
  • Edited 12:09pm Jun 5, 2014 11:55am | Edited 12:09pm
oh right
eu pull back to broken bullish tl ?
nu ,I remain bear
cable ,poss bear

Quoting hussin naiji
{quote}this is right we can see a bullish long legged doji pattern(weekly) for this pair but today is on Thursday .I'm wating for a retrace
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #16,309
  • Jun 5, 2014 11:57am Jun 5, 2014 11:57am
eu I'm sure is real bullish
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  • #16,310
  • Jun 5, 2014 12:02pm Jun 5, 2014 12:02pm
EU also had a very nice double bottom today on H1 and H4 charts, I opened a 1 lot long trade on it and got some nice amount of pips off the retracement.

Also, on the EURCHF H4 chart, we are forming a double bottom, let's see if price closes higher on this too.

I have already a long trade on this.
  • #16,311
  • Jun 5, 2014 6:03pm Jun 5, 2014 6:03pm
Just wondering if there's a way to get all of hussin's posts in a single file to download. I saw this done in another thread but don't know how.
  • #16,312
  • Jun 6, 2014 7:05pm Jun 6, 2014 7:05pm
Well the eurusd didn't form a hammer on the daily but the downtrend has weakened over the past week. Important to remember that a reversal candle doesn't mean the trend will reverse. The price could go sideways for a time and then continue the old trend
  • #16,313
  • Jun 7, 2014 12:08am Jun 7, 2014 12:08am
Quoting Trenderer
Well the eurusd didn't form a hammer on the daily but the downtrend has weakened over the past week. Important to remember that a reversal candle doesn't mean the trend will reverse. The price could go sideways for a time and then continue the old trend
My sentiment for this week is still bullish. Here's why

On the daily chart, we have a bullish outside bar retrace from 1.35 which is a very strong support level.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.daily.png Size: 41 KB


And on the weekly chart, we have a dragonfly doji retrace from 1.35

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.weekly.png Size: 39 KB


But still, to go ahead with this, I invite Hussin and Bones to give their expert opinion
  • #16,314
  • Jun 11, 2014 6:54am Jun 11, 2014 6:54am
[quote=hussin naiji;7516152]{quote} hi Tony for tomorrow I think USDYEN is best for dealing what is your view about EURUSD.? i have gone short this pair (13638) TP & SL open[/quot
i have closed my position 1.3535
  • #16,315
  • Jun 11, 2014 6:59am Jun 11, 2014 6:59am
Quoting EveningStar
{quote} My sentiment for this week is still bullish. Here's why On the daily chart, we have a bullish outside bar retrace from 1.35 which is a very strong support level. {image} And on the weekly chart, we have a dragonfly doji retrace from 1.35 {image} But still, to go ahead with this, I invite Hussin and Bones to give their expert opinion
what can I help you?
dragonfly doji ? I can not see a dragonfly doji for EURUSD . you can explain me pls .
  • #16,316
  • Jun 11, 2014 7:01am Jun 11, 2014 7:01am
Quoting Bones
eu I'm sure is real bullish
only a pullback (or false uptrend )
  • #16,317
  • Jun 11, 2014 7:07am Jun 11, 2014 7:07am
it's(1.6800) best time for short GBPUSD.
a bearish pattern for daily candle chart GBPLFX .
a H&S for daily candle chart GBPLFX
  • #16,318
  • Jun 11, 2014 7:08am Jun 11, 2014 7:08am
Yes always thought pullback ,but there you go ,didn't even break yet
Ive been trading GBP ,how do you feel about gbp ?


Quoting hussin naiji
{quote}only a pullback (or false uptrend )
Attached Image (click to enlarge)
Click to Enlarge Name: gbp CAD d1 (DFB).png Size: 32 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #16,319
  • Jun 11, 2014 7:18am Jun 11, 2014 7:18am
Quoting Bones
Yes always thought pullback ,but there you go ,didn't even break yet Ive been trading GBP ,how do you feel ? {quote} {image}
I see 6650
Attached Image (click to enlarge)
Click to Enlarge Name: w gbpusd.png Size: 28 KB
  • #16,320
  • Jun 11, 2014 7:20am Jun 11, 2014 7:20am
great ,I hold short s in profit for mo,


Quoting hussin naiji
{quote} I see 6650 {image}
Attached Image (click to enlarge)
Click to Enlarge Name: gbp USD d1 11 june (DFB).png Size: 43 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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