hope someone can share experiences..........
http://www.forexfactory.com/showthread.php?t=81018
http://www.forexfactory.com/showthread.php?t=81018
Daily Chart 3-Candle 1,351 replies
Daily Candle On Chart Indicator? 6 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
Dislikedin the weekly candle chart EURUSD also we see a strong kabuse of bozuIgnored
DislikedHussin, after your post a few weeks ago on the weekly EURUSD ( http://www.forexfactory.com/showpost...&postcount=148 ), is there anything new that you can see or do you still feel the candles are pointing down?
Thanks
RobIgnored
Dislikedhi Rob
be careful pls in the weekly candle chart EURUSD no:148 , we have seen a kabuse of bozu pattern .then a long blue candlestick has contravened this pattern in the next week( of course by reason bad NFP ).
long blue candlestick is a bullish continuation pattern but with low reliability.
if you have seen weekly candle chart EURUSD no:165 ,i have pointed to a hanging man.
with appearance this weekly hanging man , we see the bulls will be less likely to buy at the higher prices levels.
attention to longer lower wick of hanging man that show to us the bears were abled to take price down .also attention to upper wick of hanging man that is equal with high price kabuse of bozu pattern.
then we see after hanging man ,a long upper wick candlestick with a small real body .
attention ,only appearance a hanging man is not sign a fall, maybe also will be a signal stop previous uptrend or a sideways and then fall.
Rob , my point of view about EURUSD is sell
i can not see bullish patterns or bullish continuation patterns for EURUSD now.
Ignored
Dislikedmy broker is MIG
but about....or you think the best for daily open candle?
be careful , only these candlesticks have high reliability or medium reliability for daily or weekly candle as follows:
1-blue closing bozu
2-blue opening bozu
3-blue of bozu
4-red of bozu
5-red closing bozu
6-red opening bozu
7-long upper wick
8-blue marubozu
9-long blue candlestick
10-blue opening marubozu
11-blue closing marubozu
12-red marubozu
13-red closing marubozu
14-red opening marubozu
15-long red candlestick
16-plus koma
17-negative koma
but below daily timeframe(H8-H4-H1-M30-M15) , these candlesticks have high reliability or medium reliability as follows:
1-karakasa
2-tohbo
3-high wave
4-long legged doji
5-inverted hammer
6-blue candlestick
7-red candlestick
8-red spinning top
9-blue spinning top
10-four price doji
11-short blue candlestick
12-short black candlestick
13-star
14-rickshaw man
15-tonboIgnored
Dislikedhussin
Good to see you back !!
take care and keep on teaching us all.
bazIgnored