Forex Candlestick Patterns

[forexenator]

Shaven head in the GBP/USD daily chart, a bearish candle may follow tomorrow. Watch for the U.K. Economic calender release and get ready to go bearish.Check my weblog for a screenshot.

 

[ChowClown]

Gann followers eyeing 7750ish and weekly chart fib retracements using 8th Aug swing high & 18th July low:

38.2% 1.7829
50% 1.7722
61.8% 1.7616

Good luck all.

 

[forexenator]

Gann followers eyeing 7750ish and weekly chart fib retracements using 8th Aug swing high & 18th July low:

38.2% 1.7829
50% 1.7722
61.8% 1.7616

Good luck all.

who is Gann? and what is his strategy please? May you clarify?

 

[ChowClown]

I'll send you a pm.

 

[forexenator]

Tweezer top formation in the EUR/USD weekly chart.

Tweezer top formation in the EUR/USD weekly chart, This will trigger a sell signal on breaking 1.2314 level.

 

[forexenator]

Bear candle as suggested in the previous post confirming the bearish short term pattern in the cable.

 

[charliechan]

you must be kidding.

thats just profit taking - not bearish at all.

youre gunna get your 4x butt kicked bad if you go short

 

[forexenator]

you must be kidding.

thats just profit taking - not bearish at all.

youre gunna get your 4x butt kicked bad if you go short

Hi charlie, First don't use such words while commenting on other people analysis. Second I already got the profit I wanted and closed the position, so there is no place for your expectations now. At the end of the day I always take a look again at the charts and recomment again. Yesterday i said it may show a bearish candle and you may have collected at least 20-40 pips if you tried to trade in the cable.
Good luck

 

[forexenator]

Typical shooting star in the USD/CHF daily chart

Typical shooting star in the USD/CHF daily chart indicating a bearish day may follow.

 

[forexenator]

Hammer formation in the EUR/USD daily chart.

A long bearish candle transformed to a long hammer, indicating the probability that tomorrow will be a Euro bulls day. Buy order triggered on prices breaking 1.2371 for +10 pips to +50 pips or according to your exit strategy. Please note that I always close my oredrs after a minimal amount of pips regardless which pattern I see in the candlestick charts.[

 

[TheWolf]

Dont care where it's heading. As long as it's going somewhere im happy =)