http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/ This blog goes where few traders dare - the exciting world of Forex outside the dollar! Mon, 15 Mar 2010 06:13:06 +0000 http://wordpress.org/?v=2.3.1 http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-4722 precious Tue, 29 Dec 2009 12:40:43 +0000 http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-4722 well can anybody explain more about kicker candlestick or signal. i really want to know more about that well can anybody explain more about kicker candlestick or signal. i really want to know more about that

]]> http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-4137 Commodity currencies turning. | fxmadness.com Mon, 02 Nov 2009 15:30:45 +0000 http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-4137 [...] Last week’s candlestick formed a large bearish engulfing line pattern, considered by me a strong formation. None of these alone would be worrisome, but coming together in confluence point towards very [...] […] Last week’s candlestick formed a large bearish engulfing line pattern, considered by me a strong formation. None of these alone would be worrisome, but coming together in confluence point towards very […]

]]> http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-3504 Euro-Pound. | fxmadness.com Wed, 14 Oct 2009 16:23:13 +0000 http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-3504 [...] with different clues. Should current candle close as a reversal pattern, some kind of shooting star or other bearish formation, one could attempt to go short early next week. Objective would indeed be 0.8500, risking maybe 150 [...] […] with different clues. Should current candle close as a reversal pattern, some kind of shooting star or other bearish formation, one could attempt to go short early next week. Objective would indeed be 0.8500, risking maybe 150 […]

]]> http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-3496 Pound roller coaster. | fxmadness.com Tue, 13 Oct 2009 18:05:43 +0000 http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-3496 [...] the way it is sketched out. In reality, if price bounces by any meaningful margin, development of strong reversal candlestick pattern could be a signal sell EUR-GBP.  BTW, almost exactly opposite situation exists in Pound-Swissy [...] […] the way it is sketched out. In reality, if price bounces by any meaningful margin, development of strong reversal candlestick pattern could be a signal sell EUR-GBP.  BTW, almost exactly opposite situation exists in Pound-Swissy […]

]]> http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-2996 Bank of England and deposit rates. | fxmadness.com Wed, 16 Sep 2009 03:35:33 +0000 http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-2996 [...] day. Have to sleep sometime, hence no trade. Even so, entry would have been on the close that nice doji/hammer at around 1.7160, with a subsequent move of over 100 pips before collapse on King’s remarks. [...] […] day. Have to sleep sometime, hence no trade. Even so, entry would have been on the close that nice doji/hammer at around 1.7160, with a subsequent move of over 100 pips before collapse on King’s remarks. […]

]]> http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-2756 Trading without any indicator (use candlestick only) - MoneyTec 2.0 Social Networking Community Wed, 26 Aug 2009 02:11:20 +0000 http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-2756 [...] You can keep trading very technically simple, with candlesticks being primary tool. Read more about Candlesticks and Forex. Last edited by grunwald; 08-22-09 at 09:07 [...] […] You can keep trading very technically simple, with candlesticks being primary tool. Read more about Candlesticks and Forex. Last edited by grunwald; 08-22-09 at 09:07 […]

]]> http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-2703 Trading without any indicator (use candlestick only) - MoneyTec 2.0 Social Networking Community Sat, 22 Aug 2009 19:34:18 +0000 http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-2703 [...] Yes, it is possible, although candlesticks can not really be used in Forex trading the way they were developed. In 24H trading there is gaps between daily candles, which eliminates many "pure" candle patterns. [...] […] Yes, it is possible, although candlesticks can not really be used in Forex trading the way they were developed. In 24H trading there is gaps between daily candles, which eliminates many “pure” candle patterns. […]

]]> http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-2536 MACD divergences. | fxmadness.com Wed, 05 Aug 2009 16:04:10 +0000 http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-2536 [...] the tops is bigger in MACD. Unlike previous example, we see this pair didn’t have a reversal candlestick pattern yesterday. However, if today closes as a bearish candle, this could act as a more complex formation. [...] […] the tops is bigger in MACD. Unlike previous example, we see this pair didn’t have a reversal candlestick pattern yesterday. However, if today closes as a bearish candle, this could act as a more complex formation. […]

]]> http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-706 admin Mon, 16 Feb 2009 16:56:27 +0000 http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-706 Andy, candlesticks are charting tool, not a trading system. They don't provide targets, stops, etc. That's why they should be used with other analytic tools. Andy, candlesticks are charting tool, not a trading system. They don’t provide targets, stops, etc. That’s why they should be used with other analytic tools.

]]> http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-705 Andy Mon, 16 Feb 2009 11:34:04 +0000 http://fxmadness.com/2009/02/15/general/more-on-candlesticks-and-forex/#comment-705 I use candlestick charts, but only because it is easy to tell down period from up. Never bought into the funny names patterns. Whenever I saw predictions based on these charts, only thing they could tell was buy or sell. No targets, nothing. I use candlestick charts, but only because it is easy to tell down period from up. Never bought into the funny names patterns. Whenever I saw predictions based on these charts, only thing they could tell was buy or sell. No targets, nothing.

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