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Showing posts with label Candlestick Formation Of The Week. Show all posts
Showing posts with label Candlestick Formation Of The Week. Show all posts
Thursday, January 21, 2010
Candlestick Pattern Reveal It All...

Hello everyone,
Check it out !!! this was spotted the same day as the previous candlestick pattern...
I've seen much volatility in the market this pass 2 days...overbought & oversold in most of the major currency...making me cry with over joy...hahahahaha
I can bet you...if you really been putting in effort, on learning candlestick pattern...you will probably have a field day right now...
To prove my point on this notion...I submissively commit myself to opening 5 entry positions as a sign of how confident I am with this candlestick pattern...
"Assimilate into your very bones a set of trading rules that works for you"
Monday, December 21, 2009
Monday Blues...

Hello everyone...
Here is a candlestick pattern that is worth looking into...that is what I call perfect formation...
Nevertheless, always remember to check your indicator & oscillator on the direction of the trend it is heading...refer to the candlestick pattern images & ideas for what to look for in this pattern...
Good Luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Monday, November 30, 2009
Candlestick Pattern Spotted



Hell again,
Heads up guys & gals...currency pairs that's worth looking into...look at the wonderful candlestick pattern that has emerged...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Tuesday, November 24, 2009
Candlestick Pattern Spotted




Hello again,
Here is this week candlestick pattern...always remember to double check with the RSI, Stochastic & MACD to confirm trend direction...
Good luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Monday, November 23, 2009
Trade Results

Open Position: 1
Closed Position: 1
Total Pips Earn: 93
Total Profits Earn: 153.74
Looks like last week trade went in our favor...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Friday, November 20, 2009
Latest Trade Updates...
Hello again,
Update on the EUR/GBP pairs...seems that the MACD has signal us that the momentum of the bulls are not strong enough to push the prices up for long.
It looks like a reversal is coming into play...so I will place a short entry order just in case price break below the 0.8920...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Update on the EUR/GBP pairs...seems that the MACD has signal us that the momentum of the bulls are not strong enough to push the prices up for long.
It looks like a reversal is coming into play...so I will place a short entry order just in case price break below the 0.8920...
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Thursday, November 19, 2009
19.11.09 Formation Of The Week


Hello again,
Here are 2 currency pairs that caught my eye...great potential building up...
Always remember...we re here to earn money the fast & easy way known possible & technical trading is the best way to do it, simple because we are the minority & that alone will be the ultimate winning strategy...so good luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Friday, November 13, 2009
Candlestick Pattern Spotted


Hello again,
Here is another candlestick pattern that I find interesting...so heads up !!! don't say I didn't warn ya...
Good Luck !!!
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Sunday, November 1, 2009
Hammer Time !!!

Hello everyone,
My favorite candlestick pattern has been spotted !!! but then again...Stochastic & RSI is at an oversold value...so I guess I have to wait a bit longer for a clearer picture.
"Whatever you do, whether you bet with the herd or against, think it through independently first."
Friday, October 30, 2009
Check Out The Candlestick !!!


Hello again,
Spotted some potentially interesting candlestick pattern, do check it out !!! You will never know, it might get interesting...
Good luck !!!
"People who buy headlines eventually end up selling newspaper."
Thursday, October 29, 2009
Another Example On Trading Via Candlestick Pattern

Hello again,
Here is another great example on why you should learn candlestick pattern & my personal reason for not entering the USD/JPY trade. Was too caught up on this charts & personally the volatility is much better compared to the USD/JPY pair.
See ya !!!
"People who buy headlines eventually end up selling newspaper."
Did You Make The Right Choice ???

Hello again,
How was it ??? did you make the right decision ??? I hope so...
*Now then, let me tell you in the beginning of the week why I tell you to look into this particular USD/JPY pair.
*
It started with my blog post titled "Keep It Tight" & as mention in the blog, I have spotted a "Hanging Man" candlestick pattern, which to me is a significant signal for an entry order to sell & as you can see in the above chart, it did went down 50+ pips before bouncing back up, so hopefully, if you have placed a stop-loss order of more than 30+ pips above the "Hanging Man" candlestick pattern then you won't be stop out.From there onwards, prices will be in your favour.
*
But then again you might be asking yourself, who the hell is this layman & why is he so sure ???
*
Firstly it was the candlestick pattern that send us the signal to placed an entry order, secondly the stop-loss was not triggered & I believe anyone will placed their stop-loss at more than 30-40 pips respectively, thirdly why or how did I know that it prices will slide further ??? reason to it was simple, the 2nd "Hanging Man" candlestick appeared again (ref to above chart) & lastly if you follow my blog post title "Keep It Tight" Updated then you will know the answer to that...& mind you it did went down more than 40 pips below the 200 SMA that I have mention earlier.
*
As for the blog post title What do you think ???, notice how I "BLOW UP" the bottom words ??? it's just a gesture so that you can see clearly what I was hinting on...hehehehe...
*
So again I stress !!! on the benefits we get from studying the candlestick patterns...& the best thing of all, it's FREE !!! no course fee involved, no seminars to attend !!! just spare a bit of your very own time to do research & self study on the various pattern that is around !!!
*
I believe it will slide further !!! so you decide !!! 90.00 should not be a prob...
I believe it will slide further !!! so you decide !!! 90.00 should not be a prob...
Good luck !!!! See ya !!!
"People who buy headlines eventually end up selling newspaper."
Wednesday, October 28, 2009
Keep It Tight !!! Updated

Hello everyone,
Just an update on the current USD/JPY charts that I previously mention in my blog, "Keep It Tight". Look at the potential gains that it provide us if we took interest in learning the candlestick patterns, & mind you it's at "ZERO" cost !!!
By looking at the charts above, I believe that it will eventually break below the 200 SMA line, if it breaks, the price will slide down at least 40-50 pips more before it try to pull itself back up !!! so wait for it !!!
Although I am not into this currency pairs, hopefully it's beneficial to you...
"People who buy headlines eventually end up selling newspaper."
Saturday, October 24, 2009
Keep It Tight !!!


Hello everyone,
For next week, here is the currency pairs that I will be looking into, the candlestick pattern looks interesting enough. If you look at the example provided, it's potential is somewhat convinving in my opinion...
Anyway next week is the last week of the month of October !!! so keep it tight !!!
"People who buy headlines eventually end up selling newspaper."
Thursday, October 22, 2009
Long-Legged Doji Pattern

Hello again,
What was supposed to be a "Hanging Man", in the end turn up o be a "Long-legged doji"
The Japanese say that whenever a Doji appears, always take notice. A well-founded rule of Candlestick followers is that when a Doji appears at the top of a trend, in an overbought area, sell immediately. Conversely, a Doji seen at the bottom of an extended downtrend requires buying signals the next day to confirm the reversal. Otherwise, the weight of the market could take the trend lower.
So again I bid you good luck !!!
"People who buy headlines eventually end up selling newspaper."
Will It Be A Hanging Man ???

Hello everyone,
Look at what we got in the EUR/GBP pairs...might turnout interesting.
Just remember the rule of thumb, wait for a close in the candlestick to confirm it.
Good luck !!!
"People who buy headlines eventually end up selling newspaper."
Wednesday, October 21, 2009
Is This an Advance Block Pattern Emerging ???
Hello again,Just thought you would like to keep an eye on this GBP/CHF currency pair...wait for a close in the last candle to confirm its pattern...the "Advance Block"...
Might just turn out to be nothing in particular...
"People who buy headlines eventually end up selling newspaper."
Shaven Bottom Candlestick Pattern Again ???

Hello again,
Since the volatility in the market I managed to detect another "Shaven Bottom" candlestick pattern...
Hahahaha...as usual I guess you know I will say....
"People who buy headlines eventually end up selling newspaper."
Shaven Bottom Candlestick Pattern

Hello Again !
What a dull day it turns out to be, no interesting candle caught my eyes, but then...eureka !!! spotted an interesting candlestick pattern called the "Shaven Bottom"...
Guess what I did ???....hahahaha !!! Anyway let's see how this turns out later in the day. Planning to hold it for awhile, so I move my stops just in case of a price pullback.
"People who buy headlines eventually end up selling newspaper."
Tuesday, October 20, 2009
Candlestick Pattern Results
Hello there,I am happy to say that the turn of events is in my favour...My dedication to studying the candlestick pattern proof fruitful !!!
See the charts above...glad that I made the right call...
Refer to my previous blog..."Hang Man Candlestick Pattern"
"People who buy headlines eventually end up selling newspaper."
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