Thursday, August 28, 2008
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Basic Technical Analyst
Candle stick formation

The Bullish Candlestick Formations

This all is Bullish pattern(up). Several among indicate strong bullish pattern. Some guidance , when bring together contra following then high possibility happen is a trend bullish quickly.

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Hammer – You sure you can anticipate why mentioned hammer. Hammer happened after trend downward that strong. If occurs after trend strengthen that sharp then mentioned hanging man. His form as bullish pattern with lowest price in whose and not possess highest price.

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Piercing Line – First Candle is bear candle long in follow bull candle who also long. Bull candle appears under bear candle but not reach half from bear candle.

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Bullish Engulfing Lines – Make bullish pattern powerful ones and occurs after downtrend sufficiently large (and usually is trend back / reverse). Happen when bearish small followed bullish large.

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Morning Star – Pattern such indicate price has achieved under point (support) potential(contra strong) . Appearance star (candle centered) would happen trend back(reverse trend) when am being followed bullish to candle following it. Star gets purport bull candle or bear candle .


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Bullish Doji Star – Star such guide trend back his nature still undecided. If nothing indicator other upholder it which ensures trend will last , suggested to wait and see prior .

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Long Bearish Candle
–Bearish candle happened when price open near to highest price and off near to lowest price.





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Hanging Man – Occurs after uptrend are standing out . Consisted two candle with lowest price that long under without highest price. Pattern such is the reverse from hamer to bullish candlestick formation.

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Dark Cloud Cover
– Make bearish pattern . Would be stronger his influence when candle second emerge dibawah from bullish candle first.





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Bearish Engulfing Lines – Make bearish pattern who are strong enough when occurs after uptrend and make reverse pattern. Occurs after bullish candle small followed bearish candle large.

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Evening Star – Thats price already achieved point resistance point it. Star (candle centered) indicating the possibility happen trend back purport bearish. Star gets purport bear candle or even bull candle.



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Doji Star – As in bullish doji star, that doji star such guide bearish trend with periode who are not sure. Is required amplifier as evening star to make sure him.


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Shooting Star – Was the trend back minor. Star should possess highest price sufficiently long to touch which is said shooting star.


Neutral Candlestick Formations


Formation candlestick neutral not show uptrend want even downtrend. For conditions such suggested wait and see.



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Spinning Tops – Completely unchanged and distance of between open and close not too large. Unascertained what will happen .


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Doji – As Doji to formation bullish or even bearish. Position such indicate some trend would happen and periode
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Double Doji –For model double doji such possibility which will happen is “breakout” to not sure that happened. Even so model breakout would happen fixed unascertained from just this movement. Should have other upholder it.(lavel flow)

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Harami – Model such this indicate decrease it momentum trend which will immediate am being followed ended it trend. Consisted candle with measure lesser stay centered central candle a bigger one before it. In the example beside indicate ended it bullish trend because bullish followed by bearish candle lesser.


Reversal Candlestick Formations

trend back / reversal.

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Long-legged Doji –Often demonstrate turning-point. Happen when open and closing price are the same with highest and lowest price realatif large.

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Dragonfly Doji – Also is turning-point. Only show that lowest price it far bigger compare highest price.
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Gravestone Doji – Open and close and lowest price is the same. While highest price far rise.


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Stars – His position stay above from candle before it all kinds equivalent. As in candle other , condition such show reversal trend may occur.

Movement candle stick that should in know and in study carefully . Because candle above this is as an example of how movement pro n contra play role will masing - masing until it become will a trendy up or trendy down .


How his use's way?

Hereabouts is a cth how one active that natural progression we see . His majority this movement must go through (PRO N CONTRA) namely a ubiquitous movement in one purchase of and sale stated market .
For example , one movement that have "pro n contra" it.To make sure it bergerakan dlm contra it news must be always particle suffixed to the emphatic word in sentence up date from time to time . This must reason dgn news that just now meboleh will iya become break 100% accurate dah allow our will oder position dgn peace...........
Break divided in 3 part namely break "V,U
&1LINE"...

BREAK "V"
A movements deep contra it always active become will the movement "reverse" or even movement form will line stated become form "V".Inside market customary there were "cut rate,drop price,interest,rezeb fund,top up fund,coin price new dll"..customary impact from news stated dlm medium impact become it will move dlm state "pro n contra"...

BREAK "U"
Break "U" is a rather sluggish movement in active direction opposite one trend stated . For example , this movement is ordinary it happen dlm without us realize . It guide slow progress it still active in something direction whereas it already guide first direction opposite inch...this caused will in market it exist problems like "oder not acept,accepted fund no much@slow reach,no get receive additional fund(qauta full),had to make rezeb ". This slowly movement will stated although deep candle stick it show will positive to rise.


BREAK "1 LINE"
Is break to strenuous dlm every movement it.As good as it plenty trader not make oder to the time , this is because to stated market market has been erratic and movement dlm line it make reverse in 1 line trend wax and wane @ fall and up.This caused will movement dlm market have got over or utk stated one country stabilization.Customary stated one country try put high fund to reform market will it (oder from low level) with become investor will other victim of circumstance to take margin from high level to stated exchange.Will see to news "manage dana,rezeb dana,profitquaters money managemant,interest highers,oil up,sponser(funder)"It can be seen to news "additional fund,rezeb fund,division profit finance,interest rising,oil leaps to,sponser(funder)



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Spot a pattern currency

Before spot of little analysis technical, as good it know one once several pattern currency movement or index that you more spotting pattern – pattern that there.


Picture above make index for the eyes uang AUD / USD periode four hour time, notice peak from index that. At every the peak is highest price from AUD for USD, where USD weaken for AUD. Vice-versa you notice gap index where movement one can bahwa AUD weaken for USD or USD strengthen again .

From data index to currency AUD / USD with periode four hour, whether ordinary information one sees or meet from data stated?

Roughly it , you may determine range to ber highest cost like (box orange), everywhere price (Blue box), and also lowest price (Green box) to the second decide him miss from analysis fundamental . With data stated can your particle suffixed to the emphatic word in sentence to decide oder “Buy / Sell” to the movement .


A data alone is not enough determine movement 100% , you have to make per compare an to analyse data stated more advanced , that you brisker what is you enter market at the present or even waiting once until the price suitably to oder to position that safe .

As comparison to analyse , please take from scale periode per week and per monthly .

From two data per compare index AUD / USD on, presently best position is position “Sell” to duration lamaswing) with data shows that price at present is price range to highest peak and likely AUD will weaken to position index everywhere (level flow) or touch to level range lowest .

Apart from alter periode time to get analysis fundamental that accurate, we could also compare with data index other currency . Should dingati USD's currency have efect on global all currency in the world .

I take for couples example GBP / USD with periode per month.

From data index GBP / USD under, obtain currency exchange value GBP for USD to position range highest (Orange's Box) and has the same meaning that best position this moment is position “Sell” to think long-term karena make possible GBP would be inclined weaken for USD.

Other reason that can we separate with see two data index namely EUR / USD and GBP / USD that economy condition US . America this moment was very fell because eye all strength world money for USD and state logic US Amerika make possible would issue fund - fund reserve to strengthen economy to increase currency value USD for eye other money , so tendency to do transaction with position “Sell” to currency EUR / USD, GBP / USD and AUD / USD sangatlah in pestle - welcome with time enough transaction old or short to acquire profit.

Gospel from analysis already telling above is by determine possibility limit highest , everywhere(level flow) and lowest from one currency movement . By knowing range it we easily as easy as it determine movement position :

  • When currency a price had alluded to range over position, then best transaction at that time was for position “Sell”
  • Vice-versa, when currency a price had alluded to range under position, then best position at that time was for position “Buy”
  • when currency a price touch range everywhere(level flow) , best position only with waiting change market forex , transaction with see condition fundamental , or open transaction position with position “Buy” AND “Sell” by amount (Locking)(balance trade) .

Profit using analysis above:

  • Quicken in doing position decision
  • Easy

Damage use analysis above:

  • Range gets turning – change so as still ignore analysis by fundamental prior .
  • Long time deep position, until eat time day – our day should think his risk prior and margin we have .
posted by liafx @ 7:07 PM   0 comments
 
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