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malacha101
08-11-2014, 08:38 AM
Introduction
Candlestick is a technique to map the movement of prices
both the market the stock market, commodities, or foreign exchange also
(forex). This technique belongs to the group of technical analysis and is the oldest in the techincal analysis techniques. this technique was created in Japan by Munehisa Homma (1724-1803) which also known as "Gods Markets" in two books Sakata Senho and Soba Sani No Den. In 1991, Steve Nison
This technique introduced to the West in his book Japanese
Candlestick Charting Technique.

44805

White candlestick is a bullish candle (rose) and candle
black is bearish candle (down).
Note that the candle was no such thing as Body or
body namely the difference between the open and close and also Shadow or
shadow or tail is the difference between high / low with
open / close.

The body length and shadow play a role in the analysis
very important. The longer the body can be interpreted
increasingly clear market direction seen through the candlestick. The more
long shadow indicates greater back pressure
given above market trend seen through the candlestick.
For my example we see a bullish candlestick (which
white).

The longer the body, the more obvious the bullish trend
formed due to the distance between the open and close are farther away.

The longer the upper shadow (tail above) then
the greater the pressure the resistance provided by the high point
on this bullish trend. And the longer the lower shadow (tail
that below), the greater the pressure exerted point
low on this bullish trend. In this case we can also interpret that
high and low that is the point of resistance and support are
the pressure of the long shadow formed.

Candlestick Patterns
There are many candlestick pattern that is used as the simulated price
that occurred in the market. Candlestick patterns are then used
to predict trends in the market. This candlestick pattern
very much and can form various combinations
of the standard patterns. Here we explain the candlestick patterns
frequently used alone. Actually not a pattern candlesticknya
but the principle is important to read and interpret pattern
candlestick so that we can interpret any pattern
including the patterns appear unusual.

1.Closing Yang Bozu
44806
This pattern is a bullish candlestick which has a body that
long, long upper shadow, and not have lower
shadow (or lower shadow is very short). this pattern
indicates a strong bullish pressure with resistance
strong as well. Here we can see that because it does not have
the lower shadow prices could not move down from the open
but continue to rise. However, the pressure trend in this pattern
inhibited at high levels. The longer the upper shadow, the
great pressure exerted by the resistance at that time.

2. Closing Yin Bozu
44806
This is a bearish candlestick pattern that has a body that
long, long upper shadow, and not have lower
shadow (or lower shadow is very short). This pattern shows strong bearish pressure resistancestrong as well. Here we can see that the long upper shadow
means that the price had moved up from the open but the pressure
resistance and very strong bearish so the price moves to
down until the closing.

3.Shooting Star
44807
As the name implies this pattern is similar to the shape of a shooting star with
tail above pattern is similar to the Closing Yang / Yin Bozu but
with upper shadow is much longer than its body (some literature suggests that long upper shadow should be at least twice the length of the body). This pattern usually appears onwhen the end of a bullish trend that indicates the pressure reversal is quite strong, especially if the next candlestick
is bearish candlestick with a large volume. The more long upper shadow, the stronger the pressure reversal. Actually not very influential body color only pressure shooting star reversal in black (yin) is stronger than
white shooting star (Yang).

4.Inverted Hammer
44808
As the name implies this pattern is similar to the shape of the inverted hammer
This pattern is similar to the Closing Yang / Yin Bozu but with upper
shadow is much longer than its body (some
literature suggests that the long upper shadow should be at least
two times the length of the body). This pattern usually appears at the end of
indicating a bearish trend reversal pressure
strong enough, especially if the next candlestick is bullish
candlestick with a large volume. The longer upper
shadow the stronger the pressure reversal. actually, the color
body does not have much effect on the reversal pressure only
white inverted hammer (a) is stronger than the inverted
hammer black (yin).

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Signal EURJPY for 11Augus2014

Buy Area @136.90
Pivot point @136.71
Sell Area @136.55
Sell Target jarak jauh @136.33

malacha101
08-12-2014, 07:03 AM
5. Opening Yang Bozu

44840

This pattern is a bullish candlestick which has a body that long, long lower shadow and has no upper shadow (or a very short upper shadow). this pattern indicates a strong bullish pressure with strong support also. Here we can see that the long lower shadow means that the price had moved down from the open but the pressure support and the trend is so strong that the price moves up to at closing.

malacha101
08-13-2014, 12:06 PM
6.Opening Ying Bozu

This is a bearish candlestick pattern that has a body that long, long lower shadow and no uppershadow (or upper shadownya very short). This pattern is shows a strong bearish pressure with strong support also. Here we can see that because it does not have the upper shadow the price could not move up from the open but to the user. But bearish pressure in this pattern inhibited at low levels. a longer the lower shadow, the large pressure provided by support at that time.

malacha101
08-14-2014, 06:52 AM
7.Yang Umbrella

This pattern is similar to the Opening of Its Bozu but with lower shadow which is much longer than its body (some literature stated that the long lower shadow should be at least two times body length). This pattern indicates a strong bearish pressure pressure against the bullish trend with a stronger pressure compared to the bearish pressure. This pattern usually appears at the end of the trend bullish or bearish.

malacha101
08-15-2014, 10:44 AM
8.Yin Umbrella

44916

This pattern is similar to Yin Opening Bozu but with lower shadow which is much longer than its body (some literature stated that the long lower shadow should be at least two times body length). this pattern indicates a strong bullish pressure against the bearish pressure with a stronger bearish pressure compared to the bullish pressure. This pattern usually appears at the end of the trend bullish or bearish.

malacha101
08-15-2014, 12:25 PM
EURJPY for 15Agust2014

Buy 3 (Stong Buy) @137.66
Buy 2 Target (Reversal Price) @137.45
Buy 1 Target @ 137.26
Buy Area @137.09
Pivot Are [email protected]
Sell Area @136.81
Sell 1st Target @136.68
Sell 2nd Target (Reversal Price)@136.46
Sell 3rd Target (srtong selle) @136.28

malacha101
08-16-2014, 03:32 PM
candlestick is most important trading tools, I can says this a heart of trading tools.. if you not have candlestick reading techniques you can't trade with maximum capacity.

malacha101
08-16-2014, 06:42 PM
9. Hanging Man

This pattern is actually a pattern Umbrella (either that or yin) which appears in a bullish trend. This pattern is usually interpreted as the emergence of opportunities to change the direction of the trend (reversal) becomes especially if the next bearish candlestick is bearish candlestick with a large volume. Actually, the color of body had little influence on the reversal pressure just hanging man in black (yin) is stronger than the hanging man of color white (a).

tigertank
08-16-2014, 07:08 PM
hello my firends thanks for share it in here, I hope this can helpfull to me to know how to trade with right and profitble. by the way to where eurjpy can moved? I really like this pair.

malacha101
08-16-2014, 07:39 PM
On EURJPY for 15Agust2014

Buy 3 (Stong Buy) @137.66
Buy 2 Target (Reversal Price) @137.45
Buy 1 Target @ 137.26
Buy Area @137.09
Pivot Are [email protected]
Sell Area @136.81
Sell 1st Target @136.68
Sell 2nd Target (Reversal Price)@136.46
Sell 3rd Target (srtong selle) @136.28

I think may in next week this pair can become Buy @137.40 so oyu can buy on this level.

malacha101
08-17-2014, 10:39 AM
Bar charts on the other hand allow spikes to highs and low to have prominence when exploring their data, these highs and lows often represent market noise, less significant to good analysis. a power of candles is their ability to visually screen out this static and focus on what the market was able force price to do during a period of trading.

tigertank
08-17-2014, 02:14 PM
my friend in forex trading, index and commodity trading I fell candletsik reaing techniques is important point to applied it if we want got to success in here. thanks for share it

malacha101
08-18-2014, 03:01 PM
10.Hammer
44993

This pattern is actually a pattern Umbrella (either that or yin) which appeared in a bearish trend. This pattern is usually interpreted as the emergence of opportunities to change the direction of the trend (reversal) becomes especially if the next bullish candlestick is a bullish Actually, the color of body
had little influence on the reversal pressure just hanging white man (who) is stronger than the hanging man of color black (yin).

malacha101
08-18-2014, 04:38 PM
sINGAL for usdjpy 18agus2014

Buy 3 (Stong Buy) @137.92
Buy 2 Target (Reversal Price) @137.67
Buy 1 Target @ 137.42
Buy Area @137.28
Pivot Are [email protected]
Sell Area @136.94
Sell 1st Target @136.77
Sell 2nd Target (Reversal Price)@136.54
Sell 3rd Target (srtong selle) @136.28

malacha101
08-19-2014, 07:22 AM
11.Bullish Belt Hold

This pattern is a bullish candlestick which has a body length, upper shadow is shorter and does not have a lower s Hadow (or lower shadow is very short) and appears on the trend bearish.

This pattern indicates a very strong bullish pressure beat bearish pressure so that opportunities arise
reversal especially if the next candlestick is bullish candlestick with a large volume.

limaunsur
08-27-2014, 07:08 AM
8.Yin Umbrella

44916

This pattern is similar to Yin Opening Bozu but with lower shadow which is much longer than its body (some literature stated that the long lower shadow should be at least two times body length). this pattern indicates a strong bullish pressure against the bearish pressure with a stronger bearish pressure compared to the bullish pressure. This pattern usually appears at the end of the trend bullish or bearish.

Hello malacha101.
I wonder, how long this signal will indicate trend lifetime?
What i mean is, if i found this Yin Opening Bozu in H4 time frame, how many another hour bullish or bearish trend will end?
Please give me explanation...