Wednesday, 26 November 2014
Thursday, 13 November 2014
Wednesday, 12 November 2014
Tuesday, 11 November 2014
Saturday, 8 November 2014
Wednesday, 15 October 2014
Thursday, 9 October 2014
Eur/Usd signal update
Eur/Usd buy at 1.2670
Eur/Usd buy at 1.2670
TP 1.2710-2730
SL 1.2620
Best Of Luck
SL 1.2620
Best Of Luck
Pak Forex Academy
Tuesday, 7 October 2014
Monday, 6 October 2014
Eur/Usd sell at 1.2595 cmp
Eur/Usd sell at 1.2595 cmp
TP 1.2560-1.2530
SL 1.2630
Best Of Luck
SL 1.2630
Best Of Luck
Pak Forex Academy
AUD/USD sell 0.8725 CMP
AUD/USD sell 0.8725 CMP
Sell More 8745
TP 0.8700-8680
SL 0.8770
best of luck
Enoy Eid
Sell More 8745
TP 0.8700-8680
SL 0.8770
best of luck
Enoy Eid
Thursday, 2 October 2014
Thursday, 25 September 2014
Price Acting Trading Strategies
Pin Bar Setup
• Open
and Close of pin bar is within (or very close)
price range of bar 1 and 3
• Shadow of pin bar sticks out
Longer,
more significant
• Pin
bars occurring at important support/
resistance level can be very accurate
• Can
be taken as counter trend if well-defined and
protrude significantly from surrounding price
bars
Indicates strong rejection occurred
Preferably on daily chart time frame
1-BAR
Fakey Setup
• Inside/Harami
bar + False break, then closes
back within range
• Fakey entry:
triggered as price moves back up
past the high of the inside bar (or the low
in the
case of a bearish fakey)
• Amateurs
tried to pick market top, pros stepped
in and flushed out amateurs in a flurry of buying
3 Price-Bars Pattern
Morning Star
• Bearish Gap:
Bears are in control
during opening
• Day 2: Prices
are not pushed much
lower (small / neutral candlestick)
Bullish:
stronger sign
• Day 3:
Bullish gap up
• Prices pushed
further upward,
sometimes eliminating all Day 1 losses
Evening Star
• Consists of 3
candlesticks:
Bullish,
Small/ Neutral, Bearish
• Presence of
bullish gap, bearish gap
• Day 2: Prices
are not pushed much
higher
Bearish:
stronger sign
• Day 3: Large
bearish candlestick
• Prices pushed
further downward,
sometimes eliminating all of Day 1’s
gains
Evening Star Pattern
2 Price-Bars Pattern
Bullish Engulfing
• Bullish
candle opens lower than
previous candle’s close, closes
higher than previous candle’s open
• Potential
sign that trend is reversing
Bearish Engulfing Candle
• Gap up: Bullish sign
• But: Bulls only push prices up
slightly before bears take over and
push prices much lower
• Potential sign that trend is reversing
• Indicates control has shifted from
buyers to sellers
Bearish Engulfing
Dark Cloud Cover
• Bullish candle closes below the
middle of previous candle
• Rejection of
Gap: Bearish sign
• Retracement: Additional
significance
Piercing Line Pattern

• Bearish candle closes below the
middle of previous candle
• Rejection of
Gap: Bullish Sign
• Retracement: Additional
significance
Harami
• Bearish
Harami
– Large
bullish, followed by small bearish
– Gap down,
unable to retrace
_Uncertainty
entering the market
• Bullish
Harami
– Large
bearish, followed by small bullish
– Gap up
_Reversal Pattern
Harami
Harami
Tweezer Top & Bottom
• Bearish
Tweezer Top
– Day
1 Close about equal to Day 2
Open
– Occurs
during an uptrend (closes
near the high)
– Sentiments
reverses completely the
next day
• Bullish
Tweezer Bottom
– Occurs
during downtrend (closing the
day near the lows)
– Sometimes
eliminates entire gains
from previous day
Tweezer Bottom
BACKGROUND
Tweezer Top
Wednesday, 24 September 2014
1 Price-Bar Pattern
1 Price-Bar Pattern
• Long Lower Shadow
-
Bullish signal
-
Lower shadow must be at least the size of the real body
-
Longer lower shadow: more reliable that it is a bullish
trend
trend
-
Bearish signal
-
Upper shadow must be at least the size of the real body
-
Longer upper shadow: more reliable that it is a bearish
tren
Hammer
• Found in downtrend
• Short body at the top of price range
• Little to no upper shadow
• Lower shadow must be at least
twice the length of real-body
• Signals: Reversal pattern when
found in a downtrend
• Short-term outlook indication
• Real body can be black or white
(white: stronger sign
– Bullish gap for next session
– Subsequent session shows white real body above that of
the hammer’s real body
• Found in uptrend
• Found
in downtrend
• Short body in
the middle of two long
Hammer
• Low reliability, requires confirmation– Bullish gap for next session
– Subsequent session shows white real body above that of
the hammer’s real body
Hanging Man
• Found in
uptrend
• Short body at
the top of price range
• Little to no
upper shadow
• Lower shadow
must be at least
twice the
length of real-body
• Warning of a
potential downward
• Short-term
outlook indication
• Also requires confirmation
Hanging Man
Shooting Star
• Found in uptrend
• Short body at
the bottom of price
range
• Little to no
lower shadow
• Upper shadow
must be at least
twice the
length of real-body
• Signals:
Reversal pattern
• Short-term
outlook indication
• Real body can
be black or white
(black: stronger signal)
Shooting Star
• Low
reliability, requires confirmation
– Bearish gap
for next session
– Subsequent
session shows black real body below that of
the shooting star’s real body
Inverted Hammer
• Short
body at the bottom of price
range
• Little
to no lower shadow
• Upper
shadow must be at least
twice
the length of real-body
• Signals:
Reversal pattern
• Short-term
outlook indication
• Real
body can be black or white
(white: stronger signal)
(white: stronger signal)
Inverted Hammer
Spinning Top & Doji
wicks
• Market closed
relatively unchanged
• Indicates
indecision (‘standoff’ after
significant
price movement)
• Trend losing
momentum; possible
turning point
• Doji/
Long-legged Doji: stronger
signal
• Open and
close are the same
• Insignificant in sideway markets
More Doji Patterns
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