Wednesday, 26 November 2014

The GBPUSD consolidated all last week

The GBPUSD consolidated all last week and rotated slightly lower

and wait for  price breaks out from this current consolidation you can buy or sell with chart overview



Thursday, 13 November 2014

Wednesday, 12 November 2014

Nzd Usd forcast 11.12.2014

NNZDUSD moves higher today 
Now in the resistance  more chance to down and touch level  0.7820 
nzd usd forcesast

Tuesday, 11 November 2014

Japanese Candlestick

Japanese Candlestick

Candle Anatomy



• Body: Distance between open and closing
• Tip of upper wick/shadow: Highest price of that period
• Bottom of lower wick/shadow/hair: Lowest
• Range (length) of candle stick indicates
  volatility
• Upward candlestick usually or green or blue
• Downward candlestick usually black or red







Saturday, 8 November 2014

Gold will more up in next week

Gold will more up in next week 

Gold strong Hammer Reversel Candle apear on Weekly chart so next coming weeks gold more up.may be down some Pip you can buy from 1150 1160 area with target 1250


Wednesday, 15 October 2014

NZDUSD near at Key Resistance at 0.8000

NZDUSD Near at Key Resistance at 0.8000

   if break Key Resistance so next target is up you can also see the next target in chart.




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
Pak Forex Academy 

Status TP Hit

Tuesday, 7 October 2014

USD JPY now at double bottom strong buy signal

USD JPY now at double bottom strong buy signal 

you can buy at 108.00 for 109.50,110.00 take profit with short stop loss 


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
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

Thursday, 2 October 2014

AUDUSD hits major key support and also forms bullish pin bar


AUDUSD hits major key support At 0.8660 at back up and also forms bullish pin bar in daily time frame 


The Daily Time chart below shows the pin bar reversal signal 
You can buy this pair with target 0.8870


Thursday, 25 September 2014

Price Acting Trading Strategies

 Pin Bar Setup

Pin bar: middle of a 3-bar formation

• 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

• Consists of 3 candlesticks
• 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

 
 
 When found in a downtrend:

• Bullish candle opens lower than

  previous candle’s close, closes
  higher than previous candle’s open

• Potential sign that trend is reversing

• Indicates control has shifted from
  sellers to buyers





Bullish Engulfing



Bearish Engulfing Candle

  
When found in a uptrend:

• 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



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
  






Long Upper Shadow
- 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



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


• Found in downtrend
• 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)


Inverted Hammer



    Spinning Top & Doji


• Short body in the middle of two long
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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