Kreslik.com - traders community since 2006

Batter up!!! Yen pairs looking good with HIRB this week...

I Googled around and couldn't find this concept as a bar pattern, does anyone know if it's unofficially called something? I think it's just a variation of the hikkake pattern. Take an inside bar pattern that fails to break out. The "mother" bar that contains all subsequent candles. Subsequ...

adrian2012 wrote:Anyone else wanna short this? I'm WAITING for it =)

Meant to attach the picture, here's the before and after 3 semafor on Bitcoin using the Evolve Markets MT4 platform.

Anyone else wanna short this? I'm WAITING for it =)

Is there a tool that can help me answer this question: For a FX pair here is the freq dist of when the weekly high was made during the week over the last 100 daily bars: Monday 10% Tuesday 20% Wednesday 40% Thursday 15% Friday 15% The mock data above would imply the weekly high is usually made on a ...

Price closes outside of the inner dashed lines 73% of the time (it is the weekly open plus/minus .5% of weekly open) Price closes inside of the outer dashed lines 74% (100%-26%) of the time (it is the weekly open plus/minus 1.4% of weekly open) I can see where price likes to break out of and where i...

Seems like price likes to open above something and close above something. Ditto for open/close below something. If I had to pick between the prior candle's open, mid or close, it seems to make sense to use the PRIOR CANDLES OPEN as the "handlebars"! I wonder what is so special about it? I ...

Other pairs, alright, I'm done tickling MT4 code, back to some other code, have a good weekend y'all

Past 10 candles...

I couldn't help myself, I modded the TRO_HL5 to get the percent levels I wanted. Picture shows GBPUSD weekly bouncing off lower 1% level of weekly open. Upper 1% level was never touched. Its *almost* market close so I suppose price could close below it =) Just to clarify weekly open was 1.2286 upper...