Fist's Harami Killer with EMA6 by the Fist of KhanSimple harami and doji indicator adapted from Repo32 Candlestick Identifier - a great piece of work and awesome respect to the originator. This script only shows harami and doji for use with Heiken Ashi in above/below comparison to traditional candlestick chart.
It leaves a clean chart without too many distractions so you can concentrate on price action.
A useful indicator for trading next candle/s in direction of trend off doji or harami. Use Shiva Krishnan's EMA6 method for additonal confirmation.
Publishing at 15M but works well on shorter time-frames.
Please do not just follow the dojis and haramis - general price action needs to be taken into consideration, of course. And please test your own strategy.
Heiken
CADJPY The pair is apparently fulfilling a flat top triangle in a smooth heikin pattern, the price maybe can broke the diagonal support and fall to the 79/80 zone; But this point is very interesting:
I speculate: The price can't broke the diagonal resistance of the weekly chart, maybe not touch - and then run out and go to the 90's, why not -
But if all fall, can go to he 2008 pattern and continue to her historic minimum. i prefer think in the stable dancing around the fibo.
Ideas, comments or corrections.
These are always welcome
RTN-160412-STO/DMK-SHORTi see the next at NYSE:RTN
The stochastic close a turn down
The price have problems to cross the 127 zone
The price meaby can test the 130 level again
The price is filling a flat top triangle with a nice heiken smooth path, and is close to broke.
Setup: Short
Entry: 127.6 (over not cross or rejected by 130 zone)
SL: 132
TP1: 112
Ideas, comments or corrections
They are always welcome
KORS-160411-CCI/RSI-G1D-LONGNYSE:KORS is reacting to the support line and the RSI and Demarker confirm this, but the CCI present a large flat downtrend, at march of 2014 present the same comportment the security and the result was a double top and finally a large and continuous downtrend.
Speculative Setup: Long
Open From: 51.2
Target: 53.4
SL: 49.8
Descriptive bull runsI just traced this using a log scale and Heiken Ashi candles. My purpose was to make an analysis of the great bull runs in bitcoin history. What I see
- Each succesive bullrun has started after the price stabilized on the previous peak.
- Every bullrun has been shorter than the previous one, around half the time.
- Retracements have been deeper everytime
Conclusions on the next bullrun:
- It will come after the price has stabilized around 1000
- It will be shorter than the previous one, something like a month
- It will be the same size in log terms, that is, it will go up to 5000
- It will retrace even harder, that is maybe even full retrace, back to 1000. The price seems to be less stable everytime.