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Post of the Day: Candlestick Identification

Tuesday, 25 August 2009 04:07:15 GMT | Richard Krivo, Power Course Instructor

Tuesday, 06 October 2009 08:57:14 GMT The Trend of the Day - GBP/USD
Tuesday, 29 September 2009 11:59:09 GMT The Trend of the Day - AUD/USD
Tuesday, 22 September 2009 08:58:39 GMT Post of the Day: Risk Reward Ratios
Thursday, 17 September 2009 18:49:26 GMT The Trend of the Day - EUR/USD
Thursday, 17 September 2009 11:33:00 GMT The Trend of the Day - GBP/JPY
Thursday, 17 September 2009 08:59:57 GMT Post of the Day: Determining a Price Target for Triangles
Wednesday, 16 September 2009 12:10:21 GMT Trend of the Day - NZD/USD
Tuesday, 15 September 2009 11:53:03 GMT The Trend of the Day - EUR/JPY
Monday, 14 September 2009 09:39:08 GMT The Trend of the Day - NZD/USD
Friday, 11 September 2009 10:13:14 GMT Trend of the Day - GBP/USD
Friday, 11 September 2009 10:13:14 GMT Post of the Day: Identifying an Entry
Thursday, 10 September 2009 11:25:08 GMT The Trend of the Day - EUR/USD
Wednesday, 02 September 2009 12:25:55 GMT Trend of the Day - GBP/USD
Wednesday, 02 September 2009 08:44:39 GMT Post of the Day: Controling Greed
Tuesday, 01 September 2009 10:07:53 GMT Trend of the Day - CAD/JPY
Tuesday, 01 September 2009 08:29:44 GMT Post of the Day: Hanging Man Candlestick
Thursday, 27 August 2009 04:10:19 GMT Post of the Day: Professional Traders vs The Amateur Trader
Wednesday, 26 August 2009 11:45:00 GMT Trend of the Day - EUR/GBP
Wednesday, 26 August 2009 04:36:38 GMT Post of the Day: Wicked Candles
Monday, 24 August 2009 12:20:16 GMT Trend of the Day - EUR/USD

Student’s Question:

Please comment on my candlestick identification…is it OK? Thanks.

Power Course Instructor’s Response:

Good work on the hammers.

Below there is an example of both the Evening Star pattern and Bullish/Bearish engulfing patterns.

chart 8 24 09 A

chart 8 24 09 B

chart 8 24 09 C