tymen,im still waiting anxiously for ur next post so i could learn more on candlestick trading… this thread look dying but pls,dont stop posting that could actually benefit us,the loser traders, from learning more… hoping u to post more charts of trades,n lastest pdf… Im now actually quite lost cos the intermediate n advanced look jumble up to me… hope u could analyze back everything… thanx mr tymen… im still waiting… i seriously love the way u trade…
Don’t worry, I am on the matter.
I will be posting complete live trades Advanced level using starc bands, in pictures.
Each picture will be a different stage of the trade.
This I think, will be the best way for viewers to learn.
I was going to start today, but sorry, an interuption.
So I intend to start tomorrow, trusting in no interuptions. 
sure… i be waiting for ur post tymen… i will… i promise…
aniway,u recommend the traders to open an demo account with gft but aussie based rite? what is the guy name that u recommend? how shud i actually email him?? btw im based in spore so im not sure if they accept me but what i know normal gft broker do have spore based…
anyway tymen,i love the way u teach… u gave some exercise like u did on the part 1 candlestick thread last year… i miss that one cos i just started forex early this year… so i wish u could do the same thing on part 2… thanx… y i choose candlestick trading becos moving average,n other indicators trick me… or maybe im not flexible with them therefore i choose candlestick as its so clear to me n ur the rite guy that could guide me along…
hey tymen,
I have two questions:
-
It might sound improbable and stupid but what if there is a 3 Rosella pattern on 1 hr but a bearish on lower TF like 20 mins?
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Doji formation in forex is a rarity. So, if I am looking at evening star or morning star formation, what would be the minimum or maximum difference between the open and the close? For the supposedly, doji candle or is it that it should be a doji ?
I couldn’t disagree more with that statement.
I see doji’s all the time. I’m counting 4 doji’s on the chart I just happen to have up right now.
Why do you say they are a rarity? 
My bad, wrong use of the word. 
It should have rather said “I have found it a rarity when I start to trade @ around 10.30 am EDT.” 
Anyhow, while dealing with evening and morning star patterns do we need the second candle to be specifically a doji? Cause I have seen some tymen’s example and they are not.
Question is how much the distance between the open and the close can we consider ?
Different Broker and Different Doji, I compare with InterbankFX and FXDD.
That was Jay Pace at Kinetic Securities of Sydney.
If you google the website, you will be able to email him.
I cannot give it to you here, because Admin will delete it.
I will try now here but I am sure it will be deleted…[B]be quick[/B]!!
The 3 rosella pattern is a bearish pattern itself!! 
- Doji formation in forex is a rarity
.
Dojis are not rare but of course less frequent in appearance than standare red/green candles.
Sometimes several dojis can appear in a row.
Trading as a real lull when this occurs.
So, if I am looking at evening star or morning star formation, what would be the minimum or maximum difference between the open and the close?
There is no maximum or minimum difference.
The 3rd candle should be at least half the length of the 1st candle.
For the supposedly, doji candle or is it that it should be a doji ?
Not sure what you are asking here?
Morning doji stars are definitely more reliable than just ordinary morning stars.
With the evening star pattern it does not matter.
But with the morning star pattern, we need caution.
Examine the situation carefully, re the trend, the BB etc.
The morning doji star is definitely more trustworthy.
OK, I am now onto the theme of the thread again.
Live trades coming up!!
Don’t look for how much money I have though!!
I have blotted that out.
You will only see demo money!!
I think what he’s asking is how strictly you’re using the definition of a “doji.”
For example, would you consider the candles I circled below be dojis, even though they don’t open and close at exactly the same price?
Thanks phil for the image. Yeah, that’s what exactly I meant. “How strictly you’re using the definition of a doji”.
Oops One more incorrectly phrased question. What I meant was say if I had three red rosellas on 1hr but a bullish crossover on a 30 min TF ?
Do we consider it a reversal or wait for the closure of 1 hr candle ?
Sorry for calling you a “he” Vicky… I didn’t look at the name before I posted.
[B]The doji definition[/B] : has approximately the same opening and closing prices and the real body must be negligible in size.
This means that the open and close are very close together.
There are several type of doji but they all have the same impact, regardless of whether they are defined as rickshaw man, dragonfly, gravestone or common doji.
The rickshaw has the cross in the middle, the dragonfly has the cross at the top and the gravestone has the cross at the bottom.
The common doji may/may not have a tiny real body.
A doji at the top of a trend is more powerful than a doji at the bottom of a trend.
As a minimum, the doji suggests a significant pause in market activity.
The doji is regarded as the most powerful candle indicating any trader behaviour.
However, if we see many doji on a chart, the significance of each doji is greatly diminished.
[B]I do not use the doji as a stand alone pattern for my candlestick trading.
It must go together with other candles to form a complete pattern.[/B]
Tymen, I think you are not quiet getting the question on doji’s. So lets skip it. I will work to find out a way.
Question 2: The three red rosella’s formation question. There was a typo error last time around. So, rewriting it.
I am on 1 hr TF and see a three red rosella formation. Then on 20 min TF, I see a engulf, a greenish one forming. So, that is a bulllish crossover.
Would the three red rosella’s have significance over the long trade?
Do we go long and maintain our short view on 1 hr TF ?? Or we break our short trade ?
Testing this method, I found the 3 rosellas and 3 green soldiers the most untrustworthy patterns among the ones we trade.
So, IMHO, I’d trade the engulfing even if it is in a shorter time frame…
Now I’m looking forward to ear Tymen opinion…
The question is not on the reliability of the three rosella/green soldiers pattern.
What do you do when you see a bearish confirmation on 1hr TF and a bullish on 20min TF ?