ForecastCity
教育

Price Action Lesson 4: Weak hammer

FX:EURUSD   歐元 / 美元
Weak hammer:
For having successful and steady transactions, Simple detection of market patterns is not enough. But with a deeper look, we should calculate the success possibility of each pattern. One of the determining power Parameters of hammer stick is about Descending or ascending that the body can be. Thus, if the body of hammer is ascending, Possibility of starting an ascendant wave is very high.

The opening price of the day, is very important. This price - is the previous day's closing price, in fact it is the price that they had a war at in previous day where buyers and sellers come to equilibrium. So on the day that the Hammer is forming. If buyers can raise prices to the point of closing price of yesterday, and by the end of the day, they keep the price at the top of it, they will be the winners of the war. If we can raise the price above yesterday's closing price, they are not conclusive winners of today’s war, and this war will continue for the next few days.
Thus, if the body of hammer is ascending, Possibility of the beginning Ascending wave is very high. But if the body of hammer is Descending, Possibility of the beginning Ascending wave is less. In this case, it is said a weak hammer has made.

- The picture shows a hammer candlestick with descending body.

. As what can be seen, candle’s height is tall, but it has very short body height. Also Lower Shadow is long, and the upper shadow is very short.

. As regards the Closing Price of market is under its Opening Price, therefore the body of this hammer is Descending, and the power is very low. Possibility of the beginning ascending wave is less.
評論: Price Action Lesson 1: Hammer Candlestick Pattern Definition
評論: Price Action Lesson 2: Conditions of a Perfect Hammer
評論: Price Action Lesson 3: Hammer, The first sign of the beginning Ascending wave
評論: Price Action Lesson 5: Weak Hammer (Example)

★ Professional Analysts Research
★ 4CastMachine AI
★ None-Stop Growth since 2007

http://www.ForecastCity.com

26 Forex Pairs, CryptoCurrencies, Gold, Silver, Oil Weekly Forecast

28 Forex Daily Trading Opportunity

9 Forex Intraday Forecast
thanks a lot man! this really helped me understand hammers deeply! my fav hammer is Mjölnir! lol
回覆
Very nicely explained.. keep up the good work
+1 回覆
@watsonj, tnx for your comment
回覆
This is awesome! Thank you.
Following you
+1 回覆
@Andrew138, Thanks, you're welcome.
+2 回覆
Very well explained, keep up this work!
+2 回覆
@pdoteter, many thanks
+1 回覆
Well explained, thanks a lot..
+2 回覆
Very good tutorial. Please keep it up!
+2 回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人檔案設定 帳戶和帳單 我的支援工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出