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Doji formation

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Satria41

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doji formation

Do you understand all the doji formations?

a little explanation The doji formation is one of the clearest trading signals in the candlestick pattern. Since hundreds of years ago the candlestick was used to trade rice commodities in Japan, until now this formation is still considered a valid trading signal. Doji is a candlestick pattern whose price is open and the closing price is the same or almost the same so this candle cannot have a very small body or body. This formation is often seen on trade charts and does not depend on the time frame. Doji can form on the weekly chart ..

Is that true

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#1 - February 04, 2019, 08:24:25 AM
« Last Edit: February 04, 2019, 12:31:17 PM by Admin »

Nendi71

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Doji's candle technique is very popular with every trader who trades from Japan, this technique is very familiar with the way the analysis is simple and easy to understand
#2 - February 04, 2019, 08:35:41 AM

Rendy94

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Quote from: Satria41 on February 04, 2019, 08:24:25 AM
doji formation

Do you understand all the doji formations?

a little explanation The doji formation is one of the clearest trading signals in the candlestick pattern. Since hundreds of years ago the candlestick was used to trade rice commodities in Japan, until now this formation is still considered a valid trading signal. Doji is a candlestick pattern whose price is open and the closing price is the same or almost the same so this candle cannot have a very small body or body. This formation is often seen on trade charts and does not depend on the time frame. Doji can form on the weekly chart ..

Is that true
Doji techniques will be more interesting when combined with the next few candles. if only relying on the doji candle it is irrelevant and less strong. many doji cases are a reversal signal but the reality is not how supportive
#3 - February 05, 2019, 01:57:36 AM

Fxortrader

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don't you know. that this forum is an English forum, so please use English.
#4 - February 05, 2019, 01:57:59 AM

Rendy94

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doji is very good at making decisions to take positions when reversing direction or reversal, in this case I usually use it when the candle doji is in the demand or supply area and combines it with engulfing candle?
#5 - February 05, 2019, 02:41:56 AM

ariezz

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Quote from: Satria41 on February 04, 2019, 08:24:25 AM
doji formation

Do you understand all the doji formations?

a little explanation The doji formation is one of the clearest trading signals in the candlestick pattern. Since hundreds of years ago the candlestick was used to trade rice commodities in Japan, until now this formation is still considered a valid trading signal. Doji is a candlestick pattern whose price is open and the closing price is the same or almost the same so this candle cannot have a very small body or body. This formation is often seen on trade charts and does not depend on the time frame. Doji can form on the weekly chart ..

Is that true
The doji formation is formed when the market is consolidating or is uncertain about the direction of the next price move. Here it is clear that bullish and bearish sentiment is in a balanced state. Between buyers and sellers are waiting for the next price movement.

So it is true that the doji is a consolidation signal, and to find out the certainty of the direction of the next price move is needed confirmation from the next candlestick bar after the doji. If the next bar is in line with the previous trend, then there is a possibility of a small reversal trend and is formed in almost all time frames.

#6 - February 05, 2019, 10:50:36 AM

Satria41

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Quote from: ariezz on February 05, 2019, 10:50:36 AM
The doji formation is formed when the market is consolidating or is uncertain about the direction of the next price move. Here it is clear that bullish and bearish sentiment is in a balanced state. Between buyers and sellers are waiting for the next price movement.

So it is true that the doji is a consolidation signal, and to find out the certainty of the direction of the next price move is needed confirmation from the next candlestick bar after the doji. If the next bar is in line with the previous trend, then there is a possibility of a small reversal trend and is formed in almost all time frames.
right, what friends explain,
Following attachments, 4 doji candle formations that I like,
and especially with the help of fundamental encouragement, it is very useful for me to determine the price increase.
Doji formation in General Forex Discussion_Screenshot-2019-02-03-10-55-52-1
#7 - February 05, 2019, 11:25:07 AM
« Last Edit: February 05, 2019, 11:28:18 AM by Admin »

nawwa thalorenz

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Quote from: Satria41 on February 04, 2019, 08:24:25 AM
doji formation

Do you understand all the doji formations?

a little explanation The doji formation is one of the clearest trading signals in the candlestick pattern. Since hundreds of years ago the candlestick was used to trade rice commodities in Japan, until now this formation is still considered a valid trading signal. Doji is a candlestick pattern whose price is open and the closing price is the same or almost the same so this candle cannot have a very small body or body. This formation is often seen on trade charts and does not depend on the time frame. Doji can form on the weekly chart ..

Is that true
yes very true as you say, doji is a signal that is very good for use in trading, but it should be known also that the use of doji is often used in important areas such as support and resistance, because the doji function varies both in terms of dignal reversal and signal continued in the direction of the market, but what I often use when I am in the support and resistant area is to look for weaknesses for the rotation of a trend, be it trends in small time frames or large time frames. thank you



#8 - February 06, 2019, 10:11:33 AM

aizafx

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Quote from: nawwa thalorenz on February 06, 2019, 10:11:33 AM
yes very true as you say, doji is a signal that is very good for use in trading, but it should be known also that the use of doji is often used in important areas such as support and resistance, because the doji function varies both in terms of dignal reversal and signal continued in the direction of the market, but what I often use when I am in the support and resistant area is to look for weaknesses for the rotation of a trend, be it trends in small time frames or large time frames. thank you


Doji is a very popular candle, which means demand and supply on timeframe still balance, with understanding doji formation, it can be used to analyze the trend ahead with waiting for next candle
But however trend market is very dynamic, sometime after doji figure out but still price move in the range, so need good confirmation before entering the market
#9 - February 06, 2019, 10:58:52 AM

Tahajud

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Quote from: Satria41 on February 05, 2019, 11:25:07 AM
right, what friends explain,
Following attachments, 4 doji candle formations that I like,
and especially with the help of fundamental encouragement, it is very useful for me to determine the price increase.
Doji formation in General Forex Discussion_Screenshot-2019-02-03-10-55-52-1
Of all these doji types, which is the greatest profitability level? and how do I apply it, I mean, how is the entry and where is the loss, where is the target profit. Can this doji be used alone without the help of other indicators or other things?



#10 - February 06, 2019, 01:52:19 PM

Rendy94

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but if I only rely on doji, I don't think it is accurate. it would be better if you use other patterns such as morning star and evening star. and that too is not the most accurate. only doji habits are just a reversal signal,
#11 - February 06, 2019, 01:58:20 PM

Satria41

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Quote from: Tahajud on February 06, 2019, 01:52:19 PM
Of all these doji types, which is the greatest profitability level? and how do I apply it, I mean, how is the entry and where is the loss, where is the target profit. Can this doji be used alone without the help of other indicators or other things?


For the doji candle itself, it cannot be a determinant to determine your losses, you also need to add additional indicators that you know,

if I myself use additional standard indicators for determining points of loss and profit, MA to add confidence, and stoch to equate movement,
#12 - February 06, 2019, 04:30:46 PM

Eza Jordan

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One who uses technical forms of candle sticks, one of which is doji, this doji has an important role in trading, crowded professionals who use technical forms of doji as trading support every day, one of which they pay attention to doji which weakens a market movement, for example a medium market the rate of ascending, suddenly falling like a retracement, I often find this when the retracement area out of the doji will continue to connect the market trip of a currency.


#13 - February 06, 2019, 04:56:20 PM

Tahajud

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Quote from: Satria41 on February 06, 2019, 04:30:46 PM
For the doji candle itself, it cannot be a determinant to determine your losses, you also need to add additional indicators that you know,

if I myself use additional standard indicators for determining points of loss and profit, MA to add confidence, and stoch to equate movement,

from what I understand, sometimes we can put the risk limit on the shadow end of the doji, is that correct? and what do you think? and indeed often this doji pattern cannot be used alone, but most are combined with the area of support and resistance to make it more profitable.
#14 - February 07, 2019, 05:05:31 AM

Fxortrader

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Quote from: Satria41 on February 04, 2019, 08:24:25 AM
doji formation

Do you understand all the doji formations?

a little explanation The doji formation is one of the clearest trading signals in the candlestick pattern. Since hundreds of years ago the candlestick was used to trade rice commodities in Japan, until now this formation is still considered a valid trading signal. Doji is a candlestick pattern whose price is open and the closing price is the same or almost the same so this candle cannot have a very small body or body. This formation is often seen on trade charts and does not depend on the time frame. Doji can form on the weekly chart ..

Is that true
share the picture sir. and files that are in accordance with this topic, so that we can practice / try according to the rules you recommend.
#15 - February 07, 2019, 05:26:04 AM
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