CADCHF has a similar H12 candle, so the same analysis applies. Let’s see how it closes. image

Higher Edge within a Single Candlestick

Hint: For the subsequent move to be a solid down, the closing price needs to be a bit lower, but right now, it's still a little high. There's still 20 minutes left, let’s see how it plays out.

Higher Edge within a Single Candlestick

There is still some time before the current SGDJPY H12 candle closes, but at the moment, it looks like the subsequent candle will be downward. Analyze this candle and see what you figure out. image

Higher Edge within a Single Candlestick

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Higher Edge within a Single Candlestick

Thanks for your interest. As time permits, I look forward to sharing upcoming candles so you can analyze the location of the price levels and identify the common denominator, or the underlying formula if you will. I’ll post them about 10 minutes ...

Higher Edge within a Single Candlestick

Yes, a single closed candle can contain enough information to predict the direction of the next candle with remarkable accuracy. I won’t post historical cherry picked examples right now, even though they’d help filter out and add to my growing list ...

Higher Edge within a Single Candlestick

I’m pretty sure NASA has less data on their screens when launching a rocket. Whoever made this chart, are they trading or trying to decode the Matrix?

Higher Edge within a Single Candlestick

This example shows that markets are predictable and not fully random. There are many other examples, but I’m not motivated to create additional screenshots. The pattern in this example was identified yesterday. As I’ve mentioned before, I’ve found ...

Higher Edge within a Single Candlestick

Oh, that’s not the same pattern. In the case of an uptrend instead of the downtrend examples I provided earlier, it should be a hammer (green) rather than an inverted hammer (red). I’ll send more screenshots to make the pattern distinction clearer.

Higher Edge within a Single Candlestick

Right, they should be strong candles, not just matching the color sequence.

Higher Edge within a Single Candlestick

It shouldn’t be invalid as long as the inverted hammer forms. I’ll check the charts again for any counterexamples. I noticed this pattern today, so I haven’t extensively backtested it yet, but based on what I’ve seen so far, it appears to hold as ...

Higher Edge within a Single Candlestick

I like the Ignore button feature, very effective at instantly cleaning up the nonsense. It’s refreshing to see the discussion focused on actual learning. We’re here to trade, improve, and share real insights, not deal with those who have nothing to ...

Higher Edge within a Single Candlestick

I don’t have time for you, so I am going to block you, but don’t think for a second that I agree with any nonsense you replied. The only primitive thinking here is believing you matter in this conversation. I just think you are worthless to reply ...

Higher Edge within a Single Candlestick

You're not my bro. Here we go again with the nonsense. I am already trading live. This is just a sandbox testing account, traded with lot sizes as if it were a 5K account. The sad part is, even my testing is something you could only dream of. I love ...

Higher Edge within a Single Candlestick

After looking at your profile with no Trade Explorer, it's clear you have nothing to back up your empty talk. For someone pushing the BabyPips course, you should have at least graduated with something to show. Yet here you are, just another ...

Higher Edge within a Single Candlestick

Are you having a seizure, or are you allergic to someone sharing insights?

Higher Edge within a Single Candlestick

The markets are more predictable than this thread states. I've found several reliable patterns, so many that I don't even know what to do with them all. Here's another one I spotted earlier today. And before anyone says it's cherry picked, I'm ...

Higher Edge within a Single Candlestick

I'm not surprised that Nobel Prizes have been given for both the theory of random markets and the theory of behavioral markets because markets aren’t completely one or the other. They aren’t fully random, and they aren’t fully predictable. Instead, ...

Higher Edge within a Single Candlestick

Markets aren't fully random. Non random moves exist, driven by liquidity shifts, institutional order flow, economic cycles, and market structure. If price movement were truly 50:50, momentum strategies wouldn’t work, mean reversion wouldn’t work, ...

Higher Edge within a Single Candlestick

You cannot consistently beat truly random price data over time without introducing some kind of external bias. Short term profitability on random data is possible due to variance (luck). If you flip a fair coin 10 times, you might get 7 heads, but ...

Higher Edge within a Single Candlestick