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  • Candlestick 8:00 pm on October 31, 2015 Permalink | Reply
    Tags: next candlestick is small then next bar sell entry   

    Next Candlestick is small then next bar sell entry 

    Next Candlestick is small then next bar sell entry


    Reader’s message

    Thank you but can u show a video for more explain please ?

    I’m very interesting in your strategy but i lose a lot.


    Click here

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    Picture of double block pattern candlestick


    Breakout in Price Action Trading

    In price action trading breakout is a common term.
    For beginners, it is very important to have the basic knowledge of breakouts.
    A breakout is a bar in which the market moves beyond a predefined significant price – predefined by the price action trader, either physically or
    only mentally.
    This price is defined according to their own price action methodology.
    For example, if the trader believes a bull trend exists, then a line connecting the lowest lows of the bars on the chart during this trend would be the
    line that the trader watches.
    They will be waiting to see if the market breaks out beyond it.
    The real plot or the mental line on the chart is generally comes from one of the classic chart patterns.
    A breakout often leads to a setup and a resulting trade signal.
    The breakout is supposed to herald the end of the preceding chart pattern.
    For example, a bull breakout in a bear trend could signal the end of the bear trend.
    Breakout pull-back
    After a breakout extends further in the breakout direction for a bar or two or three, the market will often retrace in the opposite direction in a pull-back.
    For example, the market pulls back against the direction of the breakout. A viable breakout will not pull-back past the former point of Support or
    Resistance that was broken through.
    Breakout failure
    A breakout might not lead to the end of the preceding market behavior and what starts as a pull-back can develop into a breakout failure.
    “Five tick failed breakouts” are a phenomenon that is a great example of price action trading.
    Five tick failed breakouts are characteristic of the stock index futures markets.
    Many speculators trade for a profit of just four ticks, a trade which requires the market to move 6 ticks in the trader’s direction for the
    entry and exit orders to be filled.

    https://youtu.be/wT9S2fYV02k100% Capital Growth each year

    100% Capital Growth each year


    • Candlestick 8:00 pm on October 30, 2015 Permalink | Reply
      Tags: 100% capital growth each year   

      100% Capital Growth each year 

      100% Capital Growth each year


      message from reader


      Hello Long,

      As you trade on Daily time frame, I would like to know :

      • Do you always use the same strategy, or do you mix some strategies ?

      How many trades at the same time ?

      (if you trade one strategy on daily, on 10 pairs, you must have very few trades… You told me that you can make 500% each year).

      • Do you ever trade on smaller time frames, such as H4, H1, or M30 ?

      You must maybe have more signals on each pair (even if they aren’t so good) ?
      I wish I could trade on a single (or 2 / 3) strategy, on 10 pairs, with high % or winning trades, on daily time frame…
      My ultimate goal would be 100% capital growth each year, for 1% risk at stop loss.

      Thank you for your advice !
      Best regards,

      click here


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      100% Capital Growth each year100% Capital Growth each year

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