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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
    https://youtu.be/l1lqhS9Bg7c

    Related article

    Picture of double block pattern candlestick

    http://candlestick-trading.com/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.
    Breakout
    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

    https://youtu.be/fumrs1T-6Is

    Related article

    Candlestick shadow (hedge) means price cancellation

    http://candlestick-trading.com/candlestick-shadow-hege-means-price-cancellation/http://www.candlestick-trading.com/100-capital-growth-each-year/

    Candlestick pin bar means and what is important thing?

     

     

     

    100% Capital Growth each year100% Capital Growth each year

     
  • Candlestick 8:00 pm on October 2, 2015 Permalink | Reply
    Tags: pin bar trade   

    Candlestick pin bar means and what is important thing? 

    Candlestick pin bar means and what is important thing?

    reader’s message
    ——————
    Hello Long,

    I hope you are fine.

    Do you often trade pin bars ?

    I think that they are easy to spot and can be very effective for me.

    Buy I would like to know how to filter them, and increase the winning ratio of buy / sell stop on pin bars.

    I’m looking for >70% winning ratio for pin bars with 1/1 risk/reward,
    or >50% for 1/2 risk/reward.
    Maybe it is topic… but I saw some traders who claim to have 70% winning trades with pin bars on supports / resistances, with reward 1,5 for risk 1.

    Thanks for your advice !
    Best Regards?

    ——————

    pin means lost direction
    so, when pin bar appear don’t trade next bar.

    Wait confirmation upper close pin or under close pin
    then trade.
    you can take profit.

    Find bigger Candlestick body and inside close price

    Candlestick pin bar means and what is important thing?Candlestick pin bar means and what is important thing?

     
  • Candlestick 8:00 pm on October 1, 2015 Permalink | Reply
    Tags: Find biggercandlestick body and inside close price   

    Find bigger Candlestick body and inside close price 

    Find bigger Candlestick body and inside close price

     

    Reader’s message
    ——————

    Hello Long

    This strategy would be very suitable for me !

    But as you can see on this picture, I see far more loosing trades than winning ones
    (red arrows = entry candles, loosing / green arrows = entry candles, winning).

    Of course it’s a bad period for EUR/USD with a range.

    Any idea to filter entries ?

    Or do you go straight to break even when you can ?

    Thank your

    ——————

    Video click here
    https://youtu.be/smL5LEkSD20

    What take profit can I use in this haramy strategy?

     
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