Updates from November, 2015 Toggle Comment Threads | Keyboard Shortcuts

  • Candlestick 8:00 pm on November 21, 2015 Permalink | Reply
    Tags: You can take profit with these powerful and simple strategy   

    You can take profit with these powerful and simple strategy 

    You can take profit with these powerful and simple strategy

    reader’s message
    ——————

    Hi Long,
    Thank you very much for the numerous videos and more importantly for the opportunity you gave me to copy your trade and make some money to pay for the ADVANCED CANDLESTICK TRADING COURSE. Unfortunately, I have not made the money to pay for the course. You need to show me more trades to copy to make the money. l must confess, I loss all my money in Binary options trading and that is why I have decided to come back to forex that I was trading before.

    Your style is quite unique and I love the simplicity of your methods: NO NEED OF TREND, NO NEED OF SUPPORT AND RESISTANCE, NO NEED OF INDICATORS. I was thought to use all these and that created a lot of confusion and made me to lose money. I have made up my mind to holistically learn your system and put it into use as soon as possible.

    Your videos are high quality in terms of producing results, but I find it difficult to understand them. I need further explanation on the 4 strategies you taught me in the 4 questions I answered.

    Regards

    ——————

    click here

    https://youtu.be/6C1axyjgyJQ

    Some powerful candlestick patterns

    There are lot6s of candlesticks patterns available for the traders.
    But some of these patterns are highle accurate in results and they are referred as major patterns by the experts.
    The high accuracy rate of these patterns has made them more popular to the traders in the market.

    The hammer is one of the major patterns which signals “Buy” to the traders.
    But the more up trending pattern is a three line strike reversal pattern which includes three black candles within a downtrend.
    According to many experts,
    this pattern can predict higher prices more accurately than the others.
    While three line strikes predict the higher prices,
    the evening star predicts successfully the lower prices which have make it popular to the traders for a safe trading option.
    The Doji patterns are said to be state the exhaustion and the instability of the market.
    All the Doji patterns are used with the previous days’ patterns to successfully interpret the condition of the market and the next move of the buyers or sellers.

    Along with other pattern analysis,
    Japanese interpretations are also becoming popular to the traders as these interpretations also have high accuracy rate.
    The spinning tops,
    Marubozu,
    Dojis,
    the morning star,
    the evening star,
    the shooting star,
    Harami are the most common Japanese patterns used by the traders.
    The bullish and bearish patterns are opposite to each other and if they are combined,
    they state an instable signal for the traders and the market.

    In this competitive market,
    candlestick patterns are gaining vast popularity for their helps to get the best decision for the traders.
    Many people are now interested in doing researches about these patterns.
    As a result more accurate patterns with accurate predictions are being introduced to the traders.
    The best way for the traders is to having a proper knowledge about the patterns before using them for making the decision about trading.
    Only then,
    successful trading can be ensured.

    https://youtu.be/GdJd4KhM5DA

    How do you see the take profit

    You can take profit with these powerful and simple strategyYou can take profit with these powerful and simple strategy

     
    • Candlestick 8:00 pm on November 21, 2015 Permalink | Reply
      Tags: How do you see the take profit   

      How do you see the take profit 

      How do you see the take profit

      YouTube comment

      ——————
      Could you please explain it? Price is 116.92 and how do you see the take profit will close at 119?

      ——————

      click here

      Important information about Candlestick charts
      Before the traders start technical trading by using candlestick charts, they should know the basic important information about the candlestick charts.
      Candlestick charts were first invented in Japan and Japanese use them for rice trading.
      Candlestick chart is mainly the visualization of any market’s price movement.
      It depends on the investors’ sentiment and their trading trend.
      Candlestick charts are valid for a short period.
      The trends can change at any time.
      A day candlestick chart includes one candle for the activity of each day in the market.
      The candle’s shape depends on the activities of the market and the investors’ flow of investment.
      The candles can be red and green or white and black.
      Red and black are for bearish candles.
      Green and white represent bullish candles.
      The body of the candle sits between the open and the close price.
      A long candle indicates large price movement and short candles indicate small price movements.
      The wicks of the candles in upward and downward direction indicate the highest and the lowest price of the market.
      Candle graphs have two trends: Uptrend and downtrend.
      Bullish candles show that the buyers are increasing and bearish candles show the sellers are increasing.
      An uptrend shows the buyers winning and downtrend shows that the sellers are gaining power.
      Reversal patterns are the indicators of a possible trend change.
      Reversal patterns can also indicate the continuation of the previous trends in a parallel way.
      Candlestick charts cannot show the reason of the price movement.
      They cannot even specify the time gap between the trend changes.
      While trading with candlesticks, following a day’s trend is better.
      Short interval candlesticks are not as accurate as the day’s candles.
      Confirmation of candle patterns is one of the most important steps while trading.
      Otherwise, the candle patterns can mislead a trader.

      https://youtu.be/IT_bDqqrmH0

      How can we avoid those false signals

       

       
      c
      Compose new post
      j
      Next post/Next comment
      k
      Previous post/Previous comment
      r
      Reply
      e
      Edit
      o
      Show/Hide comments
      t
      Go to top
      l
      Go to login
      h
      Show/Hide help
      shift + esc
      Cancel