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  • 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

     

     
  • Candlestick 8:00 pm on November 20, 2015 Permalink | Reply
    Tags: How can we avoid those false signals   

    How can we avoid those false signals 

    How can we avoid those false signals?

     

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

    On this picture (it was extracted from your video of “strongest strategy”), you show how strongest strategy wins 2 trades :

    Buy I also see 2 loosing trades at stop loss (2 swing high).
    I did draw a blue arrow on them.

    Also, we can see a good harami with the orange arrow, but it also fails on one side (sometimes a harami fails on the 2 sides, buy and sell, when after it there is an engulfing candlestick that make us reach the 2 stop losses).

    How can we avoid those false signals ?

    Thank you
    Have a nice week-end
    ——————

    click here

    https://youtu.be/vM0ivhTecME

    You can make money

     

    How can we avoid those false signalsHow can we avoid those false signals

     
  • Candlestick 8:00 pm on November 19, 2015 Permalink | Reply
    Tags: You can make money   

    You can make money 

    You can make money

    reader’s message
    ——————
    Thank you for watching candlestick trading video

    Hi Long,
    Thank you very much for your email and offer to provide me with a COMPREHENSIVE TRAINING ON CANDLESTICK TRADING.

    I have spent the last 3 days exploring avenues where I can raise the required £5300 for the Comprehensive Candlestick Trading course. Unfortunately, am unable to raise this money for now. Without mincing words, I know very well, your training is of a very high quality and better than most other courses out there. I very much wish to enroll for this course but for the financial constraint.

    Please consider these:
    1.Can you possibly workout some discount for me?
    2.Can you allow me to pay in installments so that you break the course down into stages as the payment is made.?

    Please Long,help, I am trying to improve my finances so that I can do a lot of philanthropic work and support families back home in AFRICA

    Regards.
    ——————
    click here

    https://youtu.be/STkY3PcnTT0

     

    Complex candlestick patterns

    Candlestick graphs are short term trading tools which are being used for technical trading nowadays.
    More people are now using technical analysis to make their investment decisions than before.
    Though candlestick patterns only can state about the market of a very short period, they are actually helping the traders in many ways.
    Using candlestick predictions, many people are investing and making profit from their investment in the market.
    Complex candlestick patterns are making more accurate signs to the traders than simple patterns.

    Complex candlestick patterns are formed with two or more candles.
    These patterns can actually state a lot more than simple patterns.
    Most of these patterns indicate trend changes in the market.
    The most common complex patterns are harami, evening star, doji star, three black crows, morning doji star, dark cloud cover.
    Harami has many variations like bearish harami, bearish harami cross, bullish harami cross, bullish harami etc.
    A harami is formed when a day’s candle can be fit inside the previous day’s candles.
    The variety of these two candles creates variation in Harami patterns.
    Likewise Doji patterns can make various complex patterns when it is found inside a pattern.
    Doji patterns individually indicate the instability of the market and confusion of traders.
    But inside a pattern it can indicate many other things along with a significant trend change.

    Complex patterns state the condition of a certain time and they are zonal patterns.
    That’s why they can indicate the position of the market more accurately.
    Many new patterns are also being invented by experts from the main complex patterns which are being used for more accurate predictions.
    The patterns help the traders to judge the situation of the market and the traders and help them to make a right call for their investments.
    So, technical trading is becoming an easier for the traders with time.

    https://youtu.be/kAoiuHaYWs8

    Trade with Rebound and Breakout Trend line in daily frame

    You can make moneyYou can make money

     
  • Candlestick 8:00 pm on November 18, 2015 Permalink | Reply
    Tags: trad with rebound and breakout trendline in dayli frame   

    Trade with Rebound and Breakout Trend line in daily frame 

    Trade with Rebound and Breakout Trend line in daily frame

    reader’s message
    ——————

    Thank you for watching candlestick trading video

    Hello Sir Long,

    I hope you well.

    I Send you this message for show me how we can trad with rebound and breakout trend line in daily frame.

    Thank you So much.

    ——————

    click here

    https://youtu.be/HxBObMC7QaE

     

    Trade with Rebound and Breakout Trend line in daily frameTrade with Rebound and Breakout Trend line in daily frame

    What Does Changes in candlestick pattern over several days signify?
    It is important to understand that the candlestick patterns are followers of previous actions or events.
    The actions or events are namely how the price changes in the last time intervals.
    The signals shown by the candlestick patterns are just that a signal that something might happen in the future based on the past.
    As traders become more familiar with candlesticks they can realize that patterns can only be used properly if traders learn to look beyond the patterns.
    So that they can understand what has happened in the market to produce the pattern.

    Essentially this involves learning to understand the internal forces of price, demand and supply which create the changes in price.
    It is simplistic but most people describe the events that generate the candle pattern as a shift in the balance of power between the bears and the bulls.

    Understanding how the candlestick pattern changes and what causes these changes is the key to using candlestick patterns and signals in trading.
    Like trends there is a very subjective side to it.
    Most traders develop a bias towards which way the price will move based on trends, lines of resistance and the candle patterns themselves.
    Traders continually reassess the bias as like trends.
    They are reluctant to alter that bias or beliefs until they get the right signals and other information to change their mind.
    One a reversal or trend-following patterns occurs traders are locked-in to this new bias and are reluctant to change their mind once again.
    This is what following a trend and bias, or belief, is all about.
    Market analysis is simply analyzing the new information and deciding whether it supports your existing bias.
    Or, if this is adequate to change your mind as adopt a new bias.

    https://youtu.be/WB_s6lHb2yw

    Take Profit with close price take Profit

     
  • Candlestick 8:00 pm on November 17, 2015 Permalink | Reply
    Tags: take profit with close price take profit   

    Take Profit with close price take Profit 

    Take Profit with close price take Profit

    reader’s message
    ——————

    Thank you for watching candlestick trading video
    Hello Long,
    I did go “sell short” on the “hegeset” (daily GBP/USD).

    Would you close the trade with profit, or wait for trailing stop ?

    If at the end of the day the trade would be only 15 or 20 pips profitable, would you set the stop to break even, or wait a little bit more ?

    Thank you !

    Best regards

    ——————
    click here

    https://youtu.be/kc1TX7DjkTc

     

    Importance of entry and exit with the right candlestick
    The use of candlestick in trading has been one of the best things happened for the traders.
    Candlesticks show the trend of the investment done by the traders.
    Perfect predictions can be done through candlesticks about the market direction.
    This has made market easier for the traders to invest.
    None wants to lose their investment and bear a loss.
    With the help of technical trading tools, traders have ensured safe trading time.
    The perfect entry in the market can give a trader a kick start in the trading.
    If the entry is wrong, facing a loss is not far away.
    Again, the perfect time to leave the market and sell the stock is very important.
    The perfect exit time ensures that the trader doesn’t have to face any loss and lose the investment.
    The experts who are trading through candlesticks for years can easily find the right time to enter the market.
    For beginners, this trick is not an easy one.
    The bullish patterns are the best indicators of the entry of any trader.
    The downward direction of bullish pattern indicates possible trend change.
    Bearish patterns are the best time for the sellers.
    The candlestick patterns show the investors’ flow and the direction through the chart.
    To confirm the perfect entry and exit, the preferable patterns should be reconfirmed.
    Because, any wrong move in the market can cause lots of loss.
    Another important thing is to follow only day’s candle charts.
    Short interval candles cannot be relied to make an investment.
    They can change pretty soon and there is no sure prediction of those candles.
    The best way to trade technically is by start studying candlestick patterns and their results in various conditions.
    It can help the traders to judge the candle patterns and find their own weapon to win the war.

    https://youtu.be/4qsrhv7cUTU

    Close under entry bar then move stop-loss

    Take Profit with close price take ProfitTake Profit with close price take Profit

     
  • Candlestick 8:00 pm on November 16, 2015 Permalink | Reply
    Tags: close under entry bar then move stop-loss   

    Close under entry bar then move stop-loss 

    Close under entry bar then move stop-loss

    reader’s message
    ——————
    Thank you for watching candlestick trading video
    Hello Long,
    May I ask you a question ?
    On the picture (EUR/GBP Daily), I did enter SHORT after the big bearish candle, with the red arrow.
    It was a good pattern : 2 little bullish candles, and a big bearish one.
    But I was stopped at break even at the doji.
    I didn’t take all the benefit of the short trade.
    In this video :
    you told that you must take break even at the end of the daily candle.
    Was I right for this trade ?
    Thank you

    ——————
    click here

    https://youtu.be/V82l7_rx4zI

     

     

    Close under entry bar then move stop-lossClose under entry bar then move stop-loss

    Please give me a Video in this engulfing Candlestick scalping strategy

     
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