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  • Candlestick 1:08 pm on February 22, 2016 Permalink | Reply
    Tags: candlestick patterns indicator pdf editor   

    Please give me this Suggestion 

    Please give me this Suggestion

    reader’s message
    ———————

    Sir,

    Thanks for your replay. ok, i will follow 24 candlestick strategy

    but sir where i put my take profit and stop loss. please give me this suggestion.

    Thanks

    ———————

    click here

    https://youtu.be/ZgDIhSach4E

    Please give me this SuggestionPlease give me this Suggestion

    Steps to use candlestick indicators properly

    To trade successfully using candlestick graphs, traders need to follow some basic steps. These steps can actually help them to get a better trading result.

    First of all, traders need to find exceptionally strong reversal signals at the top of an uptrend to time their exits,
    or at the bottom of a downtrend to time their entries. Reversal signals come in many shapes and sizes, in candlesticks as well as other forms.
    There are approximately 100 different candlestick indicators. One cannot possibly expect to look for all of these and some are more easily spotted than others.
    For this reason, it makes sense to identify the more reliable reversal signals and focus on looking for those.
    Some indicators work as price reversal signals about half the time and as price continuation signals the other half of the time.
    So, traders need to know all ifs and buts of reversal patterns.

    Secondly, traders need to make sure that there is a trend to reverse. Reversal only works if there is a trend to reverse.
    When traders find the reversal signals in the wrong places, they usually are continuation patterns
    sign that the price trend will continue in its current direction. The fact that the same indicator
    can be either a reversal or a continuation signal should not be confusing. It is just a matter of where it appears within the existing trend.

    Thirdly, traders have to always look for confirmation before they act.Finding independent confirmation of the predicted reversal is
    very important. Only when the confirmation is done, then traders should take action. Confirmation is one of the basic techniques used by
    technicians to time entry and exit. Because no signal is reliable all by itself all of the time, finding confirmation in one form or another
    just makes sense. These steps can help the traders to get the best ways of investing.

    https://youtu.be/w9oTsFBJI7ghttp://www.candlestick-trading.com/please-give-me-this-suggestion/

     

     
    • Candlestick 8:26 am on February 21, 2016 Permalink | Reply
      Tags: candlstic paterns explain   

      I will follow every time or give me some tips 

      I will follow every time or give me some tips

      reader’s message
      ———————

      Sir,

      I see your all video, but i am confused from there. sir would you mind please advice me which candlestick pattern
      i will follow every time or give me some tips about profitable candlestick pattern with some picture.
      ———————

      click here

      I will follow every time or give me some tipsI will follow every time or give me some tips

      Some single candlestick patterns

      Japanese candlestick pattern predictions have high accuracy rate.
      Traders should know four basic single Japanese candlestick patterns which are commonly used for the predictions.

      Hammer and Hanging man

      The hammer and hanging man look exactly alike but have totally different meanings depending on past price action.
      Both have little bodies (black or white), long lower shadows, and short or absent upper shadows.
      The hammer is a bullish reversal pattern that forms during a downtrend.
      When price is falling, hammers signal that the bottom is near and price will start rising again.
      The long lower shadow indicates that sellers pushed prices lower, but buyers were able to overcome this selling pressure and closed near the open.
      More bullish confirmation is needed before it’s safe to pull the trigger.
      A typical example of confirmation would be to wait for a white candlestick to close above the open to the right side of the hammer.
      The hanging man is a bearish reversal pattern that can also mark a top or strong resistance level.
      When price is rising, the formation of a hanging man indicates that sellers are beginning to outnumber buyers.
      The long lower shadow shows that sellers pushed prices lower during the session.
      Buyers were able to push the price back up some but only near the open.

      Inverted Hammer and Shooting Star

      The inverted hammer and shooting star also look identical.
      The only difference between them is whether you’re in a downtrend or uptrend.
      Both candlesticks have petite little bodies (filled or hollow), long upper shadows and small or absent lower shadows.
      The inverted hammer occurs when price has been falling suggests the possibility of a reversal.
      Its long upper shadow shows that buyers tried to bid the price higher.
      Since the sellers weren’t able to close the price any lower, this is a good indication that everybody who wants to sell has already sold.
      The shooting star is a bearish reversal pattern that looks identical to the inverted hammer but occurs when price has been rising.
      Its shape indicates that the price opened at its low, rallied, but pulled back to the bottom.
      This means that buyers attempted to push the price up, but sellers came in and overpowered them.

      This is a definite bearish sign since there are no more buyers left.

      https://youtu.be/hcKxnIKjJrQ

      Where the right entry and Why that trade are loss

       
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