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Archive for March 2016

FOREX easy scalping trade chance

FOREX easy scalping trade chance based on financial news temporary candlestick strong body is scalping trade chance. long big candlestick get into the overbought area. it is a bearish signal and it doesn’t matter the color of the candle. price go down after a strong move. If the candlestick of periods is too small it…

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Trend from the open candlestick trading

Trend from the open candlestick trading Although it is not a common thing among Forex traders, it is possible to detect a trend from the open candlestick trading. But this is recommended for experienced traders since the trader has to take too many factors into consideration. From an open candlestick, the trader can only scalp.…

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Intraday Price Imbalance trading strategy

Intraday Price Imbalance trading strategy   reader’s message ——————— Hi Long thanks for reply ive never heard anyone teach candlesticks like you its just beyond me. but could you explain in a little more detail on the closing and opening of the candlesticks. ——————— As price action traders, we are always looking at our levels.…

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Price action method and repetition of market

Price action method and repetition of market Price action method is one of the basic methods of trading in any market. In price action method, no indicator is used and traders make their trading move based on the basic knowledge of price movements in the market. The trade market repeats the price movements and the…

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signal bars Reversal bars

signal bars Reversal bars   two bar reversal price action set up is prepared for trend reversal This price action trade set up comprises of two bars. large candlestick ability and it smaller upper shadow and the small lower shadow When a bearish bar followed by a bullish bar appears at the bottom, candlestick reversal…

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are you saying that it finishes at 12 o clock at night

  are you saying that it finishes at 12 o clock at night   readers message ——————— Hi Long thanks for your reply. ive checked my brokers time it says 24 hours so are you saying that it finishes at 12 o clock at night and then it starts at 1 minute past midnight to…

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