Updates from March, 2016 Toggle Comment Threads | Keyboard Shortcuts

  • Candlestick 12:42 am on March 30, 2016 Permalink | Reply
    Tags: candlestick patterns marathi, FOREX easy scalping trade chance   

    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 will give many but of low quality signals.
    it is one of the simplest and it an be used on any currency pairs.
    The recommended time frame is daily. which offers reversal signals.
    this news candlestick pattern preferred for scalping strategy.

    click here

    Trend from the open candlestick trading

    FOREX easy scalping trade chance

     

     
  • Candlestick 12:02 am on March 30, 2016 Permalink | Reply
    Tags: candalstrick patterns marathi, candlestick chart explained pdf, Trend from the open candlestick trading   

    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.
    And the trader should place a trade at the beginning of the formation of the candlestick or
    just after a very short while once the candlestick begins to form.
    When scalping, you place a buy order if the trend of the open candlestick is bullish and a sell order
    when the trend of the open candlestick is bearish.

    https://youtu.be/oQRGyUxc_f4

    Reversal day candlestick trading

    It is very rare for the trend of the market prices to be continuous throughout the day.
    Usually, in a day, the trend will have several reversals which the trader should be able to recognize.
    A reversal is a movement in the opposite direction of the main trend of the market prices.
    For example, you may have a bullish trend and then a hammer forms followed by candlesticks
    that take a downward trend for a short period before resuming their bullish (upward) trend.
    However, the trader should be very careful to distinguish trade reversals from a change of the trend.
    There are some types of candlesticks like the Morning Star, Abandoned Baby, Dragonfly Doji
    Doji Star and hammer among much more than point to trend reversals.

    https://youtu.be/NjlEeNc_oxQ

     

    Common trend pattern candlestick trading

    In candlestick trading, the common trend pattern is easily recognizable since it entails the formation of several candlesticks
    in a certain trend. The trend can either be bullish (upward) or bearish (downward).

    For example, the trader may observe the formation of candlesticks within a duration of 12 hours in an upward trend,
    which becomes a sign that there is a probable bullish trend. The vice versa is also applicable.
    However, to observe a common trend pattern, it is advisable for the trader to analyze data (candlesticks) over a long duration of time.
    This will give a more precise insight into the type of trend pattern of the market prices.

    https://youtu.be/Ipyl54OcgjY

    Signs of strength candlestick trading

    When using the candlestick trading strategy,
    the trader has to be aware of the signs of the strength of the patterns or trend,
    which is depicted by the types of the formed candlesticks.
    There are various signs or pointers to the strength of a trend using the candlestick trading pattern.
    Below are some but not all of these signs:

    i.The formation of a long bullish candlestick that is followed by small candlesticks which form a brief
    downtrend without exceeding the low of the first candlestick. Then, if the fifth bullish candlestick closes at a new high
    it is an automatic sign that a bullish mood has resumed.

    ii.Formation of an Evening Star, which is a small candlestick that gaps upward, showing
    indecisiveness between buyers and sellers and pointing to a potential trend reversal.
    If a bearish candlestick form, then it is a sign of a strong bearish trend.

    iii.The formation of a long bearish candlestick, which is followed by small candlesticks that form a brief uptrend
    without exceeding the high of the first candlestick. If a fifth bearish candlestick closes at a new low it a sign of a bearish trend.

    https://youtu.be/jL-hNVNfFhY

    Two legged candlestick trading

    The two legged candlestick trading is considered one of the easiest to use and profitable trading strategies.
    In a short explanation, the two-legged candlestick trading involves counting two legs.
    Each leg is divided into two sections; an upward moving part and a downward moving part.
    In counting the two legs, the trader has to count all the four sections of the two legs (because each leg has two sections).
    For example, the trader may notice a downward trend of candlesticks followed by the formation of a hammer which implies a
    change of direction
    (this is counted as the first section of the first leg). Then after changing the direction,
    several candlesticks are formed in an upward direction followed by the formation of a hammer
    (this implies the second section of the first leg). Then the trader should wait for a similar pattern of
    candlestick formation for the second leg to be completed.
    The trader can then place a trade after the second leg.
    However, the two-legged pullbacks that follow strong momentum are best for better quality setups.
    But very strong trends usually have single leg pullbacks and the trader should just be patient and
    allow himself or herself to miss the trades until there is a two-legged pullback.

    https://youtu.be/BhcZBCdgQt8

    Intraday Price Imbalance trading strategy

     
  • Candlestick 12:58 am on March 29, 2016 Permalink | Reply
    Tags: Intraday Price Imbalance trading strategy   

    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.
    While there are many levels we’re all very well acquainted with,
    Intraday Price Imbalance trading strategy,

    click here

    Trend channel lines are lines which are drawn in a way that they form a channel.

    The lines are drawn along the candlesticks but they are spaced by a certain distance.
    The channel lines can be drawn using different methods like from the opening of a certain candlestick to the closing of another
    candlestick or using any other criteria as the trader would wish to.
    Mainly, the trend channel lines are used to identify a region of action.
    By a region of action it means a time when something should take place. For example,
    the trader may set the top channel line to be a signal for placing an order while the lower channel line can be for closing the order
    either by a stop loss or a take profit.
    The use of the trend channel lines will however, depend on the understanding of the type(s) of the formed candlesticks since different
    candlesticks shows different market behaviour

    https://youtu.be/DkD0e9sv2dU

    Price action method and repetition of market

     
  • Candlestick 12:58 am on March 29, 2016 Permalink | Reply
    Tags: bahasa indonesia stress patterns, Price action method and repetition of market.   

    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 results time to time.
    Once the same type of trend is repeating, price action traders follow the previous market steps and decide the next move.
    Price action trading, thus, needs a lot of observing to get a clear trading concept.
    Traders need to observe the market, know how the trends and the patterns work to get the basic knowledge of the market and then start trading.
    Most price action traders use either bar chart or the candlestick chart to observe the price movement.
    Candlestick charts show the same information as bar charts but in a graphical format that provides a more detailed and accurate representation of price action.
    Candlestick charts visually display the supply and demand situation by showing who is winning the battle between the bulls and the bears.
    Candlestick formations make all single bar and multi-bar patterns significantly easier to spot in real time.
    The interpretation of these patterns is based on the previous history of the market.
    So, the candlestick patterns are the results of the repeated history of the market.
    Thus it increases trader’s chances of catching high probability trade setups.
    Candlestick charts offer everything bar charts do and more as the patterns are based on the previous actions of the market.
    Using them is a win-win situation because traders can use all the trading signals normally used on bar charts with the added clarity and additional signals generated by candlesticks.
    Thus, price action method and market history is correlated in many ways and traders need to observe the market carefully to know the results of market in various situations.

    https://youtu.be/2aLdakM_EI0]

    Price Action Trading and Candlestick Charts

    For traders who are trading in the market frequently, candlestick chart is a common term.
    But beginners should have the basic knowledge of candlestick charts.
    Candlestick chart is a style of financial chart.
    Candlestick charts are considered as one of the best technical trading tools.
    The chart is made out of every day’s price movement candles.
    The candles are made from the highest, lowest, opening and closing price of a day.
    The chart shows the ups and downs of the market to the traders by arranging these candles serially.
    But that’s not why it is used as a tool.
    The candles form different patterns while showing the price movements of the day and other days.
    These patterns can indicate to certain possible changes in the market.
    There are more than 100 simple and complex patterns available in the candlestick charts.
    The patterns can be either bullish or bearish.
    The bullish patterns show the buyers overpowering the market.
    The bearish patterns show the sellers becoming stronger in the market.
    The candles can be either red and green or white and black.
    Every pattern can be interpreted by the traders and experts.
    Till today, candlestick patterns can predict the future of the market more accurately than other tools.
    The high accuracy of the predictions done from these patterns is the reason behind the popularity of candlestick charts.
    Price action trading method needs to observe the price movements of the market.
    Thus, price action traders use either candlestick charts or bar patterns to do so.
    By using the candlestick chart and the patterns, traders can easily decide whether they should enter the market or leave.
    There is lots of confusion among the patterns as most of them are quite similar with opposite meanings.
    But still, price action traders mostly choose candlestick charts as one of the best trading tools.
    The advantage of candlestick chart is anyone can make it if they have all the important information of the market.

    https://youtu.be/Tkhu1fA6s7U

     

    Price action trading- why candlestick?

    Price action is one of the common trading methods practiced by traders regularly in the market.
    The difference of price action than the other trading methods is that price action method is based on the price movement of the market and no indicator is used.
    Price action method needs a chart like bar chart or candlestick chart for observation of the price movements in the market.
    Most price action traders use candlestick chart for this purpose.
    Candlestick charts are one of the oldest trading tools in the history of the market.
    It is still one of the most popular tools of trading.
    Candlesticks form various patterns in a chart.
    These patterns can foretell the upcoming changes of the market.
    Price action traders use these patterns and previous market results to make a move in the market.
    The candlestick patterns are very much influenced by the trends and the price movements.
    The interpretation of the patterns is depended on the repeated result of the market just like price action method.
    Candlestick charts show the same information as bar charts but in a graphical format that provides a more detailed and accurate representation of price action.
    Candlestick charts visually display the supply and demand situation by showing who is winning the battle between the bulls and the bears.
    Candlestick charts reveal another dimension of the given period’s price action by pictorially displaying the force behind each price bar’s movement.
    Candlestick formations make all single bar and multi-bar patterns significantly easier to spot in real time.
    Thus it increases trader’s chances of catching high probability trade setups.
    Candlestick charts offer everything bar charts do and more.
    Using them is a win-win situation because traders can use all the trading signals normally used on bar charts with the added clarity and additional signals generated by candlesticks.
    https://youtu.be/SjE8DovWSaM.

    signal bars Reversal bars

     

     
  • Candlestick 11:19 am on March 28, 2016 Permalink | Reply
    Tags: candle stick trading diagtams, candlestick chart pattern pdf, signal bars Reversal bars   

    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 indicate of a bullish price action
    and bullish bar followed by a bearish bar located at the top,
    it is bearish reverser coming soon.

    Timing trades to enter at market reversal
    there are trading edge
    two bar reversal occurs
    You can exit a trade or open new trade
    entry of bull trade on the bullish reversal bars and
    exit trade on the bearish bars

    these two bar candlesticks indicates start or end
    psychology of this setup takes advantage of newbies,
    when they see fresh highs being set for the trading session.
    These new buyers will immediately see the price reverse on them
    and consider the breakout to be a false signal.
    Price continues lower these traders will become fearful and sell
    out for a loss,
    candlestick trader observe their passion action and
    using the rules outlined above,
    So you can entry trend start or end

    https://youtu.be/O4-zNS0xcJM

    i want know how you trade now if its possible for more understand this strategy

     

     
  • Candlestick 1:32 am on March 28, 2016 Permalink | Reply
    Tags: candlesitck volatility shows trading edge, candlesticks para traders pdf   

    i want know how you trade now if its possible for more understand this strategy 

    i want know how you trade now if its possible for more understand this strategy

    readers message

    ———————

    thank you, i follow you long time ago but, in same video you use sell/buy order and same video you wait close candelsticks,

    then, i want know how you trade now if its possible for more understand this strategy.
    thank you so much.

    ———————

    trading strategy not changed
    wait close price reason why
    candlestick tails and body to remove illiquid prices.
    and avoid range market

    click here


    Horizontal lines swing point and other key price levels about candlestick
    For experienced Forex traders, they know that the market prices just don稚 move in one direction continuously over a long period of time.
    The market prices will move in a specific direction over a given duration of time and then move
    in the opposite direction for a given duration of time before reversing to the previous direction.
    This cycle goes on and on and on.
    The points or instances, at which the market price trend changes the direction of the previous trend direction are commonly referred to as swing points.

    The trader should identify previous swing points and draw horizontal lines through them; especially those that happened most recently.
    It is surprising to note that sometimes the market swings take place at the same market price over a given span of time before moving on with a definite trend.
    If this is the case, then the trader should seize the opportunity and place an order when the next swing takes place.

    https://youtu.be/GcZCeQMPQVY

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

     
  • Candlestick 11:11 pm on March 27, 2016 Permalink | Reply
    Tags: 4 Powerful Price Action Trading Methods, imsc candlestick, the candlestick training guide pdf   

    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 start another day
    kind regards

    ———————

    No

    there are different server time each broker

    for example
    the existing broker OANDA metatrader4 server is GMT-5

    4 Powerful Price Action Trading Methods

    Price-action is one of the most powerful trading methods that can generate buy/sell signals on many stocks, commodities, and Forex pairs.
    In this article, we will describe several high-accuracy trading methods that produce profits in the long-term.
    One of the most accurate trading methods is the pullback to support/resistance level.
    In this method, traders wait for the price to break a support or resistance level and then re-test this level after the breakout.
    This is one of the strongest trading signals as traders are able to join the trend at its early beginning, with small stop loss and great reward.
    Pullback support
    This kind of trade is profitable in both trending and ranging periods, so a trader can trade it safely even if he doesn’t separate
    the two market conditions.
    This is another pattern that is useful for stock market analysis and produces accurate bearish signals.
    The Double Top occurs when prices hit the same Resistance level twice and then retraces downwards.
    Double top
    Traders enter the trade after the price breaks the trend line and pulls back to the neckline from below.
    This is an accurate trading signal with low risk and high reward.
    One can also trade the Double Top by entering at the breakout itself; however, this is a less accurate variation that can lead to
    more losses in the long-term.
    Point to be noted when trading stocks it usually has a 70-76% success rate.
    Moving Average Bounce
    The Moving average bounce is a very good trend-following signal that occurs when the price hits the moving average in the middle of a trade,
    and bounces to continue the existing trends.
    For maximum accuracy make sure that the moving average is not flat but trending in a certain direction and that it has been trending for
    at least 8-10 bars before you trade these signals.
    The idea behind this trading method is also the main idea of the CCI Zero-Line-Reject trade, as the zero-line reject occurs when the price
    bounces on a moving average.
    Fibonacci Retracements
    These are useful for predicting market continuation.
    They use a relationship between numbers that was discovered a few centuries ago to predict the most likely places price is likely to retrace,
    and then continue its trend.

    https://youtu.be/h73H3bJjogs

    Can you show me how you trad with strangest strategy now

     
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