Updates from August, 2016 Toggle Comment Threads | Keyboard Shortcuts

  • Candlestick 6:20 am on August 30, 2016 Permalink | Reply
    Tags: Crude oil 15minutes resistance and support, hdfc trading   

    Crude oil 15minutes resistance and support 

     

    Crude oil 15minutes resistance and support

     

    readers message
    ———————
    Hello sir
    Please show me where to draw the horizontal lines on a 15 min so that it acts as the strong support and resistance.
    Thanks
    ———————
    click here

    https://youtu.be/3IMVEdtvblE

    2 legged candlestick trading strategy

     
  • Candlestick 10:29 am on August 29, 2016 Permalink | Reply
    Tags: 2 legged candlestick trading strategy, muhurat trading 2016   

    2 legged candlestick trading strategy 

    2 legged candlestick trading strategy

    readers message

    ———————

    Hi Long,

    Two days ago I viewed your video on TWO LEGGED CANDLESTICK TRADING.

    Please show me on the platform the formation of this pattern, highlighting the entry points, targets and stop loses.

     

    Regards

    ———————

    https://youtu.be/cgr7pT9zP6Q

    If only one side shadow appear

    and next Candlestick  high to low inside previous bar

    and next bar open market entry follow previous bar color

     

    In this case Only upper Shadow appear

    Next candlestick  high to low inside  previous bar and white

    Next bar open sell entry

    Target is the close  price stop loss is 2 candlestick bar high

     

    Thank you

     

     

    Total trading

     
  • Candlestick 8:41 am on August 24, 2016 Permalink | Reply
    Tags: robinhood stock trading, Total trading   

    Total trading 

    Total trading

    readers message

    ———————

    HI long thanks for reply about the gbpusd I lost 140 pips yesterday with a profit target of 40 pips dont get me wrong you cant win every trade but the odds dont appear to be that good.
    kind regards

    ———————

    That’s right
    Sometimes traders focus on one of the trade loss

    Trading losses are same as the cost of the company
    we have to consider about total number of trade transactions, not only one of the trade

    we recommend total trading
    not only one trade transaction.

     

    The construction of candlesticks Reading the chart

     
  • Candlestick 10:07 pm on August 4, 2016 Permalink | Reply
    Tags: option trading   

    The construction of candlesticks Reading the chart 

    The construction of candlesticks; Reading the chart
    Candlestick construction is one of the most basic things that a trader ought to understand in any forex, indices or stock trading chart. It forms the basis of understanding how the market is behaving.

    The construction of a candlestick depends on the timeframe that the trader is sing to trade. For example, if a trader uses a 5 minute time frame chart to trade, every candlestick that is formed is constructed within 5 minutes (the formation of the candlestick begins at the start of every 5 minute and end when a time lapse of five minutes passes).

    Therefore, the pattern formed by the candlesticks also depend on the timeframe chart that the trader is using. The market price trend of a tight timeframe may not be the same as to that of a large timeframe. When the two matches, then the trader should be very confident to place his trade since the trend is strong.

    https://youtu.be/cm_XoSUMJp0

    The philosophy of candle pattern identification

     
  • Candlestick 10:07 pm on August 4, 2016 Permalink | Reply
    Tags: nsw fair trading, The philosophy of candle pattern identification   

    The philosophy of candle pattern identification 

    The philosophy of candle pattern identification

    The philosophy of candle pattern identification
    The identification of a candle pattern gives a trader a very clear insight into the state of the current movement of the market prices. The candle pattern actually provides an accurate way of interpreting the data displayed on a trading chart.

    If a trader is able to identify the current candle pattern on his or her trading chart, he or she stands a very good chance of placing a winning trade. However, the trader must also understand what signal is being communicated by the candle pattern that he or she has identified in order for him or her to place the right trade.

    For example, if a trader identifies a hammer candlestick, he or she should know that there will be a trend reversal in the direction opposite to the tail of the hammer. In case the trader doesn’t identify the hammer, he or she will not be able to interpret what is happening to the market at that very instance and hence he or she will not be able to place an accurate trade.

    https://youtu.be/OT1In8ZZ3fA2016 July candlestick trading signal

    2016 July candlestick trading signal

     
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