Updates from January, 2017 Toggle Comment Threads | Keyboard Shortcuts

  • Candlestick 10:19 pm on January 17, 2017 Permalink | Reply
    Tags: importance of close price   

    watch chart if price closed 

    watch chart if price closed

     

    this problem happens if watch last bar and previous bar location

    here is important things
    closed higher than previous bar or temporary higher close price

    vice versa

    closed lower than previous bar low or temporary lower close price

    we candlestick trade watch closed price location to previous bar
    not temporary close price
    this means last bar price action is not important
    because last bar always temporary price action
    if place order to previous high and low both side
    then both order filled and both position stop out
    by temporary price action
    to avoid this fail we candlestick trader watch
    last bar closed higher than previous bar
    or
    last bar closed lower than previous bar
    confirm closed price location
    this means candlestick trader watch chart
    close price time
    ex.
    daily chart close price once a daily
    1hour chart close price every 1hour

    so watch chart when price close
    this means new candlestick appear timing

    https://youtu.be/ztVyKinM30M

     
  • Candlestick 2:12 am on January 17, 2017 Permalink | Reply
    Tags: zig zag indicator   

    zig zag indicator shows resistance and support 

    zig zag indicator shows resistance and support

    readers message
    ———————
    Hi Long hope .you had a good a good holiday just been on your web page . you were talking about support and resistance indicators
    where can i get hold of them .
    kind regards

    ———————

    zig zag indicator shows resistance and support
    level
    you can identify exact key level to recognize
    break out timing

    video here

    https://youtu.be/MLN5avM0I0M

     
  • Candlestick 1:10 am on January 16, 2017 Permalink | Reply  

    Follow trend until next color change 

     

    Follow trend until next color change

    readers message

    ———————

    in this video which you have sent to me.

    At 1:40 to end of video, i can not understand, please clear this with an example it will help

    ———————

    step1
    identify previous high and low
    if today high is higher than previous high
    then trend strong

    price up this indicate black candlestick at bigger time frame
    and also previous close is higher than open
    this means bull candlestick
    if today low is lower than previous low
    then trend weak
    price down this indicate white candlestick at bigger time frame
    and also previous close lower than previous open
    this means bear candlestick

    step2
    identify color change
    color change means trend change

    step3
    follow trend until next color change

    https://youtu.be/G-9la8ZU5ug

     

     

     
  • Candlestick 11:00 am on January 14, 2017 Permalink | Reply
    Tags: basic rules for starting the day with the 15 min chart   

    basic rules for starting the day with the 15 min chart 

    basic rules for starting the day with the 15 min chart

    here is basic rule

    1
    identify previous high and low
    if today high is higher than previous high
    then trend strong

    price up this indicate black candlestick at bigger time frame
    this means bull candlestick

    if today low is lower than previous low
    then trend weak
    price down this indicate white candlestick at bigger time frame
    this means bear candlestick
    2
    identify color change
    color change means trend change

    3
    follow trend until next color change

    https://youtu.be/e-f1a0WP-J4

     
  • Candlestick 11:01 am on January 13, 2017 Permalink | Reply
    Tags: oriental trading   

    zig zag indicator shows resistance and support 

    zig zag indicator shows resistance and support

    readers message
    ———————
    Hi Long hope .you had a good a good holiday just been on your web page . you were talking about support and resistance indicators
    where can i get hold of them .
    kind regards

    ———————

    zig zag indicator shows resistance and support
    level
    you can identify exact key level to recognize
    break out timing

    video here

    https://youtu.be/MLN5avM0I0M

     
  • Candlestick 8:25 am on January 13, 2017 Permalink | Reply
    Tags: How to set deviation to metatrader4   

    How to set deviation to metatrader4 

    How to set deviation to metatrader4

    metatrader bollinger band attach to chart

    bands attach to chart 3 times

    and set each deviation

    deviation 1σ

    deviation 2σ

    deviation 3σ

    and each #0 same color

    each #1 and #2 same color but different

    between 1σ 2σ 3σ

    https://youtu.be/5lqJK4cWY2Q

     

     
  • Candlestick 6:00 am on January 3, 2017 Permalink | Reply
    Tags: trading company   

    How many trade signal do I get on Eur/usd 

    How many trade signal do I get on Eur/usd

    readers message
    ———————
    Hi Long,

    Thank you for your reply. How many trade signal do I get on Eur/usd

    for scalping?

    tks

    theere are short time frame

    Regards
    ———————

    Countless at short time frame
    but I recommend daily basis

    Support and resistance candlestick trading

     
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