Updates from March, 2017 Toggle Comment Threads | Keyboard Shortcuts

  • Candlestick 10:47 pm on March 26, 2017 Permalink | Reply
    Tags: Forex money management   

    How do you apply your money management 

     How do you apply your money management

    readers message
    ———————

    Hello Sir, i would like to ask you some questions about this strategy.

    1) Is it possible to trade multiple timeframes simultaneously on the same pair? For example, w1, D1, H1, M30, M15?

    2) How do you apply your money management?

    3)

    On the following example that you took? I did not quite understand what you’re talking about of the big fall we’re seeing.

    4) Sir, what pairs and instruments do you watch every day?
    ———————

    first trade is 2lots
    if win then next 4lots
    continous win then next 1 lot
    if lose then next 2 lots

     
  • Candlestick 10:05 am on March 26, 2017 Permalink | Reply  

    candlestick scalping end boule block pattern 

    candlestick scalping end boule block pattern

    readers message
    ———————

    sir,

    I watch your this advance strategy. https://youtu.be/d-zK0SKEzIk

    sir please give me same an example for scalping like this. if i scalping that then which time is best for it.

    Thanks.
    ———————

    white white black black
    end of dou;ble block black white black
    this means range price do not move
    so sell market and buy market at same time
    we can take profit both side

    https://youtu.be/r_4QwDr_tSk

     

     
  • Candlestick 11:47 pm on March 23, 2017 Permalink | Reply  

    we can wait and just place buy sop order and sell stop order 

    we can wait and just place buy sop order and sell stop order

    readers message

    ———————

    Hello Sir,
    As always, it’s a pleasure to see your videos. I carefully followed your explanations on this strategy, “Double block”.

    I would like to know is this strategy still working? Because I watched the EURUSD pair for the last few days, and I was able to identify 3 setups. On these 3 setups, only one seemed to work. On the example mentioned below, is there an explanation on the failure of the first 2 setups?
    I also studied another USDJPY pair, and I was able to identify 4 configurations. Of the 4 configurations, 3 were accurate.
    The picture is below.
    Can we infer that this strategy works better on some pairs than others?Including JPY?

    ———————

    if double block appear then we can trade next bar open
    but also we can wait and just place buy sop order and sell stop order
    price go up or go down it does’nt matter
    we candlestick trader trade up and down both direction
    this works any pair stocks futures commodities option
    any market including JPY

    https://youtu.be/yTabTqALLpA

     

     

     

     
  • Candlestick 2:09 am on March 23, 2017 Permalink | Reply  

    reach or not 

    reach or not

    readers message

    ———————

    Hello Mr. Long.

    Thank you for your response. But let me ask you another question please.

    In another video
    (https://www.youtube.com/watch?v=luqitcM2z6k)
    you say, I have to check that the lowest of the last candle is at the same level as the first bar of the first block. Is it correct? Is this the case here? It seems to me no. Can you help me?

    ———————

    to filter fail trade if last bar reach first candlestick low or not

    https://youtu.be/L4kW0-e7g2Q

     
  • Candlestick 12:53 am on March 22, 2017 Permalink | Reply  

    double block trade same as last bar color 

    double block trade same as last bar color

    readers message

    ———————

    Hello Mr Long,

    Thank you for your availability and your previous answers. I’ve seen your videos on the double block strategy. Is this strategy part of color trading training? Anyway, it is simple and seems to work in test.

    However, I identified a setup yesterday on the AUDNZD pair, and I took a long postion. I had a failure. Can you tell me what has been misinterpreted?

    This is the picture: Screenshot
    Also, in this strategy where i put the take profit or stop loass?

    Thanks, and i look forward to start your color trading training.

    ———————

    in this chart green candlesticks shows bull price up bar
    and red candlesticks shows bear price down bar
    so up up down down
    double double entry next bar open price

    we candlestick trader entry direction same as last bar color
    double block pattern last bar is red so next open price sell entry
    not long buy entry

    up up down down so next sell
    if double block pattern red red green green then next bar open long buy entry

    here is one of the exit strategy
    last bar close price exit
    up up down down next bar open price sell and close price exit
    so target and stop loss same as last bar close price

    Thank you

    https://youtu.be/OruL1vclcsE

     
  • Candlestick 12:01 am on March 2, 2017 Permalink | Reply
    Tags: indices and commodities   

    Candlestick trading also be used on indices and commodities 

    Candlestick trading also be used on  indices and commodities

    reader’s message
    ———————

    Hi Long all the information you give out on using candlesticks on forex.
    can it also be used on indices and commodities.
    kind regards
    ———————

    of course
    this is UK index daily chart
    black black white white double block candlestick pattern
    this pattern indicate price go lowr

    here is engulfing candlestick
    this means trend end soon
    also here is 2 bar engulfing.
    this pattern indicate that trend change and price go up

    here is also
    gold usd daily chart
    black black white white indicate price go down
    and
    white white black black shows price go up

    here is also
    black black white white so price go down
    we are using candlesticks on forex.
    can it also be used on indices and commodities.
    any market

     
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