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readers question ——————— Hi Long thanks for your videos what do you do when all of the candles are inside the mother candle do you just wait or go down to a smaller time frame. also have you any tips on using zigzag apart from support and resistance. ps looking foreward to the novice training course your offering. ———————
buy trade if zigzag resistance higer and candlestick colour change then put sell stop order to colour change candlestick low target lower close stoploss entry candlestick high
sell trade if zigzag support lower and candlestick colour change then put buy stop order to colour change candlestick high target higher close stoploss entry candlestick low
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readers question ———————
Another Great Video, Thank You Mr. Long, as explained in this video, i am unsure which was the previous video that your spectator asked about. Nevertheless, you point out two things in this video, at first Mr. Long was explaining a spinning top or bottom, then you switched to candle stick inside close… when apllying this method, does the previous candle have to be bigger from top to bottom from the entry candle? You mentioned that the new candle is LH and the closing was a HL, in other words it can be candles that are inside close? This is at 7:08… so in other words you can place the orders on a candle that make inside close from the previous? https://youtu.be/_f1RV7Y1vmo
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readers question ———————
Hello Mr.Long,
Thanks for your effort and generosity….. Thank you so much.
I know u won’t recommend 1 min.. But I asked you a strategy regarding Binary option, bcoz I would like to learn from yours ” The Complete Candlestick Course”…. It costs $3000. To earn that money I have to earn quickly with small investment. Bcoz already I’ve lost several hundreds of dollars.
After seeing your videos on YouTube , its completely new way and unique and it gave me confidence.
After that I bought your kindle books and purchased 2 courses…
But all are for Daily time frame. It takes too long with minimum capital with 0.01 lot.
But I have applied your double block , double block advanced, three color continuation in Binary for 1 min. It is nice but I couldn’t make that much….. That’s why I asked u a sureshot strategy….
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readers question
———————
Hello Mr.Long,
Thanks for your videos and knowledge. I have some
questions….
1. What does Candlestick psychology mean of a single candle? What’s the importance?
2. What does Candlestick Sentiment mean of a single candle? What’s the importance?
3. How to know who are dominant either bulls are bears in a single candle?
4. You have said that, wicks of a candle is temporary price action , close
position is important. How to handle the wicks? Bcoz sometimes , a candle with long
upper wick , in an uptrend with red color small body, fills the wick or reverse the
trend? How to catch that?
5. Should a candlestick trader consider the Trend and SnR? Or color change and
inside outside close is enough to make the trading decision?
6. What does the volume of a single candle say? How to understand that?
7. Kindly suggest a sureshot Binary option trading strategy for 1 min chart with 1
or 2 minute expiry.
Thanks and Regards,
———————
1. What does Candlestick psychology mean of a single candle? What’s the importance?
traditional way it depends on candlestick formation
for example
upper wick, long lower body traditional way says if this candlestick appears go
lower but how long wick and what is the body length
it different every candle
it’s complicated to trade dicision.
traditional way we have to remember bunch of candlestick formations
colour trading way
if previolus lower close then go lower
if previous higher close then go higher
so previous higher close or lower close important
2. What does Candlestick Sentiment mean of a single candle? What’s the importance?
traditional way body and wick size shows Sentiment
i mean can not identify sentiment only single candle in traditional way
it needs multiple candlestick to reading charts and analyze psychology and
sentiment
but I am going to show you colour traindg way at No4 answer
3. How to know who are dominant either bulls are bears in a single candle?
if close price higher than open price bulls dominant
if close price lower than open price bears dominant
it just higher close or lower close.
how to catch that
if high wick is previous high wick higher and the body is previous wick higher
close then price go up
if high wick low is previous high wick low lower and body is previous low lower
close then price go down
so how to handle wicks
if the price go up and higher close wick high also body is previous wick higher
close then price go higer
if the price go down and lower close wick low
also body is previous wick lower close then price go lower
5. Should a candlestick trader consider the Trend and SnR? Or color change and
inside outside close is enough to make the trading decision?
yes
6. What does the volume of a single candle say? How to understand that?
if higher volume appeas then put sell top to previous lower volume and
if lower volume appears then buy stop to previous higher volume
7. Kindly suggest a sureshot Binary option trading strategy for 1 min chart with 1
or 2 minute expiry.
I don’t recommend 1 minites or 2minutes
it’s broker house winning system
so if you trade binary option daily basis recommend
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readers question ———————
I have watched almost all your videos, thank you for the amazing knowledge. Do you trade indices? V10, V50, V75, or V100? If so, these have high volatility, how do you go about trading these? Thank You Mr. Long..
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readers question ——————— 1. How to know and confirm an individual candle is a Weak candle or Strong candle in any timeframe?
2. How to make sure a Candle is going to continue its trend or reverse the trend ???
3. How buying pressure or selling pressure changes the candlestick behavior and trading decision?
Thanks and regards, Sathish.A
———————
higher close candlestick = strong lower close candlestick weak
higher close or lower close means continue its trend or reverse the trend
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readers question ——————— Thank you Sir
Actually I’m wondering if HARAMI is better for trading… When I see a harami, i buy or sell at the top of bottom of mother candle. Stop loss : the other side of the candle. What about the take profit ? Just after a candle closes with profit ?
Another way to use the harami is to wait a close OUTSIDE the mother candle, then go long or short according to the color of the candle.
What would be your favorite strategy with harami ?
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