Updates from August, 2019 Toggle Comment Threads | Keyboard Shortcuts

  • Candlestick 7:58 am on August 22, 2019 Permalink | Reply  

    using zigzag apart from support and resistance 


    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

    here is video

    https://youtu.be/AIf4QvST7yg

     

  • Candlestick 4:17 pm on August 20, 2019 Permalink | Reply  

    candlestick = inside or out side 

    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


    ———————
    Video here

     

     

  • Candlestick 3:21 pm on August 20, 2019 Permalink | Reply  

    if you want to trade 1minute binary option 

    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….
     
    The video which gave me the confidence is :
     
     
     
    I really learnt lots of concepts. But all are for Forex and for Daily… 
     
    Anyways Thanks for Your great effort and help….
     
    Thanks and Regards,

    ———————

    video here

     

  • Candlestick 12:26 pm on August 20, 2019 Permalink | Reply  

    Candlestick Trading FAQ 

     

    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

    here is video

     

  • Candlestick 10:34 pm on August 19, 2019 Permalink | Reply  

    Candlestick High Volatility Market Trade Method 

    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..

    ———————

    here is video

     

  • Candlestick 7:26 am on August 17, 2019 Permalink | Reply  

    higher close candlestick = strong, lower close candlestick weak 

    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

    here is video

     

     

  • Candlestick 6:52 am on August 17, 2019 Permalink | Reply  

    Harami entry Harami target 

    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 ?

    Thank you.
    Best regards,
    ———————

    here is video

     

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