Updates from October, 2020 Toggle Comment Threads | Keyboard Shortcuts

  • Candlestick 2:09 pm on October 30, 2020 Permalink | Reply
    Tags: candlestick shadow, tail, wick   

    How to read candlestick shadow wick 

    reders question


    Good Day Mr. Long,

    In this attached video you show about future price action, and you also talk about shadow.

    I like your method about body harami, and it is working well with me.

    The question is about the shadow (wick), i know about outside close, inside close, and range, but i do see something that i still cannot figure it out.

    Do you ever trade based on wick? Like you do with the body Harami?

    The wick i see place an important role in trading, and i know many traders that trade the ‘wick.’

    Based on your experience what do you consider the wick… how do you read it, rejection of price, sellers stepping in, buyers stepping in, or lots of orders being filled.

    Do you ever use the wick/shadow to place a trade.

    Thank you so much,

    video here

    • Candlestick 11:16 am on October 2, 2020 Permalink | Reply

      harami candlestick charts trading put buy stop or sell stop order to harami close price 

      readers question


      Dear Sir

      How are you ?
      I would like to know, according to you, what is the best choice for trading harami, or if the 2 are good choices : 
      – choice 1 : wait to break the harami of one side
      – choice 2 : be in the range of a previous harami, and buy and sell stop
      see attached pictures.
      Thank you very much.
      video here
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