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Strong trend bars in the first hour often predict strength candlesticks
Strong trend bars in the first hour often predict strength candlesticks When the bars formed in the first hour are strong then the strength of the candlesticks formed are termed to be strong. However, for you to be able to use this theory, you will have to use a chart that is lower than the…
Is there any secret behind candlestick formation
Questions From Readers ——————— >1. How to analyse the sentiment and psychology of a candlestick With respect to >candle Open, High, Low , Close, upper wick & Lower tail and the closing range .. >please explain sir… candlestick do not consider upper wick & Lower tail . so analyse the sentiment and psychology candlestick color…
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…
Isn’t it a little bit risky?
Isn’t it a little bit risky? reader’s message —————— Hello Long I saw your video on “Strongest strategy” : So If I see, you can take a minimum profit (like break even or 10 pips) for a large stop loss (like 100 pips), after the end of the day (never during a day) ? Isn’t…
identify last bar location This is very important for color trading method
readers message ——————— Hello , how are you sir I am trading full time, i am confused on how many trades do i trade per day? some times i trade 15 times and some times 10 times. No limit finally , i lost in any 2 to 3 trades and i loose my earned income…