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Is there any way to predict the direction (up or down) of the next candle based on the previous candle or the previous candles.
readers question ——————— Dear Long Hang Seng,Thank you very much for all of your efforts and for the videos that you are positing on your YouTube channel. I had learned a lot from your tips and tricks. I would highly apprecitae if you kindly answer my question:Is there any way to predict the direction (up or…
Breaks false high and lows candlestick trading
Breaks false high and lows candlestick trading During candlestick formation, the candlesticks tends to form some highs and lows. These can be daily, monthly or yearly highs and lows. The highs are the highest market price levels that the candlesticks formation have ever reached within a given period of time like a day, month or…
CONGRATULATIONS !
CONGRATULATIONS ! reader’s message —————— Help Long, First, I would like to know what course this man is talking about. A £5300 course ? I’ve just bought your course “http://candlestick- trading.com/blog/ancient/”, but it was same links that your ebooks on Amazon. Do you still trade the same way ? For the scalping strategy, as the…
Time to tradecandlestick trading
Time to trade candlestick trading There is nothing as easy as candlestick trading. Candlestick charts are easy to interpret; making it easy even for the forex beginners to trade using them. In the candlestick chart, the trader is at liberty to customize the chart whenever he or she feels the need to do so. The…
Tight channel and spike and channel bull or bear
Tight channel and spike and channel bull or bear When drawing channels on your forex chart, sometimes it is expedient to draw tight channels due of small candlesticks. The channel width is mainly determined by the length of the candlesticks under consideration. It is usually not advisable to trade during tight channels. A channel can…
which part of the previous candle is important the Open or close
which part of the previous candle is important the Open or close readers message ——————— Hello sir How are you Thanks for your Help sir When does price action changes if the price closes Above or Below the Previous Open price or If the price closes Above or Below the Previous Close price which part…