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Break pullbacks and breakout tests
Break pullbacks and breakout tests Breaks are one of the best chances that most traders look out for. But as a trader, he or she should be very careful to detect any break pullbacks. In many cases, the market usually has breakout tests before there is a real breakout. A break pullback is a movement…
I did a thorough review of my trading in retrospect then I found that
I did a thorough review of my trading in retrospect then I found that Reader’s message ——————— Dear long, I have been trading for the past five years with no tangible result.I use a combination of trend line, higher low,lower high and hammer. Hammer is the only candlestick formation I look out for whenever…
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Detecting the right candlestick signals
Detescting the right candlestick signals Detecting the right candlestick signals The signals provided by candlesticks can at times be very difficult to detect without the use of trading indicators. However, as a trader, you should always understand what various candlesticks mean so as to be able to predict what the future market trend is. To…
Target is limiting profit but stop-loss make infinity profit
Target is limiting profit but stop-loss make infinity profit Hi, Long hang Seng here Reader’s message —————— Hello Long, I think that “Hegeset” is a very powerful pattern, as I saw on your eBook on Day Trading. We can buy stop at the top, or sell stop at the bottom. The stop loss is at…