Candlestick color trading double block 2 0
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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…
Big up big down candlesticks
Big up big down candlesticks Sometimes there are big (long) candlesticks that form downwards and other form upwards. The big up and down candlesticks are in most cases caused by sudden events that happen in the market. It may be as a result of news or some other factors. These big up and big down…
Candlestick Shadow (hege) means Price Cancellation
Candlestick Shadow (hege) means Price Cancellation Reader’s message —————— Are the wicks or tails as important as the body of the candle part. —————— Yes very important. shadow (hege) means price cancellation. long shadow (hege) was temporary long body. But cancelled. at that time many order traded. and trader psychology changed. shadow (hege) means…
same color continuation inside close then avoid trade
readers message ——————— Merry X’mas to you and your family. Today I’ve attached a picture for you to see. I am a little confuse as why do the candle react this way. As my understanding of the color trading is getting better overtime but sometimes problems like this happen. I want to know whether is…
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…
identify the oversold and overbought region of price movement
identify the oversold and overbought region of price movement reader’s message ——————— Dear long, Using the candlestick trading,how do you identify the oversold and overbought region of price movement. ——————— click here swing highs are lower highs swing lows are lower lows in downtrend swing highs are higher highs swing lows are higher lows…