Updates from April, 2019 Toggle Comment Threads | Keyboard Shortcuts

  • Candlestick 10:14 am on April 26, 2019 Permalink | Reply  

    Candelstick Trading is now available for auto-trading at Striker Securities, Inc. 


    Candelstick Trading is now available for auto-trading at Striker Securities, Inc.

    Candelstick Trading is now available for auto-trading at Striker Securities, Inc., “Striker” a Chicago-based brokerage firm since 1991.

    Striker will trade on behalf of clients our system.
    At Striker it’s a fully automated process and Striker reports each trade on it’s website so that clients can compare their brokerage statements to their website.

    This removes the need for clients to sit in front of a computer waiting for a specific opportunity. The use of Candelstick trading helps to diversify a portfolio.

    To learn more about this system,
    Call 800.669.8838/312.987.0043 or Email us»

    Candelstick Trading is now available for auto-trading at Striker Securities, Inc.

    1.To William Gallwas
    2.ES-Edge Trading System
    3. First Name
    4.Last Name
    5.phone Number
    6.E-mail
    7.Retype E-mail
    8.Comments / Questions
    9.click “submit”


     
  • Candlestick 10:14 pm on April 3, 2019 Permalink | Reply  

    1 min timeframe candlestick trading strategy 

    here is youtube comment
    ———————

    Nice Mr.Long… I watched and learnt alot from ur videos….
    pls give a best, simple , effective and consistent strategy
    for Binary Options in 1 min timeframe…..

    ———————

    video here

     
  • Candlestick 4:10 pm on April 2, 2019 Permalink | Reply  

    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 down) of the next candle based on the previous candle or the previous candles.
    Thanks again for any clarification

    ———————

    if you want to predict next candle up or down
    you have to identify same color continuation.

    what is same colour continuation?
    its 3 bull bars or 3 bear bars.

    if 3 bear bars appears and color changed then buy
    price go up.

    if 3 bull bars appears and colour changed then sell
    price go down.

    if you fail, no problem.
    next same colour continuation cover enough small loss.

    and these days not need to predict next candlestick high or low.
    because there are not same colour continuation.

    here is video


    in this video I want to say focus on candlestick body colour to identify same colour continuation for predict next candle up or down.

     
  • Candlestick 9:34 am on March 2, 2019 Permalink | Reply  

    candlesitck color trading with bollinger band trading system 

    readers question

    Hi Long Its a long since ive heard from you hope you are well
    just checking my records and i came across the bollinger band trading system
    for some reason i could nt to to grips with it.
    could you show me any pointers so that i could try it once more.


    video here

     
  • Candlestick 10:00 pm on December 2, 2018 Permalink | Reply  

    uncertainty of the price range changing then wait 3 same colour continuation 

    question from readers

    ———————

    Thank you for the reply, the second video its a bit more clear, when we consider same color continuation.

    As i had mention i have been with difficulties to identify the price direction and decided to wait few times when comes the pattern {white,black,black,white} and {black,white,white,black} please see pictures attached. Because the uncertainty of the price range changing or if the candle loosing direction instead continuing in the trend.

    But again your second video was more clear.

    ———————

    everybody struggle with difficulties to identify the price direction.
    the key is ambush and put stop order to price moving process.

    do not predict next price action. price 100% go outside.
    here is ex.

    1.2.3.4= candlestick pattern.
    if put buy stop order to No.3 candlestick high, hit order at No.5
    next candlestick go up and few candlesticks later price came back 1.2.3.4 candlestick pattern inside. (1.2.3.4 high to low range)

    7.8.9.10= candlestick pattern.
    if put sell stop order to No.7 candlestick low, hit order at No.11
    next candlestick go up and few candlesticks later price came back 7.8.9.10 candlestick pattern inside. (7.8.9.10 high to low range)

    price action always inside or outside.
    There are 3 break out
    ・straight break out
    ・fake break out
    ・opposite break out

    No.5 = straight break out (1.2.3.4 high break and higher close)
    No.11=fake break out (7.8.9.10 low break, came back and 7.8.9.10 inside close )
    No.6 =opposite break out(1.2.3.4 low break and lower close)

    if put sell stop order to No.2 candlestick low then at No.6 hit order and price go down and profit.

    so if price go outside (higher close or lower close) specific candlestick pattern then
    put stop order to opposite side, ambush.

    so not necessary predict next candlestick color or direction in real time
    As time passes trading edge increase for stop pending order.

    one more important things
    trend = 3 same colour ( white white white or black black black)

    A = white bear candlestick
    B = black bull candlestick
    C = black bull candlestick
    D = white bear candlestick
    E = white bear candlestick

    A B= different colour
    B C= same colour
    C D = different colour

    D E = same colour
    but next candlestick black
    so no trend

    F G= different colour
    G H= same colour
    H I = different colour
    I J = different colour

    no 3 same colour around F G H I J
    this means range.
    so wait 3 same colour outside close then put stop order to specific candlestick high or low

     
  • Candlestick 10:28 am on November 30, 2018 Permalink | Reply  

    This is reserved post long hang seng on… 

    question from readers

    ———————

    As I am applying your trading principals, which works very well, sometimes I come across a pattern that i still dont understand properly, are you able to give me feed back on this pattern? I attached a word sheet for you to have a look at it.
    Truly appreciate Long, thank you.

    ———————

    1 white

    2 black

    3 white

    4 black

    5 black

    6 white

    1.2.different colour

    1.3.same colour

    4.5.same colour

    4.6.different color

    different colour =reverse or range market

    same colour =trend start or trend end

    1.2 =reverse or range market

    next bar  black 

    1.3.=trend start or trend end

    next bar white

    4.5.=trend start or trend end

    next bar black

    4.6.=reverse or range market

    next bar white

     
  • Candlestick 9:07 am on November 12, 2018 Permalink | Reply  

    2 double blocks confirmation 

    question from readers

    ———————

    Hi in the image i have 2 double blocks, A & B.
    Here I can see that B is outside and inside A’s close.
    How would i then predict if the next candle
    will be buy/sell in this scinario?

    ———————
    B’s 4th candlestick is A’s
    inside close so next candle open sell

    B’s 4th bear candlestick sell confirmation

    next candlestick open sell

     
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