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Close into Candlestick
Close into Candlestick reader’s message —————— There has been a steep bearish move then the Bulls came in, applied buying pressure to recover from the downward trend. Then followed a continuation pattern which was cut short by some bearish pressure again. Finally the market went into sleep as both the Bears and the Bulls became…
forex more profitable replace stoploss
——————————- Thank you Long, I still like harami pattern. I think that I can set a buy stop and a sell stop order at the top and bottom of the baby candle, and the stop loss to the other side. Would you advise me to close the trade when it is profitable, at the end…
Close under entry bar then move stop-loss
Close under entry bar then move stop-loss reader’s message —————— Thank you for watching candlestick trading video Hello Long, May I ask you a question ? On the picture (EUR/GBP Daily), I did enter SHORT after the big bearish candle, with the red arrow. It was a good pattern : 2 little bullish candles, and…
Very Suitable Strategy
Very Suitable Strategy reader’s message —————— Hello Long This strategy would be very suitable for me ! But as you can see on this picture, I see far more loosing trades than winning ones (red arrows = entry candles, loosing / green arrows = entry candles, winning). Of course it’s a bad period for…
Same size body trade
Same size body trade reader’s message —————— After the last big bearish candle in the downtrend, there was a big bullish candle of almost the same body size like the previous (bearish)candle. Again,the last candle was a bullish candle with comparatively smaller body size. The bulls are trying to come into the market to apply…