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price touch double block high or low then place order
price touch double block high or low then place order readers message ——————— Hello Long, Here is a chart of AUD/USD, with a double block pattern. (exclude the Sunday candle). I did set a “buy stop order”, it was triggered. The position is very near to the stop loss (where there is a “sell stop”…
if last bar close then count number of candlestick color continuation
if last bar close then count number of candlestick color continuation readers message ——————— Hi Long thankyou for your trading tips I really appreciate your knowledge how ever is it possible to give the reasoning behind your thinking for me to learn from you. for example the types of candlestick patterns you see or the…
Strong trend bars in the first hour often predict strength candlesticks
Strong trend bars in the first hour often predict strength candlesticks When the bars formed in the first hour are strong then the strength of the candlesticks formed are termed to be strong. However, for you to be able to use this theory, you will have to use a chart that is lower than the…
GBPJPY sell trade chance small volatility after price go down
GBPJPY sell trade chance small volatility after price go down It is absolutely meaningful because candlestick is more volatile The change is mostly attributable to increases voratility in the GBPJPY because price close lower than its average level in the past candlesticks That’s a problem most of traders expect to ride on trend start. but…
previous high to low close = inside close, previous high to low higher or lower close = outside close
readers message ——————— Here is another example… As you can see in this picture, There are just too many color continuation which confuse me to plot my support and resistance. I don’t even know where to consider close inside and outside. LOL Regards, ——————— video here