reader’s question
———————
Hi Long,
Have you tested the win rate of this strategy, and was it high? I’m assuming this strategy is only profitable with large share size?
Thanks again, have a good day!
———————
Similar Posts
Tight channel and spike and channel bull or bear
Tight channel and spike and channel bull or bear When drawing channels on your forex chart, sometimes it is expedient to draw tight channels due of small candlesticks. The channel width is mainly determined by the length of the candlesticks under consideration. It is usually not advisable to trade during tight channels. A channel can…
How to trade if multiple patterns appear?
Questions From Readers ——————— Kindly clarify how to trade if multiple patterns appear as in the attached screenshot? ——————— a.b.c. all of them bull candlesticks d.bear candlestick colour changed white to black (bull candlestick to bear candlestick) and up trend end 1.2.3.4 all of them a to d inside close so priority a.b.c.d pattern (sell)
Better life financially Candlestick Trading
Better life financially Candlestick Trading Reader’s message —————— Hello Long, Thanks for your reply. I recently took a trading seminar & these experts stress supply & demand levels…direction of trend…curve analysis…& always use a stop loss. It seams very tedious, but as they say the correct way to trade. Is the Candlesticks theory you apply…
Ambush Orders with High Win Rates
Ambush Orders with High Win Rates https://youtu.be/35VUFDiPMkk Thank you for watching video. This is the daily chart of EURJPY. Here is today’s price action. It is a bull. The point is that the distance to the low is short. There is only a short distance to the low after the candlestick has formed. This is…