Color Trading Price action | Candlestick Trading | Long hang seng

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  Candlestick 9:09 pm on November 2, 2018 Permalink | Reply  

  if double block is within previous double block then trade the same as the previous candle 

  question from readers
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  Hi i seen your video on the double block pattern. You say if double block is within previous candle, then trade the same as the previous candle. Although in the above image we have double bock within previous green handle, however here it continued as red. am i missing anything?

  

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  if double block is within previous double block then trade the same as the previous
  candle

  

  a.previous double block

  b.double block is within previous double block (inside close)

  c. previous candle = bull candlestick
  so buy

   

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  Candlestick 9:15 am on October 26, 2018 Permalink | Reply  

  Regarding multiple pattern 

  Questions From Readers

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  Thanks alot… But what does “a.b.c.d pattern” mean?

  if any pattern occurs we should see , from the left , whether the pattern is inside or outside
  of previous pattern.

  for example, if double block appears, we should check whether it is inside of another double block or color continuation.
  Then we have to place buy stop or sell stop, with respect to enclosed pattern high or low from right to left after candle closed lower or higher.

  am I right?

  

  Yes right.

  a.b.c =bull candlesticks uptrend

  d= bear candlestick colour changed. this means uptrend ends here

  so a.b.c.d means uptrend end

   
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  Candlestick 2:46 pm on October 25, 2018 Permalink | Reply  

  How to trade if multiple patterns appear? 

  Questions From Readers

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  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)

  

   
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  Candlestick 10:00 am on October 21, 2018 Permalink | Reply  

  concept of colour changed 

  Questions From Readers

  ———————

  Hello how are you?

  I did not understand your concept of colour changed?

  ———————

  same colour continuation = trend
  colour changed = trend end
  same colour continuation consist of 3 bull candlesticks or 3 bear candlesticks

  

  (1).(2).(3)
  all of them bull candlesticks(same colour)
  each close price higher than each open price

  (4)bear candlestick
  close price lower than open price

  so colour changed= bull candlestick to bear candlestick or bear candlestick to bull candlestick

   
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  Candlestick 10:06 am on October 20, 2018 Permalink | Reply  

  clarification about Engulfing Pattern 

  Questions From Readers

  ---

  

  In another video (Image numbered 2), you say “Engulfing and Buy Entry”.

  

  Questions:
  1. Which type of Engulfing we have to go for BUY or SELL.

  2. Same color Engulfing is also considered as Engulfing(White engulfs by White and Black engulfs by Black).

  3. Difference between Body Engulfing and High to Low Complete Engulfing and which is more potential.

  ———————

  1.here are some engulfing candlestick pattern

  ・high to low candlestick engulfing
  ・body engulfing
  ・different colour engulfing
  ・same colour engulfing

  buy
  high to low candlestick engulfing +same colour engulfing

  sell
  high to low candlestick engulfing +same colour engulfing

  

  (a) white candlestick engulf previous (b)high to low

  (a)and (b) are same colour

  high to low candlestick engulfing +same colour engulfing

  so sell

  2.Same color Engulfing is also considered as Engulfing

  3.High to Low Complete Engulfing  more potential

   
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  Candlestick 6:57 am on October 19, 2018 Permalink | Reply  

  This is reserved post long hang seng on vacation… 

  Questions From Readers

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  Thanks for your reply… Double Block free and free advanced version both are working nicely in lower timeframe…. Thanks a lot sir….

  In one of your videos you have mentioned “Double Block With Same Color pattern”… But I couldn’t get the pattern…
  kindly send a me a picture of that pattern with buy stop and sell stop order placement….

  Thanks in advance.

  

  ———————

  

  1.bull candlestick

  2.bull candlestick

  3.bear candlestick

  4.bear candlestick

  5.bear candlestick

  1.2.3.4=double block

  3.4.5 all of them bear candlestick

  same color continuation consists of 3 bear candlesticks or 3 bull candlesticks.

  in this case 3 bear candlesticks

  so 1.2.3.4.5=double block + same color continuation.

   
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  Candlestick 9:02 pm on October 18, 2018 Permalink | Reply  

  Is there any secret behind candlestick formation 

  Questions From Readers

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  >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 continuation.
  if close price higher than open price candlestick charts draw bull candlestick.
  if 2 bull candlestick appears that psychology means strong.

  if close price lower open price candlestick charts draw bear candlestick.
  if 2 bear candlestick appears that psychology means weak.
  so we have to watch bull candlestick continuation.
  same candlestick color continuation.

  >2. Is there any secret behind candlestick formation: pls have a look at the attachment >image… in Forex every candle opens at close price (except some)…
  >whats the significance?

  >and difference in both scenarios along with the body size and wicks and tails…. how >to understand the price behaviour…

  

  There is no difference Scenario 1 & 2 both of them same logic.

  Scenario 1
  3 = 1 to 2 lower close(outside close)
  4= 2 to 3 inside close

  Scenario 2
  3 = 1 to 2 upper close(outside close)
  4= 2 to 3 inside close

  significant things inside or outside.