Color Trading Price action | Candlestick Trading | Long hang seng

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

  concept of colour changed 

  Questions From Readers

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  Hello how are you?

  I did not understand your concept of colour changed?

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  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

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  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.

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  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.

   
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  Candlestick 9:24 am on September 13, 2018 Permalink | Reply  

  when does a trend reverse and when it will continue 

  

  video here
   
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  Candlestick 10:13 am on August 18, 2018 Permalink | Reply  

  which color candle is used to buy or Which color candle is used to sell 

  here is video
   
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  Candlestick 2:17 pm on May 23, 2018 Permalink | Reply  

  Where can i find the long shadow on top of the Renko bar 

  readers message

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  Hi Long

  Thank you for the Renko bar video clip.

  Where can i find the long shadow on top of the Renko bar which indicate where to enter the trade.

  Is it a indicator or no?

  Will you please let me know regarding this or where i can get it?

  Kind Regards

  ———————

  click here

  https://youtu.be/XFSqdSIcWcs