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  • Candlestick 12:06 am on June 30, 2015 Permalink | Reply
    Tags: candlesticks charts, Gaps, window   

    Candlestick Window Gaps Close Trade 

    Candlestick Window Gaps Close Trade

    There is window between #1 and #2

    candlestick window gaps close trading

    (window mean price gaps)

    current window open

    but window close in the future
    #1 candlestick high buy
    target: #2 candlestick low
    This is best trade
    ——————

    last bar down again and close under #1 low
    after price up and break #1 high then buy
    target: #2 candlestick low
    ——————

    here is

    candlestick window gaps close trade video

    https://youtu.be/ISt_OBx1IkY

    Fibonacci retracement in price action method
    Price action method uses the basic trading method of observing price movement.
    Before the introduction of indicators, traders use their intuition and price movement to decide their trading moves.
    Price action allows the traders to practice the basic techniques of the market to rule it.
    It is often seen that the market repeats the previous results in some points.
    Price action traders observe the market and note these results to use them when in future the market repeats it.
    Fibonacci retracement is often used by price action traders.
    In Forex Fibonacci numbers are used to calculate targets and entry points.
    The first two numbers in the Fibonacci sequence are 1 and 1, or 0 and 1, depending on the chosen starting point of the sequence.
    Retracement is loss of momentum or a correction in trend environment.
    It is not a reversal.
    These are useful for predicting market continuation.
    They use a relationship between numbers that was discovered a few centuries ago to predict the most likely places price is likely to retrace,
    and then continue its trend.
    The price repeats itself in the market and often seen to repeat the results too.
    This helps the traders to adjust their investment according to the previous results.
    With price action trading, all traders need is a single chart, a simple moving average and a few trend lines.
    Anything more than this and you will only make trading more difficult.
    Using this type of trading method as your main trading tool will clean up traders’ charts and remove the clutter that normally creates confusion and
    indecision for traders.
    Basing on trades on price action aids traders in finding reliable reasons to enter a trade, while also giving them clear and precise trading information.
    Though there is no holy grail in the market, many price action traders confirm price action as a holy grail.

     

    https://youtu.be/G-A0GTrgwSs

    True way to read Candlestick Trading Basic

    Candlestick Window Gaps Close TradeCandlestick Window Gaps Close Trade

     
    • Candlestick 7:00 am on April 22, 2015 Permalink | Reply
      Tags: candlesticks charts, If you want to trade with 5minutes candlestick charts...   

      If you want to trade with 5 minutes Candlestick Charts… 

      If you want to trade with 5 minutes Candlestick Charts…

      Question

      ——————

      Dear Sir,

      I have seen the video thank you very much for your co operation

      If possible can you give me any strong strategies for 5 minute chart

      ——————

      2bars strategy

      Video click here
      https://youtu.be/hSRTodsv_NY
      If you want to trade with 5 minutes Candlestick Charts...

      Do you want to learn more candlestick trading strategy? Click here

      Importance of Entry and Exit in Price Action Trading

      Price action traders use the price movements of the market to define the safe exit and entry point.
      For any trader, safe entry and exit is the basic rule of trading.
      Otherwise, traders may face a loss and risk their investments.
      Price action traders use the setups of various points to decide the best entry and exit points in the market.
      The price action traders use setups to determine entries and exits for positions.
      Each setup has its optimal entry point and exit points.
      Some traders also use price action signals to exit, simply entering at one setup.
      They exit the whole position on the appearance of a negative setup.
      The trader might simply exit instead at a profit target of a specific cash amount or at a predetermined level of loss.
      This style of exit is often based on the previous support and resistance levels of the chart.
      A more experienced trader will have their own well-defined entry and exit criteria, built from experience.
      After entering the trade, the trader needs to place a protective stop order to close the position with minimal loss if the trade goes wrong.
      The protective stop order will also serve to prevent losses in the event of a disastrously timed internet connection loss for online traders.
      Though there is no Holy Grail in the trade market, price action trading often helps the traders to get the best entry and exit points.
      The accuracy of the price action trading is more than other indicators of the market.
      The main difference between the other technical analysis tools and price action trading is that price action trading doesn’t use any indicator.
      The basic rule of price action trading is using the method of market repeating to certain points regularly.

      https://youtu.be/-U5torSeAiM

      Forex Target Stop-Loss

       
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