Tagged: I want to know Toggle Comment Threads | Keyboard Shortcuts

  • Candlestick 1:46 am on March 12, 2016 Permalink | Reply
    Tags: candlestick formationen pdf, I want to know, in taking trading decision do you focus only on a particular timeframe   

    I want to know, in taking trading decision do you focus only on a particular timeframe 

    I want to know,in taking trading decision do you focus only on a particular timeframe

     

    reader’s message
    ———————

    Dear long,
    I want to know,in taking trading decision do you focus only on a particular timeframe eg 4 hours,or do you also check other timeframes like 1 hour,30 minutes etc before taking a decision.

    ———————

    Before taking a decision daily time frame

    I check only daily time frame

    because daily time frame include short time frame

    1 hour,30 minutes etc price action

    click here

    https://youtu.be/lwrrmXuI8CQ

    Some Complex Patterns of Candlesticks

    Candlestick patterns can predict possible market variation.

    There are two types of candlestick patterns- simple patterns and complex patterns.

    Complex patterns are made of more than one candle.

    Here are some complex patterns traders need to know about.

    Evening-star

    Evening Star consists of a large white body candlestick that is followed by a small body candlestick that gaps above the previous.

    The second candle can be of any color.

    The third is a black body candlestick that closes well within the large white body.

    It is considered as a reversal signal when it appears at top level.
    Falling-window

    Falling Window is a window that is created when the high of the second candlestick is below the low of the preceding candlestick.

    It is considered that the window should be filled with a probable resistance.

    Morning-doji-star

    Morning Doji Star consists of a large black body candlestick followed by a Doji that occurred below the preceding candlestick.

    On the following day, a third white body candlestick is formed that closed well into the black body candlestick..

    It is considered as a major reversal signal that is more bullish than the regular morning star pattern because of the existence of the Doji.

    Morning-star

    Morning Star consists of a large black body candlestick followed by a small body that occurred below the large black body candlestick.

    On the following day, a third white body candlestick is formed that closed well into the black body candlestick.

    It is considered as a major reversal signal when it appears at bottom.

    On-neckline

    On Neckline consists of a black candlestick followed by a small body white candlestick with its close near the low of the preceding black candlestick.

    It is considered as a bearish pattern when the low of the white candlestick is penetrated.

    The complex patterns are often more accurate signs of any condition than the simple ones.

    https://youtu.be/XhdVeOZlMGw

    Very Suitable Strategy

     
    • Candlestick 1:04 am on March 10, 2016 Permalink | Reply
      Tags: do you correlate timeframes in your trading strategy, I want to know, lord candlestick 烛台   

      I want to know, do you Correlate timeframes in your Trading Strategy 

      I want to know, do you Correlate timeframes in your Trading Strategy

       

      Reader’s message

      ———————

      Dear long,

      I want to know,do you correlate timeframes in your Trading Strategy?

      ———————

      Click here

      https://youtu.be/-ZdUg_AnMvI

      Candlestick Charts – Your Ultimate Analysis Tool

      Technical analysis provides traders with tools to assist them in realizing the goal of trading.

      As technical analysts, it is trader’s goal to form a view regarding whether a particular share is going up, going down, or moving in a sideways band.

      Even though there are only three directions in which a share can move, it is sometimes a tricky task to see exactly what a share is doing.

      When first looking at a chart, get to the grass roots level and have a good look at a share’s price action.

      You can use a bar chart, a line chart or a candlestick chart.

      The markets are made up of people’s emotions towards shares.

      If they predominantly feel fear that they will lose their capital or profits, then the share price will ultimately decrease.

      If the participants mainly feel greed or hope, the share price will go up.

      A chart will show this interplay of emotion in a graphic format.

      The individual building block of a bar chart is a single bar.

      Drawing a single bar requires an opening price, a high, a low and a closing price.

      The vertical line shows the high and low of that period.

      In many traders’ views, using a candlestick chart is clearly superior to using a bar chart or a line chart.

      It may take a bit of effort to learn how to interpret these types of charts, but it will give you an edge over other traders in the market.

      The predictions expert candlestick analysts give are better than bar chart predictions and can get a very good tool for any enter or exit in the trade.

      The reversal patterns help the traders to understand the market trend before any trend change happen.

      That’s why candlestick patterns are becoming popular to the traders with time.http://www.candlestick-trading.com/sell-entry-strategy/

      https://youtu.be/iSNOFRZR-TY

      If open bar is near previous bar low then sell Entry Strategy

       
      c
      Compose new post
      j
      Next post/Next comment
      k
      Previous post/Previous comment
      r
      Reply
      e
      Edit
      o
      Show/Hide comments
      t
      Go to top
      l
      Go to login
      h
      Show/Hide help
      shift + esc
      Cancel