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  • Candlestick 10:12 pm on January 4, 2021 Permalink | Reply
    Tags: IGL, NSE, stock trading   

    NSE IGL candlestick charts first target 540 

     

    readers question
    ——————

    From india iam big fan of your candlestic trading method

    Below send picture how can i trade price is soo messi

    Candles are closing inside also outside mixing please guide me sir

    Regards

    ——————

    IGL long term up trend
    first target 540

    here is video

     

     
    • Candlestick 8:00 pm on October 10, 2016 Permalink | Reply
      Tags: Resistance exit candlestick trading, stock trading   

      Resistance exit candlestick trading 

      Resistance exit candlestick trading

      If a trader has any open trade in the market and the candlesticks formation nears the resistance level,

      the trader should exit the market. This is mainly because the market prices may choose to reverse upon hitting the resistance level.

      To minimize the risk, the trader should close such an order at some pips away from the resistance level

      since it is not a must for the candlesticks to reach or touch the resistance level; a reversal may occur way before.

      But instead of closing your order (in this case it is a buy order) manually, it would be wise to use take profit and stop loss levels.

      The stop loss should be about ten to fifteen pips below the support level while the take profit should be somewhere

      at the center of the range between the support and resistance levels.

      https://youtu.be/dWgpExkgOPQ

      News report exit candlestick trading

       
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