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False breaks candlestick trading False breaks or breakouts are a common reason for losses. However, if a trader is careful enough, he or she can easily avoid such losses. A false break is when the market prices breaks through a support or a resistance level but the prices fails to continue with the trend beyond…
Strong trend bars in the first hour often predict strength candlesticks When the bars formed in the first hour are strong then the strength of the candlesticks formed are termed to be strong. However, for you to be able to use this theory, you will have to use a chart that is lower than the…
You can take profit with these powerful and simple strategy reader’s message —————— Hi Long, Thank you very much for the numerous videos and more importantly for the opportunity you gave me to copy your trade and make some money to pay for the ADVANCED CANDLESTICK TRADING COURSE. Unfortunately, I have not made the money…
You can make money reader’s message —————— Thank you for watching candlestick trading video Hi Long, Thank you very much for your email and offer to provide me with a COMPREHENSIVE TRAINING ON CANDLESTICK TRADING. I have spent the last 3 days exploring avenues where I can raise the required £5300 for the Comprehensive Candlestick…
The buy stop order was placed in anticipation of a break of the ceiling. The sell stop order was placed from the first bar of the range with a trio stop order. The result was that both were hit and lost before I knew it. This time I did not (buy) because there was another…
