CFD US Nas 100 Candlestick
Doji price action trading CFD US Nas 100 Candlestick.
The doji is popular candlestick pattern trading price opens and goes nowhere throughout the day and closes right at or near the opening price.
It represents indecision and causes traders to question the current trend.
This can often trigger reversals in the opposite direction.
Do not trade this timing
Because doji is future trade timing
You can trade with doji at the future timing sell or buy
CFD US Nas 100 Candlestick
Basics of Candlestick for Price Action Traders
Price action trading is based on the price movements in the market.
Price action traders use candlestick charts for trading decisions.
Before using candlestick charts for trading, traders need to know the basics of the chart and the candlestick movements.
The smallest move any market makes is one tick.
If a market moves up one tick, it is because there are not enough sellers at the current price to fill all of the buy orders.
The market has to go higher to find more sellers.
If it falls one tick, it means there are not enough buyers at that price.
Day traders don’t have the ability to spend time thinking about anything other than whether the market will go up far enough to make a
profit if they buy, or fall far enough to make a profit if they short.
In every major market, no trade can take place unless there is at least one institution willing to take the buy side and another sell side.
Institutions dominate all major markets; individual traders are simply not big enough to have any effect.
Although a trader might believe his order moved the market, the belief is almost always deluded.
The market moved only because one or more bearish institutions and one or more bullish institutions wanted it to make the move.
Even though time and sales might show your order was the only one filled at that price.
The math is too perfect and the speed is often too fast for anything else to be true.
If traders spend a lot of time studying the market, they can see a reason for every tick that takes place.
Price action traders need to observe the market trends and patterns before making a move.
