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It is better to select the next Candle closes outside the range of the Candle first time
It is better to select the next Candle closes outside the range of the Candle first time Reader’s message —————— Hi Long, I hope that you are well. Thank you for your candlestick course which has made me a lot better at trading. I’m trying to get better and more consistent and eliminate error…
How do you apply your money management
How do you apply your money management readers message ——————— Hello Sir, i would like to ask you some questions about this strategy. 1) Is it possible to trade multiple timeframes simultaneously on the same pair? For example, w1, D1, H1, M30, M15? 2) How do you apply your money management? 3) On the following…
Tight channel and spike and channel bull or bear
Tight channel and spike and channel bull or bear When drawing channels on your forex chart, sometimes it is expedient to draw tight channels due of small candlesticks. The channel width is mainly determined by the length of the candlesticks under consideration. It is usually not advisable to trade during tight channels. A channel can…
Candlestick Trading Do not Trade until price close
Candlestick Trading Do not Trade until price close Here is reader’s message —————— Thank you so very much. I trade for ex and binary. What are your thoughts on binary. Await your reply —————— Of course candlestick apply for binary It is important decide to trade when price close. look close price this is…
Carry Trade come back USDJPY if you ride on carry trade trend you can make money
https://youtu.be/r4duuPTP-bg Carry Trade come backHow Currency Carry Trading WorksWhen it comes to currency trading, a carry trade is one where a trader borrows one currency (for instance the USD),using it to buy another currency (such as the JPY). While the trader pays a low interest rate on the borrowed/sold currency,they simultaneously collect higher interest rates…
Trend reversal candlesticks
Trend reversal candlesticks Trend reversal candlesticks are by definition the candlesticks that form during a trend reversal. They have no difference in length from the rest of the candlestick. The only difference is that they form in the opposite direction of the prevailing trend in the market. The trend reversal candlesticks are usually not many…