Double Block advanced strategy
reader’s message
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Sir,
Thanks for giving me to Double Block trading strategy, It works very
nicely , sir i need more tips to learn Double Block trading strategy.
sir please give me more tips for more accuracy my trade entry.
I will be waiting your best response.
Thanks.
——————
If last double block pattern in the past double block pattern
then trend change.
this is Double Block advanced strategy
what do you think?
I will be waiting your best response.
please reply to
long.hang.seng@gmail.com
How price action trading works
Price action is the movement of a security’s price.
This action is encompassed in technical and chart pattern analysis, which attempts to find order in the sometimes seemingly random movement of price.
Swings (high and low), tests of resistance and consolidation are some examples of price action.
The candlestick and price bar are important tools for analyzing price action, since they help traders visualize price movement.
Price action traders are a form of technical trader who rely on technical analysis but do not rely on conventional indicators to point them
in the direction of a trade.
These traders rely on a combination of price movement, chart patterns, volume, and other raw market data to gouge whether or not they should make a trade.
This is seen as a “simplistic” and “minimalist” approach to trading but is not by any means easier than any other trading methodology.
It requires a sound background in understanding how markets work and the core principles within a market.
The purest form of price action trader is a “tape reader”.
Good tape readers don’t need charts, although some may glance at a chart occasionally, especially if they’re in a position.
They may look for support or resistance areas to take profits.
Price action trading is also very technical and deals with reading price history.
Most traders think they know everything there is to know about support and resistance already, but the truth is that reading price history
isn’t as easy as most people think.
There’s a lot more that goes into understanding a chart than just drawing some basic support and resistance lines.
A price action trader goes that extra step further to look for the explanation about not just what is happening now, but why it happens.
So they can make good decisions in the future.
This also enables the trader to read price history and make better analytical decisions in present and future trades.
Advanced Candlestick Trading Introduction
