i want know how you trade now if its possible for more understand this strategy
readers message
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thank you, i follow you long time ago but, in same video you use sell/buy order and same video you wait close candelsticks,
then, i want know how you trade now if its possible for more understand this strategy.
thank you so much.
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trading strategy not changed
wait close price reason why
candlestick tails and body to remove illiquid prices.
and avoid range market
click here
Horizontal lines swing point and other key price levels about candlestick
For experienced Forex traders, they know that the market prices just don稚 move in one direction continuously over a long period of time.
The market prices will move in a specific direction over a given duration of time and then move
in the opposite direction for a given duration of time before reversing to the previous direction.
This cycle goes on and on and on.
The points or instances, at which the market price trend changes the direction of the previous trend direction are commonly referred to as swing points.
The trader should identify previous swing points and draw horizontal lines through them; especially those that happened most recently.
It is surprising to note that sometimes the market swings take place at the same market price over a given span of time before moving on with a definite trend.
If this is the case, then the trader should seize the opportunity and place an order when the next swing takes place.
