Simple Trade by the Candlestick - Page 129
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Thread: Simple Trade by the Candlestick

  1. #1
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    Smile Simple Trade by the Candlestick

    To the point...

    How to trade by the Candlestick

    * The Rule :

    1. If the candle chart before as Bullish Continuation , so the next candle will become Candle Bullish.

    2. If the candle chart before as Bearish Continuation , so the next candle will become Candle Bearish.

    3. If the candle chart before as Bullish Reversal, so the next candle will become Candle Bearish

    4. If the candle chart before as Bearish Reversal, so the next candle will become Candle Bullish.

    * Another hand, we can also trade by using some of formation candle

    1. Hammer (for Reversal)

    2. Hang Man (for Reversal)

    3. Engulfing Bearish and Bullish

    4. Dark Cloud Cover

    5. Piercing

    6. Evening Star and Morning Star

    7. Shooting Star

    8. Inverted Hammer

    9. Harami

    10 Marubozu

    11. High Wave and Spinning Top

    12. Three black Crows

    13. Three White Soldiers

    14. Tweezers

    15. Doji.

    if we can know well about Candlestick, we know where the market will go....

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  2. #1281
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    The candle stick pattern listed are so much important and profitable. However not all of them will be that profitable because traders needs to know that some of the candles are actually going to cause some traders to loss their money. You can not become profitable in the business without knowing the weakness and strength of the trading strategy you want to make use of.

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