Long bar strategy, very profitable - Page 119
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  1. #1
    Trader revolution's Avatar
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    Long bar strategy, very profitable

    Strategy for 5-digit accounts
    The lower the better spreads
    I share a very simple yet profitable strategy. Based on long bar we can see in graph of 1 min. Works mainly on high-impact news.

    Attachment 18457

    Before the mainsail ends and I have to open an order.
    Put 10 points for SL
    Put 40 points for TP
    Put 10 points Stop training.

    Always finalizing a positive order increase 0.01 lot
    Whenever you lose an order decrease 0.01 lore

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    :piscadela:We all can and we have the guns to be a good trader. Believing and always studying can be fundamental. We are in a forum of knowledge and hope where we are all in the same boat. Help and be helped and the dilemma of all of us.Zombeteiro

  2. #1181
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    Quote Originally Posted by Bhave4U View Post
    There are many kind of chart patterns and what is needed is you understand to use them properly and mix it with something to achieve stronger signals. Long bar is also one of the options to trade, that you can use to interpret strong selling or buying in the market. Long bar can be seen as a powerful buying or selling pressure that can be expected to continue for a while.
    That is right, when we can actually be able to use those chart properly, then we are figure out good ways of trading, however, the long bar I do know to be the pin bar as well, it is a good method of trading the market, but then again, for a trader to be good with the market and make good trading decisions, I think they need to use the longer time frame to have good long bar experience.

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  3. #1182
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    Quote Originally Posted by sniper007 View Post
    It has a lot of risks which has gotten to have crippled a lot of trading accounts. I do think that before we should decide on making use of scalping trading method, the demo account should be used so as the trader could see for themselves on how it could make them loss their money. The long bar trading is more like pin bar, however when used on the higher time frame, there could hope in making good earnings with it.
    Long bar trading strategy is specially for long term trading because it is good and more effective for trading we must have to work for better trading ideas because if we do not have knowledge about market we will fail. first of all we must have full understanding of all the time frame for successful trading and for better trade results.

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  4. #1183
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    Quote Originally Posted by letsdo View Post
    Long bar trading strategy is specially for long term trading because it is good and more effective for trading we must have to work for better trading ideas because if we do not have knowledge about market we will fail. first of all we must have full understanding of all the time frame for successful trading and for better trade results.
    yes we must need of learning no doubt but the main thing is our process of learning, some time we learn some time we give time to demo but we do not learn it fully, because a lot of people are losing still after learning, so make sure if you learn you do some best trading, if you will not do you can lose so surviving can be matter if we perform learning process in right way

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  5. #1184
    Trader sniper007's Avatar
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    Quote Originally Posted by naeem555 View Post
    yes we must need of learning no doubt but the main thing is our process of learning, some time we learn some time we give time to demo but we do not learn it fully, because a lot of people are losing still after learning, so make sure if you learn you do some best trading, if you will not do you can lose so surviving can be matter if we perform learning process in right way
    And the learning has to be in the practical aspect, that is how it gets to become effective. If the learning is all about the trader reading and no much practice, I don't think that will go all well for the trader. Long bar means also pin bar if the candlestick chart be used. On the other hand, long bar will also be good and profitable if the trader had used it on the higher time frame.

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  6. #1185
    Trader pajero's Avatar
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    Quote Originally Posted by sniper007 View Post
    And the learning has to be in the practical aspect, that is how it gets to become effective. If the learning is all about the trader reading and no much practice, I don't think that will go all well for the trader. Long bar means also pin bar if the candlestick chart be used. On the other hand, long bar will also be good and profitable if the trader had used it on the higher time frame.

    any system is good in trading, there is no bad system. The most important thing is how consistent we are in using it, how we can be disciplined in applying it, so that it can be useful and maximally deliver the results, including this long bar system

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  7. #1186
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    There are many chart patterns, if we want anyone to be easy for us we need to study and understand how to make use of it, caused the very chart patterns are are good and it's take a good experience for us to make one work easily for us, so you will need some time to study and understand the chart patterns that you have choosing to trade with very well.

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  8. #1187
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    First of all, long bar is a bar kind of signals that we can get on the bar chart, however when we switch to the candlestick chart, we can see that the bar chart is actually going to be a form of trading with the use of the pin bar, therefore it is essential that the trader gets to know how the market works and make good decisions in regards to the use of the strategy which they understand the best, so as they can become good and more profitable.

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  9. #1188
    Trader cutiekc's Avatar
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    Quote Originally Posted by Eneregha View Post
    There are many chart patterns, if we want anyone to be easy for us we need to study and understand how to make use of it, caused the very chart patterns are are good and it's take a good experience for us to make one work easily for us, so you will need some time to study and understand the chart patterns that you have choosing to trade with very well.
    I believe that we shouldn't just get to make use of so many of them, but then again, we should be the sort of trader who has been able to master just one. I use the candlestick chart , it has a lot of good benefit more than the other chart, furthermore time frame comes in handy on how the trader gets to make decisions, hence the reason why the trader should be consistent with the use of the right time frame in trading.

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  10. #1189
    Trader Azis Muslim's Avatar
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    Quote Originally Posted by cutiekc View Post
    I believe that we shouldn't just get to make use of so many of them, but then again, we should be the sort of trader who has been able to master just one. I use the candlestick chart , it has a lot of good benefit more than the other chart, furthermore time frame comes in handy on how the trader gets to make decisions, hence the reason why the trader should be consistent with the use of the right time frame in trading.
    Hopefully some other traders out there who is reading this will understand the meaning of trading with candlestick pattern because it is not everything about candlestick can be mastered easily and not all of the patterns are totally dependable. For example, a doji pattern which considered as useful by many traders is actually a neutral one which shows no signal to market. We must wait until we can see some aggressive patterns such as pin bar, shooting star, harami and engulfing.

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  11. #1190
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    We really need to decide and determine on what we will make use of in such a way that, long bar is one of the common trading strategy we have got, we can see it under the use of the candlestick strategy and then at the same time, under the use of the bar chart, but what matters is we the trader being able to take trades as we have planned and then not over trading and then not making wrong analysis.

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