What is candlestick strategy? - Page 255
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Thread: What is candlestick strategy?

  1. #1
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    What is candlestick strategy?

    I have saw candlestick pattern charts in mt4 but i can not get to have a best strategy on them to trade, please someone indicate me a strategy to use over candlestick charts.

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    Trader pajero's Avatar
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    Quote Originally Posted by zha5454 View Post
    A candlestick trading strategy is that in which we are use only candlestick types of its patterns in trading. If you are trade with follow the pin bar trading strategy then you are basically work with a candlestick trading strategy or you are follow head and shoulder pattern which is also a candle stick patterns trading strategy.
    we have to understand it not only memorize the form, because if we already understand the meaning of the form of a candlestick,
    it will be easier for ourselves when we have to read the price movements in each time frame, of course the shape of the candle in each time frame can vary
    so we must be able to draw conclusions about what happened.

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  3. #2542
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    Quote Originally Posted by pajero View Post
    we have to understand it not only memorize the form, because if we already understand the meaning of the form of a candlestick,
    it will be easier for ourselves when we have to read the price movements in each time frame, of course the shape of the candle in each time frame can vary
    so we must be able to draw conclusions about what happened.
    there is nothing easier if we are using candlestick pattern still its not easy way, we can not earn well if we do not have proper learning, so before doing earning here make sure you learn first, for this properly use demo account properly give it time and attention, candlestick pattern is best if we know some strong pattern and know how to use them, some time we do not know them how to use and lose in this thought

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  4. #2543
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    To get the success from the candlestick patterns is the good way for taking good profits rates so we have to take the better strategies like the candlestick patterns which very good for analyze the market in the proper manners and also highly helpful to get the better way for approving success consistently .

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  5. #2544
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    Quote Originally Posted by naeem555 View Post
    there is nothing easier if we are using candlestick pattern still its not easy way, we can not earn well if we do not have proper learning, so before doing earning here make sure you learn first, for this properly use demo account properly give it time and attention, candlestick pattern is best if we know some strong pattern and know how to use them, some time we do not know them how to use and lose in this thought
    Candle stick patterns give us strong means to understand the market behavior, further we have to recognize those patterns that we can specifically work with well. These makes the candles most preferable means of trading and further we have to keep patience and not trade when we dont see any proper set up on our charts that can show us trending movement or breakout. Many patterns form and the main issue is how we utilize these things in our trading. No need to learn each and every chart pattern, you can go ahead by mastering few of them.

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  6. #2545
    Trader ola4real's Avatar
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    Quote Originally Posted by naeem555 View Post
    there is nothing easier if we are using candlestick pattern still its not easy way, we can not earn well if we do not have proper learning, so before doing earning here make sure you learn first, for this properly use demo account properly give it time and attention, candlestick pattern is best if we know some strong pattern and know how to use them, some time we do not know them how to use and lose in this thought
    I do not agree with you, the use of the candlestick strategy is very easy, this is the way to trade forex field in the method who will let traders get to trade the forex field correctly. If traders are looking for the easiest way to trade forex field, there is no easier way than the way of the trading of the candlesticks, it is the most easy way in whom the forex traders will get to be successful with.

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  7. #2546
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    There are numerous strategy but one of it is the candle stick method. Its simple analysing the market base on candle formation and recognition of this numerous partterns can enhace good trading system. For example Pin bar, doji, aramie, harmner head, engulfing, double bottom and top even tripple bottom as well, al these are candle formation that can be both trigger and signal for entry.

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  8. #2547
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    Forex is a business that has to do with better understanding with the market that will tell if one can earn from the market. We need to make time to understand the strategy we want to trade candle pattern is a very good trading strategy but we need to know we don't just trade candle pattern because not all candle pattern is safe to be trade we need to understand how to pick them.

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  9. #2548
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    Its simple that as we get knowledge and learning we do our best to understand this market and we develop own trade plan very easily with them , so it is helpful for all the trader we do our best and we have learning properly for the reason that we do our work here is safely with less stress and with maximum opportunities .

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  10. #2549
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    Quote Originally Posted by tejaravi View Post
    Its simple that as we get knowledge and learning we do our best to understand this market and we develop own trade plan very easily with them , so it is helpful for all the trader we do our best and we have learning properly for the reason that we do our work here is safely with less stress and with maximum opportunities .
    Depending on what strategies and which knowledge you can relate to simple things because none of them that's working well in this business. Forex trading, along with its strategies and tools requires further learning and practice before we can master anything. Even with candlestick patterns, many traders called it as a simple strategy because they've mastered it after years of practicing. To beginners, we can't tell them it's a simple strategy because there are nothing simple for someone who's new.

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  11. #2550
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    Candlestick strategy is one the good and profitable strategy but trader must have good knowledge and trading skills.Forex trading is not easy trader has to do hard work for getting success.Demo accounts are very helpful for trader for the purpose of knowledge and testing a strategy.Many traders prefer to use the candlestick strategy because by using the candlestick strategy trader can easily analyze the trend.

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