Candlestick Strategy - Page 43
Page 43 of 51 FirstFirst ... 33394041424344454647 ... LastLast
Results 421 to 430 of 507

Thread: Candlestick Strategy

  1. #1
    Registered user
    Join Date
    May 2018
    Posts
    510
    Promo (¢)
    780
    Thumbs Up
    Received: 2
    Given: 4

    Candlestick Strategy

    Introduction
    Hy fellow traders i am new here and also new to forex trading,i was making research on the best and easy strategy to use for trading so candlestick was one of the strategies introduced to me.so currently i am using it to trade on a demo account,how long i will test on demo account is not yet known to me but if its profitable i will start trading with my bonus from next month.

    Signals
    buy when a kangaroo tail is spotted at a strong support on daily time frame
    sell when a kangaroo tail is spotted on a strong resistance on daily time frame
    buy when an engulfing candle bar is spotted at a strong support on daily time frame
    sell when an engulfing candle bar is spotted on a strong resistance on daily time frame

    Risk To reward ratio 1:2

    Evidence Of Profitability By Past Data
    we can clearly see a kangaroo tail as a retest to the previous support that now turned into a resistance


    we can also see an engulfing candle bar on resistance


    let us all see if this strategy is truly profitable.

    Not allowed!

  2. #421
    Registered user Goldenstein's Avatar
    Join Date
    Oct 2017
    Posts
    1,140
    Promo (¢)
    150
    Thumbs Up
    Received: 2
    Given: 1
    patterns in candlestick strategy are various depending on how big or small traders want to make their profits from a single trade. for those who wants to make big pips from candlestick patterns, then they must able to find reversal or continuation patterns through high time frames so they can make a better accuracy trading. we will be picking up some other accurate patterns for a while during our analysis and we can select which one that really confirms the movements.

    Not allowed!

  3. #422
    Rookie
    Join Date
    Mar 2018
    Posts
    2,060
    Promo (¢)
    1,360
    Thumbs Up
    Received: 21
    Given: 14
    Candlestick chart patterns are best way of trading and they are give us daily basis good opportunities which are helpful for us to earn money. You are share many candlestick chart patterns that are helpful for us to determine the market trend and give us the best idea about the market trend and help us to make money from this business to use them in trading.

    Not allowed!

  4. #423
    Registered user Sixteen's Avatar
    Join Date
    Sep 2015
    Posts
    12,067
    Promo (¢)
    2,700
    Thumbs Up
    Received: 140
    Given: 68
    Before you trade the candlesticks pattern, you need to understand them. There is no two ways about it and don't expect that blind or lucky trade is possible in forex. We can do better if we learn about different types of candlesticks and what is likely to happen when they form. It will sure help us follow the right price action trading an increase our chance to make more profitable trading that we need. This candlesticks method can work wonders and it have always been one of the best way to trade forex with the possibilities of earning good pips.

    Not allowed!

  5. #424
    Registered user
    Join Date
    Apr 2018
    Posts
    1,190
    Promo (¢)
    1,770
    Thumbs Up
    Received: 5
    Given: 4
    Quote Originally Posted by edy View Post
    Candlestick chart patterns are best way of trading and they are give us daily basis good opportunities which are helpful for us to earn money. You are share many candlestick chart patterns that are helpful for us to determine the market trend and give us the best idea about the market trend and help us to make money from this business to use them in trading.
    I know that candlestick chart pattern strategy always determine the market trend if we can understand it then we can easily develop any type of chart pattern and other any strategy for trading. Technical trading method are good decision for trader to analysis the market because in this way in our mind build many ideas to start our trade in market short term and long term high accuracy method.

    Not allowed!

  6. #425
    Registered user
    Join Date
    Mar 2017
    Location
    Biafra
    Posts
    11,497
    Promo (¢)
    3,540
    Thumbs Up
    Received: 58
    Given: 20
    With the candlesticks method there is possible chance to build a strong system that would give us so much time to earn good in this trade. A candlesticks strategy is important and its likely to give us the possible chance to understand how to make a strong trade in forex. These patterns have it's own market representation and its one which would give us the possible chance to deal with loss and see we can follow that which would give us better opportunity to earn at the right time.

    Not allowed!

  7. #426
    Low Cost
    Join Date
    Oct 2017
    Posts
    2,685
    Promo (¢)
    -105
    Thumbs Up
    Received: 10
    Given: 16
    Quote Originally Posted by Tonycee View Post
    With the candlesticks method there is possible chance to build a strong system that would give us so much time to earn good in this trade. A candlesticks strategy is important and its likely to give us the possible chance to understand how to make a strong trade in forex. These patterns have it's own market representation and its one which would give us the possible chance to deal with loss and see we can follow that which would give us better opportunity to earn at the right time.
    With the candlestick trading strategy we can easily identify the market price action movement well for build strong strategy. Build trading system are good decision for trader but you have need to follow the market higher time frame to identify the market real trend direction movement well to start our trade everyday on forex market.

    Not allowed!

  8. #427
    Registered user Yayami's Avatar
    Join Date
    May 2016
    Posts
    2,231
    Promo (¢)
    675
    Thumbs Up
    Received: 36
    Given: 25
    Quote Originally Posted by isaac View Post
    With the candlestick trading strategy we can easily identify the market price action movement well for build strong strategy. Build trading system are good decision for trader but you have need to follow the market higher time frame to identify the market real trend direction movement well to start our trade everyday on forex market.
    put away the word of "easy" because there's no easy ways to trade in this business. making money from market is a tough challenge to do everyday, that's why we focus on market to create our own planning, then decide what to do and when to trade. candlestick strategy uses its patterns in high time frame to give us the ideas about market future movement with probabilities. nothing will happen for sure and this makes this business ain't easy to do.

    Not allowed!

  9. #428
    Registered user
    Join Date
    Oct 2014
    Posts
    329
    Promo (¢)
    5,135
    Thumbs Up
    Received: 1
    Given: 0
    Quote Originally Posted by galadiator View Post
    Candlestick pattern are very best not only support and resistance level these are also too much effective on trend and sideways market , we find the market trend with shapes like double bottom and double top , long bar candle , doji and pin bar mean there are very strong level which we use to make our trade highly successful .
    Candlestick strategy is one the best and profitable strategy for trading but trader must have good knowledge and trading skills then he would able to trade easily 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.

    Not allowed!

  10. #429
    Registered user
    Join Date
    Oct 2018
    Posts
    1,944
    Promo (¢)
    4,230
    Thumbs Up
    Received: 2
    Given: 1
    It is a best option for trader to survive in this market if we are following the candlestick pattern so it will be the best way to make our plan , there are lot of pattern we have used to make our trade better and it will help us to survive in market easily we all have to focus on the right system of candlestick to make better trade ideas .

    Not allowed!

  11. #430
    Registered user
    Join Date
    Nov 2018
    Posts
    495
    Promo (¢)
    1,425
    Thumbs Up
    Received: 1
    Given: 0
    Quote Originally Posted by Sahir View Post
    Candlestick strategy is one the best and profitable strategy for trading but trader must have good knowledge and trading skills then he would able to trade easily 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.
    Understand market real trend direction well the power of chart pattern trading method are very simple for trader. He can only need to concentrate on market movement for long time and use our experience to understand it trend and all side breakout point well with the help of these both candles movement well then trader have earn good money in it.

    Not allowed!

Page 43 of 51 FirstFirst ... 33394041424344454647 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •