Best Books Must Reads
What Books Are Suggested for Beginners in FX? For Candlestick, understanding Price Action, and basically just a book that covers A-Z with FX including the multiple styles of trading, price action, swing trading vs scalpi…
What Books Are Suggested for Beginners in FX? For Candlestick, understanding Price Action, and basically just a book that covers A-Z with FX including the multiple styles of trading, price action, swing trading vs scalpi…
Hi! What has happened to last hour candlestick: GBP/USD(H1) 22/06/2023 Does it look odd to anyone else? Notice that the open of the current candlestick is sitting Last hour closed: 1.27687 New hour opened: 1.2784…
Is there any one who have Candlestick pattern book in soft please share with me i will be very greatful. Regard:
When trading triangle, wedge, etc price breakout patterns, are there certain candlestick patterns that you like to see and where? Perhaps a pattern on the bounce before a breakout, or maybe a pattern as its breaking out?…
Hello Traders, I am using TradingView for few years and I am loving it. I am looking for an indicator that automatically measures the size of candles for x period of time and give you some details such as what was the …
Hi everyone, This morning I was looking at GBP/USD (What I am focussing on). I put in a Buy order as I thought it would be a bullish turn – i got it wrong. Buy point is at the 5th candlestick from the right, sell point…
Hello, babypips school is giving this criteria for recognizing hammer: The long shadow is about two or three times of the real body. Little or no upper shadow. The real body is at the upper end of the trading range…
For Bitcoin to continue its upward movement, it needs to close the daily candlestick above the critical resistance area of $28.600 If the candle cannot close above the red zone specified in the analysis, the bearish tar…
Hi to all, I am new about forex and I am looking for a good strategy to follow...I saw on youtube that guy Jimmy Wong forex that is using a candlestick strategy without an indicator and look like that strategy is worki…
Hi everyone. I put in a Take Profit of 1.23500 on GBP/USD. In MT5, I can see a red arrow at the point the sale was made. The candlestick associated with the red sale arrow shows on this line that the high was 1.23498 ……
I'm sure this is a newbie question.. I have been trading demo accounts for a couple months, and noticed on some of the medium intraday time frames (1hour, 4hour), the price sometimes moves more dramatically in a certain …
In Metatrader 4, the chart's candlesticks are all SELLING price of the currency or BUYING price, or each candlestick shows all the information? Cuz its seems that to me all are SELLING price...if thats the case, how can …
Can I trade with candlestick patterns only??
Hello everyone! I’ve found this strategy online, and I wanted to know your opinion on the matter. How it works: Basically, you wait for the close of the 7am GMT candlestick close on the 1 hour timeframe, then you start…
A Strong Surge in NZDUSD Yesterday, the NZDUSD pair experienced a significant upward rally, successfully surpassing our anticipated target of 0.6247 and closing the daily candlestick above this level. This confirmed the…
Hello buddies, please should I draw support and resistance lines at the wick of candlestick or at the body? Where is the best to draw them?
Greetings, Can any kind soul here give a more detail explanation on the below subject? "A Swing High is a candlestick with at least two lower highs on both the left and right of itself. A Swing Low is a candlestic…
The spinning top candlestick chart pattern happens when buyers and sellers balance out, resulting in equal opening and closing price levels. This candlestick is regarded as a continuation pattern because of the very mode…
is there a way (like candlestick pattern or sequence) to know if a certain level will probably be retested or not?
This 4HR Dual Candlestick strategy is based on dual candlestick patterns in which the second candle is completely contained by the high and low of the first candle (use same Inside bar momentum strategy but with other in…
i'm trying to understand candlestick graphs, but i cant seem to understand why there are gaps. according to my understanding, the candlestick starts at the open, and ends at the close. so eg, a 5 min candlestick opens at…
Hey Guys What Is The Best Candlestick Pattern In Forex?
Hi, I'm getting ready to study the top candlestick types and combos on the one hand, and chart patterns on the other, and I'm trying to get clear on the distinctions and usages between the two. Forex statistics guru Th…
Hi there, I have just read the section on candlestick patterns and how specific patterns in specific orders can indicate a reversal. What time frame should I have my graph on i.e 1 minute, 5 minutes, 1 hour …
I'm developing an automatatic candlestick patterns recognition system and I see in many patterns the close quote of one candlestick is different from the open of the next one. I can't understand why. Doesn't a candlestic…
When its bullish does that mean I can buy? When its bearish does that mean I can sell?
I am getting fully into price actions without using any indicator. A beginner cant start with this, he/she has to learn its way around candlestick formations, patterns, shapes and so forth. So I have a market structure …
Hi, does anyone know of an EA for MT4 that recognizes candle patterns (for manual trading)? I have one, but it comes with signing up for a service, and I would like to end the subscription without losing access to a pat…
In the following images found in the school of pipsology candlestick(hammers) section I am having a hard time understanding the candlesticks… On every website and learning resource Ive seen including the live charts th…
When a candlestick has a large upper or lower wick coming out one end of its body, it represents a rejection response from the market. This rejection can be an early warning indicator to a pending reversal. Long wicked…
An ounce of action is worth a ton of theory.Friedrich Engels