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Candlestick Analysis

Volume + spread (reference)Which of the two examples shows more buy activity? You can see the increase in volume and the demand wicks. Look for increases in volume with wick expansion at support/fib and EMA. Think of technical analysis broken down into manageable pieces. - Trend analysis Direction, trend condition, relationship to at least 1-2 time frames above. Elliot wave is one area but there are others. - range analysis Accumulation, re-accumulation, distribution, re-distribution. Patten analysis. Richard Wyckoff and Tom Williams are two of the original masters of supply and demand trading. - candle analysis VSA, Price action. Range and candle analysis on teh 5 or 15 minute. Candle and range analysis useful for pinpointing entry (no-supply/no-demand). Sources of education: Richard Wyckoff Tom Williams Volume spread analysis VSA/ Master the Markets Pete Faders VSA* Read the ticker dot com Wyckoff analytics Dee Nixon Avoid buying into weakness/supply/resistance Avoid selling into strength/demand/support Avoid entry when price is in middle of a range (phase B)
Education
by dee718
#Lesson #5 Marubozu Price Action Candle -- Bearish / Sell Hello Trader's ♥ We Have Today Marubozu Price Action Candle -- Bearish / Sell --------------------------------------------------------------------------- It's Come To Convert The Direction From Up To Down After We See This Candle We Can Sell Direct ---- -- This Is Marubozu Candle >> It's Come With No Wick After We See This Candle We Can Know The Next Direction Is Down But It's Want More Confirmation Like Break Out Trend Line Or Break Out Support Area -------------------------------------------- Best Frame : 4 Hour's - Daily - Weekly Best Pairs : All Markets And All Pairs And You Can Add Marubozu Candle Free Script To Your Chart Just Open Indicator Library And Choose Candles Price Action Patterns And Choose Marubozu Bearish ---- For Any Questions Ask Us On Comments And Wait For New Education Lessons
Education
by Fx_Vanguard
#Lesson #4 Hammer Price Action Candle -- Bullish / BuyHello Trader's ♥ We Have Today Hammer Price Action Candle -- Bullish / BUY --------------------------------------------------------------------------- It's Come To Convert The Direction From Down To Up After We See This Candle We Can BUY Direct ---- Best Frame :1 Hour - 4 Hour's - Daily - Weekly Best Pairs : All Markets And All Pairs Win Rate Arrive To 100% Some Times But Average Win Rate 70 - 85 % And You Can Add Hammer Candle Free Script To Your Chart Just Open Indicator Library And Choose Candles Price Action Patterns And Choose Hammer Bullish ---- For Any Questions Ask Us On Comments And Wait For New Education Lessons
OANDA:XAUUSDEducation
by Fx_Vanguard
#Lesson #3 Engulfing Price Action Candle -- Bullish / Buy Hello Trader's ♥ We Have Today Engulfing Price Action Candle -- Bullish / BUY --------------------------------------------------------------------------- It's Come After Down Wave And It's Make Cover For Last Candle After We See This Candle We Can BUY Direct ---- Best Frame : 4 Hour's - Daily - Weekly Best Pairs : All Markets And All Pairs Win Rate Arrive To 100% Some Times But Average Win Rate 70 - 85 % And You Can Add Free Script To Find Engulfing Candle Just Open Indicator Library And Choose Candles Price Action Patterns And Choose Engulfing Bullish ---- For Any Questions Ask Us On Comments And Wait For New Education Lessons
Education
by Fx_Vanguard
#Lesson #2 Engulfing Price Action Candle -- Bearish / Sell Hello Trader's ♥ We Have Today Engulfing Price Action Candle -- Bearish / Sell --------------------------------------------------------------------------- It's Come After Up Wave And It's Make Cover For Last Candle After We See This Candle We Can Sell Direct And Stop Lose Will Be Up Engulfing Candle Wick --- Best Frame : 4 Hour's - Daily - Weekly Best Pairs : All Markets And All Pairs Win Rate Arrive To 100% Some Times But Average Win Rate 70 - 85 % And You Can Add Free Script To Find Engulfing Candle Just Open Indicator Library And Choose Candles Price Action Patterns And Choose Engulfing Bearish ---- For Any Questions Ask Us On Comments And Wait For New Education Lessons
Education
by Fx_Vanguard
LTCUSDT candle/volume (VSA) Spotting CO involvement. Trying to memorize the names of candles and trying to spot 2 and 3 candle patterns can be difficult and in many ways a waste of time. To make your life easier what I think is more valuable and easier to do is analyze the individual candle and its associated volume. The green horizontal is a previous support. Support, resistance, EMA's and fib are the areas where you want to start looking for these high tail/high volume candles. To the right of teh screen there are 2 slightly different scenarios . The volume is the same but the spread is different. The candles on the left are high tail/high volume. The candles to the right are high volume candles that close near or on the low. Out of the two options, which if the two patterns are more bullish? Its easy to see. Now there are a few other variables that must be considered. This is just an isolated example of a 5 % move. Refer to Wyckoff/VSA for further explanation/entry etc.
Education
by dee718
1
EURAUD 15M SCALP LONG TRADE US SESSIONStacey Burkes TSG Podcast Ep. #18 Forex Trading Strategy. US SESSION 3 Hour Window Starting at 8 am EDT Ending at 11 am EDT Step 1 Lowest Bearish Candle Inside US 3 hr window Step 2 Bullish Pin Bar 2nd candle in US window. Step 3 Bullish Engulfing Candle Entered at Candle Close. Step 4 Market Makers Stop Hunt Bearish Pin Bar Confirmation for Long Entry Traders. Step 5 SL below Entry Candle Step 6 EXIT - Close Long Trade after RailRoad Tracks Bearish Reversal Candle Pattern with 61 pip profit.
Education
by Tradingstrategyguides
4
Trend Continuation Candlesticks PatternsTrend Continuation Candlesticks Patterns There are countless candlestick patterns that traders can use to identify areas of interest on a chart. These can be used for day trading, swing trading, and even longer-term position trading. Rising three methods This pattern occurs in an uptrend, where three consecutive red candles with small bodies are attended by the continuation of the uptrend. Ideally, the red candles shouldn’t breach the area of the previous candlestick. The continuation is confirmed with a green candle with a large body, symbolizing that bulls are back in control of the trend’s direction. Falling three methods The inverse of rising three methods, indicating the continuation of a downtrend instead. It’s relevant to note that candlestick patterns aren’t fundamentally a buy or sell signal by themselves. They are rather a way to look at market structure and a potential indication of upcoming opportunities. My dear friends, the sooner this publication gets 300 likes, the earlier I will make the next education post about other candlesticks patterns. Best regards EXCAVO
Education
by EXCAVO
11
Gold 100 pips Buy Breakdown 1890-1900Gold had formed a clear support during London Session on the 30m and 1h timeframes. We had strong bullish momentum so my bias was bullish in the short term. I then switched down to the 15m timeframe to look for a good entry to minimise drawdown. When a bullish 15m candle closed starting from support, I waited for the next candle to form bullish and my final confirmation was that it broke the high of the previous bullish 15m candle. Then I entered the trade. My stops were below the 15m wick rejections and my two targets were 1897 and 1900. Both targets were smashed within a few hours with very minimal drawdown. If any candle from 15m upwards closed below support, I would have closed my positions as it was invalidate the setup.
FX:XAUUSDEducation
by rhf_fx
8
GJ 120 pips Sells BreakdownPrice broke below the support we highlighted, however as there was no lower wick on the 1h breakout candle, price had no clear range to move down, so instead of moving to the lower timeframes to look for selling confirmations, I stayed on the 1h timeframe and decided to look for a break and retest setup, as it was not on a lower timeframe my confidence for this trade was pretty good. As soon as we tapped into the broken support zone, I took an entry with half of my usual risk, stops were above the previous candle and my TP was highlighted on the chart. Profits were taken at each of the support zones as we tapped into them, this lowered our risk and secured profits. When we hit our final target, we removed our TP and let 10% of the trade run, the target for this was 135.887, as this was a possible rejection zone and also 120 pips profit. This target was also hit before price formed support to continue back up.
Education
by rhf_fx