Sunday, November 24, 2013

Secret of candlestick patterns



 

candle consists of a building OHCL (low height lid). Each candle reflects a war between buyers and sellers. Candlestick more likely to be used by traders other than as a bar chart or line chart. Each candle can easily tell about the prices during the session. There are several combinations of several candles that have a special meaning that can move the market in the same direction. Traders can also easily analyze the travel activity of the market and can predict what will happen next.

Is this legal? Yes, because of the analyst trader previously been studied and approved by millions of traders. So, if there is a combination candle what we call "bullish abandoned baby", once formed, everyone will know about it and will buy. Then there will be a white / green candle next. Why is there also a vendor? Due to the different time frames may be that they have to sell. And after he knew that he took a wrong step, he continued to sell, the hope that others will follow. Some of them also sell for a profit.

Edge pips is your chance to memorize all the combinations candle we prepared for you. All of them have high reliability. The next opportunity we will discuss about the right of the candle and duration.

No comments:

Post a Comment