Monthly Archives: March 2014

Bullish And Bearish Engulfing Reversal Candlestick Pattern

Bullish / Bearish Engulfing Candlestick Patterns

bullish_engulfing_reversal_candlestick_patternRemember in using this engulfing bullish or bearish candlestick pattern that should be located on supply demand zone. Lets start with engulfing pattern which is considered to be most strong of all in the right place.As it’s a reversal pattern, Engulfing candlestick pattern is most beneficial when there is a up or down trend. It’s for identifying the turning/reversal point. It’s kind of recognizing top or bottom of given up or down trend move. Trends we are talking here is Time Frame specific. You may have many mini trends withing the scheme of larger trends and therefore as you breakdown larger trend there will be many more turning points of mini trends in a smaller time frames.

Trading Price With Supply Demand Strategy

Trading price with supply demand curve is very nice to learning. Basic concept of this supply demand strategy is how we look supply demand area with two line nearest based two lower low or two higher high. forex supply demand lesson basics We just buy or sell on every low or high from supply demand area in control from smaller time frame like one hour time frame for intraday traders and four hour time frame for swing traders. Here we go some supply demand in control that we can learn together here. Remember strict to the rules on which way kind of traders you are. Swing traders ? or intraday traders ?. Just see details of multiple time frame analysis, so you can know what kind trader you are.

Unbelievable Easy Forex Trading Strategy With No Indicators

Supply demand strategy is the simple and easiest way on trading forex. Because this is the heart of economy market which there is goods and services so both of this component made a value.forex_supply_demand Why this supply demand strategy is easy to follow even for a new comers in forex market ? Is because we only know to read supply demand broken or not. This supply demand concept is simple. Buy if nearest-up demand area are broken and sell if nearest-down supply area is broken. Just like that.This system of supply demand is set and forget trading techniques as long as you are using supply demand level from big picture like daily, weekly or monthly. You can using this supply demand strategy on swing which it takes a hundreds pips more or only intraday which getting pips below 100pips. It’s all depending on what time frame you’re using as identify supply demand zone.

Supply Demand Trading Concept With Continuation And Reversal Candlestick Pattern

Supply Demand Trading Concept Still Need To Be Filtered With Candlestick Patterns

bearish-reversal-candlestick-pattern Forex trading sometimes is very complicated.Even some traders loss almost their all saving money. Why it can be happened? It’s because some traders only using their emotion on their analysis and forget about money management and off course 90% traders using their instinct. As we know the core of economy market is supply demand. Because of this we have to concern about this supply demand trading concept, but remember this supply demand trading concept still need to be filtered with knowledge about reversal and continuation candlestick pattern. An this candlestick pattern have to be located on supply or demand zone, so not between on supply demand zone. So with knowledge about this candlestick pattern which located on supply demand zone, we can read the power of seller or buyer will remain.

Candlestick Basics That We Must Understand

Let Candlestick Tells On Us About The Price

hammer forex reversal candlestick strategyFrom our experience in trading forex, this candlestick patterns cannot be forget from our variable analysis. This candlestick basics can be read on best time frame at least on four hour time frame. Why have to read on four hour timeframe ? because this four hour time frame give us the best parameter to get strong support resistance zones or  even better read based on daily time frame so it will get a accurate trading signals to enter the market which still have to be filtered by candlestick pattern from daily time frame. So, to read strong support resistance or strong level entry have to be done from D1 timeframe and looking the best momentum on H1-H4 timeframe. This is exactly what we do on every our analysis before made some open position.