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- Bull market - Investopedia
The only thing I see useful in moving averages is for dynamic support and resistance levels. I will explain this concept shortly. As a matter of fact moving averages do a terrible job of predicting trends in that they only do that after that trend has already started already and price has moved a great deal already.
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Pin bars work on all time frames but are especially powerful on the 6 hour, 9hour and daily chart time frames. It is possible to make consistent profits by only trading the pin bar formation, and you can learn more about it in my price action trading course. Upon adding this powerful setup as one of your main Forex trading strategies, you will wonder how you ever traded without it.
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This is one of the most reliable candlesticks and obviously one of the most popular due to the fact that they are so easy to spot on any chart.
Bull market - Investopedia
you need figure out the answers to those questions yourself.
If you are starting a live trading account with $655, the question needs to be asked: would you be satisfied with a $5 profit each trade? Or even a $6 profit each trade?
If your trading account cannot support the contract sizes that would equate to the type of profits that you 8767 d like to see happening, then the chances are you are going to take a lot of risks on your $655 trading account to 8775 meet that expectation 8776 . and that is something i cannot tell you what you should do. Leverage is totally irrelevant. How much risk per trade is.
There are many traders that don’t realize that usually, in a downtrend, when a support level has been broken to the downside, it often tends to act as a resistance level. Here is an example shown on the chart below:
Great!! In fact, they are littered everywhere on the chart platforms. And that 8767 s a nice and profitable discovery, thanks. Keep 8767 em coming.
So what do you think the candlestick pattern would be in the two-85 minute candlesticks to give you a bullish hammer candlestick pattern in the 6hr timeframe? Or if you see a shooting start bearish candlestick in the 6hr timeframe, what do you think would be the candlestick pattern in the two-85minute candlesticks that gave that 6hr candlestick a shooting star?
What i Like most everything in one Glance single page and you learn what expensive courses will teach and free.
Mr Fuller, I have to say thank you for making this newbie experience so exciting and interesting. You are honest, sometimes it hurts a bit but truly it is very eye-opening. I have been reading your articles for a few weeks now but I am learning so much already and each article is encouraging and extremely informative! Patience. Patience. Patience. Thank you Mr I look forward to this journey.
• The area between the open and close of the pin bar is called the 8775 body 8776 or 8775 real body 8776 . It is typically colored white or another light color when the close was higher than the open and black or another dark color when the close was lower than the open.