Please look at any 1 hr , 4 hr or higher chart- analysis each candlestick in context with what is to left of that candlestick. What are candlesticks telling you about?
1) volume
2) liquidity
3) pair trading
4) time
5) price
6) session
7) order blocks
8) support and resistance areas
9) What is ADR of any given pair and if day trading- how far has price action went in covering that ADR?
* Are wicks short or long?
* Are bodies short or long?
* How are candlesticks acting around both quarter numbers and round numbers (.000,.250,.375 and .500)
* Are candlesticks ranging or trending?
Understanding candlestick language is the foundation of trading Forex success.
1) volume
2) liquidity
3) pair trading
4) time
5) price
6) session
7) order blocks
8) support and resistance areas
9) What is ADR of any given pair and if day trading- how far has price action went in covering that ADR?
* Are wicks short or long?
* Are bodies short or long?
* How are candlesticks acting around both quarter numbers and round numbers (.000,.250,.375 and .500)
* Are candlesticks ranging or trending?
Understanding candlestick language is the foundation of trading Forex success.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.