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ForexFloorTrader
Apr 28, 2020 10:03 AM

Trading Candles - Part 18 Education

EUR/USDOANDA

Description

TUTORIAL
Today's candle (4/27/2020) formed a Doji. A Doji is a "Neutral Candle" indicating trader indecision. A "Close" above the "High" of the Doji indicates the price is ready to move higher and a "Close" below the "Low" of the Doji indicates the price is ready to move lower.

TRADING
Go "Long" on a Close above the High of the Doji or go "Short" on a Close below the Low of the Doji.
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