Daily candle chart

Quoting metatsock

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HI! I'm using th software Candlestick Forecaster Samurai 2.1.3 of S. Nison.
I'm using Mt4 as DDE for data.....
I don't know platform where is available this program.
Regards

My open position:

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Quoting MPP

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Hi tradstart
i would suggest you minimise your trade size until you understand the candles, i Believe hussin closes his trades based purely on candle formation. you open a trade based on a good setup, when the chart tells us that the move is up or reversing we close.

if you have limited funds, try a demo account and then trade micro lots and work up from there as your confidence grows, trading from candles is more dynamic than using Ma's stock's MACD etc. position size then becomes flexable, but once yuo get into it you can build up you trade sizes until you have your own lot size sorted and comfortable, try basin everthing on either 300 or 500 pips as a WTF get out clause, this should allow you to see the direction change without geting closed out for 50pips to then watch price run away in you original direction.

If you must place a stop then you need to first learn about support and resistance areas - look for zoopy he's running a line chart class about S&R at the moment, this will help you find the areas to place stops (last few page of his thread).

hope this helps

MPP

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Quoting metatsock

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On GbpJpy nice sell signal on H4.... I think that SL better is the highest high of pattern.....

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Quoting hussin naiji

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dear metatsock
pls put signal candlestick for daily audnzd

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Quoting metatsock

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Hussin what do you think about GJ 1H:
- possible reversal
- rsi oversold
- macd cross long
I haven't experience on lower TF..... but I think that on lower TF signals are less strong....

PS: don't read date...it's artificial...It's a trick to read intraday data in the program

Regards

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Quoting hussin naiji

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my plan trade on candlestick patterns is above 12H
METATSOCK i dont use 1h because show since one hour sentiment market therefore have low reliability

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Quoting hussin naiji

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my plan trade on candlestick patterns is above 12H
METATSOCK i dont use 1h because show since one hour sentiment market therefore have low reliability

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Quoting metatsock

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Program find a sell signal on 01-May

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Quoting hussin naiji

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metatsock
you are bear camp GJ OR bull camp /?

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Quoting hussin naiji

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ok from next week
with more regularity

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