it goes something like this. lets say...3bull candles followed by 1bear candle (small) means bull continuation...if the bear candlestick encompasses the 3 bull candles...exit all bulls haha...if there are 5 bull candles in a row...most often 1 bear candle comes or 3 bear candles in a tight range(sometimes 2 but rarer) which leads to bull continuation...8bull candles in a row followed by 1 bear...mega bull continuation..those are some of the common ones
i dont think people pay too much attention to them because they rely on indicators so much or candlesticks that truly stick out like dojis or maribozu...even i dont as much as i used to with this crazy market but if you want to know more just look it up...its common information...candlestick 101
thanks man!
Sometimes it take longer than you want. I hope to you nail it and lock some decent profits.
everything is usefull for me
I know that I should close one long at 1.3550.
I will see that!
I have at the moment a H4 and Daily line that are holding my long view.
The Gartley we can see is Bull, but there is no perfect 61.8%, I am afraid about that, but because of this +100 drop, it smells to me like a potential bull run, from now on.
Psychology, in forex we must have and do not change the view in the same week or else I will be a "Dead BULL" at this time not walking, because I have my foot in a mess, I am only siting here and watching a movie!
I hope Dow will help the Bull Run!
Just curious, but are you going to go short in a few mins when all this core cpi data etc comes out? I recall you did that before and did really well last few times since whenever the US releases NFP or some such the USD rallies.
I no longer do it al, no trade at all right now
