Candlesticks can light up your trading

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  #1  
Old 28th October 2006, 10:02 PM
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Default Candlesticks can light up your trading



Candlesticks Can Light Up Your Trading

---------------------------------------

Hi gents
So you think you know candlesticks and you know about MACD.
But when you know what insidebar can do if combined with MACD,
YOU WILL BE MORE THAN SURPRISED.
INSIDEBAR gives a hint before explosive move in price occurs.

For a smart trader guy,a small hint is enough.
that is exactly what is given in this article.

see the following readup
-----------------------------------------------------------
Forex Profits is a 100% mechanical system for uncovering hidden trade setups.

Here's how it works...

STEP 1: trend finder
Look for a certain 'fool-proof' set-up on the MACD indicator. When this occurs you will have an early warning for the new direction of the market. At times this will get you into a trade way before the rest of the herd. (Hint: We are not simply waiting for the MACD to go above the zero line to buy)

The first step is designed to tell you if you should be a buyer or seller in the market This will put an end once and for all trying to figure out which way the trend is going.

STEP 2: setup bar
Next we are going to look for a specific shape of a Japanese candlestick bar.(This is referred to as our 'Setup Bar') (hint called inside bar)

This is a bar that is not talked about by traders as it is considered a non-event. They dismiss it as having no significance, but that is a big mistake because...

This candle-stick often precedes explosive moves and significant turning points in the markets. The kinds that can potentially lead to very healthy returns in your trading account. Don't worry if you know nothing about Japanese candlesticks as I will teach you everything you need to know in 10 minutes.

STEP 3:
All there is left to do is look for a 'no-brainer' confirmation signal. This gives you the green light to jump in and take the trade.

STEP 4: Place a protective stop-loss order in the market.

STEP 5: Use one of the 3 exit strategies taught in you manual to milk the trade for maximum potential profits.

That's it! Not rocket-science, but very powerful!
--------------------------------------------------
read about it in
http://www.fastforexprofits.com/?hop=asthma9

see the four charts given there

Hint
read about= insidebar and how to combine it setups like -dbltop,dblbottom,resistance becomes support,or support becomes resistance,and momentum up or down

Dr Jeffrey Wilde is a master of insidebar strategies.

Rvlv
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  #2  
Old 1st November 2006, 07:00 PM
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lohiya is on a distinguished road
Default Re: Candlesticks can light up your trading

When I visit the link Sir, all I get is vague clues about a setup and a bold advertisement pls help.

Quote:
Originally Posted by rvlv View Post
Hint
read about= insidebar and how to combine it setups like -dbltop,dblbottom,resistance becomes support,or support becomes resistance,and momentum up or down
Rvlv
Do u mean Harami patterns? If so, Steeve Nisson explains them in a very simple and powerful approach, and also lots about chart patterns like double tops etc. Though he leaves it to the reader to experiment on various setups using candlesticks and s/r levels( which are easy to conclude once a pattern is clearly percieved).

If possible to share pls explain more.
Thanks.
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  #3  
Old 4th November 2006, 10:40 AM
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Default Re: Candlesticks can light up your trading

Stop copy-pasting from other sources and learn some Technical Analysis youself before you start teaching others.

Sushant.
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