You’re trading with the uptrend, and your technical indicators show that prices are likely to keep moving up. You’ve got a good feeling about this…
You enter a ‘Buy’ trade, and somehow, the market immediately starts moving in the opposite direction.
You watch helplessly as the price continues to move closer and closer to your stop-loss level…
Finally, barely a few minutes later, you hear ‘Ding!’… your trading platform has just informed you that your stop-loss order has been triggered.
That’s another 20 pips down the drain… why does this keep happening? A few minutes later, you watch in disbelief as the market shoots up 50 pips in your original direction… What!?
You’re trading with the uptrend, and your technical indicators show that prices are likely to keep moving up. You’ve got a good feeling about this… BUT, the recent candlestick activity tells you that now is a bad time to jump in…you’re waiting for the exact time to enter the market.
10 minutes later, you see an entry signal based on candlestick activity… this is what you’ve been waiting for! You enter your ‘Buy’ trade without hesitation.
A couple more minutes pass by… and suddenly, the market shoots up 50 pips! You smile as you place a stop order to protect your profits.
…but that’s the difference between a trader who understands candlesticks, and one who doesn’t.
How many times have your stop-loss orders been triggered just before the market moves back in your direction?
We all know that we should ‘trade the trend’… but the problem is that most traders don’t know exactly when to enter and exit the market.
You see, identifying the market trend is not enough… you’ll also need to identify exactly when to enter the market…
Just give me 3 minutes, and I’ll show you how you can learn the simple, but incredibly effective candlestick techniques that nobody else has ever been willing to share with you… This is not hype. It’s not a "pie in the sky". It’s not a scam. It’s also not a "get rich quick" scheme (although, you might see some serious cash pretty quickly). I’m going to show you an easy, proven way to start accumulating profits in your trading account without having to spend a fortune to acquire the necessary skills. If you’ve secretly thought that making big money in Forex was only for the super-smart or the super-lucky, prepare to get hit between the eyes with exactly how easy it really can be.
Good solid information, clarifies some misunderstandings I have had about reading and interpreting the signals and formations….and the Great reminder of not jumping the gun and waiting for the market to tell you what its doing…..Organized clearly for quick understanding, less fluff and more filling……..
Surprising information I did not know about the Shadows…..Cool……
Pretty darn interesting…..easy to understand, I am super impatient when it comes to getting results……No B.S., Fast, Friendly Efficient, Gotta Have it Now……Oh yeah…..Bring it on…….
I’ll be honest with you: profitable Forex trading isn’t hard at all…once you know what to look out for!
Fact is, it all comes down to correctly interpreting the current market signals.
You see, many traders rely mostly on technical indicators to trade… and maybe that’s how you trade too…
But technical indicators only tell you what’s roughly happening in the market : For example — whether the market is overbought or oversold, or whether the market is on a general uptrend or downtrend…
These technical indicators can be helpful… but the problem is that they can’t pinpoint exactly when to enter a trade. They’re also terribly poor at telling you when to exit your trades…how many times have you seen an ‘in-the-money’ trade suddenly turn against you without any warning at all?
The reason why technical indicators often fail to help traders make accurate trading decisions is because they all lag behind market prices.
The only true indicator of how the market is moving ‘right now’ is through candlestick studies – it’s the most up-to-date information you’ll ever get on the Forex market.
Learning the right candlestick-reading techniques means that you’ll be able to understand the Latest market information…
You’ve probably read a few ‘economic reports’, or heard some ‘currency analyst’ telling you about where the currency markets are headed… but why would you need to listen to any of them, when the answer is right there on your trading chart!
The only thing you’ll need to do is to understand and interpret the signals that the market is giving you… and you’ll see the profits come rolling in!
I’ve… Read more…