Trend Reversals using candlestick charting
Posted by Steve on 30 May, 2011
5 Comments
This item was filled under [ Candlestick Charts ]
www.freetradingvideos.com :: This is a strategy used to find trends that are poised to reverse. If you’re the first to catch them you will be poised to greatly profit. This trading video uses technical analysis and candlestick charting techniques.
Video Rating: 4 / 5
5 Comments on “Trend Reversals using candlestick charting”
i think you got the trend line wrong. what you did is put the trend line on top of the candle sticks. when the market is in a up trend, you need to put the trend line on the bottom of the candle sticks. the market is in a up trend so that if the market breaks to the down side it will then bypass the trend line and then know ing that the trend is finished you make a sell order. but hey every one has there way of trading.
good info thanks for sharing!!
I use stop-losses instead of mental stops.
are you setting the stop loss or are you just doing a mental stop loss?
good advice, thanks