FOREX SYSTEM: Four Hour Forex: Forex Trading Strategy That Actually Makes Money And Leaves Time To Enjoy Life (Forex, Forex trading, Forex strategy, Forex System) by Chase Alex

FOREX SYSTEM: Four Hour Forex: Forex Trading Strategy That Actually Makes Money And Leaves Time To Enjoy Life (Forex, Forex trading, Forex strategy, Forex System) by Chase Alex

Author:Chase, Alex [Chase, Alex]
Language: eng
Format: epub
Publisher: Unknown
Published: 2015-02-01T16:00:00+00:00


Candlesticks

Candlesticks indicate what price was doing over given period in time. Candles show who is in control of price, bulls or bears. Reading candlesticks can give you much information needed on what price will be doing in near future.

Bull control

Strong bull control candles are green and bigger than average candles. They have no or very small shadows. This clearly indicates that price is going up.

When green candles become smaller it still indicates that bulls are in control and price is going up. Shadows may get longer, however, it’s slowing down.



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