see if it turns into anything more than that) happening right at a historical area of congestion. It just looks better to me that way.
It's easy to learn and implement. All I did was search the Internet for a good Forex strategy. Then I found the 123 candlestick pattern and I never had to look for another strategy again. Breaking down 'Reversal '. Reversals often occur in intraday trading and happen rather quickly, but they can also occur over days or weeks of trading.
"Trend, reversal " D1 Forex
Strategy : Calm, trading - m: Forex
We speak of a momentum candle when the candle is comparably larger than the candles that precede. In the below example, you can see how price initially contracts: small candles with a narrow range of motion. The smart money folks bought from the latecomers, so now as it starts to go up again, the latecomers figure they got out too soon and start buying again, but since they were burned before, they are a little more wary, so fewer of them. You will most likely see the price bounce right after your entry and it may consolidate some before dropping, so dont sweat it, just ride it out. I then use half on the second entry and half on the third entry. You need to place your stop a few pips above the number 1 point. The surge in volume is due to the not so smart money finally recognizing the trend and jumping on the bandwagon (euphoria this trend could last forever, I gotta get me some.) That surge in volume usually happens when a move has reached exhaustion. My favorite entry is cheating the number 3 point as this can be done with very little risk, comparaison trader forex en ligne fairly large trade size and works quite well. Let me tell you now.
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