they will make money through Forex trading definitely. . ( 10 votes, average:.10 out of 5) Loading. I do the same when the weekly and monthly candlesticks close and the new ones open. No need for stop loss and also Take Profit. It even hurts you physically in long term.
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For more information about this trading secret and profitable strategy watch below video. However, I have to wait the for the next day candlestick to form. So dont try. I do not spend more than 30 minutes a day to analyze the market. . If you learn how to trade, you can make money trading any time currency rate pk frame that you want. Traders need to understand that the market will still be there tomorrow and the next day and for the rest of their lives, so missing out on a few good opportunities per week on the lower time frames is more than worth the sacrifice when. If the next candlestick forms with a bearish body, it means I was right and bears still have the control and most probably the next day candlestick will also be bearish. You may have more trade setups with the shorter time frames, but it doesnt necessarily mean that it makes more money. So I go long. Because it signals the prevailing trend is still maturing and will resume which is why you dont want to be any more in this trade. So, make sure you do not become a fearful trader, master your trading strategy first, this way you know what to look for, then wait patiently as the market plays out and the amateurs lose money on the lower time frames, when you spot your.