Monday, August 27, 2018

Candlestick Psychology Monday August 27 2018


USD/CAD


  • Strong SnR with 3 touches, and next-time consider strong SnR with minimum of 2 touches.
  • I forgot that the previous strong SnR have been touch by 2
  • Expect that the 3 touch is becoming weak


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1st trade... (Win)





  • Put (Win) Strong downtrend
  • I never see that strong SnR touches by 3
  • Nexttime watch how strong SnR touched 
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2nd trade... (Win)


  • Next-time check round number
  • I counter trade
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3rd trade... (Lost)



  • Next-time don't doubt if you see wick coming from SnR
  • Previous wick touch the SnR
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4th trade... (Lost)


  • Next-time watch-out those previous candlesticks
  • Sellers pressure ahead so its safe to call
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5th trade... (Lost)


  • Remember that shooting star
  • The Strong SnR have been touch 3 times
  • Expect to break it and watch the bearish is strong
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6th trade (Win)


  • Check the previous candlestick if candidate for strong that can break SnR
  • SnR touched 3 times
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7th trade...(Win)



  • Remember when candlestick not fully cross its mean a revenge for 1 minute
  • I call because of wick
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Self-explanatory:

  • Include in you list how many time SNR touches
  • 2 Strong SnR is minimum
  • Include round numer check
  • Congrats no fear or greed
  • Be consistent using same plan

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