Every Candle Tells A Story

People underestimate the power of being able to read candlestick patterns. Candlesticks tell you exactly what’s going on with the market.

A bullish candle tells you that the bulls are currently in control. A bearish candle tells you the bears are currently in control. A doji candle tells you that the bears and bulls are fighting, but neither one is winning.

So, when you get a doji forming after a series of strong bullish candles what does that tell you? The bulls were in control of the market, but now the doji shows that the bears are fighting back. The bears and bulls are opposing forces and they are always trying to pull the price in their direction.

Sometimes the bulls have more power and it goes up, other times the bears have more power and the price goes down. So every time you look at a candle you should think of it as a struggle between the bulls and the bears.


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Always Win Never Loss Forex

Cheers!

BA FxSwing


Wednesday, July 29, 2009

Rabu 30 July

Post d buka pada hari jumaat. Ini gara2 line internet down huhuhu syukur profit hehe...

Posted by BA FXSwing at 10:35 AM

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