Price Action: IQ Option candlestick strategy, iq option candlestick an...

  

BO Turbo Trader Price Action Guide for Binary Options Trader PDF https://goo.gl/VmcKjJ 👉 SMASH THE LIKE BUTTON 👈 👉 HIT THE SUBSCRIBE BUTTON 👈 👉 LEAVE A COMMENT 👈 Facebook-Group: https://www.facebook.com/groups/31949... Twitter: https://twitter.com/boturbotrader Binary Option Win Rate and Net Profit Calculator + Simulator https://goo.gl/NeUyCp Money Management Masaniello Program + Excel File https://goo.gl/9pNRhs Start Mining Cryptocurrency http://goo.gl/1mJLbU Risk Warning: Your invested capital may be at risk. This video is not an investment advice. Indicators: EMA 3 (blue) EMA 20 (yellow) EMA 50 (orange) EMA 100 (red) EMA 200 (purple) Bollinger Band Period 20 Deviation 2 (green) Bollinger Band Period 20 Deviation 1 (white) This video will help you to understand the concept of rejection and why rejection is very important. the video contains live trading examples as well as an explanation. Practice Reading Candlestick Charts. The best way to practice reading candlesticks it to open a demo trading account, or even just play around with candlesticks on free web-based charting platforms. Popular candlestick time frames for day trading include tick charts, 1-minute and 5-minute time frames. If using a 5-minute time frame, each candle will show the high, low, open and closing price (discussed below) for that 5-minute period, as well as show the direction the price moved during that five minutes. At the beginning of this article, we mentioned that candlestick charts are used in various time frames. Technically, if we set the candlestick chart to a 30 minute time period, then each candle will actually form over 30 minutes. Similarly, if the chart is established in a 15 minute time period, then every candle will take 15 minutes. Over the next few months I'll be posting up some systems which I've used, or have read about in various places during my time as a trader. First up is this fast one minute scalping system which can be used for trading stocks, futures or Forex. A candlestick is composed of three parts; the upper shadow, lower shadow and body. The body is colored green or red. Each candlestick represents a segmented period of time. The candlestick data summarizes the executed trades during that specific period of time. For example a 5-minute candle represents 5 minute. Knowing this, candlesticks can help us quickly identify if the market is trading higher or lower for a selected period. Japanese candlesticks represent a set period of time. If a Japanese candlestick chart is set to a 30 minute time period, then each individual candle will form over thirty minutes. Likewise, if the chart is set to a 15 minute time period, then each candle will take fifteen minutes to form. At the top of the chart will be a tab for "range." Click on the minute interval you're following. The price will be given on the left axis, the time on the horizontal bottom axis. Remember that stock charts display in a variety of formats, the most useful being the classic "candlestick," which graphically shows the high, low and close". Japanese Candlesticks are a type of chart which shows the high, low, open and close of an assets price, as well as quickly showing whether the asset finished higher or lower over a specific period, by creating an easy to read, simple, interpretation of the market. Candlesticks can be used for all time frames – from a 1 minute. Reading a Forex Chart with Candlesticks. 01-how-to-read-candlestic. Before you can read a Candlestick chart, you must understand the basic structure of a single candle. Each Candlestick accounts for a specified time period; it could be 1 minute, 60 minute, Daily, Weekly exc. The way to read a candlestick chart is simple, and there are only four data points displayed.