SlideShare una empresa de Scribd logo
1 de 39
Forex Candlestick
Goals and Strategies
Traders profit from changes of foreign currency rates
by setting reasonable goals and then developing
strategies to achieve those goals.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
A common trading approach is to use Forex charting
with candlesticks to read market sentiment and enter
profitable trades. With the use of this age old trading
system in mind we consider various Forex candlestick
goals and strategies.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
Uncertain Markets

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
A common approach to trading Forex is to look for
volatile markets.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
When there is a lot of price movement there is, in
theory, a lot of potential for profits.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
Forex candlestick strategies that fit this approach are
those that spot uncertain markets.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
A Doji signal is single a flat candlestick.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
This signal tells us that the opening and closing price
for the day are essentially the same.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
The Doji may have long or short shadows meaning
that the stock may have traded much higher and lower
or not

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
A Doji may occur after a Forex uptrend, a Forex
downtrend, or during a flat trading period for a
currency pair.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
Anticipating a market reversal with the Doji has to do
with what precedes the signal.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
The Doji indicates market indecision.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
When it occurs after a well-defined uptrend it is a
strong indicator of a downward reversal.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
When it occurs after a well-defined downtrend it is a
strong indicator of a market that may head downward.
During a flat market it tells of indecision but not market
direction.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
Forex candlestick goals and strategies regarding the
Doji are first of all of make a profit on a market
reversal, ideally doing this repeatedly in a volatile
market.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
The second part is to be patient and to wait for the
signal.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
The beauty of trading with candlesticks is that the
signals are clear and easy to read.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
Be patient.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
Wait for the signal.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
Trade, get out and count your profits.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
Surprise Reversals

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
Other Forex candlestick goals and strategies have to
do with correctly reading surprises in the market and
profiting thereby.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
A good example of Forex goals and strategies with
market surprises lies with the Morning Star signal.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
This signal starts with a long black candle which
indicates a day in which the traded Forex currency
closed significantly lower than it opened.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
The second candle has a bottom lower than the first
which tells us that the currency gapped down on the
opening of the second day.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
This candle is quite short which tells us that no matter
how much trading took place that day the currency end
up pretty much where it started.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
The third candle of the Morning Star in Forex trading is
a white candle and a longer one.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
When this signal is very strong its bottom lies above
the top of the second candle, indicating an opening
trading gap for the day.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
The signal is even stronger if there is an upward gap
on the subsequent day.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
The third candle should close at least at the level of
the upper half of the first, black candle in order for this
to be a Morning Star in Forex Trading.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
This is reverse signal and exhibits a dramatic and
often surprise ending to a downward trending market.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
In Forex trading with Candlesticks this signal is a
strong indicator of a change in market sentiment. The
longer the black and white candles the stronger is the
indication that market sentiment has swung around
from bearish to bullish.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
As with all reversals of bear markets there are two
possibilities.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
The market may simply have become oversold in
which case the reversal is likely to bring the currency
price to a rational level.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
Or, fundamentals may have changed, in which case
the Morning Star in Forex trading will commonly
predict a more substantial and longer lasting upward
movement of the market.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
The key to using Forex candlestick goals and
strategies is that one can pick the conditions in which
one will trade.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
Then one will await the correct signal.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/
This removes guesswork and leads to profits.

http://www.forexconspiracyreport.com/
forex-candlestick-goals-and-strategies/

Más contenido relacionado

Destacado

Forex signals
Forex signalsForex signals
Forex signalsGra Blac
 
Three Black Crows and a Falling Market
Three Black Crows and a Falling MarketThree Black Crows and a Falling Market
Three Black Crows and a Falling MarketInvestingTips
 
Forex Charting with Candlesticks
Forex Charting with CandlesticksForex Charting with Candlesticks
Forex Charting with CandlesticksInvestingTips
 
Forex Candlestick Reversal Patterns
Forex Candlestick Reversal PatternsForex Candlestick Reversal Patterns
Forex Candlestick Reversal PatternsForex Useful
 
Trading With Candlestick Charts
Trading With Candlestick ChartsTrading With Candlestick Charts
Trading With Candlestick ChartsVivek Rattan
 
17 Money Making Candlestick Formations
17 Money Making Candlestick Formations17 Money Making Candlestick Formations
17 Money Making Candlestick FormationsKenny Leng
 
Bhavishya- Technical Analysis
Bhavishya- Technical AnalysisBhavishya- Technical Analysis
Bhavishya- Technical Analysisshivamantri
 

Destacado (7)

Forex signals
Forex signalsForex signals
Forex signals
 
Three Black Crows and a Falling Market
Three Black Crows and a Falling MarketThree Black Crows and a Falling Market
Three Black Crows and a Falling Market
 
Forex Charting with Candlesticks
Forex Charting with CandlesticksForex Charting with Candlesticks
Forex Charting with Candlesticks
 
Forex Candlestick Reversal Patterns
Forex Candlestick Reversal PatternsForex Candlestick Reversal Patterns
Forex Candlestick Reversal Patterns
 
Trading With Candlestick Charts
Trading With Candlestick ChartsTrading With Candlestick Charts
Trading With Candlestick Charts
 
17 Money Making Candlestick Formations
17 Money Making Candlestick Formations17 Money Making Candlestick Formations
17 Money Making Candlestick Formations
 
Bhavishya- Technical Analysis
Bhavishya- Technical AnalysisBhavishya- Technical Analysis
Bhavishya- Technical Analysis
 

Más de InvestingTips

When to Buy and When to Sell Bitcoin
When to Buy and When to Sell BitcoinWhen to Buy and When to Sell Bitcoin
When to Buy and When to Sell BitcoinInvestingTips
 
Dangers of Investment Leverage
Dangers of Investment LeverageDangers of Investment Leverage
Dangers of Investment LeverageInvestingTips
 
Are Private Digital Tokens On Their Way Out?
Are Private Digital Tokens On Their Way Out?Are Private Digital Tokens On Their Way Out?
Are Private Digital Tokens On Their Way Out?InvestingTips
 
When Should Investors Trade Options?
When Should Investors Trade Options?When Should Investors Trade Options?
When Should Investors Trade Options?InvestingTips
 
Will Northrup Grumman Go Into Commercial Aviation?
Will Northrup Grumman Go Into Commercial Aviation?Will Northrup Grumman Go Into Commercial Aviation?
Will Northrup Grumman Go Into Commercial Aviation?InvestingTips
 
How Would a Crypto Privacy Pool Work?
How Would a Crypto Privacy Pool Work?How Would a Crypto Privacy Pool Work?
How Would a Crypto Privacy Pool Work?InvestingTips
 
How CFTC Rules Protected a Crypto Business
How CFTC Rules Protected a Crypto BusinessHow CFTC Rules Protected a Crypto Business
How CFTC Rules Protected a Crypto BusinessInvestingTips
 
Blockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto WinterBlockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto WinterInvestingTips
 
Economic and Investment Risks for 2024
Economic and Investment Risks for 2024Economic and Investment Risks for 2024
Economic and Investment Risks for 2024InvestingTips
 
Can Stablecoins Be Self-regulating?
Can Stablecoins Be Self-regulating?Can Stablecoins Be Self-regulating?
Can Stablecoins Be Self-regulating?InvestingTips
 
Bitcoin Viability As a Long Term Investment
Bitcoin Viability As a Long Term InvestmentBitcoin Viability As a Long Term Investment
Bitcoin Viability As a Long Term InvestmentInvestingTips
 
Would a Digital Dollar Hurt Banks?
Would a Digital Dollar Hurt Banks?Would a Digital Dollar Hurt Banks?
Would a Digital Dollar Hurt Banks?InvestingTips
 
Will 2024 Be a Good Year for Crypto?
Will 2024 Be a Good Year for Crypto?Will 2024 Be a Good Year for Crypto?
Will 2024 Be a Good Year for Crypto?InvestingTips
 
Should You Diversify Your Crypto Investments?
Should You Diversify Your Crypto Investments?Should You Diversify Your Crypto Investments?
Should You Diversify Your Crypto Investments?InvestingTips
 
Obligations of a Crypto Business
Obligations of a Crypto BusinessObligations of a Crypto Business
Obligations of a Crypto BusinessInvestingTips
 
Does Crypto Finance Terrorism?
Does Crypto Finance Terrorism?Does Crypto Finance Terrorism?
Does Crypto Finance Terrorism?InvestingTips
 
Are Smart Contracts Legal?
Are Smart Contracts Legal?Are Smart Contracts Legal?
Are Smart Contracts Legal?InvestingTips
 
Can the Law Fix Crypto’s Problems?
Can the Law Fix Crypto’s Problems?Can the Law Fix Crypto’s Problems?
Can the Law Fix Crypto’s Problems?InvestingTips
 
Apple as a Model for Crypto’s Future
Apple as a Model for Crypto’s FutureApple as a Model for Crypto’s Future
Apple as a Model for Crypto’s FutureInvestingTips
 

Más de InvestingTips (20)

When to Buy and When to Sell Bitcoin
When to Buy and When to Sell BitcoinWhen to Buy and When to Sell Bitcoin
When to Buy and When to Sell Bitcoin
 
Dangers of Investment Leverage
Dangers of Investment LeverageDangers of Investment Leverage
Dangers of Investment Leverage
 
Are Private Digital Tokens On Their Way Out?
Are Private Digital Tokens On Their Way Out?Are Private Digital Tokens On Their Way Out?
Are Private Digital Tokens On Their Way Out?
 
When Should Investors Trade Options?
When Should Investors Trade Options?When Should Investors Trade Options?
When Should Investors Trade Options?
 
Will Northrup Grumman Go Into Commercial Aviation?
Will Northrup Grumman Go Into Commercial Aviation?Will Northrup Grumman Go Into Commercial Aviation?
Will Northrup Grumman Go Into Commercial Aviation?
 
How Would a Crypto Privacy Pool Work?
How Would a Crypto Privacy Pool Work?How Would a Crypto Privacy Pool Work?
How Would a Crypto Privacy Pool Work?
 
How CFTC Rules Protected a Crypto Business
How CFTC Rules Protected a Crypto BusinessHow CFTC Rules Protected a Crypto Business
How CFTC Rules Protected a Crypto Business
 
Blockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto WinterBlockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto Winter
 
Economic and Investment Risks for 2024
Economic and Investment Risks for 2024Economic and Investment Risks for 2024
Economic and Investment Risks for 2024
 
Can Stablecoins Be Self-regulating?
Can Stablecoins Be Self-regulating?Can Stablecoins Be Self-regulating?
Can Stablecoins Be Self-regulating?
 
Bitcoin Viability As a Long Term Investment
Bitcoin Viability As a Long Term InvestmentBitcoin Viability As a Long Term Investment
Bitcoin Viability As a Long Term Investment
 
Bitcoin Versus NFTs
Bitcoin Versus NFTsBitcoin Versus NFTs
Bitcoin Versus NFTs
 
Would a Digital Dollar Hurt Banks?
Would a Digital Dollar Hurt Banks?Would a Digital Dollar Hurt Banks?
Would a Digital Dollar Hurt Banks?
 
Will 2024 Be a Good Year for Crypto?
Will 2024 Be a Good Year for Crypto?Will 2024 Be a Good Year for Crypto?
Will 2024 Be a Good Year for Crypto?
 
Should You Diversify Your Crypto Investments?
Should You Diversify Your Crypto Investments?Should You Diversify Your Crypto Investments?
Should You Diversify Your Crypto Investments?
 
Obligations of a Crypto Business
Obligations of a Crypto BusinessObligations of a Crypto Business
Obligations of a Crypto Business
 
Does Crypto Finance Terrorism?
Does Crypto Finance Terrorism?Does Crypto Finance Terrorism?
Does Crypto Finance Terrorism?
 
Are Smart Contracts Legal?
Are Smart Contracts Legal?Are Smart Contracts Legal?
Are Smart Contracts Legal?
 
Can the Law Fix Crypto’s Problems?
Can the Law Fix Crypto’s Problems?Can the Law Fix Crypto’s Problems?
Can the Law Fix Crypto’s Problems?
 
Apple as a Model for Crypto’s Future
Apple as a Model for Crypto’s FutureApple as a Model for Crypto’s Future
Apple as a Model for Crypto’s Future
 

Último

12042024_First India Newspaper Jaipur.pdf
12042024_First India Newspaper Jaipur.pdf12042024_First India Newspaper Jaipur.pdf
12042024_First India Newspaper Jaipur.pdfFIRST INDIA
 
Political-Ideologies-and-The-Movements.pptx
Political-Ideologies-and-The-Movements.pptxPolitical-Ideologies-and-The-Movements.pptx
Political-Ideologies-and-The-Movements.pptxSasikiranMarri
 
lok sabha Elections in india- 2024 .pptx
lok sabha Elections in india- 2024 .pptxlok sabha Elections in india- 2024 .pptx
lok sabha Elections in india- 2024 .pptxdigiyvbmrkt
 
15042024_First India Newspaper Jaipur.pdf
15042024_First India Newspaper Jaipur.pdf15042024_First India Newspaper Jaipur.pdf
15042024_First India Newspaper Jaipur.pdfFIRST INDIA
 
11042024_First India Newspaper Jaipur.pdf
11042024_First India Newspaper Jaipur.pdf11042024_First India Newspaper Jaipur.pdf
11042024_First India Newspaper Jaipur.pdfFIRST INDIA
 
Mitochondrial Fusion Vital for Adult Brain Function and Disease Understanding...
Mitochondrial Fusion Vital for Adult Brain Function and Disease Understanding...Mitochondrial Fusion Vital for Adult Brain Function and Disease Understanding...
Mitochondrial Fusion Vital for Adult Brain Function and Disease Understanding...The Lifesciences Magazine
 
Foreign Relation of Pakistan with Neighboring Countries.pptx
Foreign Relation of Pakistan with Neighboring Countries.pptxForeign Relation of Pakistan with Neighboring Countries.pptx
Foreign Relation of Pakistan with Neighboring Countries.pptxunark75
 
Power in International Relations (Pol 5)
Power in International Relations (Pol 5)Power in International Relations (Pol 5)
Power in International Relations (Pol 5)ssuser583c35
 
Transforming Andhra Pradesh: TDP's Legacy in Road Connectivity
Transforming Andhra Pradesh: TDP's Legacy in Road ConnectivityTransforming Andhra Pradesh: TDP's Legacy in Road Connectivity
Transforming Andhra Pradesh: TDP's Legacy in Road Connectivitynarsireddynannuri1
 
14042024_First India Newspaper Jaipur.pdf
14042024_First India Newspaper Jaipur.pdf14042024_First India Newspaper Jaipur.pdf
14042024_First India Newspaper Jaipur.pdfFIRST INDIA
 
16042024_First India Newspaper Jaipur.pdf
16042024_First India Newspaper Jaipur.pdf16042024_First India Newspaper Jaipur.pdf
16042024_First India Newspaper Jaipur.pdfFIRST INDIA
 
Geostrategic significance of South Asian countries.ppt
Geostrategic significance of South Asian countries.pptGeostrategic significance of South Asian countries.ppt
Geostrategic significance of South Asian countries.pptUsmanKaran
 
Emerging issues in migration policies.ppt
Emerging issues in migration policies.pptEmerging issues in migration policies.ppt
Emerging issues in migration policies.pptNandinituteja1
 
13042024_First India Newspaper Jaipur.pdf
13042024_First India Newspaper Jaipur.pdf13042024_First India Newspaper Jaipur.pdf
13042024_First India Newspaper Jaipur.pdfFIRST INDIA
 

Último (14)

12042024_First India Newspaper Jaipur.pdf
12042024_First India Newspaper Jaipur.pdf12042024_First India Newspaper Jaipur.pdf
12042024_First India Newspaper Jaipur.pdf
 
Political-Ideologies-and-The-Movements.pptx
Political-Ideologies-and-The-Movements.pptxPolitical-Ideologies-and-The-Movements.pptx
Political-Ideologies-and-The-Movements.pptx
 
lok sabha Elections in india- 2024 .pptx
lok sabha Elections in india- 2024 .pptxlok sabha Elections in india- 2024 .pptx
lok sabha Elections in india- 2024 .pptx
 
15042024_First India Newspaper Jaipur.pdf
15042024_First India Newspaper Jaipur.pdf15042024_First India Newspaper Jaipur.pdf
15042024_First India Newspaper Jaipur.pdf
 
11042024_First India Newspaper Jaipur.pdf
11042024_First India Newspaper Jaipur.pdf11042024_First India Newspaper Jaipur.pdf
11042024_First India Newspaper Jaipur.pdf
 
Mitochondrial Fusion Vital for Adult Brain Function and Disease Understanding...
Mitochondrial Fusion Vital for Adult Brain Function and Disease Understanding...Mitochondrial Fusion Vital for Adult Brain Function and Disease Understanding...
Mitochondrial Fusion Vital for Adult Brain Function and Disease Understanding...
 
Foreign Relation of Pakistan with Neighboring Countries.pptx
Foreign Relation of Pakistan with Neighboring Countries.pptxForeign Relation of Pakistan with Neighboring Countries.pptx
Foreign Relation of Pakistan with Neighboring Countries.pptx
 
Power in International Relations (Pol 5)
Power in International Relations (Pol 5)Power in International Relations (Pol 5)
Power in International Relations (Pol 5)
 
Transforming Andhra Pradesh: TDP's Legacy in Road Connectivity
Transforming Andhra Pradesh: TDP's Legacy in Road ConnectivityTransforming Andhra Pradesh: TDP's Legacy in Road Connectivity
Transforming Andhra Pradesh: TDP's Legacy in Road Connectivity
 
14042024_First India Newspaper Jaipur.pdf
14042024_First India Newspaper Jaipur.pdf14042024_First India Newspaper Jaipur.pdf
14042024_First India Newspaper Jaipur.pdf
 
16042024_First India Newspaper Jaipur.pdf
16042024_First India Newspaper Jaipur.pdf16042024_First India Newspaper Jaipur.pdf
16042024_First India Newspaper Jaipur.pdf
 
Geostrategic significance of South Asian countries.ppt
Geostrategic significance of South Asian countries.pptGeostrategic significance of South Asian countries.ppt
Geostrategic significance of South Asian countries.ppt
 
Emerging issues in migration policies.ppt
Emerging issues in migration policies.pptEmerging issues in migration policies.ppt
Emerging issues in migration policies.ppt
 
13042024_First India Newspaper Jaipur.pdf
13042024_First India Newspaper Jaipur.pdf13042024_First India Newspaper Jaipur.pdf
13042024_First India Newspaper Jaipur.pdf
 

Forex Candlestick Goals and Strategies

  • 2. Traders profit from changes of foreign currency rates by setting reasonable goals and then developing strategies to achieve those goals. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 3. A common trading approach is to use Forex charting with candlesticks to read market sentiment and enter profitable trades. With the use of this age old trading system in mind we consider various Forex candlestick goals and strategies. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 5. A common approach to trading Forex is to look for volatile markets. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 6. When there is a lot of price movement there is, in theory, a lot of potential for profits. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 7. Forex candlestick strategies that fit this approach are those that spot uncertain markets. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 8. A Doji signal is single a flat candlestick. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 9. This signal tells us that the opening and closing price for the day are essentially the same. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 10. The Doji may have long or short shadows meaning that the stock may have traded much higher and lower or not http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 11. A Doji may occur after a Forex uptrend, a Forex downtrend, or during a flat trading period for a currency pair. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 12. Anticipating a market reversal with the Doji has to do with what precedes the signal. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 13. The Doji indicates market indecision. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 14. When it occurs after a well-defined uptrend it is a strong indicator of a downward reversal. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 15. When it occurs after a well-defined downtrend it is a strong indicator of a market that may head downward. During a flat market it tells of indecision but not market direction. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 16. Forex candlestick goals and strategies regarding the Doji are first of all of make a profit on a market reversal, ideally doing this repeatedly in a volatile market. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 17. The second part is to be patient and to wait for the signal. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 18. The beauty of trading with candlesticks is that the signals are clear and easy to read. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 20. Wait for the signal. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 21. Trade, get out and count your profits. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 23. Other Forex candlestick goals and strategies have to do with correctly reading surprises in the market and profiting thereby. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 24. A good example of Forex goals and strategies with market surprises lies with the Morning Star signal. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 25. This signal starts with a long black candle which indicates a day in which the traded Forex currency closed significantly lower than it opened. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 26. The second candle has a bottom lower than the first which tells us that the currency gapped down on the opening of the second day. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 27. This candle is quite short which tells us that no matter how much trading took place that day the currency end up pretty much where it started. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 28. The third candle of the Morning Star in Forex trading is a white candle and a longer one. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 29. When this signal is very strong its bottom lies above the top of the second candle, indicating an opening trading gap for the day. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 30. The signal is even stronger if there is an upward gap on the subsequent day. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 31. The third candle should close at least at the level of the upper half of the first, black candle in order for this to be a Morning Star in Forex Trading. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 32. This is reverse signal and exhibits a dramatic and often surprise ending to a downward trending market. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 33. In Forex trading with Candlesticks this signal is a strong indicator of a change in market sentiment. The longer the black and white candles the stronger is the indication that market sentiment has swung around from bearish to bullish. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 34. As with all reversals of bear markets there are two possibilities. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 35. The market may simply have become oversold in which case the reversal is likely to bring the currency price to a rational level. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 36. Or, fundamentals may have changed, in which case the Morning Star in Forex trading will commonly predict a more substantial and longer lasting upward movement of the market. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 37. The key to using Forex candlestick goals and strategies is that one can pick the conditions in which one will trade. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 38. Then one will await the correct signal. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/
  • 39. This removes guesswork and leads to profits. http://www.forexconspiracyreport.com/ forex-candlestick-goals-and-strategies/