Forex Candlesticks Made Easy By Christopher Lee!on May 23rd, 2012 at 7:21 am
Forex Candlesticks Made Easy is a 59 page PDF by Christopher Lee. If you are really serious about trading your hard earned money then before you do that you must train yourself on how to read price action properly. Why? Because price action is the best technical indicator. All your trading decisions should be based on just the price action. Don’t make yourself confused by using other technical indicators that are lagging and of course derive their value from price action itself.
When it comes to trading with the price action, candlestick charting patterns are considered to be the best trend reversal and trend continuation patterns. After all what you are doing is to predict the turning points in the market. This often happen to you. You get into a buy trade once you have spotted the uptrend. You place a stop loss. After 10 minutes you are horrified to find the price moving back in the direction of the stop loss. You pray that the price stop moving down and start moving up again.
The price hits the stop loss. Goes down a little more and your prayer is answered. Price action finally starts to move up again. Where did you go wrong? You went wrong in reading the candlestick patterns correctly. What you need to learn is how to read the candlestick patterns correctly. This requires some training. But once you have gone through this Forex Candlesticks Made Easy PDF by Christopher Lee, you will start feeling confident once again in reading the candlestick patterns.
You see candlestick patterns have to be confirmed or what you call validated before you take action on them. The best method to confirm or validate the candlestick patterns is to look at the recent candlesticks just before the pattern and the recent candlesticks formed just after the pattern. When the price starts moving in the opposite direction, the most important question that will come to your mind is this-Is it a retracement or a new trend?
Forex Candlesticks Made Easy Guide shows precisely that. It shows you how you can figure out whether this is a retracement taking place or a new trend has formed altogether. You will also learn how to read the momentum in the price action by just taking a look at the candlesticks that are being formed. There is 60 days of no questions asked money back guarantee. If after going through this Forex Candlesticks Made Easy PDF you feel not satisfied, you can ask for a refund.