Candle strategy is week by week.

[Brendan Hill]

Candle strategy is week by week and can be utilized on different currency pairs. On the off chance that the light was bearish, at that point the position will be long, if bull - short. Make certain to set a stop loss of 100-140 focuses and a take benefit of 50-70 focuses. At the point when the center of the week comes, we close the order in the event that it has not yet shut by benefit or stop. From that point forward, sit tight for the start of the week again and repeat the procedure, for no situation opening the transaction toward the finish of the current week.

[Hanan Öberg]

Forex brokers work as an intermediary and some brokers also provide signals to traders so traders can gain some profit. However, finding a reliable broker nowadays is really tough. Eurotrader is a secure broker for large investors and they allow traders with a whopping 111% deposit bonus.

[uncle gober]

Brokers serve as a bridge that enables traders to engage in forex trading. Therefore, it is crucial to carefully consider when selecting a broker. By choosing the right and suitable broker, traders can ensure a comfortable and secure trading experience. This is also something that I have personally experienced since joining Tickmill as my broker of choice.
 

[Hanan Öberg]

I am not addicted to EA trading much because whenever I used an EA, I suffered loss. But many traders are using EAs and they are comfortable with it.

[Hanan Öberg]

Forex is computer-controlled and that’s why people around the world can participate in trading. Several brokers allow traders with trading software on which traders can place trades.

[maspluto]

Forex trading is not easy or instant. It requires a process and time. Therefore, it is advisable to continue learning and practicing to sharpen your analytical skills so that everything can develop and improve in executing trades, especially with Tickmill as your broker.

[Nilde Lucchese]

Develop your performance with time and rectifying mistakes is a way to do this. If you find any lacking, then recover it as soon as possible because it is the spell of surviving in Forex for long. FXOpulence provides almost all facilities that a professional trader usually needs.

[Hanan Öberg]

Candlesticks are the real indicators so try to read to the patterns of several candlesticks to predict the price. Broker choosing is a tough step in Forex and if you make a mistake here, you will have to suffer in the very long time. FXOpulence provides a smooth mt5 trading platform free of all technical errors.

[uncle gober]

The ability to analyze holds a crucial role in forex trading. That's why it's important to develop analytical skills, enabling traders to accurately assess the market and derive benefits in collaboration with Tickmill broker.

[Hanan Öberg]

Candlesticks are the real indicators so try to read to the patterns of several candlesticks to predict the price. Broker choosing is a tough step in Forex and if you make a mistake here, you will have to suffer in the very long time. FXOpulence provides a smooth mt5 trading platform free of all technical errors. Their trading instruments like Indices1000, crypto500, USD basket and EURO basket are well-enriched.

[maspluto]

The selection of a broker should be carefully considered, as the broker serves as a bridge for traders to engage in forex trading. That's why I chose to join Tickmill broker, allowing me to trade comfortably and safely here.

[Fin_Trader]

I think candlestick patterns work on more than just weekly charts. Such models also work on smaller timeframes. At the same time, the same size of stop losses is not suitable for different pairs, since the volatility of different currency pairs is also different. Therefore, in some places stop losses will be smaller, and in others they need to be set more if the volatility of such instruments is high.

[Hanan Öberg]

This candle strategy involves taking positions based on the previous week's candle—long for bearish and short for bullish. Set stop loss at 100-140 pips and take profit at 50-70 pips. Close open trades mid-week if not closed by stop or profit, then repeat the process the following week. LQDFX broker provides a reliable trading platform with all technical tools available on their platform.

[pradegxs]

Candlestick strategies are one of the most efficient and promising in my view, because lots of traders focus on candlestick patterns, especially using authochartist software with HFM, which makes markets predictable especially where lots of amateur investors participate into trading.

Edited Tuesday at 10:28 PM by pradegxs

[maspluto]

For those who do not understand how forex trading works, traders should not immediately jump into a real account, first take advantage of a demo account or educational facilities from the Tickmill broker. This is done so that traders can learn first how it works, so that later traders are ready to trade on a real account to the maximum.

[pradegxs]

On 1/13/2020 at 4:47 AM, Brendan Hill said:

Candle strategy is week by week and can be utilized on different currency pairs. On the off chance that the light was bearish, at that point the position will be long, if bull - short. Make certain to set a stop loss of 100-140 focuses and a take benefit of 50-70 focuses. At the point when the center of the week comes, we close the order in the event that it has not yet shut by benefit or stop. From that point forward, sit tight for the start of the week again and repeat the procedure, for no situation opening the transaction toward the finish of the current week.

Using weekly candles as a guide for directional bias can work well for traders who prefer a more structured approach. The idea of taking positions at the start of the week and setting a fixed stop-loss and take-profit range is great for simplifying decision-making and managing risk. Closing trades midweek if they haven’t hit the targets also ensures you don’t carry unnecessary exposure into the weekend. 

[uncle gober]

In forex trading, of course, what must be done and learned in trading is to always try and understand how it works to make trading easier to understand and understand how it works so that it can be more profitable and successful in achieving everything with the Tickmill broker.