Forex Price Action Basics – Candlestick Analysis (2014)

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  1. Great video, thanks a lot!
    I have a question, I am very new to trading so please bear with me – one thing doesn't stick with me – you say when candles are bearish – sellers are in control of the market, don't sellers want to sell higher? and buyers – buy lower? why does the price go down if the sellers are in control of the market? and why does the price go up (bullish candles, uptrend) if the buyers are in control of the market? I'm confused..

  2. wow the number of people who could not get the concepts of keeping questions to the end & to the current topic is absolutely shocking :))))) the presenter has a lot of patience

  3. 40mins into the vid was the clearest entry point for me. bearish Price slowed, hit an area of resistance, buyers showed signs of a comeback then it was followed by a bullish engulfing candle. A buy at the close.

    Even at the top of the previous downtrend buyers showed they didn't like 0.913 area. Not sure if it was a previous S/R but if it was it was another beautiful signal to sell once the bearish engulfing came in. A sell at the close

  4. Deleted them last comments can i ask how did the rice trader trade with candles in 1775!?? Ascwe had no internet or tv so howcdid he know what happened? Even if there was a news paper in 1775 how did it get to a rice trader in a field?

  5. 26:08 is a inverted candle right? Then you wait foro a confirmation candle which could be bullish or bearish as it was besrish but indescion so you wait even if its 1m 5m 15m chart if the candle after is bullish it goes up so you buy in this case it went down so you shoort to sell but there are so many candles that look alike ie dojis graveyard etc its easy to get mixed up so **after a uptrend you wait for a indecion then a confirmation candle which can be bullish or bearish in this case bearish jump on the short and then hold for 4-5 candles then sell am i right? Good vid though im abit drunk lol as been doing 10 hours a day trade uni there so much im gunna end up a drunk japaenese skint rice trader lol

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