Tag: candlesticks

  • Price Action- Three Black Crows

    Price Action- Three Black Crows This is a very simple setup. No indicators needed just simple price action. You do need to know your candlestick patterns. I will give you all the patterns you need to know and their explanations. This spread betting strategy is applied to BARCLAYS spreadbetting  shares , but it is a…

  • Hammer

    Hammer Bullish Reversal Pattern What is a hammer? The hammer is a bullish reversal candlestick. Most bullish reversal patterns this pattern will -occur within a downtrend or at the bottom of a trend -Often it is followed by a confirmation candle. Be aware with bullish reversal candlesticks this is a warning sign of  a possible…

  • Hanging Man

    Hanging Man Bearish Reversal Pattern The hanging man is a bearish reversal candlestick. Most bearish reversal patterns this pattern will -occur within an uptrend or at the top of a trend -Often it is followed by a confirmation candle. Remember with bullish reversal candlesticks, these are warning sign of  a possible change in trend, but…

  • FTSE 100 price action scalping

    FTSE 100 price action scalping Time frame: 5 Min / 1 min FTSE 100 Indicators used / Settings: none  / Price Action ******************************** Entry Rules: This is a very simple strategy that uses no indicators only price action based on candlestick patterns. I use this scalping strategy on the FTSE 100 trading. It requires a…