Candlestick chart patterns

[FiringSquad13]

I am the first to admit that I am a bit of a novice when it comes to looking at candlestick chart patterns.  I consider these to be very important when deciding when to enter or exit a market.

 

I wonder if others would mind putting up a chart with a particular chart pattern with an explanation of what the significance is for the pattern.

 

Thanks in advance.

[Guest edijssemjonovs]

I guess you exit the contract when you feel its too risky too loose what you already have.

[Guest TimP]

Hi FiringSquad13,

 

Have you taken a look at our introduction to technical analysis, found here?

 

We also have a couple videos on our youtube channel on different candlesticks -

and

.

 

Hope this helps!

[FiringSquad13]

 thanks for that.  Very helpful.

 

I do like the videos that IG do.  I find them a really useful way of learing new strategies.  Keep them coming!!

[Guest TimP]

Glad to hear that! We are always grateful for feedback. If there is anything in particular you would like to see then please let us know.

[FiringSquad13]

 Is there a schedule as to what videos will be released?  I like the IGTV as well, but again would like to know who or what is going to be on in advance.

 

 

[Guest TimP]

Hi FiringSquad13,

 

I have contacted the market analysts regarding this and they are going to create some more soon. Once I get some specifics regarding this I will let you know!

[Guest idabida]

Hi, I hope you can see this chart:

 

 

Trade entered at break of 5 min Pin Bar at 08:45. LOW of bar is 10624.8

Move STOP as shown and EXIT trade at 10:25. HIGH is 10584.3

40 pips (roughly)

 

Price is trending DOWN

You could have exited at 09:50 or 09:55 when two pin bars appeared in opposite direction for about 60 pips