Candlesticks - Vol 6 - Hanging Man
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Uploader Comments (YourTradingCoach)
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All Comments (24)
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YOU ARE THE BEST!! THANK YOU
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Another excellent video! Thank you.
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What a great explanation!
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Would you say that the hanging man does not apply to the forex market but should be intepreted as a hammer instead? Thank you. These videos are great. Thank you for uploading.
FXSwissTrader 2 months ago
@FXSwissTrader ,
Hi FXSwiss Trader, Thanks. I'm glad you've enjoyed the videos. A hanging man is a top reversal pattern. A hammer is a bottom reversal pattern. Although the individual candle's look the same, the context is different. Both apply to forex.
YourTradingCoach 2 months ago
At 6:01 from the right over, the 17th candle(red) between 2 long green) is that a shooting star w/o a confirmation ?
trungfu2 4 months ago
@trungfu2
I'm not 100% sure which you're referring to, but from the left, the 17th could be a potential hanging man, not a shooting star. From the right, the 17th is not between 2 long green candles. It's all irrelevant though. Without confirmation, or without considering context, it's not a trade.
YourTradingCoach 3 months ago
Thank you for such a simple explanation and I do agree with comments > A great presentation! Will go to your website. Keep it up Coach! Much appreciated.
angie3311 1 year ago
@angie3311
Thanks angie3311,
I'm glad to hear you've enjoyed the candlestick vids.
All the best with your trading,
Lance
YourTradingCoach 1 year ago