Candlesticks Vol 2 - Candlestick Sentiment
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enlightenment through excellent composition of words making everyone confused to live in a self made confusion.
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@YourTradingCoach Ahhh I think I understand, Thankyou for that clarification. and thankyou for these videos they are helping me alot :)
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very good video,thx
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YourTradingCoach - Thank you for the videos buddy
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In a bear candle wouldnt buyers be in control and a bull candle sellers r in control. Bull would indicate that buyers are giving into the sellers right?
KoreanDancingFool 7 months ago
@KoreanDancingFool
It's common to hear it stated that in an uptrend (or a bull candle), it's the bulls (or buyers) who are in control. And vice versa for a downtrend. "Control" is a poorly used word here, which is the source of your confusion. What it means is that the buyers are driving price higher. They are chasing price higher and higher in order to get into the market; their orderflow overwhelming any bearish orderflow through greater numbers and/or urgency to transact.
YourTradingCoach 7 months ago
Lance , Im hook up to your lessons here.
Very nice work man. thanks
szczaw55 1 year ago
@szczaw55
Hi szczaw55,
Thanks. I'm glad you like the candlestick vids.
Happy trading,
Lance.
YourTradingCoach 1 year ago
in 4:44 even you got confused bro! its so confusing but thanks a lot for the video. amazing explaination
alladarwish2424 1 year ago
@alladarwish2424
Hi alladarwish2424,
LOL! Not confused... just stumbled over the words. Candlestick patterns are actually quite simple. It just takes a bit of practice.
Cheers,
Lance.
YourTradingCoach 1 year ago