This makes so much sense. I've tried using the hanging man especially (over the hammer) and it has not been very accurate at all. Thanks for verifying my thoughts on the hanging scam. :-)
@kaustshroff3815 жыл бұрын
You are without a doubt one of the best KZbinrs regarding Forex trading. I truly appreciate your videos, as I am so new to this profession.
@charlesholloway61024 жыл бұрын
Very appreciative of the information you present. I am always watching your videos and taking notes
@marmap99396 жыл бұрын
IMO an inverted hammer at resistance makes much more sense than a hanging man.
@davidjones24526 жыл бұрын
I would definitely agree with you on that.
@cosmopolitanmind55835 жыл бұрын
If I'm not wrong, an Inverted hammer at the top of a uptrend or at resistance level called a shooting star.
@Geeza-rc9kz6 жыл бұрын
Thanks for another great video. I'll go and check out the engulfing patterns now 👍
@AliveforAPurpose6 жыл бұрын
Always look forward to your videos, helpful as always. Thank you so much.
@sagarbhamare69976 жыл бұрын
thanks, David & 212 for amazing video tips for trading
@DubstepDinosaurs6 жыл бұрын
Appreciate your videos. I like the 3 monitor setup and the office vibe there.
@haadisaqib17875 жыл бұрын
NOTE: GREEN Hammer Candles is better reassurance of a reversal rather than a RED but it doesnt matter which color.. it just shows price
@yusuframdane22216 жыл бұрын
Thank You very much for all the GREAT Effort you are making, hope you GREAT Sucess
@TGBMedly2 жыл бұрын
David, I am really learning a lot from you. Can you tell me more on what to know for trade swinging and how to read candlesticks. I am watching all your videos but noticed these were filmed awhile back. Thanks David. From Ohio the usa
@JOKBO16 жыл бұрын
Hello Mr.Jones. You once said that sometimes it's better to simply look at the price action and don't get into a indicators overload. Having said that, which indicators and patterns are your favorite when trading? Which ones do you find being the most helpful in your trades? Thank you.
@davidjones24526 жыл бұрын
Hi, you are right that for me it is mainly about the price. But I will look at candlestick patterns like engulfing and RSI divergence now and again.
@JOKBO16 жыл бұрын
Thanks for the reply. I actually ended up looking at those as well plus the MACD. Engulfing candlesticks are a really good pattern when I'm trading in the short(ish) term
@abdellahlaglasse75742 жыл бұрын
do we need to wait for confirmation, for exemple , after a hammer ?
@stevejones40106 жыл бұрын
Thank you for the update.
@christhechief3 жыл бұрын
Thank you this was 🔥🔥🔥🔥
@ronaldbills52766 жыл бұрын
Mr Jones, I am in Guam, have been trading but not real successful, you fill in all the gaps of questions that have gone unanswered. I do have a question. What are some of the lengths of your trade, do some of them go for the week, over the weekend and also possible much longer, from your explanations it would appear that some trades go for an extended time frame. Also when you take your trade, do you base the trade of the 15 min, 30 min, hour, daily, weekly etc. I really enjoy all of this and want to be a very successful trader. You do a great classy job. Also do you recommend any particular brokers to use? Thanks
@davidjones24526 жыл бұрын
Hi Ronald thanks for the question. I tend to look at hourly and daily and not really much shorter. I have trades that run for weeks and some for a few days. The most important thing for me is where does the stop loss go - which is why I look at the higher time frame stuff, I do not want to get taken out in the noise of a 5 minute chart. As the part of the world you are in is a USA territory, I am not sure what broker to use as the rules are very different unfortunately - you can't use Trading 212 for example. Sorry I can't help with that one.
@gambohassan85816 жыл бұрын
Thank you for the video you the best
@fabriziogambardella13504 жыл бұрын
The hammer like the engulfing candlestick strategies are useful for intraday trading or only for multiday trading? Thanks
@TrunXo46 жыл бұрын
Hi , i dont understand why u would put a stop loss above a hanging man? i was thinking a stop loss is to prevent further going down?
@davidjones24526 жыл бұрын
Hi, it is if you were going to go SHORT because of the hanging man i.e. selling because you think the market is going to drop. You are right that if you were already holding expecting more gains then putting a stop loss below the low would be one approach.
@abiebi115 жыл бұрын
Does the hammerhead candlestick reversal also mean a reversal if the share is trading sideways?
@Prabhu_Anandan6 жыл бұрын
your videos(teaching) was really helpfull thankyou sir
@deemajor75065 жыл бұрын
So when you’re reading candle stick charts the main patterns or only patterns you look for are the hammer and bearish and bullish engulfing patterns?
@homefood18684 жыл бұрын
Hi Thanks for the info, do we need to consider this patterns of candles for day to day or with in day for each minute. Thanks in advance.
@TucaLoni6 жыл бұрын
what about when they are inverted?
@lsenthil925 жыл бұрын
Can we use these single candle stick patterns for intraday?how accurate are they for intraday?
@kathyfromthephilippines32306 жыл бұрын
im a newbie, i dont understand stoploss, exit trades, does it mean when it is two ticks neaer the high i have to sell off my shares?, thats the part i get confused, entry means buying the stock,exit means selling? what part of the candle will i sell it off? thank you in advance for answering
@Trading2126 жыл бұрын
Hello Kay, you may watch the videos on Stop Loss orders and Candlestick Charts in the channel. Here are some of them: Where to Place Your Stop Loss Order - kzbin.info/www/bejne/gYK6Y6tua6d7Z7c 3 Tips for Stop Losses - kzbin.info/www/bejne/pIvIkql_qsaLqKM The Disciplined Way To Move Your Stop Loss Order - kzbin.info/www/bejne/npyuqIOkapupo5I How to Read Japanese Candlestick Charts - kzbin.info/www/bejne/hXipqaNphc6rnZo Japanese Candlestick Basics - kzbin.info/www/bejne/jGHKo3ygps94ars Candlestick Engulfing Pattern Tutorial - kzbin.info/www/bejne/d3yyl5eGgrZ9m5o Dark Cloud Pattern for Beginners - kzbin.info/www/bejne/oau1f6V6gr2fqbs You may also start a live chat with a customer care representative, in case any particular questions arise - www.trading212.com/en/Contact?startchat.
@TenTonNuke5 жыл бұрын
Instead of learning all the names of indicators, I've always just imagined the chart turned 90 degrees and seen the color bar as the bubble in a level or a weight on a rod. When the weight slides all the way to the end of the rod, it moves the whole thing toward the "left" or "right." That's hard to explain and easier to just visualize.
@TrooperTrading2 жыл бұрын
nice, I visualise the chart flipped upside down, same story on both ends
@bhuralal52994 жыл бұрын
can hanging man candle have small upper wicks?
@FaraLiza2 жыл бұрын
wonder why don't you pair it with volume when studying candlestick pattern
@ivankatungi95426 жыл бұрын
Where would you put your take profit
@Michael-it6cu4 жыл бұрын
Thank you very much. It was amazing.
@birendradhojshrestha92373 жыл бұрын
Thanks David
@muhammadrezagholami36505 жыл бұрын
i loved it pretty much and i've found it really simple to understand. on minute 7 in the video 0.5 fab there is a red candle which is kinda like the hammer, is that it?
@haydenh22835 жыл бұрын
For any strategy to be able to have a deliberate positive effect, the under line pressures must come together in a reliable way and that is impossible cos the billions of combinations of accumulations of independent underline reasons say so.
@yasiradeelnaqvi77346 жыл бұрын
Thanks Very Helpful
@bladeee0076 жыл бұрын
Nice video. Thank you
@winningtrade88875 жыл бұрын
Sir pls share your chart time frame
@BaharSangkur5 жыл бұрын
Thank you from Bali
@ItsAboutYOUofficial6 жыл бұрын
Hi easily understandable. Can u explain how short selling work. I had AUD 3000 cash in my account. The share price was AUD 15 at that time. The market is trending downward and I decided to short sell. I wanted entire AUD 3000 to short sell. So I put the quantity to short sell as 200.(3000/15). Theoretically, my cash in the account should be zero after short selling. But another AUD 1500 was in my account. How come that be?. So I had to short sell several times to make my account zero. Can u please explain this to me?
@Trading2126 жыл бұрын
Hi Dinindu, that is caused by the leverage when trading CFD instruments. This video sheds light on the topic - kzbin.info/www/bejne/bXS6m42ripeaaKM.
@andreicatalin76656 жыл бұрын
Hello. Please make a video about parabolic SAR
@omwithme62776 жыл бұрын
andrei catalin please, I love that indicator!
@ArwinTorrecampo6 жыл бұрын
Hi, can this be also apply with 1day charting? Thank you.
@davidjones24526 жыл бұрын
Sure - although on shorter term charts, like most things, the signals will arguably not be as reliable.
@Sanitarium6196 жыл бұрын
does this pattern work on all timeframes? or just daily??
@Trading2126 жыл бұрын
Generally, it is believed that the bigger the time frame of the chart used, the more reliable the trading signals are.
@meaningoftheunicorn6 жыл бұрын
Yeah, the hammer is quite reliable. Not so much so with the hanging man. I agree with others who have said the inverted hammer is a (reasonably) reliable indicator.
@bobmindyou6 жыл бұрын
What are your favorite indicators?
@HelmutVonShprüngle6 жыл бұрын
I have watched several videos about the "hanging man" and the "hammer", both in English and French, and i still don't get what is the difference between these two figures ? All of you are showing the same type of candles and calling them alternatively with both names !
@Trading2126 жыл бұрын
Hi Nicolas, put simply, according to the theory, the Hammer is a signal for a trend reversal in a downward trend, hence, the beginning of an upward trend. The Hanging Man signifies a reversal in an uptrend, or the beginning of a downtrend.
@ahmedorabi54974 жыл бұрын
Thank you
@princessgirl506 жыл бұрын
Thanks for telling us at the end about making sure the bell is clicked to get notifications. I didnt know that. :-)
@joycekanyangii76795 жыл бұрын
Thank you so much.
@mininigenovesi73336 жыл бұрын
Guys I'd love if you make a video on gdx (on which i am invested), the most undervalued sector worldwide. And mostly on the last week's movement, that myself being an ignorant person, i thought it as a sort of washout, or not? Thanks
@kunstderfugue6 жыл бұрын
Hey, can I join Trading212 from outside the UK?
@Trading2126 жыл бұрын
Put simply, yes. Feel free to get in touch for more info - www.trading212.com/en/Contact?startchat.
@vijayalakshmimm20133 жыл бұрын
Good one
@omwithme62776 жыл бұрын
GREAT.....
@JustinAnsako6 жыл бұрын
Looks like pinbar?
@guilhermegilmoura86236 жыл бұрын
very nice
@AirElegant6 жыл бұрын
This is my favourite hammer.
@Lando0o5 жыл бұрын
The hanging man when I follow it to a t usually works out still doesn’t work out every time but if your using just hanging man and hammer you don’t need to be in The markets