Why I Trade Using Candle Patterns

Podcast:

Find out more about Blueberry Markets – Click Here

Find out more about my Online Video Forex Course

#459: Why I Trade Using Candle Patterns

In this video:
00:26 – Why I use candle patterns
01:01 – Brokers offer you multiple indicators
01:41 – I deleted everything and started again
03:13 – Not all candles are equal
04:08 – Candles show you what’s happening in the market
05:05 – Blueberry Markets as a good broker option

I’m going to explain why I trade using candle patterns. Let’s talk about that and more, right now.

Hey, traders. This is Andrew Mitchem here at the Forex Trading Coach with the video and podcast number 459.

Why I use candle patterns

This video is really important because it explains why I use candle patterns and why I believe you probably should do too, and how it will massively help you with your trading.

You see, there are different ways of trading. You can be a fundamental trader, where you’re predominantly looking at news events, political events, those type of things, or a technical trader. I’m a technical trader. But even when you become a technical trader, there are still so many different ways of trading. And most people unfortunately get caught up in the hype and the glitz and the glamour of too many indicators.

Why I use candle patterns

You see, the Forex brokers are very, very good at offering you just an enormous basket of indicators. And everybody makes the same mistake when they start trading, as they think they are going to find this magical formulation of indicators that no one else has found. There’s a magical combination, the right settings, that just no one else in the history of trading’s ever discovered before. And this is what