Categorized | Forex Videos

How to Read 4 Hour Candles for Day Trading the Forex

In today’s weekly trade example I’ll show you how I read candle action on 4 hour charts (which are very good for setting up day trades). I see a lot of people using candles improperly, so I hope you find this video helpful. You’ll discover in this short clip that the use of 4 hour candles (or higher) for setting up day trading opportunities, isn’t that difficult — but obviously you need to do it right. And you’ll also see just how powerful the moves can be in terms of reward/risk when you put the candle information together with a solid pattern to take advantage of the move.

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