CANDLESTICK BREAKOUT This Chart Patterns Use… chart patterns, chart pattern, chart patterns in technical analysis, …
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can we buy silver physical qty from Jwellers as it has hugely corrected in last 2 to 3 weeks? For ex buy 1 kg silver now if dips further buy more hold till year end and get profit..good strategy..anyway silver is with you as an asset and value over the years are going up only
Assumptions Macro trend is in UP TREND C1 = left-hand candle = IMPULSE candle (draw fib 0% to 100% ie bottom to top in direction of trend continuation) C2 = right-hand candle = PULLBACK candle C2 "is" expected to break out to upside DISCOUNT ZONE (DZ) = 0% to 50% of C1 EQUILIBRIUM LINE (EL) = 50% of C1 PREMIUM ZONE (PZ) = 100% to 50% of C1
Q. when to enter a LONG trade?
A. We are interested in WHEN to enter trade on C2.
We are not interested in whether the breakout is strong or weak to upside…
The best entry is when price is close to EL. Typically this a zone… around 50%… called the Golden Pocket (GP = fib 38% to 61%).
Price pullsback to GP then enter trade LONG.
The incorrect candle Entry (Left hand example) is saying… it's too early to enter long in the early zone (100% to 75%).
The correct candle Entry (Right hand example) is better to enter in the GP zone…the example uses 50% (but that's not a hard rule [exact] it's a soft rule[fuzzy approximate])
Infact the bigger rule is from PREMIUM DISCOUNT theory in SMC concepts.
Look for SELLs in PREMIUM ZONE (or at EQUILIBRIUM LINE) Look for BUYs in DISCOUNT ZONE (or at EQUILIBRIUM LINE)
That's the real explanation. In up trend, enter in pullbull around the Golden Pocket zone of C1 (impulse candle)
Muhammad Habib Shakir:Β Allah is the light of the heavens and the earth; a likeness of His light is as a niche in which is a lamp, the lamp is in a glass, (and) the glass is as it were a brightly shining star, lit from a blessed olive-tree, neither eastern nor western, the oil whereof almost gives light though fire touch it not– light upon light– Allah guides to His light whom He pleases, and Allah sets forth parables for men, and Allah is Cognizant of all things.
Nice trading content for beginners. To effectively examine the workability of this content one needs a good broker like Mrs. Amelia Lopez. Her business Strategies are more suitable for new investors. Give her a try
can we buy silver physical qty from Jwellers as it has hugely corrected in last 2 to 3 weeks? For ex buy 1 kg silver now if dips further buy more hold till year end and get profit..good strategy..anyway silver is with you as an asset and value over the years are going up only
can we buy silver physical qty from Jwellers as it has hugely corrected in last 2 to 3 weeks?
The words don't correspond to the graphics. English is probably not your first language.
This video isn't clear but I'll summarize it.
Assumptions
Macro trend is in UP TREND
C1 = left-hand candle = IMPULSE candle (draw fib 0% to 100% ie bottom to top in direction of trend continuation)
C2 = right-hand candle = PULLBACK candle
C2 "is" expected to break out to upside
DISCOUNT ZONE (DZ) = 0% to 50% of C1
EQUILIBRIUM LINE (EL) = 50% of C1
PREMIUM ZONE (PZ) = 100% to 50% of C1
Q. when to enter a LONG trade?
A. We are interested in WHEN to enter trade on C2.
We are not interested in whether the breakout is strong or weak to upside…
The best entry is when price is close to EL.
Typically this a zone… around 50%… called the Golden Pocket (GP = fib 38% to 61%).
Price pullsback to GP then enter trade LONG.
The incorrect candle Entry (Left hand example) is saying… it's too early to enter long in the early zone (100% to 75%).
The correct candle Entry (Right hand example) is better to enter in the GP zone…the example uses 50% (but that's not a hard rule [exact] it's a soft rule[fuzzy approximate])
Infact the bigger rule is from PREMIUM DISCOUNT theory in SMC concepts.
Look for SELLs in PREMIUM ZONE (or at EQUILIBRIUM LINE)
Look for BUYs in DISCOUNT ZONE (or at EQUILIBRIUM LINE)
That's the real explanation.
In up trend, enter in pullbull around the Golden Pocket zone of C1 (impulse candle)
Hope it helps everyone.
What time frames are best to use?
Time frame??
This doesnβt work back test it your self people
Muhammad Habib Shakir:Β Allah is the light of the heavens and the earth; a likeness of His light is as a niche in which is a lamp, the lamp is in a glass, (and) the glass is as it were a brightly shining star, lit from a blessed olive-tree, neither eastern nor western, the oil whereof almost gives light though fire touch it not– light upon light– Allah guides to His light whom He pleases, and Allah sets forth parables for men, and Allah is Cognizant of all things.
at what timeframe this strategy work best?
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Marubozo & hammer pin bar-bullish it's gonna sell lot's of profit π
Plz sir explain on board
Oooh ok π
Good
okay but at what time frame is this relevant to, and does this dedicated for scalpers or swing trader
Nyc
Nice trading content for beginners. To effectively examine the workability of this content one needs a good broker like Mrs. Amelia Lopez. Her business Strategies are more suitable for new investors. Give her a try
Awesome sirji or bhi videos banaye AAP Strategies pe really awesome π
Tnxx
π₯π₯
https://youtube.com/shorts/HIDR8GWiL0w?feature=share
Long or shurt ??
Meaning if body breaks more than 50% don't buy?
Very good for 1 minute binary trade