Stocks To Keep A Close Eye On

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SavantGarde

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Yes Vicky Same Pattern, Occurs Quite Often & You Can Trade It Quite Confidently

To Gain Confidence In The Pattern Observe It For A While.

If You Want A Little More Relaxed Trading With Practically No Failure Of The Pattern Then I Would Suggest 30 or 60 Min TF Of The Same


Happy & Safer Trading

SavantGarde

The candle pattern which you discussed with doc. Was it this one??


If not, can you please tell me the dates on which it might be posted on??
 
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columbus

Well-Known Member
Yes Vicky Same Pattern, Occurs Quite Often & You Can Trade It Quite Confidently

To Gain Confidence In The Pattern Observe It For A While.

If You Want A Little More Relaxed Trading With Practically No Failure Of The Pattern Then I Would Suggest 30 or 60 Min TF Of The Same


Happy & Safer Trading

SavantGarde
YES, I still remember it, once you are saying ,even 5/10 min TF is only for
SCALPERS.
 

columbus

Well-Known Member
I am happy to know that this thread is getting the right ATTENTION which it
should get long back.Keep it up.
 
Yes Vicky Same Pattern, Occurs Quite Often & You Can Trade It Quite Confidently

To Gain Confidence In The Pattern Observe It For A While.

If You Want A Little More Relaxed Trading With Practically No Failure Of The Pattern Then I Would Suggest 30 or 60 Min TF Of The Same


Happy & Safer Trading

SavantGarde
Hi Savant,

From the above chart we can make sure that 2 conditions should be there for bullish trend

1) Both 5& 6 SMA lines should be in up move.
2) The gap between SMA lines and green candle bar should be wide, more wide more bullish the trend.

Regards
Balram
 

SavantGarde

Well-Known Member
Vicky,

If You Follow The 60 Min. TF It Has To Be Positional Till You Hit SAR, Therefore One Is Always In The Trade.

Will Post A Chart A Little Later In The Night

Check It Out Practical Consideration


Happy & Safer Trading

SavantGarde
 

vicky_ag

Well-Known Member
Savant Sir,
Isn't this the all famous Inner bar(IB) trading, wherein we look for opportunities when the outer bar completely overshadows the inner bar?

Looking forward to charts from you.
Vicky,

If You Follow The 60 Min. TF It Has To Be Positional Till You Hit SAR, Therefore One Is Always In The Trade.

Will Post A Chart A Little Later In The Night

Check It Out Practical Consideration


Happy & Safer Trading

SavantGarde
 

SavantGarde

Well-Known Member
Hi Vicky,

I Haven't Studied Candlestick Patterns But Plan To Do It In The Future, I Just Recognise The Fact That This Is What Happens Consistently When We See These Two Particular Patterns, It Probabaly Is Called Inner Bar If That Is What It Is Suppose To Look Like

Moreover, Atleast In The Currency Pairs On 60 Min TF, 99.5% Percent Time Never Hits The Stop Loss, Anyways You Will See What I Am Talking About When I Post The Chart.


Happy & Safer Trading

SavantGarde

Savant Sir,
Isn't this the all famous Inner bar(IB) trading, wherein we look for opportunities when the outer bar completely overshadows the inner bar?

Looking forward to charts from you.
 

pkamalesh

Well-Known Member
Savant Sir,
Isn't this the all famous Inner bar(IB) trading, wherein we look for opportunities when the outer bar completely overshadows the inner bar?

Looking forward to charts from you.
No Vicky..Positional trades are not about Inside Bars...The one that Savant Sir is saying is You trade with 60 min or 30 min TF charts and the Time of Holding might extend to a few days to a week or even Longer..SAR is Stop and reverse where your current Position is Stopped out and your next position(which follows after stop) is in the opposite trend..Normally 30 min charts are used for intraday and in 60 min charts you are always ina position, day in and day out...Will POSt some Charts if u need...Cheerz
 

vicky_ag

Well-Known Member
Savant Sir,
Waiting for the chart eagerly. My trade timings are after my day job @ around 7.30 - 8pm, but by that time, I would have already missed out on many moves for the day on an intra-day basis. So, practically, I am looking out for a positional strategy. A 60 min TF strategy would be the best.
 

vicky_ag

Well-Known Member
Kamlesh Sir,
Looks like I am having my day. Two experts at trading are now teaching me. :clap:
Would like to see the pattern you and Savant Sir have been talking about. Charts would be more helpful, especially if there are two of them, one from you and one from Savant Sir. :)

BTW, I am also currently in Hyderabad.
No Vicky..Positional trades are not about Inside Bars...The one that Savant Sir is saying is You trade with 60 min or 30 min TF charts and the Time of Holding might extend to a few days to a week or even Longer..SAR is Stop and reverse where your current Position is Stopped out and your next position(which follows after stop) is in the opposite trend..Normally 30 min charts are used for intraday and in 60 min charts you are always ina position, day in and day out...Will POSt some Charts if u need...Cheerz
 
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