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The long black candlestick is 'the mother' and the small candlestick is 'the baby'. The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle's body.
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A Back-tested Profitable Strategy for Free!!
A PIVOT INTRADAY STRATEGY for 5 minute Time-Frame , that also explains the time condition for Indian Markets
The Timing can be changed to fit other markets, scroll down to "TIME CONDITION" to know more.
The commission is also included in the strategy .
The basic idea is when ,
1) Price crosses above ema1...
OK let's get started ,
A Day Trading (Intraday) Consolidation Breakout Indication Strategy that explains time condition for Indian Markets .
The commission is also included in the strategy .
The basic idea is ,
1) Price crosses above upper band , indicated by a color change (green) is the Long condition
2) Price crosses below lower band , indicated by a...
This is the second lecture of the series "basics of the stock market". In this class, we will discuss few candlestick patterns and will try to identify those in the chart.
Auropharma – 831 to 750 What a crack!
Risky Traders – get ready to lose 4-5 points and gain 50+ points – closing statement in the video idea – “Once bitten twice shy” as of 4th Dec 2018.
If the stock moves in line as you expected giving us an exact entry as well to be precise 825-827 zone when it closed overnight at 821 levels has to be dream come true...
![RELIANCE: BACKTESTED PIVOT INTRADAY STARTEGY [INDIA MARKET TIMING]](https://s3.tradingview.com/i/I5NTlxDs_mid.png "BACKTESTED PIVOT INTRADAY STARTEGY [INDIA MARKET TIMING]")
