in my understanding, the mother candle is a candle that has a large body that almost no tail. This candle can be utilized as a support and resistent to certain timeframe. we can make a horizontal line at the high and low of this candle, then start trading if the price is approaching the high / low or even break the high / low that we use as a reference before
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mother candle strategy ko mein ney abhi read nahi kia aur naa hi mein ney iss ko kahin pey bhi find kia hey.mera iss strategy mein koi bhi experience nahi hey.iss qism ki strategy ko traders mere khayal mein mostly follow nahi kartey aur naa hi koi share karta hey.i have no knowledge about it.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Number of monger use four hour timeframe for realize mother candle and variety of monger use day one candle for realize mother candle.I think mother candle strategy improve in day only once frame.Thanks brother.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
hi all of the world I wish you good luck on stratigie I think you can give more information to understand
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I think the best use of this strategy is when combined with the RSI indicator or Dynamic zone RSI 2 indicator will give better prediction that the price will continue to fall and won't reverse in the other direction ... but in my opinion the take profit should be slightly less as or if it's measured according to Fibonacci lines drawn ....
But My question is what is the best time frame that this strategy work on??
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I have that full set chart. There is total 105 of different candle stick patterns.
Its really hard to remember all.Not all the patterns are profitable.Some are famous like doji,Shooting star,engulfing and so on.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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