HOW tO USE DAILY CANDLE fOR ENTRY: SIMLPE FOREX TRADING STRATEGY fOR BEGINNERS
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- Опубликовано: 15 сен 2024
- How to use daily candle for entry addresses the many questions on how do you get your Lower Timeframe entry. In this video, I showed how to spot entries either above or below CLOSING PRICE.
DISCLAIMER: NEVER TRADE AGAINST HIGHER TIMEFRAME STRUCTURE.
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I backtested this on 4 forex markets using a period of 1month, I took 50trades targeting 3Rs and it was great. Won 33 and lost 17. What a great strategy
This is amazing... Keep grinding
Finally!!! I was doing this on my own and have been looking for a trader with same approach. It works!!! Great one bro
Keep grinding
Exactly
I am so glad you explain how the directions move from open to closing for bullish and bearish candle. You are the first person I have seen to do this. Great job!
Thanks for your feedback n support
Finally, I understand this. One of my friends uses this model and add liquidity to it every morning and I hardly see him hitting SL. Though, he trades currency pairs. I am glad to understand this now. I am writing this in my now then go on practising for at least a month.
I glad it helped
Great job of explaining a fairly simple concept that the vast majority of day traders overlook ! - a market once put in motion will continue in the same direction until it's met with and equal and opposite force that can turn it
Thank you. Everyone wants to teach you how to trade the noise but I want and been wanting to learn how to skip that crap..Thank you so much My trading is less noisy and more pleasant to trade. Wow new word for trading Forex pleasant
Glad to help
Before i saw this video i was already practicing this method and i encountered it by myself. I hope it will give me fruit of life God bless you Mentor ❤❤
So nice of you
Big Respect bro ❤ I builded something Magical on your concept
Just a wow! This is the easiest explanation I have ever come across 😯
Thanks for your feedback Sir
Awesome
Man devour chart like ICT itself. I believe in this strategy bro...👍
@@ndotenyinetighe7229 thank you for your support💪
It wll be true coz I have been searching for it but I was trying to counter it but the same method for now I will use urs😂
Powerful ldea more videos mentor big thanks
Thanks bro. I love your growth
اول مره افهم مالذي يحصل داخل الشمعه
Wow i was also making this strategy in 1 min got new reference points many thanx brother
Thanks for your feedback
I am grateful bro,I apply the same strategy to FX and it working
Thanks for your feedback. Keep grinding
am from uganda you really open my eyes. be blessed dear
Great. Thanks for your feedback
i tried to figure this out but i couldn't coz i know nothing about open,close,high,low stay blessed bro. Thanx a lot
Thanks for your feedback
Powerful staff 🙏
Thanks
My dear Brother proloy mozumder for you And your family all member accept happy New year 2024.and thank.from sirajul islm from comilla. I am forex student.i follo hunter.thank you so much.
Thanks Sir. Happy New year
God bless you.
Amen
thank you for the video, can we use this concept on the lower time frames as well ? please let us know
Yes boss
That was a truly amazing insight, yet so simple. Thank you, sir, I'm going to study that over and again. 👍🏻
Glad it was helpful!
what a lovely teaching Sir, GBU abundantly
Keep watching
This is pure gold.... thanks for sharing this wonderful module.
You're very welcome!
U answer acouple important questions i had regardin what phase d candles go into first..thanks alot for this video
REFRAIN UR QUESTION SO I CAN UNDERSTAND IT
@@smarttradersnetwork22 i always wanted to know what direction a bull and a bear candle go first. This video help me alot in understanding that and other things...Much thanks
Thanks for your feedback
Great video man. Nice one
Thanks
This is powerful thank you sir
Thanks Sir. Let's know how you want us to help
Very informative, im watching all the way from Kenya.
Thanks for watching.
Thanks... Let me know how you would want us to help you
Great content so powerful. You are a great teacher. Thank you so much for the lesson. Regards
thanks sir
Thank so much Sir. Sir, i wanna ask u that as u used 5m time frame, can I use 1h time frame for entry instead of 5m entry at the same time using daily candle mark?
Yes sir... But I'll prefer M15 max
ok sir... thanks for sharing. D1 to M5, If W1 to? what time frame for check the structure to find the spot Entry?
Weekly to H4 to M30 for entry
Daily to H1 to M15 for entry
🔥🔥🔥
This is beautiful 🔥🔥🔥🇿🇲
Great content. Thanks for the upload. After marking the PDC price, you are looking at market stru/FVG in 5 min for short or long entry. Generally, we don't see gaps in FX pairs. How does this change when we have a Gap open. Say bearish candle and next day gap-up open. do we still look for stru and FVG to enter or we enter at the gap-up open?
You use the gap but ensure it's below PDC for buys or above PDC for shorts
Thanks. What do you use now? The original one or refined one? Refined one is based open level and 15/10 mts. I like the original (close and 5 mts). Any reason for the refined one?
@orkayen watched the refined video on this channel
Wow very good lesson, thanks again.
Glad you liked it!
Does it work on currency pairs
Best ride is on currency
Good sir
Thanks for your feedback
Thank you sir for this strategy, I have a question sir, for instance price closed bearish on the daily time frame which means I will be looking to sell, do the first move of the candle on the 5mins time frame have to be bullish first?
Nope...
Very nice analysis.
How do we analyze as to how far the pull back will be from the previous day close price for a bullish and bearish candle. Thanks
DM ME
How can this be determined please?
Mark your PDH, PDL, OPENING PRICE and look for accumulation below opening price or distribution above opening price..
If you need more help, dm on telegram. Link in the description of this video
@@smarttradersnetwork22hy
Thank you very much for the free valuable content and stay blessed
Thanks for your feedback
great video sir thank you
Thanks for your feedback
It wll be coz i have been searching for it to months ago
Walahi God will bless you.... Ahhhh. This is a mind opener
Thanks for your feedback
Fast allow me to say thank you sir, kindly let me ask, does this means I will be waiting for new candle to start forming at the midnight or I can execute the trade position any time, kindly advice??
At open of the candle
@@smarttradersnetwork22 meaning the strategy allows us to trade in the morning?
I love it
Thanks
JUST PURE GEMS!!!!!!
Thanks for your support
It really cool. Can you apply this to boom and crash indicies? I normally buy boom and sell crash
I will not recommend this for BnC I recommend you watch the Boom and Crash series on this channel
@@smarttradersnetwork22 ok sir
Thank you sir
Can I use any candle for this, like the monthly ? That would be very quiet I would think
Weekly and daily is fine. If you use monthly, you will have to wait for days without taking trades
is it always you make an entry at the two most recent candle the prevoius one candle before the most recent one candle?
Recent
LIKE ICT SAID I'M THE MENTOR OF YOUR MENTORS, AND I'M FREE!!!
Any consideration for Gapping?
Yeah
The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start Making a good profit now because future valuations are all speculations and guesses.When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. But all thanks to Eric Birger for his amazing skills for helping me to earn 15.6 Btc through trading chart. I believe we are in the spring phase..
Armed with Eric Birger's insights, i and my team have seized favorable market conditions, accumulating an impressive 12.7 BTC. His mastery of risk management has been instrumental in our success.
Birger comes highly recommended, and he is by far the best TA I've ever worked with.
His strategies have been extremely profitable for my crypto trading as I've watched my portfolio grow by six figures under his guidance.
Trading is about limiting losses when you're wrong and maximising gains when you're right, not about being correct all of the time.
This trader's my kind of crypto sherpa! how do i actually get to him?
how we consider take profit ,from PDH and PDL ?????
If Bullish, PDH. If Bearish, PDL
this'is ICT !
Everything on RUclips born from ICT. ICT is king 👑
is there another video of this
Yes
it this applicable in xauusd?
Yes
Does it work on all currency pairs
Yes sir.. I expected you to Back test it before asking this question
How can I start trading synthetic
Go to deriv.com and register an account.. Get a demo account and a real account if you already know how to trade...
Does this work for all synthetic like vix 75
Yes Sir
I didv
What exactly ma?
I backtested same thing on previous candle and it worked, but it does different thing on live market, why?
How?
@smarttradersnetwork22 the way the candle reacts on live market is different. How do I know the starting point of the candle and where its going to end. Remember doing the London session open by 7am nigeiran time. The candle doesn't give a full length it only gives you half.
My question is, what time does the daily candle starts to form? Does it keep the same direction
If it shows bullish by 7am after the Asian range, is it going to be bullish the whole day?
Please I look forward to your answers 🙏🏼
@@princejunior34 watch Day 3 of the Boot camp series on my channel or send me a DM t.me/+Uo5Sp_QMoorEaMI2
@smarttradersnetwork22 please how can I send you a dm, I can't find the admine of the group
@@smarttradersnetwork22 I can't find the video on your channel here, is there a link to the video?
Please 🙏🏼
Very informative content.
Glad it was helpful!
You can't know if a candle will be bullish or bearish at the opening. Otherwise we would all be rich🤣.
Eg: A bearish candle can open, then continue bearish. Then it goes bullish to create a wick, then it goes bearish again😂
Okay👌
At least he made an effort and tried his best to present something valuable for free, but the Idiot is the one who can criticize l, but has no solutions and by the way I added to this strategy some fractal and ICT technique and it work like Magic
@@Soccer1987 bruh!! We are all professionals here sharing opinions. No need for name calling. if it works for you. Then good for you. Eat your money.
I wish you more profitable years.😅👍
One question on next day around which time/session we should look for entry?
London is 7am to 10am Nigeria time..
@@smarttradersnetwork22pls does this strategy works on deriv synthetic indices like jump25 ,range breaks, v25 v75 s
Ana ka cawina strategy shaqene on synthetic indices hada rabto
@@futbolidol539he has given an example using V25, so it obviously works on them!
@@futbolidol539it does
Does this strategy work on market?
Which market are you referring to pls?
@@smarttradersnetwork22pls does this strategy works on deriv synthetic indices like jump25 ,range breaks, v25 v75 s
Boom crash strategy shaqeyso anaa kaa cawina hada rabto
@@salmoali-zx8cd English please
@@futbolidol539 I said I can give him good software ND strategy for boom crash n vixs.
this opens my mind to enter the market with confident on my daily bias. great lesson sir. god bless you more.
Amen
Once you trade it in line with the trend, you will be fine
@@smarttradersnetwork22 thank you so much sir
Extremely great content
Thanks for the feedback.
Great content, very powerful analysis but video quality and presentation need s room for improvement.
Thanks for your feedback
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You're just explaining candles that have already formed
How about you check out my previous videos of analysis before and after
you don't expect him to show a candle that hasn't formed yet, to you ???
Wtf...what a complete waste of my time....8 minutes to explain a bullish an bearing candle 😂😂😂😂
No vex
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