Happy to give that to you for free. So heres the forex portfolio classic pattern that people are always looking for. It was through the roof and even if its small, a bunch of small little winners at the end of the day or the end of the week is, it adds. You get stopped out here, for example, and this will turn into a losing trade. By the way, the bearish pattern would be just the opposite of this. So click the share button below and share it with others.
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Youre not going to use it for other support resistance levels. And it goes all the way down and, actually, it goes all the way down there in the first three minutes. It finally does. Wed like to have these every day of the week or every hour of the day. Thats right about the time it stops working. We get another gap here. Candlestick patterns for day trading, now, I say overnight because this does tend to work best on daily bars, also weekly and monthly bars. What are the rules? What is Risk Reward Ratio, lets talk about a trade that has the best risk reward ratio, which is a reversal trade where you get in at the end of a trend, and then youre looking to trade a new trend in the opposite direction. Let me first give you the rules for.
And most people dont want it to come into the real body of the previous bar. You can get bearish kickers as well, so this is not when thats really occurring in a trend, but you do want at least a half a cycle if its just in the middle of a sideways market. Thats not the best way to. Say you need. Welcome to this video about one of my favorite candlestick patterns.
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Ive seen many times where if you put it at the close or the last bar, it could be a green bar and maybe the close would be up there. Thats somewhere there; probably right in about, there would be our reward. So some people are thinking rubber band trade strategy gap and go, some are going to by thinking that the gap is going to close and youve got this conflict. Well, just what I said gaps up and now youve got conflicting views in, therefore, the market goes sideways for most of the day. Please PAY IT forward BY sharing this video article ON facebook OR twitter by clicking one of the social media share buttons. Happy to share it with you absolutely free. So thats rule number one. Okay, were going, and then were good. And leave a comment below. That gives you more trades every day or every week if youre a swing trader, and they give you satisfaction. Fabulous, we love.
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But its a nice little pattern. Something happened from one day to the next that dramatically shifted the sentiment of the market. How to Calculate Risk Reward Ratio. But if you got value from it, please you have a moral obligation to pay it forward by sharing it with other people. The masses are aware of gaps, no question about. However, as it grows ever more popular across traders of all sorts.g stocks, forex, futures, etc. Im happy to share that with you. You need to decide what works for your brain cells, so understand too that scalp trades occur more frequently.
Thats really the best thing you can. The Japanese were way ahead. If it looks good to you. So were trading probabilities and this is the probability scenario and part of the reason logically is because after the market has a big move down, and remember this is not showing any pre or post market data. You will sleep well tonight. Well, because as more time goes by where things can happen in the market to change the market sentiment, and this is why; one of the reasons why I should say that the trades that have a better. So, my friend, if you like this video, please understand that its free. We gapped down this day. So if you are going to look for a market move after a gap, usually its going to be after lunch. So now this level, its not only a gap close, but it is a support level. Those interested in Trading Gaps (Gap Trading) for Daily Profit video that works in todays markets also showed an interest in this video: m/trend-following-system subscribe to my Channel for notifications when my newest free videos are released by clicking here.
And it is acting almost like a magnet really that yes, the markets are very aware of gaps. I dont want to trade within the average. I want that market to be more extended. Japanese Candlestick Pattern Thats Rarely Taught. But I have another trade setup called the rubber band trade. You get your movement where it breaks out. So gap trading is one of those classic techniques that everybody learns normally right at the beginning of their trading career, and its a very popular way of trading. We dont feel that gap that day. So lets say you want to use Golden Rod. So this would be one part of a trading methodology. Whats that Blue Line? So, reward to risk ratio. I love your comments, by the way, they really encourage me as well and Im giving away one of my favorite trade strategies, it is called the rubber band trade, which has a very high wind loss ratio.