One Candle Stick You Should Know About (EP 1)

Transcript

We welcome you to the Marvel Traders Hub community. How is it going with you? How is your day going? Yeah, today we're just going to be showing you one of our trading model. Yeah, one of the ways we enter our trades. Are you getting it? You can trade it either the Forex. the index, commodities, ETC. Are you getting it? This model work across different pairs. Are you getting it? So at this point, let's just briefly go through our introductory post as a community. Yeah, the Marvel Traders Hub is a community that brings... traders together. It's a community where different traders come in, they share their trading idea, they journal their trading, and they learn from each other. Are you getting it? That's why we decided to come today to share with you one of our entry pattern. Are you getting it? Before entry trade, there are some things. there are some criteria that need to be checkmate, or there are some things that you need to see on the chart before jumping into a trade. You don't just jump into a trade the way you like. If not, you're going to lose much on the market. Are you getting it? Yeah, but let's just go through... some reasons why you need to join the Marvel Traders community. Yeah, to track your progress time to time and see if you are improving. Are you getting it? Because journaling your activities will help you in tracking your progresses time to time. Yeah, but when you go back, you check these words. this is what happened, this one of the pattern I saw in the market and this pattern keep on repeating and at least you're just going to improve, are you getting it? Then the second thing is to learn from other traders, other traders win and their failures for self-improvement. Then the last thing there is to be motivated and get good vibes from like-minded. individuals, that is to say like your traders, yeah, your fellow traders. Yeah, so upon this, let's just quickly go to our trading model, this is the trading view, and this was... a zone in the 30 minute time frame that we marked out yesterday. Yeah, you can see we marked out this zone yesterday. Yeah, we marked out this zone yesterday. And anticipating that the price we get back to this zone before pushing up a little. These are the USDA JPY. the US dollars versus the Japanese yen. Are you getting it? And on the 30 minutes time frame, on the 30 minute time frame, this will happen. The market was, yeah, you see this zone here. It was one of the resistance zone, or you can call it a supply zone that we drew. It's a supply zone that we drew a few days ago during the weekend. Yeah, we drew this supply zone. And we saw our price reacted to this zone. Our price reacted to this zone. And you can see the price has just been given a sideways movement when it got to that zone. Are you seeing it? These are charts. is our chart on the trading view we also drew another demand zone at the down right here but price has not got into this level just take a look at how price is busy giving us some sideways movement are you getting it when it got to this zone that is to say this zone is a very strong zone now looking at the chart yesterday We saw one pattern that, you know, when you make the chart your friend, when you're always on the charts, the chart is going to unveil herself to you. Yeah, the chart is going to unveil herself to you. Take a look at this pattern, this candlestick pattern. It has the upper week and the lower week, they are almost the same, and it has... a small body. Are you getting it? But the week must be longer than the body. That's when you want to treat on this candlestick pattern. Now, let's take a look at this candle stick pattern. Let's just take a look at it. Now, all you just got to do is to bring your tools, draw it from the top of the week to the bottom of the week. Yeah, top to the bottom. Now, take a close look at it. The midpoint of this angle we drew now. It aligned with the center of the candlesty. Now, this is it. This is the pattern now. When we saw, when this pattern came up, you can highlight it from the top week to the lowest point of the week. And just take a look at what happened. Price went up. and came back to retest the main point of this, of the Wii, of this candle. Are you seeing it? And after Price retested it, we saw the rejection, even on the 30-minute's time frame, and you see that Price went up. Are you getting it? Yeah, we trade Price Action with, you can just see it on our screen. We don't have indicators, much indicators on the screen. At the moment, are you getting it? Because we just like, we love trading the price action, what the market is saying. Yeah, and you can get it from the candle formation because the candle formation tells you... what the market is doing at that point in time. Are you getting it? Yeah, with this, you can get, you can be able to get your signals on time when you learn how to trade with the price action. Because most of the time, before the indicator is going to tell you that, hey, all your, those your indicators, before they're going to give you, indicate that the market is already heading up. most of the time the market might have left the exact place that you could have entered it. So we learned to trade the price action. Are you getting at the live market? And it's very cool. So now, you saw what happened here. So let's just quickly take this off. We didn't enter that trade. We didn't enter it at all. So at this point, At this point, we saw the same pattern, the same pattern, the same candle pattern, at this point also. Let me take it off and redraw it for you to see. Oh, what did I take? Okay, I took off my feed. So let's just take off the candles. Now, are you seen this, this is the pattern here, this is it. Let's zoom it. All right, are you seeing it? So now, with our tools here, we just got to highlight it from the top of the week, down to the bottom of the week. Are you seen it? It's the midpoint of it, are you seen it? Good. Now, the second thing we did was to pick our gangbox two. Our gangbox two is one of the two. we do use in the, before entering a trade, yeah, it's one of the two, we use the gangbox tool, yeah, it's some, some they call it a strategy, the gang box strategy. Alright, so this is what happened right here. On this face, you can see the market is heading down. Yeah, of course we have. On this internal structure, we got the high, the lower high, the lower low, the lower high, the lower high, the lower low, we got the lower low here and the lower high. Are you seen it? So when you decide to draw a trend like this, you see it, that the market was on the descending phase. But let's, okay, and now, this. was the lowest high of the market. Now, upon this downward movement, this bearish movement, price did not take off this low so that it will form a lower low. Are you getting it? Instead, the price reversed from this point with a huge momentum candle. This candle you can see here, this is a huge momentum candle. are you getting it and by the reason of that it broke the previous lower high which led to a change of character that is to say the market has changed fees it's no more going down potentially it has changed fees so all we just look for is look for the pullback and upon the pullback if we spot a good reversa sink now we can enter the market from there are you getting it so at this point all we just got to do this gangbox we drew it yesterday yeah that was why i just decided to leave it on the chart i decided to leave it on the chart now this is our gangbox too let me take it off and rea We'll draw it again. This is our gangbox 2. As at yesterday, this was the highest point yesterday. Yeah, it was at this point we got the market phase for today. But at this point, we highlighted from that top down to this button. Are you getting it? This is the, now the higher low. because this law was the low that caused the change of a character. Now, at this point, we saw, this is the 75 area. The Gang Box strategy, don't worry, I'm going to emphasize on this on our second post here. We'll talk about different strategy, the Gang Box strategy. But we saw that price came to this 75 level of the gang box. Are you getting it? It almost aligned with the main point of this candlestick pattern. Yeah, price came to the 75 level and did not close below it. Instead, it reversed from that point. Are you getting it? So this was what happened. We decided to place our pending order. right here. This was our first pending order and this was our second pending order we placed right here. Yeah, because I know that I may not be on the screen during the early hours of the day because I didn't know when the market will get to that area, so I just got to place a pending order there. It's just with 10 peeps, yeah, a 10 -peep stop loss. It's 1 ratio 3. Yeah, it's 1 ratio 3. Now, this is a, let's just check on it. Now, when you go to the five minutes, when you go to the five minutes, you get the picture very, very clear. Are you seen it? You see this, this area that just looked like a consolidation. area, or you can call it, the price came down, went up, we tested it, came down, broke above it. Are you getting to it? It's a very strong zone. Now, taking a look at it, we saw that price came down and tested close to the midpoint. This lung we also placed here. You see? that it was triggered also yeah it was triggered and uh now prices almost at the tp these this was just a one to uh there's one to two point five uh risk reward yeah but for this one this not we just placed the long on the trading view we didn't execute this market Yeah, we just place the loan on the trading view just to see how the market is going to react when it gets to this zone. Yeah, we didn't, this is not a real money. There's no real money on this account. Yeah, this is just the trading view. Yeah. Now, what we got there, take a look at the reactions of the candle. This is on the 5 minute time frame. Take a look at it. You've seen this long week, this a week, this is a rejection showing that we got the buyers, they've stepped in. Are you getting, are you seeing it? There's a live market, I decided to use this live market to make this video so that you see what we're talking about. And now we are seeing that the price is going up and the price might get to this level. The price might get to this level. yeah, before going down. Wish it must have hit our TP, our intent TP. Well, thank you and thank you very much. This is one of the live entry on the USBJJPI, and this is one of the candlestick pattern that... We have been back testing and even testing it in the real-time market. And you saw it play. You saw it play on these two occasions, this first one and this second one. You saw it play live. So on your chart, feel free to go check this candlestick pattern on your chart. When you see it, just highlight it and watch our price is going to react. to this zone. Don't forget, it is the Marvel Traders Home, and we are here to share our trading activities.

Comments

More videos on 3Speak

• Pro Level Woodpecker Headshot in Free Fire | Game Sense & Accuracy! by @mybbangladesh
• Live Demo unseres KI Avatars, Frieda für Pflegeheime by @michaelreischer
• The Legend of Black Hand Riku. by @efootjoker-yt
• GODZILLA MINUS ZERO | Official Trailer 2 | Toho Sci-Fi Action Movie Reaction by @sergiomendes
• The Daily Steps #01 | 🌿 Exploring Waduk Setu on Foot by @bulkovam
• The Laughter of the Inari Statues. by @siaaam
• Pacific Warships Gameplay ⚓🚁 | Epic Naval Battles & Warship Combat⛴️🚀 by @dxjihad
• Darkness and the Symbiote Horde. by @rashed.ifte
• Billiards enthusiasts by @epicdrama
• Back to the Classics: My First Crash Bandicoot Gameplay at N. Sanity Beach! 🎮✨ by @diegoelpro
• Proses Pemancangan Tiang Beton Menggunakan Hydraulic Hammer by @almahdi-014
• Lux Intrat | Adoración Cristiana Eurodance & Trance | The Light Enters by @gusna