Forex Zone - Forex Forum

mother candle breakout

Discussion started on Trading Systems

  • Sr. Member
  • Posts: 315
  • Points: 0
  • Likes Received: 44
  • Reputation: +0/-0
mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,
mother candle breakout in Trading Systems_51636368_999494060261514_2068078674883641344_n
Is this some kind of bearish engulfing? Which is where we are looking for long momentum or can also be called strong sell or buyer to mark the zone, then we will enter the entry tool if the price returns first? like that? thanks
#16 - February 09, 2019, 07:00:08 PM

  • Full Member
  • Posts: 122
  • Points: 0
  • Likes Received: 12
  • Reputation: +1/-0
Mother Candle

It is marked with a large candle followed by a few small candles afterwards, where the large candle covers all the high low candles.

Mother Candle can be a confirmation candle to determine the moment breakout

In theory, if a Long candle appears, then the next price will be in the direction of the previous candle
#17 - February 09, 2019, 11:14:19 PM

  • Jr. Member
  • Posts: 81
  • Points: 1000
  • Likes Received: 29
  • Reputation: +0/-0
Mother Candle

It is marked with a large candle followed by a few small candles afterwards, where the large candle covers all the high low candles.

Mother Candle can be a confirmation candle to determine the moment breakout

In theory, if a Long candle appears, then the next price will be in the direction of the previous candle
Good morning ... With the candle pattern that we already know and we understand it, with an engulfing pattern, the market conditions will change in price, with us being able to take advantage of such momentum, indeed forex trading feels easier to get profits.
#18 - February 09, 2019, 11:59:37 PM

  • Full Member
  • Posts: 222
  • Points: 0
  • Likes Received: 15
  • Reputation: +0/-1
mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,
mother candle breakout in Trading Systems_51636368_999494060261514_2068078674883641344_n
thank you, friend already shared. what time frame is suitable for the technique. can all pairs be used?
#19 - February 10, 2019, 03:34:34 AM

  • Hero Member
  • Posts: 742
  • Points: 338
  • Likes Received: 55
  • Reputation: +3/-6
hello
this technique is very good in my opinion
thank you for the review
is there a certain size about the size / size of the candle?
ok, thanks
I also see that this technique looks really good

and that is also what I am asking if there are special rules regarding the range made by the candle
#20 - February 10, 2019, 11:15:50 AM

  • Newbie
  • Posts: 37
  • Points: 0
  • Likes Received: 7
  • Reputation: +0/-0
I also see that this technique looks really good

and that is also what I am asking if there are special rules regarding the range made by the candle
#21 - February 10, 2019, 01:46:53 PM

  • Hero Member
  • Posts: 742
  • Points: 338
  • Likes Received: 55
  • Reputation: +3/-6


we just wait for this lesson to come back to give an explanation that is connected with the previous lesson
#22 - February 10, 2019, 01:50:13 PM

  • Sr. Member
  • Posts: 324
  • Points: 0
  • Likes Received: 49
  • Reputation: +0/-2
mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,
mother candle breakout in Trading Systems_51636368_999494060261514_2068078674883641344_n
This strategy in my opinion, will work optimally if the mother candle breakout occurs in the area of support or resistance. A strong indication of a trend reversal. It might be more effective if it is used for H4 time frames and above.
#23 - February 10, 2019, 01:53:43 PM

  • Newbie
  • Posts: 36
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
I guess it's not the mother candle ... if the mother candle is a candle full body without tails .. and the minimum length of the candle is 30 pips cmiiw
#24 - February 10, 2019, 02:02:08 PM

  • Sr. Member
  • Posts: 267
  • Points: 90
  • Likes Received: 54
  • Reputation: +0/-0
Mother Candle

It is marked with a large candle followed by a few small candles afterwards, where the large candle covers all the high low candles.

Mother Candle can be a confirmation candle to determine the moment breakout

In theory, if a Long candle appears, then the next price will be in the direction of the previous candle

One question.
So what distinguishes this technique from the Inside bar and Harami?
#25 - February 10, 2019, 02:29:42 PM

  • Hero Member
  • Posts: 742
  • Points: 338
  • Likes Received: 55
  • Reputation: +3/-6
I guess it's not the mother candle ... if the mother candle is a candle full body without tails .. and the minimum length of the candle is 30 pips cmiiw
whether the intended candle mother can be equated with morubozu, or whether it can have a shadow but with a shadow that is smaller than most forms of candles in general
#26 - February 11, 2019, 02:15:34 AM

  • Full Member
  • Posts: 177
  • Points: 0
  • Likes Received: 16
  • Reputation: +3/-3
does the small candle of his followers affect the amount as shown in the picture there are 2 small candles ??? ??
#27 - February 11, 2019, 03:16:32 AM

  • Full Member
  • Posts: 191
  • Points: 0
  • Likes Received: 55
  • Reputation: +0/-0

I just found out this trick .. In your experience what percentage of the percentage of success in using this technique. Looking at this one technique seems like a technique that can be used to think hard. Of course technical analysis ... I have not tried and I want to try this technique. If indeed this technique is very effective and successful ... I will definitely use it in each of my trades
#28 - February 11, 2019, 06:23:46 AM

  • Full Member
  • Posts: 247
  • Points: 1009
  • Likes Received: 26
  • Reputation: +0/-0
mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,
mother candle breakout in Trading Systems_51636368_999494060261514_2068078674883641344_n
do you mean sir like in this picture ?? we will enter the market when when the correction has been reached as momentum we take the opportunity ??

maybe you want to add sir?
#29 - February 13, 2019, 03:50:38 PM
Attachments:

  • Full Member
  • Posts: 124
  • Points: -5
  • Likes Received: 53
  • Reputation: +2/-0
mother candle breakout is one of my favorite strategies to determine the point of reversal or trend forwarding, this strategy is quite simple because we only need to look for the first long body candle and followed by a small candle candle inside, and when one of the break candles exits the range that's where trend applies,
mother candle breakout in Trading Systems_51636368_999494060261514_2068078674883641344_n
Good work sir ... indeed this strategy is easy to understand. but there are certain conditions if you want to use the candle strategy. in the candle the mother must have at least 2 child candle sticks and if the candle child breaks the mother candle then the price will continue to follow the direction
#30 - February 14, 2019, 01:55:42 AM

Members:

0 Members and 1 Guest are viewing this topic.