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  • Candlestick 9:07 am on November 12, 2018 Permalink | Reply  

    2 double blocks confirmation 

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    long hang seng on vacation

    question from readers

    ———————

    Hi in the image i have 2 double blocks, A & B.
    Here I can see that B is outside and inside A’s close.
    How would i then predict if the next candle
    will be buy/sell in this scinario?

    ———————
    B’s 4th candlestick is A’s
    inside close so next candle open sell

    B’s 4th bear candlestick sell confirmation

    next candlestick open sell

     

     
  • Candlestick 9:09 pm on November 2, 2018 Permalink | Reply  

    if double block is within previous double block then trade the same as the previous candle 

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    long hang seng on vacation

    question from readers
    ———————
    Hi i seen your video on the double block pattern. You say if double block is within previous candle, then trade the same as the previous candle. Although in the above image we have double bock within previous green handle, however here it continued as red. am i missing anything?

     

    ———————

    if double block is within previous double block then trade the same as the previous
    candle

    a.previous double block

    b.double block is within previous double block (inside close)

    c. previous candle = bull candlestick
    so buy

     
  • Candlestick 9:15 am on October 26, 2018 Permalink | Reply  

    Regarding multiple pattern 

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    long hang seng on vacation

    Questions From Readers

    ———————

    Thanks alot… But what does “a.b.c.d pattern” mean?

    if any pattern occurs we should see , from the left , whether the pattern is inside or outside
    of previous pattern.

    for example, if double block appears, we should check whether it is inside of another double block or color continuation.
    Then we have to place buy stop or sell stop, with respect to enclosed pattern high or low from right to left after candle closed lower or higher.

    am I right?

     

    Yes right.

    a.b.c =bull candlesticks uptrend

    d= bear candlestick colour changed. this means uptrend ends here

    so a.b.c.d means uptrend end

     

     
  • Candlestick 2:46 pm on October 25, 2018 Permalink | Reply  

    How to trade if multiple patterns appear? 

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    long hang seng on vacation

    Questions From Readers

    ———————

    Kindly clarify  how to trade if multiple patterns appear as in the attached screenshot?

    ———————

     

    a.b.c. all of them bull candlesticks

    d.bear candlestick

    colour changed white to black (bull candlestick to bear candlestick) and up trend end

    1.2.3.4 all of them a to d inside close

    so priority a.b.c.d pattern (sell)

     

     

     

     

     

     
  • Candlestick 10:00 am on October 21, 2018 Permalink | Reply  

    concept of colour changed 

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    long hang seng on vacation

    Questions From Readers

    ———————

    Hello how are you?

    I did not understand your concept of colour changed?

    ———————

    same colour continuation = trend
    colour changed = trend end
    same colour continuation consist of 3 bull candlesticks or 3 bear candlesticks

    (1).(2).(3)
    all of them bull candlesticks(same colour)
    each close price higher than each open price

    (4)bear candlestick
    close price lower than open price

    so colour changed= bull candlestick to bear candlestick or bear candlestick to bull candlestick

     
  • Candlestick 10:06 am on October 20, 2018 Permalink | Reply  

    clarification about Engulfing Pattern 

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    long hang seng on vacation

    Questions From Readers


    In another video (Image numbered 2), you say “Engulfing and Buy Entry”.

    Questions:
    1. Which type of Engulfing we have to go for BUY or SELL.

    2. Same color Engulfing is also considered as Engulfing(White engulfs by White and Black engulfs by Black).

    3. Difference between Body Engulfing and High to Low Complete Engulfing and which is more potential.

    ———————

    1.here are some engulfing candlestick pattern

    ・high to low candlestick engulfing
    ・body engulfing
    ・different colour engulfing
    ・same colour engulfing

    buy
    high to low candlestick engulfing +same colour engulfing

    sell
    high to low candlestick engulfing +same colour engulfing

     

    (a) white candlestick engulf previous (b)high to low

    (a)and (b) are same colour

    high to low candlestick engulfing +same colour engulfing

    so sell

    2.Same color Engulfing is also considered as Engulfing

    3.High to Low Complete Engulfing  more potential

     

     

     
  • Candlestick 6:57 am on October 19, 2018 Permalink | Reply  

    This is reserved post long hang seng on vacation… 

    This is reserved post

    long hang seng on vacation

    Questions From Readers

    ———————

    Thanks for your reply… Double Block free and free advanced version both are working nicely in lower timeframe…. Thanks a lot sir….

    In one of your videos you have mentioned “Double Block With Same Color pattern”… But I couldn’t get the pattern…
    kindly send a me a picture of that pattern with buy stop and sell stop order placement….

    Thanks in advance.

    ———————

     

    1.bull candlestick

    2.bull candlestick

    3.bear candlestick

    4.bear candlestick

    5.bear candlestick

     

    1.2.3.4=double block

    3.4.5 all of them bear candlestick

    same color continuation consists of 3 bear candlesticks or 3 bull candlesticks.

    in this case 3 bear candlesticks

    so 1.2.3.4.5=double block + same color continuation.

     

     
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