double marubozu

Posts: 247 · #31 - February 13, 2019, 03:41:57 PM

Quote from: Rendy94 on February 06, 2019, 09:34:37 PM

double marubozu is a technique that relies on sequential engulfing 2 to be a strong reference to supply or demand, I also use this technique to mark supply and demand. yes this technique has a fairly high accuracy and I will entry if the price returns to that area, here's an example of my mapping.

I once recalled the marubozu candle pattern, but I have never used this technique, can you give me the steps in analyzing the technique, and how to identify the marubozu is a good momentum for us to enter the market

Posts: 128 · #32 - February 13, 2019, 04:16:01 PM

Hi, friend. I want to ask if this technique is very valid for use in daily trading? whether it can determine the position to take the best price so that our profits are maximized. or can only be used in certain conditions?

Posts: 127 · #33 - February 14, 2019, 04:11:21 AM

Quote from: Tahajud on February 07, 2019, 05:30:12 AM

I also often use this technique because it is very simple and simple. so we only need to see a marobozu candle then we enter the market in the direction of the candle formation, if there is a bullish marobozu candle then we buy and on the contrary if a bearish marobozu candle is formed then we sell, but in this technique the risk limitation is quite large if placed on the tip of the shadow candle

As I thought, if when trading we find a marubozu candle, you should observe first whether in the same trend condition if yes I usually place a pending order limit at the Marubozu dbd supply demand.

#34 - **Today** at 12:25:55 PM

Posts: 742 · #34 - February 14, 2019, 08:49:26 AM

Quote from: hafid87 on February 14, 2019, 04:11:21 AM

As I thought, if when trading we find a marubuzu candle, you should observe first whether in the same trend condition if yes I usually place a pending order limit at the Marubuzu dbd supply demand.

that is the best idea in my opinion, because by looking at the current trend added with the marubozu signal making the signal increasingly valid to follow

Posts: 227 · #35 - February 27, 2019, 08:58:56 AM

good afternoon sir
actually I am still binmgung from several books that I read,
for a pattern that you like to illustrate, in my opinion it is a bearish engulf / mother candle

while the double maru is two bull candles and bears that are as large and parallel

Am I wrong ??

Posts: 175 · #36 - March 27, 2019, 02:21:12 PM

this is a mandatory candle for every trader to know. because the impact is very large. are there more detailed specifications to find out the characteristics before the formation of a double marubozu? please ask for more reviews.

Posts: 742 · #37 - May 02, 2019, 12:15:28 AM

Quote from: Ecy on March 27, 2019, 02:21:12 PM

this is a mandatory candle for every trader to know. because the impact is very large. are there more detailed specifications to find out the characteristics before the formation of a double marubozu? please ask for more reviews.

the shape of this candle if according to my observations is usually formed when there is a news release