Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. Trading Area
  3. Trading Systems
  4. double marubozu

double marubozu in Trading Systems_67f83ac065b44

double marubozu

Discussion started on Trading Systems

Print
Pages: 1 ... 4 5 [6] 7   Go Down

Gondo

this pattern is suitable for confirmation of a reversal and is usually in the area of resistance support and supply demand waiting for Marubozu to form and then correct entry
#76 - August 16, 2019, 06:10:07 PM

Dita

  • Full Member
  • Posts: 110
  • Points: 1006
  • Likes Received: 45
  • Reputation: +1/-0
This pattern belongs to the reaction of price action and is used as confirmation of a reversal in an important supply demand area.
#77 - August 16, 2019, 07:01:16 PM

Mirsal

  • Full Member
  • Posts: 111
  • Points: 655
  • Likes Received: 10
  • Reputation: +0/-0
This pattern is an initial indication of reversal and occurs in supply demand as confirmation of entry, wait until it breaks, then the entry is according to ability
#78 - August 23, 2019, 08:17:55 PM

Sponsored

double marubozu in Trading Systems_6803a6c52eb12
#79 - Today at 04:26:27 PM

Eobot

  • Starter
  • Posts: 1
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
This strategy is just me for the first time but it seems effective enough to be applied in a system because I like the Marobozu candle pattern, it's just that I don't have the technique yet.
#79 - August 25, 2019, 03:27:33 PM

aizafx

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
One morubozu already giving high confirmation signal, its mean volume pressure on the trend very strong, so open price and close price and high also low seems become one place, this is sign strong movement at any pair
#80 - October 09, 2019, 10:20:15 AM

Pakar

  • Newbie
  • Posts: 28
  • Points: 0
  • Likes Received: 3
  • Reputation: +0/-0
Marubozu pattern is a very crucial pattern, if you can follow this candle pattern, you can get double profit.
#81 - October 18, 2019, 06:16:28 PM

Gama

  • Newbie
  • Posts: 46
  • Points: 0
  • Likes Received: 3
  • Reputation: +0/-0
A very good pattern to generate large profits, which must be considered in this pattern when prices reverse then it is better to do the type of stop order. 
Because the marubozu pattern is very fast.
#82 - November 01, 2019, 06:59:36 PM

Perex

  • Sr. Member
  • Posts: 339
  • Points: -5
  • Likes Received: 42
  • Reputation: +1/-0
In plain view this pattern is like an engulfing pattern but the double marubozu is longer usually double and more concretely in confirmation. usually this formation is used to signal the start of a trend reversal in the supply area
#83 - January 08, 2020, 02:10:14 PM

rahayu

  • Sr. Member
  • Posts: 424
  • Points: 18
  • Likes Received: 39
  • Reputation: +0/-0
if you see in theory from the formation of candlestick patterns I think this is one good sign for placing an order
#84 - February 04, 2020, 04:06:16 AM

Atminehomo

  • Sr. Member
  • Posts: 454
  • Points: 68
  • Likes Received: 44
  • Reputation: +4/-0
Finding a double marubozu pattern, in my opinion, is easy and easy because it is different from engulfing patterns, if double maru is a supply demand setup,
#85 - April 26, 2020, 10:57:54 AM
Attachments:

Sponsored

#86 - Today at 04:26:27 PM

AWAY21

  • Full Member
  • Posts: 161
  • Points: 683
  • Likes Received: 3
  • Reputation: +0/-0
Hallo sir. I'm so interested with that technique. I will try it to my trading system. So to prove accuracy, i will test it before.
#86 - June 09, 2020, 03:19:46 AM
« Last Edit: November 17, 2023, 06:39:02 PM by Admin »

Atminehomo

  • Sr. Member
  • Posts: 454
  • Points: 68
  • Likes Received: 44
  • Reputation: +4/-0
Double maru is a combined candlestick candlestick pattern which usually occurs because the market has high fluctuations, we can open a position in that direction
#87 - June 26, 2020, 01:42:36 PM
Attachments:

Antonio

  • Hero Member
  • Posts: 850
  • Points: 0
  • Likes Received: 97
  • Reputation: +2/-2
Lately, there are a lot of unstable market conditions and not in accordance with the analysis, Double Marobozu is also not effective, maybe because the market is influenced by the news.

what do you think?
#88 - July 26, 2020, 04:41:56 PM

Metatrader

  • Hero Member
  • Posts: 549
  • Points: 212
  • Likes Received: 10
  • Reputation: +7/-4
utilizing price action such as the Marobou pattern like this is very good if done by combining it with the support and resistance area as a filter so that the results will be more profitable.
#89 - October 23, 2020, 02:30:23 PM

Keylevel

  • Sr. Member
  • Posts: 365
  • Points: 624
  • Likes Received: 2
  • Reputation: +0/-0
Quote from: Metatrader on October 23, 2020, 02:30:23 PM
utilizing price action such as the Marobou pattern like this is very good if done by combining it with the support and resistance area as a filter so that the results will be more profitable.
in a condition, the appearance of a Marubozu candlestick can indicate a potential price movement according to the shape of the candle, whether Marubozu is bullish or bearish,
#90 - January 19, 2021, 02:04:54 PM
Print
Pages: 1 ... 4 5 [6] 7   Go Up
  1. Forex Zone - Forex Forum
  2. Trading Area
  3. Trading Systems
  4. double marubozu

Members:

0 Members and 1 Guest are viewing this topic.


double marubozu in Trading Systems_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: