Forex Zone | Forex Forum

double marubozu

Discussion started on Trading Systems

  • double marubozu in Trading Systems_index
  • Posts: 271
  • Points: 2677
  • Likes Received: 6
  • Reputation: +0/-0
double marubozu in Trading Systems_xx
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,
usually this marobozu pattern indicates a reversal, which has a considerable profit potential. However, even though it has a large enough profit potential, we still have to maintain money management that must be implemented properly here
#91 - January 20, 2021, 01:24:53 PM

  • Posts: 33
  • Points: 3715
  • Likes Received: 2
  • Reputation: +0/-0
double marubozu in Trading Systems_xx
That's right bro, I really agree with what you have said, because in reality the market is not as beautiful as imagined even with good backtest results, I often experience fake signals from Marubozu bro, in the GBP USD pair on the H1 time frame
#92 - February 20, 2021, 06:51:56 AM

  • Posts: 32
  • Points: 1328
  • Likes Received: 1
  • Reputation: +1/-0
double marubozu in Trading Systems_xx
Marubozu is a kind of candle with a long body and small shadow which indicates the strengthening of the buyer or seller. If it is green, then it is better to follow up if it is red then sell
#93 - February 26, 2021, 04:59:52 AM

  • Posts: 33
  • Points: 3715
  • Likes Received: 2
  • Reputation: +0/-0
double marubozu in Trading Systems_xx
marubozu is a candlestick appearance that shows the dominance of a price push, it can be said that the power is good so we can enter with this reference
#94 - March 06, 2021, 01:23:27 AM

Members:

0 Members and 1 Guest are viewing this topic.


* Share Topic

Share via delicious Share via digg Share via facebook Share via linkedin Share via pinterest Share via reddit Share via stumble Share via tumblr Share via twitter

* Similar Topics

xx
Trading based on Double Top and Double Bottom

Started by zanurreload on Forex Education

70 Replies
1278 Views
Last post April 15, 2021, 09:03:59 AM
by Gets 99
clip
EA DOUBLE BT

Started by Forza on EA Modifications

2 Replies
473 Views
Last post September 16, 2019, 07:50:37 PM
by Forza
xx
best forex trading strategy for Double Bottoms

Started by best forex on Trading Systems

95 Replies
2975 Views
Last post March 06, 2021, 01:12:51 AM
by Keylevel
xx
Double Adaptive Average True Range Profit Objectives

Started by ashish4forex on Trading Systems

11 Replies
527 Views
Last post February 14, 2019, 10:31:29 AM
by ageseko