double marubozu

Posts: 320 · #16 - February 10, 2019, 04:05:57 AM

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 like this technique very much, it's very simple but profitable, by looking for a double marubozu at time h4 and waiting for the price to return first or called first time back

Posts: 751 · #17 - February 10, 2019, 10:25:45 AM

Quote from: kagami on February 09, 2019, 01:53:12 PM

hello
is it like the principle of supply and pressure?
thank you I will try to learn it

I am also studying this technique, but I am also still confused by the placement of the stop and takeprofit and still waiting for a continuation of the explanation of this trading material

Posts: 513 · #18 - February 10, 2019, 10:28:14 AM

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 just got to know double marubozu.
Like in this picture what will happen next.
is there a reversal from the next candle.
try giving an arrow to each part so that we understand it better.

Posts: 177 · #19 - February 10, 2019, 02:44:00 PM

I like with this technique the double marubozu has very high accuracy and if you want to be accurate you can add support and resistance techniques ...

Posts: 751 · #20 - February 11, 2019, 02:38:27 AM

Quote from: Purple on February 10, 2019, 02:44:00 PM

I like with this technique the double marubozu has very high accuracy and if you want to be accurate you can add support and resistance techniques ...

many people say that this technique is very good but I am still confused with the length of the candle that can be made a signal, is there a certain size of the length of the body candlestick

Posts: 177 · #21 - February 11, 2019, 02:41:10 AM

Quote from: ageseko on February 11, 2019, 02:38:27 AM

many people say that this technique is very good but I am still confused with the length of the candle that can be made a signal, is there a certain size of the length of the body candlestick

must be accompanied by support and resistance lines to strengthen double marubozu

Posts: 751 · #22 - February 11, 2019, 02:48:16 AM

Quote from: Purple on February 11, 2019, 02:41:10 AM

must be accompanied by support and resistance lines to strengthen double marubozu

to determine the line of support n resistance whether it can be placed at the open / close price of the marubozu candle or the candle next to it

Posts: 177 · #23 - February 11, 2019, 02:58:15 AM

Quote from: ageseko on February 11, 2019, 02:48:16 AM

to determine the line of support n resistance whether it can be placed at the open / close price of the marubozu candle or the candle next to it

in the supply and demand there must be support and resistance that is a strong position for entry
I am not thigh about chandel stick

Posts: 751 · #24 - February 11, 2019, 03:02:53 AM

Quote from: Purple on February 11, 2019, 02:58:15 AM

in the supply and demand there must be support and resistance that is a strong position for entry
I am not thigh about chandel stick

ok I started to understand the workings of this technique, now what I have to find out is that with the timeframe that is used, maybe different timeframes can also vary the accuracy of this signal

Posts: 177 · #25 - February 11, 2019, 03:10:12 AM

Quote from: ageseko on February 11, 2019, 03:02:53 AM

ok I started to understand the workings of this technique, now what I have to find out is that with the timeframe that is used, maybe different timeframes can also vary the accuracy of this signal

this technique is a multi time frame but more accurate in TF h4 and above

Posts: 751 · #26 - February 11, 2019, 03:25:09 AM

Quote from: Purple on February 11, 2019, 03:10:12 AM

this technique is a multi time frame but more accurate in TF h4 and above

ok, so it can be used on any timeframe but for better results it is recommended in the h4 timeframe and above,

well for candle size are there any provisions?

Posts: 177 · #27 - February 11, 2019, 03:32:37 AM

Quote from: ageseko on February 11, 2019, 03:25:09 AM

ok, so it can be used on any timeframe but for better results it is recommended in the h4 timeframe and above,

well for candle size are there any provisions?

small candle to break by a large candle with a ratio of 1: 3...
if you look at the small TF, it will really base drop RBD pattern to sell ...... or vice versa to buy drop base really DBR

Posts: 751 · #28 - February 11, 2019, 03:38:49 AM

Quote from: Purple on February 11, 2019, 03:32:37 AM

small candle to break by a large candle with a ratio of 1: 3...
if you look at the small TF, it will really base drop RBD pattern to sell ...... or vice versa to buy drop base really DBR

ok bro now I am more understanding about this trading technique, so I have to see that the price movement has broken to determine the entry

Posts: 177 · #29 - February 11, 2019, 03:50:29 AM

Quote from: ageseko on February 11, 2019, 03:38:49 AM

ok bro now I am more understanding about this trading technique, so I have to see that the price movement has broken to determine the entry

yeah like that ...
I hope to help maybe more details can be asked to more experts

Posts: 751 · #30 - February 11, 2019, 03:57:14 AM

Quote from: Purple on February 11, 2019, 03:50:29 AM

yeah like that ... I hope to help maybe more details can be asked to more experts

ok, later I will while looking for other references about techniques like this, this explanation has really helped my understanding to be better

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double marubozu

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