the Art of reading candlesticks

hello, guys, this is shubham tamrakar I am a trader and basically, I am a learner of technical analysis and every day I learn something new from the market and I am also very happy that the market teaches me every day something new. and I am happy to learn
so basically today I am talking about the art of reading candlesticks pattern
it is very important to know when you are a trader and I know every trader have there owned technical analysis strategy and their way of looking at the market
but when I talk about candlesticks very few traders notice about that but I have a proof that it is very important that you should know about why the art of reading candlesticks pattern is very important
i wanna show you my last trade which I have taken yesterday

this is the tata global share chart and when I was reading this chart fount this gonna go short and I make a short position and for the BTST
and today, when the market was full bullish, so what fo you think I could get the target ??

this is the chart of nifty and that was full bullish
but however nifty is bullish when you have advance forecasted a chart, I am very happy o tell you that I got the full target of my short position and I know you want to see so here we go

I get full of my target which was I forecasted and this is all about my trading strategy as I am a price action trade I always play with price

this is the hourly chart of the tata global and because of the double top chart pattern and last candle of this pattern was show very bearish momentum and I get the indication and after some time I get the confirmation of this trade and I initiated this
and this is another successful trade had made my me
thanks you to read this, stay tuned
Happy trading

Comments

Why You Should Follow The Market Instead Of Your Forecasting

Hello, guys, this is Shubham Tamraka, welcome to the #Traderlifestyle, in I hope you will be fine and doing well in your trading, first of all, I want to thank you all for the sharing my last blog and giving a tremendous view on it if you dont read yet must-read so let's talk about today's blog which is about "why you should follow the market instead of your forecasting " this is one of the best things which I have learned in this first half the July so I thought I should share with you, so this Is the mistake which I was doing from very long time but realize in this month and this pains me a lot, I dont know how many trades I was missed because I want to trade it from my advance entry which I was decided before t price reached there, so in this blog, I am going to share with you my last which I missed trading because of I did not get the entry which I was forecasted before. look at the above image carefully this is the chart of the EUR\JPY, so first of all, ...

Why It Is Important To be In A Flow State Of Mind For Everyone

Hello,gyus this is Shubham Tamrakar, and welcome to the #Traderlifestyle.in I hope you will be fine and enjoying to read my blog, so let's talk about the why it is very important to be in a flow state of mind if you are a trader, so it is a very important thing which I learned yesterday from Vishen Lakhiani, is that what is the flow state of mind and why it is very important for everyone and I realize why it is more important for the traders, so, first of all, I will talk about the different state of mind then I will discuss about why it is important for everyone especially if you are a trader so what is the state of mind - so the state of mind od the combination of two things, which merge togather and help you to produce either efficient productivity or the worse productivity, so let's take an example; i t is the situation of your mind when you are neither happy nor you have a great vision in your life, it is called a negative spiral. if you are in this state of mind you wi...

Design Your Trading System In 5 Step

Hello, friends, this is Shubham Tamrakar welcome to the #Traderlifestyle.in I hope you will be fine and doing well in trading today I come with another blog and in this blog, I will talk about the 5 simple steps which help you to design your trading system, so let's start with the very first point 1. Time frame so the time frame is one of the most important things which you have to choose for the trading, you can not follow the timeframe to others because it depends on their trading types if I tell you about my time frame for trade analysis so I frequently use daily,4 hours and 1hour time frame for trade analysis and for choosing entry time sometimes I also use 15 min time frame because I am a swing trader so it totally depends up to me and my trading types. if you are the intraday trader so it is not as much important to look daily and 4 hourly timeframes and it is better to watch 15 min and 5 min time frame so choose your time frame very wisely because it one o...

Search This Blog