This Trade Setup Will Bring You Profits! (Part 3)
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- Опубліковано 28 вер 2024
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In this third video on technical analysis, we continue with our profitable trade setups series. You'll learn a highly effective candlestick pattern: The Bullish Engulfing Candle. This is a very reliable and easy trading strategy that both, amateurs and veteran traders, will benefit from.
You will also learn how to exponentially increase the effectiveness of the pattern using a very common indicator as confirmation.
1:17 Introduction to the Bullish Engulfing Candle.
2:55 The way to use it with the stochastic.
3:49 Important things to keep in mind when using this setup.
4:34 See the Bullish Engulfing Candle in action with real market examples.
▶️ Watch Part 1 here: • This Trade Setup Will ...
▶️ Watch Part 2 here: • This Trade Setup Will ...
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🟢 This video is part of The Trading Made Easy course. For Only $27 you can have Full-Access to the entire course here:
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Hello! Is this true? for 27$ because under other videos a link for 997$
@@annazaiko3917 Yes, this is true. The Trading Made Easy course is only $27. The $997 you're referring to is for a different program called Technical Analysis Mastery.
@@TechnicalAnalysisInstitute thank you so much! I’ll read more about both
This is one of the clearest and most detailed explanations on how to use this pattern! Thank you!
We're very glad that the explanation was useful to you. We hope it brings you a ton of money!!!
I have watched almost all your UA-cam vedios and I must confess you have good content... Thanks for your everything and keep it up😊
Thank YOU for your kind words and feedback. I'm thrilled you've enjoyed our content so far. Many thanks!
Thanks for the addtional tips on the failed reversal if subsequent candle closed below or above 1/3rd of the engulfing candle for long or short respecctively. There is always something new to pick up from your lesson on the so-called common stuff👍🙏
Thank you for sharing such a nice feedback! We're thrilled to know you find our videos useful even on commonly known strategies. As they say "the devil is in the details".
Thank you so much! such a precious information!
You are so welcome! We're glad your found it useful. Thank you for your kind feedback!
I joined. I like the candle stick pattern training. Please when are trading this candle stick pattern, do you have to look different timeframe?
Thank you for joining and for your question!
When trading the bullish engulfing candlestick pattern in the strategy we discussed, you don't need to look at different timeframes. You focus on the pattern formation of two candles within a single timeframe. However, while it's not required, some traders do incorporate multiple timeframe analysis to get a broader perspective on the market's direction. But for the purpose of the strategy we covered, just one timeframe is sufficient. Happy trading!"
thank you, sir.
Most welcome!
Great Video, Surprisingly you have Indian Name😀
Thank you for your kind words about the video! Yes, you're right about my name. My father was deeply fascinated with Indian culture. He was a dedicated student of Sanskrit and a passionate yoga practitioner during his youth. It's a part of my heritage that I hold very close to my heart. 😊
Stochastic setting please...
Typically we recommend our students to use 13 - 8 - 5, that would smooth it a little. However, for this trade set up you can easily use the default settings.