1 minute binary option very powerful Candlestick pattern based sure shot trading win all trades
Summary
TLDRIn this video, the speaker explains a powerful trading strategy based on a three-candle candlestick pattern, useful in both bullish and bearish markets. The strategy emphasizes the importance of the second candle being at least 1.5 times bigger than the first, regardless of market direction. The third candle is expected to follow the trend set by the second, offering a 'sure shot' opportunity for traders. Various candlestick combinations are discussed, and viewers are advised to avoid trading in patterns where the first and second candles are of equal size.
Takeaways
- 📉 The video discusses a three-bar candlestick pattern used in bearish and bullish markets.
- 📏 The second candle must be at least 1.5 times bigger than the first candle for the strategy to work.
- 🔴 In a bearish market, the first candle is red, and the second and third candles must also be red.
- 🟢 In a bullish market, the first candle is green, followed by a larger second green candle and a third green candle.
- 🚨 The key entry point in this strategy is after the formation of the second candle, which confirms the pattern.
- 📏 The second candle's overall length, including the wick, must be bigger than the first candle.
- ⚖️ Different candlestick combinations occur frequently, but the recommended strategy focuses on waiting for the second candle to be larger than the first.
- 📉 The pattern works well in trending markets, where there is a sequence of small, medium, and large candles.
- ❌ Avoid trading when the first and second candles are of the same size, as this decreases the strategy’s success rate.
- 📅 The creator announces that their binary options mentoring program will begin in the first week of July, with details in the video description.
Q & A
What is the main focus of the video?
-The main focus of the video is discussing the three-bar candlestick pattern, a trading strategy used in both bearish and bullish markets.
How should the second candle in the pattern compare to the first in a bearish market?
-In a bearish market, the second candle must be at least 1.5 times bigger than the first candle.
What is the significance of the third candle in the pattern?
-The third candle is considered the 'sure shot' candle, indicating a strong entry point in the market based on the previous two candles.
Can the same strategy be used in a bullish market?
-Yes, the same strategy can be applied to a bullish market, where the first candle is green, and the second candle must still be larger than the first.
What should you consider when the second candle has a long wick?
-If the second candle has a long wick, the overall length of the candle, including the wick, must still be larger than the first candle.
What happens if the first and second candles are of the same size?
-If the first and second candles are the same size, it is advised not to trade as the winning rate is lower in this scenario.
What are common combinations of candle sizes in the market?
-Common combinations include a small first candle followed by a bigger second candle, or a medium-sized first candle followed by a small and then a large candle.
Why is it important to wait for the second candle in this strategy?
-Waiting for the second candle is crucial because it determines whether the pattern will complete successfully, leading to the sure-shot third candle.
What is the potential winning rate if the first candle is large?
-If the first candle is large, the winning rate of the trade is typically lower, around 70-80%.
What advice does the video give regarding trading with this strategy in real markets?
-The video advises traders to observe the first two candles carefully and only enter the market if the second candle is larger than the first, to maximize the chances of a successful trade.
Outlines
📉 Three-Bar Candlestick Strategy Explained
In this paragraph, the speaker introduces a three-bar candlestick pattern, primarily used in bearish markets but also applicable in bullish markets. The strategy begins with identifying the first candle, followed by a second candle that must be at least 1.5 times larger than the first one. The third candle will follow the direction of the second candle, continuing the trend. For both bearish and bullish markets, the second candle is key—if it’s significantly larger than the first, a trader can expect the third candle to align with the second. The speaker emphasizes waiting for the second candle to determine entry points.
⚠️ Recognizing Bad Candlestick Patterns
This section warns traders to avoid certain candlestick patterns that appear unreliable. The speaker highlights that if two consecutive candles are of the same size, this is not a good entry point. Additionally, the strategy becomes less reliable when the first candle is larger, as the winning percentage of this pattern drops to 70-80%. Traders are advised to stick to patterns where the first candle is smaller and the second one is bigger, as these combinations offer higher success rates.
🎯 Trading Strategy Announcement & Mentorship Opportunity
The speaker concludes by announcing the start of a mentorship program in early July, specifically for those interested in learning binary options trading. A link to join the program is provided in the description, and one-on-one classes will commence in the first week of July. The speaker encourages viewers to sign up if interested and thanks them for watching the video.
Mindmap
Keywords
💡Three Bar Candlestick Pattern
💡Bearish Market
💡Bullish Market
💡Second Candle
💡Third Candle
💡Wick
💡Sure-shot Strategy
💡Trending Market
💡Retracing Market
💡Binary Options Trading
Highlights
Introduction to a three-bar candlestick pattern strategy for identifying market trends.
In a bearish market, the second candle should be at least 1.5 times larger than the first candle, followed by a third red candle.
In a bullish market, the strategy is similar, but the first candle is green, and the second candle must also be 1.5 times larger than the first.
Emphasis on the importance of the second candle's size in determining entry points for trades.
The third candle is expected to follow the trend set by the first two candles, making it a 'Sure Shot' candle for trading.
For effective use of the strategy, the second candle should include the wick length when measuring size.
Warning against entering trades if the second and third candles are of similar size, as it reduces the strategy's effectiveness.
The strategy works best in a trending market, where the candles follow the pattern of small, large, and medium sizes.
Explanation of different candle size combinations and how they affect trading outcomes.
Example of a pattern where the first candle is small, the second is larger, and the third is a 'Sure Shot' candle.
In cases where the first candle is larger, the winning rate drops to 70-80%, indicating the strategy's limitations.
Visualization of real-time market examples to demonstrate the application of the strategy.
Illustration of the strategy's success in a bearish market with specific candle size examples.
Discussion on avoiding trades when patterns deviate from the expected candle size order.
Invitation to a mentoring program on binary options trading starting in the first week of July.
Transcripts
Hello friends in today's video we are
going to discuss about a three bar sh
shot Candlestick pattern whenever you
come across a Candlestick pattern like
this so if it is a bearish market let us
assume it is a bearish market so this is
a first candle and the second candle
must be bigger than the first candle
right so if you see a combination of
candles like this the second candle
should be at least 1.5 times bigger than
that of the first candle then the third
candle also will be red in color okay so
if you see a combination of two candles
like this then your entry must be at
this place right okay so you can use the
same strategy for a bullish Market as
well so if you see your first
candle which is green in
color even if there is a Vick like this
that is also not an
issue then the second candle must be
at least 1.5 times bigger than that of
the previous candle so if you come
across a candlesticks with this
combination then the third candle will
be a short shot so you can see a third
candle also a green color one so you
have to wait for the second candle in
this strategy if it is a bearish wait
for the second candle the second candle
must be bigger than the first candle
even if it is a bullish Market wait for
the second candle this second candle
must be bigger than the first candle if
you see a combinations like this then
you can enter the market the third
candle will be similar to that of the
second candle uh in some cases you can
see a very long week so for
example this is the first cand
and it
has a lengthier week then the second
candle must be bigger in size so this
combination also will perfectly work or
else or else if you see a combination
like this this is the first candle then
the second candle is having a lengthier
wick like this if you see a second
candle have having a lengthier
wick so if you look at this second
candle you have to include the wig size
also so if you take this overall length
the overall length of the second candle
must be bigger than the first candle so
if you see a combination like this then
you have to enter at the end of the
second candle then your third candle
will be a Sure Shot
right
okay okay Traders now we are in the real
time market so you can see here so these
are the three candles this is the first
candle second candle is bigger than the
first candle then if you enter here this
will be your Sure Shot candle right so
usually Whenever there is a trending
Market you can see a small candle then a
bigger candle and a medium size candle
so usually this order will be coming
with different combinations the first
will be a medium then a small then a big
candle or else the first one is a medium
second one will be big the last will be
small so there are different uh possible
combinations you know you can see
frequently in the market but if you want
to trade without any loss this strategy
which I explain will be a Sure Shot
strategy that is the second cand if this
is the first candle it should be smaller
in size second candle must be bigger
than that of the first candle then your
third candle will be a sure
short right so if you look at this
particular Market if it is a trending
Market the market will be moving with
this combinations right so you can see
three candles here first second and
three and if you follow this strategy
that is the first must be small second
must be big so if you look at this place
the first is Big the second is of same
size see both these candles are of same
size if you see like this combination
please don't trade in this type of
Candlestick pattern so surely you will
lose your money here also you can see
this is the first candle this is second
candle third candle right so if you see
a first candle very big in size right so
then you know the winning rate will be
only 70 to 80 percentage see this is
also a three Candlestick pattern big
medium and small but the winning rate
rate of this type of combination that is
the first candle if it is bigger one
then the winning rate will be very less
okay so I will show few more examples in
the
chart okay so here also one more example
first candle this is first candle
smaller in size the second
candle bigger than that of the first
candle then this is the third candle
this a sure short candle and and also
you can see the same pattern formed here
okay so see the market was retracing so
this is the first candle smaller in size
second candle bigger than the first
candle so if you see a combination like
this then the third candle will be your
sh shot pattern
right fine so now I will trade and show
few of you know the trades using this
strategy and let us see how good this
particular strategy is
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okay TRS the first badge of mentoring
Begins by the first week of July so
those who are interested to learn binary
options trading can check in the
description I have shared a link you can
join in the WhatsApp group and I will
start the oneon-one classes from the
first week of
July see you soon thank you for watching
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