Top 3 ways Professional Traders Look at Candlestick Patterns
so welcome welcome to the webinar guys this is a webinar about candlestick what are the top three candlestick patterns that professional traders use to trade for a living of course this is not the go to all for how to do successful trading however it is a glimpse on one of the one of the pieces on one of the angles used to trade okay what are all what are all your experiences been with candlesticks can you let me know how did you ever get exposed did you get exposed to candlesticks recently long time ago and what is your experience in terms of trading it did you make profits did you make losses are they reliable or is it skewed for yourself it's like i every time i deal with it i'm getting mixed results like what would you say so some of you guys were saying bad experience hit and miss a long time ago not so reliable just one piece of the puzzle some of you guys are saying context is key okay never used okay hit and miss okay okay so there's a lot of a lot of different variations a lot of different ways everyone has exposure to this right all right so let's get started let's get started i wanna i wanna talk about a few things did all of you guys watch those two supplementary videos that i have given you before coming to this webinar yeah you guys have watched it okay fantastic fantastic so you you have the gist of the basics of candlestick patterns so let's go into a couple some of my personal favorite ones you know Henning talked about it as well and before we get into that i just want to say one thing for those of you guys who are watching the recording we have just hit a thousand people into the room which is probably why some of you guys who are trying to attend live you're not able to get into the room because once once we hit a thousand the room maxes out so i i i apologize for that if you are not able to attend live but hopefully you're watching this recording with all of us here yeah okay so let's get started let's get started so i'm gonna turn on my screen sharing and you let me know when you can see my screen okay give me a second here okay okay maybe i'll share this screen and i'll move this out okay okay all right so let me let me put this here and i'll bring my charts in okay you guys can see my charts now let me open up the chat so i can see it i don't see the chat yeah oh there it is there it is sorry yep yep looks like you guys are all saying yes to that you guys can see my charts okay fantastic all right cool cool all right now let's let's get started i'm going to open up one of these things i'm going to full screen it and i'm going to take you up to an hourly i'm going to remove all these ma's on there so i'll just keep it nice and large like this okay uh duh duh uh you're saying hi Navin i'm a big fan of yours i'm a big fan of yours so welcome to the webinar okay all right so let's get started here so let's talk about some of the some of the common candlestick patterns that are are thrown at us right how many of you guys know of this one where it goes like this and then it has one big tail on top okay how many of you guys are are exposed to that one okay hammer inverted hammer pin bar okay it comes with multiple names right okay obviously how does a hammer look in real life a hammer looks like this right like who holds a hammer this way you know no one holds a hammer like that right so generally this is the hammer and this one on top is called the inverted hammer okay this is also referred to as a pin bar some people just like to call it a pin bar so it has multiple different names we used to call it an exhaustion candle back in the day and we still call it an exhaustion candle okay so multiple things that go around with it now what does this mean though when you see this happen what does it mean okay it's a rejection of price good i see some of you guys saying that price rejection price rejection selling pressure reversal okay so it seems like we're on the same lines everyone saying it's a rejection and a reversal so let's now look at this very carefully okay when you're first exposed to candlesticks and that particular pattern that i showed you would you not immediately your eyeballs go to your chart and be like oh my goodness look at that that looks fantastic imagine if i bought it here and i sold it up there how much money i would have made guilty or yes or no i've been through that long long time ago but people still do that people still do that right it's it's sort of like your eyeballs get attracted to that and be like oh man this candlestick pattern this particular pattern is so beautiful it's so beautiful take a look at this area here it's there as well telling you that it's getting rejected from the top that means the price should go down oh my goodness look how it goes down if i sold from there and i closed over here i would have made so much money in fact i would become the ferrari dealer where i would have 500 ferraris to display right this is how the average person starts to think when they're exposed to candlesticks the first time however however we we don't we don't get accustomed to seeing stuff like this where they show up in the middle somewhere okay because they happen quite a bit too or or they show up like this like that one because during the time when you're learning something your eyes don't spot that your eyes spot things where the markets will turn where it looks so beautiful it's like oh wow that's a beautiful pattern to see right you guys agree so initially everyone is exposed to candlesticks in that way where it's like i learned a few candlesticks and i was told candlesticks are the way to go and because of these patterns that i've learned i've learned a collective of 20 different vocabulary words and now i know how to trade okay and because it is so unique no one else can do this i'm gonna make more money than anyone else in the world unusual isn't it unusual isn't it always have to think of it in that language if what you do is truly unique then of course you will make more money but if what you do is so common that everyone can do it then do not get stuck in the hype of this is how you're gonna make a lot of money more than even a job can pay agreed yes or no okay so at least i know all of you guys you guys have your heads on straight and you're like okay there is a certain limit where i'm willing to test a certain thing but i'm no fool right and i know a lot of you guys are here with a a a level head and you guys know when to think with common sense right so now however because we're cynical right we're because we're cynical and we're like we don't want to be taken for a ride it doesn't mean we also turn off the idea of it's all wrong right information is not always all bad okay it's just what does it actually mean why is there so much fuss about it okay right so let's get into that let's get into that would you guys agree like not all information is bad in fact you can sit into any webinar on youtube you will always find some kind of a golden nugget in there that can help you grow you might not agree with it but you can find something in there that you can use to be better right so let's take a look at this on these charts and and go deeper into it so okay and then later i'll move back to some of my trades that i did today and we'll see what kind of candlestick patterns show up for those and how were we been able to turn a profit from those okay now i'm going to give you an example yeah let's say the markets are moving upwards they go up up up up up up up then they start going sideways sideways sideways sideways in this sideways motion a candle shows up with a wick on top okay a candle shows up with a wick on top what's going through your mind okay frank you're saying means nothing some people saying sell robert you're saying stop hunt anthony or single reversal robert sell bibek saying faker okay so can we all come to a conclusion for one thing that we don't have a common answer right so let me let me let i want you guys to understand notice how i'm reading out all of your comments here right and not not any of you guys have come to the same conclusion majority of you guys haven't said one same thing right there's a mixture of answers but the candlestick design that you studied you all know what that is but when i say if it shows up what would you do everyone has a different opinion about it yes or no you guys agree with that so how can you use the way you're learning this thing to turn a profit from it if how you've studied it is not the same way everyone looks at it so how can you get a sustained move off of it does that make sense so what i'm trying to say is when a candlestick pattern shows up in an area that has no purpose of being there it means nothing okay let me let me explain let me say let me explain what that what i'm trying to say here now i'm going to change the scenario a bit okay the markets are now moving upwards they pull back they're moving upwards and right up here you get a candle with a big wick on top what does this mean for you okay rolf you're saying sell sell standby sell sell rejection sell so interesting i just changed where i put this candlestick and now majority of you guys are saying the same thing see how how the opinion changes behind that same candlestick pattern that everyone has learned but the way we respond to where it is is a very unique thing okay this is something important you guys should understand that it's a very unique thing on where it shows up so far so good everyone with me okay now i'm gonna take it one step further one step further how many of you guys understand momentum how many guys here are actually part of the mastering price action program with me on urbanforex.com yeah so okay so a lot of you guys are in the mastering price action program right some of you might not be but majority of you guys from the looks of it are saying you guys are okay i'm gonna throw in a little bit of momentum in here okay so the markets the markets are going up okay and those of you guys who don't have the measuring price section course don't worry about it i'm going to explain to you what i'm trying to say it will make sense to you it will make sense to you so the markets are moving up they're going up it goes up this high 100 pips then it the market takes a little breather comes down 30 pips okay and then it goes up 300 pips and then an exhaustion candle or a pin bar or an inverted hammer shows up here can i sell now notice how how all of your answers i'm i'm reading it i just see no's across the board notice how you change the way you you you've used the word from earlier you were saying sell it now when i throw in a little bit more data behind it and i said look at the momentum of this you guys are all saying no do not sell this now same candlestick pattern similar location at the top of a trend but now because you have a little bit more data you're saying yeah i know it's the same candlestick pattern i know it's what we all studied but now it means something different you guys agree so can we all come to a conclusion by just studying a candlestick pattern won't get you anywhere yes at least we we all agree on that part right okay just studying a pattern means nothing i want to expand on that just studying any pattern in the world you know a bat pattern a cat pattern a raccoon pattern a dinosaur pattern studying any pattern on its own means nothing a fibonacci pattern a higher high higher low pattern all of these patterns on its own mean nothing you need data around it to support what are we actually looking at a pattern pattern there you go okay okay so far so good so i i like how some of you guys are saying need context very good very good so we need context right good now let me switch the scenario around a little bit more okay let me switch the scenario around a little bit more okay i'm glad you guys are coming to a realization of why is is is something good or why something bad when it's exactly the same education everyone has got but now you think differently this is the key you need to identify how the world is looking at what you are seeing to get an edge over the next person did you did you understand what i just said okay you need to get an edge over the next person but to do that you need to understand when people look at a certain thing in a certain way during certain times so when i drew that sideways range we had multiple different answers but when i put the exhaustion cam on top of the trend suddenly everyone's answer became the same but when i included some momentum in there suddenly everyone's answer changed again but it was the same if i know how everyone thinks can i not have an added edge above everyone right that's how trading works you need to be one step ahead one step ahead which means you need to think like a chess player if i do this then the next person does this i can then do this that's how you think okay that's how you have to think you have to think in multiple moves like that okay so but having that said we're going to discuss candlesticks we're not talking about chess today we're just talking about candlesticks okay so let's go into this a little bit deeper a little bit deeper yeah okay so now the markets are going up bam just like before 100 pips then it takes a little breather for 30 pips pulls back right then it goes up again okay and he makes only 50 pips then he takes a breather okay for 50 for 25 pips then he goes up again for 25 pips and now an exhaustion candle shows up what would you do okay now i don't have any buys in the chat right now all i see is sells sells cells okay across the chat it's all cells all over the place okay now there's multiple ways to look at this some people look at trends right how many of you guys understand how a trend works do you guys know the the general pattern of a trend right what's a what's a trend a higher high a higher low okay so if we're looking at this chart if this aussie usd 60 minute chart and you look at it and then you you bring in your son or your daughter or a toddler to look at the screen and say okay help daddy or mommy understand which way is the market going he or she will say up right he will he or she will say oh it's going up look at all those nice christmas colors going up but what exactly is making them say up it is this thing the idea of the low points getting higher and higher and the high points are getting higher and higher okay so the concept of higher high higher low sequences makes the idea of a person to say it is an up flow okay having that said how did this movement start the one i was trying to put the candlestick on it started with a movement strong move up very very aggressively michael yes very fast very strong then it moved making a higher high sequence higher low sequence great and then for the very first time we were unable to make a higher high and that exhaustion candle shows up so not only do we know the momentum each move subsequent move up is slowing down but we also see our trend is now at risk it is coming into trouble now if i sell this is this going to crash all the way down to here and then make a hole on my floor and go down to the first floor no obviously not right again where where it shows up makes a difference let's take your knowledge of this one one candlestick pattern okay i know we're going to talk about three but i want to take one one candlestick pattern and open it up so much that you can look at it with all different angles and be like i know what the world's looking at this as and i know what's going to happen okay so let's take this even further now okay let me delete all these lines a little bit more okay done okay terenda Navin can you see my messages because i can't see anyone yeah all of your messages for any of you guys who are typing i can see them and the team can see them but you won't be able to see each other's messages to avoid any confusion so you guys can call you know calmly just talk with me and we can have a conversation with each other but don't worry i can read all of your messages yeah all right all right cool cool arjuna is saying it's like a blind date that's exactly what it is except i'm dating a thousand other people and you guys don't know about it you know okay so here we go here we go so now i'm gonna change the scenario a little bit more okay so the markets were going up pulls back a little bit goes up pulls back a little bit goes up pulls back a little bit goes up no higher high drops down pulls back a little bit and now you see an exhaustion candle okay now i want to ask a question now i haven't even asked the question and the responses are already coming in but i'll ask a question calm down slow down okay i want to ask a question how do you see what is happening here now okay what do you see just happen here you saw the momentum fade okay you're not just looking for a candlestick pattern saying where the hell is my candlestick pattern because once i see the pattern i need to sell it and once i sell it i need to quickly go to the bank so i need to go to the ferrari dealership no no no no no okay you want to take it easy you want to understand the whole story so it was an uptrend dying out it was slowing down every step of the way and that uptrend with a higher high higher low sequence suddenly said no more higher highs no more higher highs in fact he made what what happened to my lowest point here what happened to that it got lower it got lower i now have my first lower high brand new brand brand new okay okay i'm walking you through this three-stage process of when do you touch a candlestick pattern when do you like a candlestick pattern when do you hate a candlestick pattern but the same pattern i'm walking you through very very slowly okay so please don't take this sim simplistically because it's not simple because many people make this mistake all the time all the time okay all right so far so good everyone with me we've made a first lower low and then a first lower high okay now i want to ask you guys one thing here okay would you sell that candlestick pattern okay yes okay a lot of you guys are saying yes some i see so i see one or two no's i see one guy said wait but i'm seeing yeses from the rest okay i see 100 yes also okay good good now we're getting somewhere let me open it up even deeper let me open it up even deeper okay okay here we go here we go let me get rid of all this and i want to take it even further okay ready for this now let me ask you something markets are going up bam they start rising bam they start rising bam they start rising okay i want you to think of anything in the world that you know about anything that you can actually purchase okay what happens to okay ben is saying pineapples let's say this this uptrend is for pineapples okay we're gonna i've never used pineapples as an example but here we go pineapples okay so we are buying pineapples right this chart represents pineapples are hot these days hashtag pineapples okay that's the new trend now everyone is behind these pineapples they're like no matter what happens i gotta get that pineapple okay i gotta get that pineapple so what people are trying to do is to say if i can get a good price on the pineapple hopefully the pineapple rises in price again into the future that i can sell it for a profit so far so good okay i want i want you guys to put yourself in the shoes of this design so the markets are going down down down down down sideways sideways sideways sideways sideways okay are you a seller in this stage just put yourself in the shoes of any average person okay some people are saying no i'm not interested in selling it's sideways market and everything like that okay the market goes up a little bit and then it goes down more are you a seller okay now some yeses are coming in okay then the market goes up a little bit are you a seller okay i see some no's i see some yeses notice how mix mix results right okay then the market goes down a little bit are you a seller okay see some knows then the market jumps up just slightly are you a buyer okay mixed results then the market goes down and then jumps up very aggressively are you a buyer then the market pulls down a little bit and jumps up aggressively are you a buyer okay now the entire chat has turned into a yes okay compared to earlier this whole era people were the focus point was is it still a sell or not i don't i don't get it is this still a sell or not but only after it makes a visual appeal to you saying look how high it's gone that's when people say of course it's a bye you know my grandma can see it my mom can see it my kids can see it my dog can see it everyone can see it of course it's a buy so i want you to remember one thing at least from this webinar is when someone notices a direction it's too late it's too late so that means when a market is doing this and then it's going up like this and this and this people do not buy that people buy this less more people buy this most people buy that agreed okay you don't want me to repeat the chart of bitcoin for everybody okay bitcoin is gone from the news it is unspoken of anymore except bitcoin.com and stuff like that but it is not even spoken about anymore because it's no longer cool right so if people chase it once it becomes popular let me ask you one question now if this starts to pull back slightly and goes down that deep and then it goes up and then it goes down a little bit more and then you get a hammer do you want to buy now have mixed results again okay there are some yeses there are some no's do you see what i'm doing here i'm using that same pattern i'm just putting in different places of the market and all of your answers change all of your answers change because you're learning how to read the market instead of reading the pattern if you read the pattern you will fail if you learn the market structure you read the market and then you use the pattern you will win and then you can say i know how to trade that pattern there's a difference if not do you understand the pattern can you trade the pattern there are two different things okay so far so good everyone with me so far okay now i'm gonna take this entire scenario and i'm gonna redraw it one more time for you to get a quick aha moment yeah very very quickly here we go here we go delete delete okay we're going to do this in under one minute so markets are going up 100 pips pulls back 30 pips goes up 200 pips exhaustion candle shows up right on top sell it no good good you're talking like pros now let everybody else sell it not you guys let them sell it they like candlestick patterns let them sell it no worries market goes down goes down 70 percent then it goes up unable to make a higher high exhaustion candle shows up sell it now you can but what do you know about this cell is this cell gonna go down to make new lows and and show up on the news that oh my goodness that exhaustion candle that showed up on the markets today it broke the market you know it took microsoft all the way down to zero no no no you know you can sell it but don't forget you are in an uptrend you're in an uptrend but because the uptrend is dying there's a chance that he can come in quite deep good that's an in and out kind of trade very good you're getting somewhere now let me take this even further here we go let's remove some okay now the market starts to go down bam pulls back and from this pullback exhaustion candle shows up pinbar can i sell it oh yeah you better be on that cell because why why should you be on that cell remember the world is looking at buys they just want to buy they haven't grasped it's a cell yet now the market goes down and pulls back and goes down and pulls back and goes down and pulls back and then an exhaustion candle shows up sell it doesn't this look exactly the same as this but now your answer to how do you deal with it changed same pattern exactly the same pattern in three different locations and your all of your answers are different from how you would trade it right i haven't changed anything i'm using the same pattern for you guys but you guys are getting smarter on how to use that pattern okay the further price goes the more people are on that cell okay the earlier it is more people are buying and buying and buying if you were dealing in stocks okay luckily you guys are all in forex so you don't have this concept of if i want to buy something someone has to sell to me if i have to buy something someone has to sell to me does everyone understand what i just said that one small sentence many of you guys me or maybe not any of you guys here but many traders who are in just forex don't never thought of that because there's so much liquidity they never have to think about it because if they hit buy they get the buy if they hit sell they get to sell so they never think about there needs to be somebody on the other side if you want to sell over here down here someone needs to hit the buy button so you can sell to them correct but who is hitting the buy down there everyone is selling remember the whole public mentality is sell sell sell sell and if we want to sell also who are we buying it from who are we selling to so but up here if the public hasn't switched to a sell side yet and they're focusing on the buys still can you not sell to them willing to buy at these high prices up in the sky because the market kept going higher and higher and higher and if you want to sell hey anyone will buy from you you're willing to sell they're like oh they're hungry for profits they've been seeing it go up for so long they're like i can't wait to get a piece of this and when you hit the sell button they're like no problem i'll buy it from you so you get a fill you get your 100 shares that you want to sell someone on the other side says i will take that hundred thank you very much but the lower you go on the other side they're also looking to sell you're also looking to sell how do you how do you get a buyer so that candlestick pattern down there has less odds of working one pattern different locations different approach yes so far so good how many guys can say you officially understood the logistics of patterns now okay yeah good good i'm glad i'm glad yeah so it is not about how much can you study it is not about how many degrees can you put in your belt it is about how can you make use of that information otherwise what's the point of learning ridiculously non-stop you can fill your house and make it look like a library but yet it doesn't mean you have a scent of knowledge because you don't know how to use it does that make sense okay so a person with 500 degrees and you with zero degrees but know how to use what you've learned so far is a lot smarter in my eyes than the person with so many degrees but zero application skills yeah okay there you go yeah so don't get don't live in that illusion so shall we look at our trade from today okay i took some trades i took a trade aussie usd that you heard earlier lucas was on that one as well and i did one for euro yen and marco was you know eyeing that this morning as well so we'll go into both of those trades and i want you to tell me did i get the first good price second good price or a bad price okay you will be the judge of this and you will tell me very bad Navin or very good you can you can judge me accordingly based on what you've learned so far yeah oh i see some people you're saying first time here welcome welcome and some of you guys you said you were late don't worry about it it's recorded i'm sure some of you guys couldn't get in again once again i really apologize for that how many of you guys here actually picked up the mastering price action during easter okay anyone here who doesn't have the measuring price action is and anyone in here who doesn't have the mastering price action course okay so i i do see there are some people here who don't have it what i'll do is towards the end of this webinar okay we'll go for go on for another 10 minutes towards the end of the webinar i'll extend the issuer promotion so you can pick up the mastering price section 2.0 for that easter price of 99 yeah so you won't have to pay the the 149 dollars you'll i'll extend that promotion out for you towards the end of this webinar and i'll i'll get it for you but for now i want you guys to all stay here and focus okay so here we go here we go okay all right right now everyone's typing in the reviews about mpa so unfortunately you guys can't see that but there's a lot of good reviews of people saying you know they really absolutely love it and stuff like that so life-changing some of you guys are saying so i'm glad you guys like it thank you for your feedbacks on that okay so aussie usd let's have a look let me go down to the 15 minutes let me open up my charts now can you tell me this guy over here what kind of candlestick pattern is that what kind of candlestick pattern is that inverted hammer okay inverted hammer so i sold that over there so i have multiple choices of where i can sell from but i sold from over there how come i didn't hold on and write it as long as i could okay this particular trade i made 3.9
r on this which is approximately 390 okay so if you were risking 100 you made 390 dollars basically you know in a nutshell okay so what are we seeing here so a lot of the people are saying it's a lower high adjusting you're saying too low to keep going okay momentum is still going robert you're saying joseph you're saying because it was far from original start of the trend okay upside down hammer he had yes that's correct already in a downtrend so it could be a reverse christopher will okay very good now shall we look at this closely of i need to know should i pay attention to my patterns on this or not can you guys when you look at this chart tell me where the cells began just by looking at this chart like if you bring your dog back in and saying okay doggy Navin needs you again tell him which direction is the market going all right so your dog comes in your dog's looking at the charge he's like okay rough down okay so it's been going down since this price here right now my trade is is down there like i can barely you know see it it's all the way down there let's have a look at this in terms of structure so how i trade these things is i start from my 60 minutes as my larger player and i work my way from there so i'm looking at the 60 and i'm watching this momentum of what is going on with this who are the players into the market what is the momentum and you will walk with me into this entire trade not by pattern but by reading the market closely okay you ready we'll do this together we're going to go step by step i'm going to ask you the question you guys are going to answer okay so i'm on the 60 minute now if i just open this chart i see the markets were heavily going down from here agreed lower high lower low sequence which means downtrend so far so good what happened to that downtrend that low that got lower stopped getting lower so far so good then it turned into an uptrend higher high higher low sequence okay as that higher high higher low sequence started people started to begin to buy it much late in the face they don't buy it initially they only buy it once it's a given right so it starts going up but that up suddenly turns into a sideways momentum because we never get a higher high we keep getting higher lows along the way but we never get a higher high which means it can no longer be called an uptrend it becomes a some kind of consolidation okay consolidation basically means the market's not going anywhere it's getting stuck okay christopher will you're saying range is range is our friends yeah there you go there you go from the mpa man good job all right so now in this process the cell took over it came down hard bam made its first lower low here first one okay and then it pulls back here would you say that is the first lower high the brand new cell while the world is still looking at a possible buy there's a brand new cell coming so i know all of you guys are thinking Navin why why didn't you sell that what is wrong with you i know i was sleeping i'm sorry like i wasn't there i want that trade too trust me i want that trade as much as you are like dude sell that i i want it badly i was sleeping okay so i come into the office i see that as a lower low so i'm aware i'm late okay i'm aware i am late to the party but remember that momentum i was talking about no it doesn't mean do not sleep anymore guys it means it's okay you can get on to the next trade it's fine all right so the markets move down so let me delete all these things again and i'm going to focus just from the arrow yeah i can't get rid of all this okay here we go so here we are now of the market move down first time lower low first time lower high it's just starting bam this trade missed by intervene sleeping okay can you tell me something about this momentum how did it move down and then when it pulled back and he came down again how did it move down would you say he's slowing down or has he still got power oh yeah he's got some balls right sorry i shouldn't say balls in case there's kids here he's got some kahunas right there we go is it moving right so it's like yeah now give me a pullback and i'm gonna i'm gonna sell it so he pulls back to an snr area and he's holding there now all of you guys like Navin sell that you monkey sell that why aren't you selling that i know i wasn't there unfortunately on that part too i just wasn't there okay so i missed that cell as well yes i was making coffee i come into the i come into the office and then i see marco talking about it saying sorry lucas talking about it saying i'm really interested in getting into the aussie usd sells and he hits it you know he hits it around those areas and he and he takes the cell okay now i'm at a dilemma the markets are moving i know the markets are strong i missed two main entries okay i missed two main entries i'm sulking i'm sulking like this is ridiculous you know how can i miss this damn you sleep in coffee okay all right now fast forward to the moment where i'm watching this carefully because i want to understand what can i do if i should do anything okay if i should do anything okay so all jokes aside so far so good everyone with me okay okay let's take this a little bit deeper now now there's a lot of money to be made obviously right unfortunately not in any of that but let's take it to where now it gets very interesting okay let's get rid of all these drawings we'll get you right up and close to a clean chart okay here we go now the markets are starting to move and i don't have that price okay let me go into the 15 minutes now okay the 15 minutes i see when the markets were going up and up and up obviously when i hit the support and resistance and i started seeing these kind of candlestick patterns it gets me interested you know it gets my interest is like prepare for selling new monkey but i didn't sell it okay i didn't sell it the market shoots away how does it shoot away do you guys remember this design it was an uptrend what just happened to that uptrend a first time lower low and then that lower high i took that i took that cell but remember when we were on the 60 minute how low in that sequence am i selling am i selling brand new that the whole world is buying and i am selling it no i sold late i sold late which means i can't hold on it's risky there you go it's risky so when i sold that i know i am not selling it for for long term i'm selling it for a quick in and out that in and out pays well too if you're entering nicely it pays well it gives you nice money too so my return on this is 3.9R which is like i said 390 so far so good makes sense so you see how that candlestick pattern is there that candlestick pattern alone just tells me to sell but i don't know what to do with that cell how do i do i even enter it do i hold on do i get out soon i have no clue what to do with that pattern if i don't read the market carefully but all i've done is taught you how to basically read the market in a matter of 50 minutes and it's changing your pers perspective it's changing your perspective on how you're looking at a simple candlestick pattern right so now do you can you come to a conclusion of how professional traders use candlestick patterns to trade are they using a candlestick pattern itself to trade no it is where the candlestick pattern shows up that makes the difference okay is that making sense how many of you guys would say you had an aha moment today yeah okay there's quite a few good good i'm glad i'm glad i don't want you guys ever to leave any of my webinars without learning something okay if you guys leave my webinars without learning something you email me i am in trouble okay good i'm glad i'm glad so would you say this was difficult what you've learned today is it is it difficult no but the thing is that because it's so simple it's so easy many people just ignore i think it's the basics i don't want to learn the basics it's just for kids no you have to get the foundation right you have to get the foundation right it's not hard it's actually quite easy but you know how which direction to focus someone needs to point you in the right direction yeah all right so all you guys who were saying you guys do not have the matching price section course as we're getting ready to wrap up i wanted to bring this up let me let me actually turn off back my turn off my screen sharing and bringing you guys back to humanity where where are we okay okay you guys can see me just fine yeah okay cool cool cool okay yeah so basically all of you guys who said you guys do not have the matching price section course you guys can pick it up for the easter easter promotion i will extend it out for another couple of sorry another 24 hours for you guys you know we're way past easter it's not nice to celebrate easter when you're past easter like this but you know because it's a special webinar i want you guys to really make use of growing and learning and being the best you can be because as you've seen in this webinar it is not so difficult it's just you need to be pointed in the right direction and with the right thought process so this is a eight week long program course once the eight weeks are over you can still keep all all the material i won't take it away from you it is yours to keep forever it's an eight week long program week after week i will walk you through on how to read the markets with various things such as even the thing we talked about the momentum stuff that's in there as well where i talk you through on how to read that momentum professionally but in an easy way so you don't get lost in it you know and confused so all of this is available armand you know one of the one of the panelists i think armand will put it in the chat room for you guys on how to pick it up you are able to pick it up you can go to www.urbanforex.com/easter okay i know it's very difficult to remember but it's urbanforex.com/easter okay otherwise our most put in the chat for you you can copy and paste it onto your browser and you will be able to pick up the meshing price action course for a discounted price of 99 now those of you are watching the recording this is a one-time thing only chances are if you're watching this recording you're not going to get that deal so you know i apologize for that in advance so all right so before we end this yes agreed did we all have a successful breakthrough in the knowledge today aha moment are you walking away smarter and better than before when you walked in yes sometimes the best answer is just showing up okay surrounding yourself with people who know what they're doing you just gotta show up and you will learn you will learn you will be better okay you just gotta show up so thank you all for coming here today i know you know for many places that there's still a lockdown going on and there's curfews and stuff like that stay safe take care of your families we're always here for you if you ever need us you can email us at info@urbanforex.com thanks guys until next time see you then cheers bye for now
you
2021-02-27 17:29
