Hey my dear traders, so glad you’re back, today we’re talking about one interesting
and simple strategy!
It is perfect for both beginners and those who had already learned how to make money
on binary options.
Be sure to watch this video till the end because its gonna be really useful for you, a lot
of hacks here today, and if you use them properly you can make your profit much bigger.
In this video our topic is trend, upward and downward ones, how to trade on a trend, how
to trade against it, and we’ll also analyze bull and bear engulfing patterns today, and
we’ll be opening our deals with them today.
I really hope this video is gonna be both interesting and useful for you, so sit comfortable
and we get started.
So guys first of all, our pattern bull or bear engulfing patterns, this is a patterns
consisting of 2 candles, approximately the same in size, but of different colors.
Right here is a perfect example of our bull engulfing pattern, we can mark it so we don’t
get distracted by other candles. 2 perfect candles here, look, red one meaning there
was a fall from this level to this one.
The next candle turned out to be green and almost covered the whole previous fall.
So it was some kind of engulfing of previous fall.
This is why the pattern is called engulfing.
this is a bull engulfing because the green candle engulfs the red one.
Bear engulfung is vice visa when red candle engulfs the bull one.
So bull is green and bear is red.green means growth and red means fall.
The pattern is formed at the very bottom and means reverse of the market.
We see downward motion, its really important to know how to determine the trend we’re
trading on, here we clearly see downward motion as its going from top to bottom, at the very
bottom a bear engulfing pattern is formed, after which the growth is started.
Here it is, starting from the pattern itself and finishing on similar pattern.
We also see bull engulfing pattern in the middle of the trend, so we can use is as a
reversive model when we’ll be trading against the trend, and as trend’s continuation model.
Lets figure out this pattern, its a bull engulfing here too, as there’s a red candle and a
green one which engulfed the previous fall.
This pattern means the market’s growth, it may be growth followed by growth, as we
see the chart is growing, this pattern is being formed, and the chart continues to grow.
In this case we’re talking about trading on a trend, the trend is growing and we open
a deal with higher.
I hope its clear.
In this case vice versa the trend is falling, but we open a deal with higher as well because
the pattern is a bull one.
So after a bull pattern the growth is prognosed.
And in this case we open a deal against the trend.
Let me remind you that when we work against the trend, we need to be accurate and wait
for possible corrections or entry points, after which we can open a deal with higher
safely.
And when the trend’s continuation model is happening and the trend is growtng, we
open a deal following the direction, we can be more confident here about our deal.
So here we can see bear engulfing pattern which I’ve mentioned earlier, this is a
pattern consisting of green candle and red candle engulfing the previous growth.
So here’s the small green candle, well its small comparable to this big red one.
At the very top of the chart there’s an engulfing as the trend was growing for long,
lets mark it.
So right from here to here there was a growing trend, at its peak a bear engulfing pattern
is being formed, consisting of those 2 candles, and the trend is downward now.
And here we see continuation pattern, the same pattern as this one, we see it now once,
for example we can take this case, here’s also downtrend’s continuation pattern, so
we see green candle and red one engulfing our previous growth.
And ofc this pattern is followed by fall.
We can trade on 2 cases here: we can trade against the trend but more accurately, or
we can trade on a trend, it’s a downward one, we open a deal with lower bc of bear
pattern, the last candle is red remember?
And we’ll be more confident about trading here.
so.
I hope its all clear, lets move to practice, its gonna be more understabadle when we practice.
We trade on 1 min time frame, time frame of the candle is 1 min too, you should copy those
inputs so you can earn together with me.
We start with 100 dol on balance and we’ll try to make it several times bigger.
Well guys the 1st deal comes to its closure, it’s a profit!
Such a good case, an uptrend was here, lets draw it so its visually represented.
Look, somewhere here is the bottom of the trend and somewhere here – the peak of the
trend, or its gonna be continued.
Here our bull engulfing pattern is formed, I’ve been talking a lot about it, here is
this pattern.
We have a red candle, a green one and it means that this pattern, in this case it’s an
uptren’s continuation pattern, I expect to be followed by a growth continuation.
So the deal was opened with higher, the next candle was green and we earned on that.
Also guys, a very important thing, its time to say it.
Such a case as flat is formed here.
we see that all the candles are opened and closed approximately in the same range.
When there is no uptrend or downtrend, we do not trade!
Because the pattern may be worked out nor correctly so it’s a loss for us.
We need to understand that it must be a clear downtrend or uptrend.
So, here, at the bottom, it was also some risky case which I do not recommend you to
trade on.
Because all the candles were closed approximately in the same range, and its actually unclear
whether its gonna be a trend’s continuation or reverse.
Here the case is similar, there’s some corridor and its better not to trade within it, you
should look for a more confident entry points, after some clear downtrend or uptrend.
It is really important to keep in mind guys, I had to warn you, so we go on now.
So guys the 2nd deal is closed in a profit, yes the case was risky, but a small rollback
is enough for us to make this deal closed.
Here its pretty simple, we were already analyzing downtrend and uptrend on this pair, here we
see a new uptrend in which frameworks our pattern is formed – bull engulfing, we can
take a closer look.
We have a small red candle which is being engulfed by a huge green candle.
So its some kind of correction to our growth as we see that now the uptrend is continued,
and this is why I opened a deal with higher after this pattern was formed, and we earned
on that.
Guys its not a rule that the next candle is green, sometimes its red, so you should open
deals accurately and you should not bet the whole deposit amount.
Well guys another deal is closed perfectly, lets analyze the case.
There’s aa long uptrend which is started from bull engulfing pattern as well, we see
the red candle, the green one, and this or this thing can be considered as the start
of the trend.
Here we see the previous correction, which was formed with the help of bear engulfing
pattern, green candle, red candle and then, a fall.
Here’s the same case, green candle, red one, and the deal was opened with lower – as
the further correction is supposed to happen, or a total reverse to this uptrend.
What matters is that the deal is closed in a profit, and what’s going on next doesn’t
really matter.
So guys a refund of the deal is what we’ve got, we neither earn nor lose, but opening
the deal was reasonable, some uptrend after a small consolidation you know, and here a
bear engulfing pattern is formed, green and red candles, but unfortunately the market
equaled, it didn’t go higher or lower, and if the deal was opened a little later – we
would earn, because now the fall we’ve been waiting for and expecting it – is started.
But we won’t open a deal here, too late guys, so lets keep looking for the next case.
Well guys the final deal is closed, it is a profit, great!
And the case is simple, there’s a downtrend which is started somewhere here, we don’t
know whether its gonna be continued or finished, but what matters is that a pattern is formed
here – we’ve been talking about it, it is a bear engulfing pattern, so we have a
green candle, red candle, the red one engulfs the whole previous growth which means a fall
is supposed to happen next.
And as the trend is already downward, we’re trading on a trend in a downward direction.
So guys we managed to make deposit 2,5 times bigger in this small video, so good, and we
also were not risking too much, we were trading carefully.
I think this video is a perfect demonstration of the rule: if you know how the market works,
its mechanics, if you dedicate some time to practice and learn on my video, then you’re
ready to earn on your own.
In my tg channel I keep posting announcements for my next videos, and I’ll be telling
you about some new interesting strategies, so if you don’t want to miss fresh information
and updates, and also records of trading on signals, - then go to my free tg channel,
the link is in the pinned comment.
That’s it for today guys, I hope the video was both interesting and useful for you, be
sure to subscribe if you enjoyed it, put your likes, and I don’t say goodbye for long
as we’ll meet really soon in my next video.