varichhy@hotm ail.com30Jan 2019
BO Turbo Trader Price Action Bible for Binary Options Options Turbo Turbo Trading (1st Edition - 22.11.2018)
PREFACE This ebook was created as additional educational material to the provided videos on BO Turbo Trader Youtube Channel. This ebook is only to use in combination of those above mentioned videos to understand every concept provided on every page of this ebook. At top of every every page you find a link to the specific youtube video of the topic of the page. If you need to get in to touch uch with me you can find can find contact details at the last page of this ebook. Further i want to thank all those who motivated me doing first of all the videos and further this ebook, my family, my dog, my subscriber, my fanboys, my hater and all those from iq option chat, they know about who i’m talking. This ebook is a property of BO Turbo Trader.
varichhy@hotm ail.com30Jan 2019
BO Turbo Trader Trader Price Action Action Guide for Binary Options Turbo Trading CONTENT Page 4-13
Mindset for consistent profits
Page 14-43
Candlestick patterns
Page 44-52
Chart patterns
Page 53-92
Binary options turbo trading concepts concepts
Page 93-101
High probability trading setups
varichhy@hotm ail.com30Jan 2019
BO Turbo Trader Price Action Guide for Binary Options Turbo Trading RELATED VIDEOS Deep explanation price action
Best binary options strategies
Price action trading
Money management strategies
Mindset for consistent profits
Real account trading
Live trading sessions
High probability trading setups Live Trading Setups Examples Online Trading Support and Resistance trading Trade school how to use indicators important
Best reversal strategies Best continuation strategies Support and Resistance Best indicators Best candlestick patterns binary options news
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
BO Turbo Trader Price Action Guide for Binary Options Turbo Trading MINDSET FOR CONSISTENT PROFITS
CONTACTS
[email protected]
Facebook
boturbotrader (blogspot)
@boturbotrader
Facebook Group
boturbotrader (tumblr)
boturbotrader(youtube)
DISCLAIMER This ebook is not an investment advice. Your invested capital may be at risk and don’t trade with money you can’t afford to lose.
varichhy@hotm ail.com30Jan 2019
Mindset for consistent profits - BO Turbo Trader watch the corresponding video here
Consistent Profit
Practice on Demo Account + less than 10 000$ on demo balance + bet size below 1 $ and more + less number of trades + less times on demo average
Win Rate or Win Ratio +trades only that what he set up in his rules + he trades as less as possible and leaves the market +doesn’t change anymore his trading style or strategy +takes completely the responsibility +don’t need confirmation from no one and don’t listen to no one +doesn’t believe anyone or tries nothing without any proof + good win rate for his strategy or trading style or money management
Discipline +high discipline because lost lot of money +enters at the right time because of skil +cares about market condition 50% of the win +cares about news releases +cares about payout percentage +cares about bet size +strict money management +cares about quantity as less as possible +cares a lot of the quality trades +avoid a lot of trades which are not good +is not affected by emotions - cause he knows win ratio +takes responsibility +has no fear +don’t does multiple bets + bet and then calm down do another + does avoid trading emotionally
Money Management +knows when to stop exactly +knows exactly the bet size +to get as fast as necessary to his goal + don’t be affected by emotions + great discipline + great skill + great win rate
Emotions good win rate, good skill good and strict money management , good discipline EMOTIONS RESULT: CONFIDENCE OVERCOMES EMOTIONS
varichhy@hotm ail.com30Jan 2019
Mindset: How to trade binary options for consistent profit & returns (Practice) the right way - BO Turbo Trader watch the corresponding video here
LOW SKILL
MEDIUM SKILL
Newbie Trader
Average Trader
+ More than 100 000 $ on demo balance + bet size above 100 $ and more + a lot of trades + trades on demo all the day
+ less than 100 000$ on demo balance + bet size below 100 $ and more + medium number of trades + trades on demo average
HIGH SKILL
Pro Trader + less than 10 000$ on demo balance + bet size below 1 $ and more + less number of trades + less times on demo average
Practice Money
Consistent Profits
Real
QUIT
varichhy@hotm ail.com30Jan 2019
Mindset: How to trade binary options for consistent profit & returns (Win Rate) the right way - BO Turbo Trader watch the corresponding video here
LOW WIN RATE
MEDIUM WIN RATE
Newbie Trader
HIGH WIN RATE
Pro Trader
Average Trader
+trades every signal and strategy +trades too much +changes often his indicators +doesn't care win ratio +doesn't take responsibility +blames everyone else not himself +need confirmation from others +believe everyone and tries everything
+only moderate signals +he changes only a bit hit strategy or trading style +change his indicator only few +takes responsibility not completely +need not more confirmation build some kind of confidence +don’t anymore everyone and doesn't everything - what sounds logic +he cares win rate - has no idea how to increase
Practice
+trades only that what he set up in his rules + he trades as less as possible and leaves the market +does not change anymore his trading style or strategy +takes completely the responsibility +don't need confirmation from nobody and doesn't listen to nobody +does not believe anyone or tries nothing without any proof + good win rate for his strategy or trading style or money management
Time + Knowledge + Discipline
Win Rate
Real
QUIT
varichhy@hotm ail.com30Jan 2019
Mindset: How to trade binary options for consistent profit & returns (Discipline) the right way - BO Turbo Trader watch the corresponding video here
LOW DISCIPLINE
MEDIUM DISCIPLINE
HIGH DISCIPLINE
Pro Trader
Average Trader
Newbie Trader +low discipline because nothing loose and demo +enter to early into trades, because of reckless +wanna be rich or millionaer +doesn't care market condition +doesn't care about news releases +doesn't care payout percentage +doesn't care bet size +no money management +doesn't care quantity of trades +doesn't care quality of trades +not affected by emotions +they have no fear of a trade +spider trading - multiple bets
Practice
+medium discipline because he already lost money +don't enters anymore so often early but he enters sometimes more often lately +care more or less about market condition + care more or less about news releases + care more less about payout percentage +care about the bet size +has some kind of money management +care about quantity of trades +care more or less about quality of trades +affected by emotions which leads sometimes to irrational behavior +has some fear of trade +do not more so often multiple bets
+high discipline because lost lot of money +enters at the right time because of skil +cares about market condition 50% of the win +cares about news releases +cares about payout percentage +cares about bet size +strict money management +cares about quantity as less as possible +cares a lot of the quality trades +avoid a lot of trades which are not good +is not affected by emotions - cause he knows win ratio +takes responsibility +has no fear +don’t does multiple bets + bet and then calm down do another + does avoid trading emotionally
Discipline Consistent Profits Real
varichhy@hotm ail.com30Jan 2019
Mindset: How to trade binary options for consistent profit & returns (Money Management) - BO Turbo Trader watch the corresponding video here
NO or LOOSE MM
Newbie Trader +No or loose MM because of bad win rate +win rate = discipline + skill +mm = win rate +discipline
MEDIUM STRICT MM
HIGH STRICT MM
Pro Trader
Average Trader +amount of trades - don't know when to stop +bet size - don't know how much to bet +balance - don’t care to blow his account when under affect emotions + not the best win rate + not the skills +not the discipline
+knows when to stop exactly +knows exactly the bet size +to get as fast as necessary to his goal + don't be affected by emotions + great discipline + great skill + great win rate
Practice / Real Time + Discipline
MM
Consistent profit
QUIT
varichhy@hotm ail.com30Jan 2019
Mindset: How to trade binary options for consistent profit & returns (Money Management) - BO Turbo Trader watch the corresponding video here
FIX AMOUNT
MARTINGALE
+ Any balance + Fix bet size + Percen ta ge or amou nt + at least 60% win rate at a payout 80% + set your stop + depending on the payout
1$ 2$ 6$ 18$ 27$ 54$ +big balance + a variable bet size +above 60% +set your stop (out of money) Depending on the payout 1 3 9 36
INVERTED MARTINGALE Compounding 1$ 1+1.8$ 2.8$ 4. 20$ +any balance +variable bet size + a high win rate or lot of luck + depending on payout
MASANIELLO + + + +
Adjusting it on your skill level and win rate Predefined bet size Any balance Dep end in g on pa you t percentage
varichhy@hotm ail.com30Jan 2019
Mindset: How to trade binary options for consistent profit & returns (Emotions) the right way - BO Turbo Trader watch the corresponding video here
NO EMOTION
HIGH EMOTION
Newbie Trader
Average Trader
+no skill +no plan +no fear because nothing loose +no fear of blowing account +euphoric , excited
Real
MODERATE EMOTION
Pro Trader good win rate, good skill good and strict money management , good discipline
+fear to lose trade +fear to loose or blow his account +fear to entry too early +fear to entry too late +fear not to succeed Because of a lack of skill,win rate, discipline and or money management and this brings you to of lack of confidence
Time + Money
EMOTIONS RESULT: CONFIDENCE OVERCOMES EMOTIONS
Consistent profit
EMOTION
QUIT
varichhy@hotm ail.com30Jan 2019
Mindset: How to trade binary options for consistent profit & returns (Emotions) the right way - BO Turbo Trader watch the corresponding video here
W = Win Rate S = Skill D = Discipline E = Emotions W =S+D MM = W+ D Consistent profit = w * mm = (S+D)*(W+D) = D² + [...........] ___________ E
varichhy@hotm ail.com30Jan 2019
BO Turbo Trader Price Action Guide for Binary Options Turbo Trading CANDLESTICK PATTERNS
CONTACTS
[email protected]
Facebook
boturbotrader (blogspot)
@boturbotrader
Facebook Group
boturbotrader (tumblr)
boturbotrader(youtube)
DISCLAIMER This ebook is not an investment advice. Your invested capital may be at risk and don’t trade with money you can’t afford to lose.
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader watch the corresponding video here
Shooting Star (Inverted Hammer)
Takuri Line (Hammer)
EMA, Fibonacci Level, Bollinger Band and SnR EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader watch the corresponding video here
Shooting Star (Inverted Hammer)
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR
in uptrend between key levels market in strong uptrend max ⅔ wick in relation to real body (⅓ ) bullish real body
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below the closing price of previous candle and on rejection from below at least of ½ of real body of previous candle in upper direction. Do not enter into a CALL trade if price is below ½ of real body or breaking through opening price of previous candle.
-
price is pushed up till resistance rejection from resistance (sellers stepping in) close as bullish candle (buyers still in control) small or no lower shadow/wick/tail (no selling pressure)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of candlestick acts as resistance
ENTRY POINT
-
On next candle below closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader watch the corresponding video here
Shooting Star (Inverted Hammer)
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR
after uptrend at key levels market in healthy uptrend max ⅔ wick in relation to real body (⅓ ) bearish real body
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above the opening price of previous candle and on rejection from above at least of ½ of real body + shadow of previous candle in lower direction. Do not enter into a PUT trade if price is above ½ of real body + shadow or breaking through higher high of previous candle.
-
price is pushed up till resistance rejection from resistance (sellers stepping in) close as bearish candle (sellers in control) small or no lower shadow/wick/tail (no buying pressure)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of candlestick acts as resistance
ENTRY POINT
-
On next candle above opening price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader watch the corresponding video here
Takuri Line (Hammer)
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR
after downtrend at key levels market in healthy downtrend max ⅔ wick in relation to real body (⅓ ) bullish real body
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below the opening price of previous candle and on rejection from below at least of ½ of real body + shadow of previous candle in upper direction. Do not enter into a CALL trade if price is below ½ of real body + shadow or breaking through lower low of previous candle.
-
price is pushed down till support rejection from support (buyers stepping in) close as bullish candle (buyers in control) small or no upper shadow/wick/tail (no selling pressure)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick of candlestick acts as support
ENTRY POINT
-
On next candle below opening price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader watch the corresponding video here
Takuri Line (Hammer)
CRITERIAS
-
in downtrend in between key levels market in strong downtrend max ⅔ wick in relation to real body (⅓ ) bearish real body
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above the closing price of candle real body and on rejection from above at least of ½ of real body of previous candle in lower direction. Do not enter into a PUT trade if price is above the opening price of previous candle.
-
price is pushed down till support rejection from support (buyers stepping in) close as bearish candle (sellers in control) small or no upper shadow/wick/tail (no buying pressure)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick of candlestick acts as support
ENTRY POINT
-
On next candle above opening price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader watch the corresponding video here
Hammer / Hanging man
EMA, Fibonacci Level, Bollinger Band and SnR
Inverted Hammer
Rejection
EMA, Fibonacci Level, Bollinger Band and SnR
EMA, Fibonacci Level, Bollinger Band and SnR
EMA, Fibonacci Level, Bollinger Band and SnR
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader watch the corresponding video here
Hammer / Hanging man
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR
in uptrend between key levels market in strong uptrend max ⅔ wick in relation to real body (⅓ ) bullish real body
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below the closing price of previous candle and on rejection from below at least of ½ of real body of previous candle in upper direction. Do not enter into a CALL trade if price is breaking through opening price of previous candle.
-
price is pushed down till support rejection from support (buyers stepping in) close as bullish candle (buyers still in control) small or no upper shadow/wick/tail (no selling pressure)
SUPPORT AND RESISTANCE
-
lower low (LL), upper shadow/tail/wick of candlestick acts as support
ENTRY POINT
-
On next candle below closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader watch the corresponding video here
Hammer / Hanging man
CRITERIAS
-
in uptrend at key levels market in healthy uptrend max ⅔ wick in relation to real body (⅓ ) bearish real body
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above the closing price of previous candle and on rejection from above at least of ½ of real body of previous candle in lower direction. Do not enter into a CALL trade if price is breaking through opening price of previous candle.
-
price is pushed down till support rejection from support (buyers stepping in) close as bearish candle (sellers still in control) small or no upper shadow/wick/tail (no buying pressure)
SUPPORT AND RESISTANCE
-
lower low (LL), upper shadow/tail/wick of candlestick acts as support
ENTRY POINT
-
On next candle above closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader watch the corresponding video here
Inverted Hammer
CRITERIAS
-
in downtrend at key levels market in healthy downtrend max ⅔ wick in relation to real body (⅓ ) bullish real body
PATTERN PSYCHOLOGY EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below the opening price of previous candle and on rejection from below at least of ½ of real body of previous candle in upper direction. Do not enter into a CALL trade if price is breaking through closing price of previous candle.
-
price is pushed up till resistance rejection from resistance (sellers stepping in) close as bullish candle (buyers still in control) small or no lower shadow/wick/tail (no selling pressure)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of candlestick acts as resistance
ENTRY POINT
-
On next candle below opening price of previous candle
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade hammer, inverted hammer, takuri line, shooting star and hanging man - BO Turbo Trader watch the corresponding video here
Inverted Hammer
CRITERIAS
-
in downtrend in between key levels market in strong downtrend max ⅔ wick in relation to real body (⅓ ) bearish real body
PATTERN PSYCHOLOGY EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above at least of ½ of real body of previous candle in lower direction. Do not enter into a PUT trade if price is breaking through opening price of previous candle.
-
price is pushed up till resistance rejection from resistance (sellers stepping in) close as bearish candle (sellers still in control) small or no lower shadow/wick/tail (no buying pressure)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of candlestick acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade Dragonfly Doji and Gravestone Doji at major key levels - IQ Option - BO Turbo Trader watch the corresponding video here
Dragonfly Doji EMA, Fibonacci Level, Bollinger Band and SnR
EMA, Fibonacci Level, Bollinger Band and SnR
Gravestone Doji
Rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade Dragonfly Doji and Gravestone Doji at major key levels - IQ Option - BO Turbo Trader watch the corresponding video here
Dragonfly Doji
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR
in uptrend in between and at key levels market in strong uptrend longer lower shadow with no or small upper shadow no or small real body
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from above at max of ¼ of lower shadow of previous candle in upper direction. Do not enter into a CALL trade if price is breaking through more than ¼ of lower shadow of previous candle.
-
price is pushed down till support rejection from support (buyers stepping in) close with bigger lower shadow (buyers still in control) small or no upper shadow/wick/tail (no selling pressure)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick of candlestick acts as support
ENTRY POINT
-
On next candle below closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade Dragonfly Doji and Gravestone Doji at major key levels - IQ Option - BO Turbo Trader watch the corresponding video here
Dragonfly Doji
CRITERIAS
-
in downtrend in between and at key levels market in strong downtrend longer lower shadow with no or small upper shadow no or small real body
PATTERN PSYCHOLOGY
EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above at least of ¼ of lower shadow of previous candle in lower direction. Do not enter into a PUT trade if price is breaking through and above of previous candle closing price.
-
price is pushed down till support rejection from support (buyers stepping in) close with bigger lower shadow (buyers still in control) small or no upper shadow/wick/tail (no selling pressure)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick of candlestick acts as support
ENTRY POINT
-
On next candle above closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade Dragonfly Doji and Gravestone Doji at major key levels - IQ Option - BO Turbo Trader watch the corresponding video here
Gravestone Doji
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR
in uptrend at key levels market in healthy uptrend longer upper shadow with no or small lower shadow no or small real body
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above at max of ¼ of upper shadow of previous candle in lower direction. Do not enter into a PUT trade if price is breaking through more than ¼ of upper shadow of previous candle.
-
price is pushed up till resistance rejection from resistance (sellers stepping in) close with bigger upper shadow (sellers still in control) small or no lower shadow/wick/tail (no buying pressure)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of candlestick acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade Dragonfly Doji and Gravestone Doji at major key levels - IQ Option - BO Turbo Trader watch the corresponding video here
Gravestone Doji
CRITERIAS
-
in downtrend at key levels market in healthy downtrend longer upper shadow with no or small lower shadow no or small real body
PATTERN PSYCHOLOGY EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below at max of ¼ of upper shadow of previous candle in lower direction. Do not enter into a CALL trade if price is breaking through more than ¼ below the closing price previous candle.
-
price is pushed up till resistance rejection from resistance (sellers stepping in) close with bigger upper shadow (buyers still in control) small or no lower shadow/wick/tail (no selling pressure)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of candlestick acts as resistance
ENTRY POINT
-
On next candle below closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade spinning top, long-legged doji, high wave and rickshaw man - BO Turbo Trader watch the corresponding video here
spinning top - long-legged doji and the high wave EMA, Fibonacci Level, Bollinger Band and SnR
spinning top
high wave long-legged doji doji
EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade spinning top, long-legged doji, high wave and rickshaw man - BO Turbo Trader watch the corresponding video here
spinning top - long-legged doji and the high wave CRITERIAS -
EMA, Fibonacci Level, Bollinger Band and SnR
in uptrend at and in between of key levels market in healthy uptrend similar or equal upper shadow and lower shadow no or small real body
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above from upper shadow ((HH) of previous candle in lower direction. Do not enter into a PUT trade if price is breaking through the higher high of precious candle without any sign of rejection.
-
price is pushed up till resistance or pushed down till support rejection from resistance or rejection from support close with similar upper and lower shadow (indecision) longer the wicks more volume and volatility in the market small (high wave) or no real body (long-legged doji)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of doji acts as resistance lower low (LL), lower shadow/tail/wick of doji acts as support
ENTRY POINT
-
On next candle above closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade spinning top, long-legged doji, high wave and rickshaw man - BO Turbo Trader watch the corresponding video here
spinning top - long-legged doji and the high wave CRITERIAS -
in downtrend at and in between of key levels market in healthy downtrend similar or equal upper shadow and lower shadow no or small real body
PATTERN PSYCHOLOGY EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below from lower shadow (LL) of previous candle in upper direction. Do not enter into a CALL trade if price is breaking through the lower low of precious candle without any sign of rejection.
-
price is pushed down till support or pushed up till resistance rejection from support or rejection from resistance close with similar upper and lower shadow (indecision) longer the wicks more volume and volatility in the market small (high wave) or no real body (long-legged doji)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of doji acts as resistance lower low (LL), lower shadow/tail/wick of doji acts as support
ENTRY POINT
-
On next candle below closing price of previous candle
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade simple pattern like pin bar, pinbar or pinocchio bar candlestick pattern - BO Turbo Trader watch the corresponding video here
Pinbar - Pin bar - Pinocchio bar - Kangaroo Tail EMA, Fibonacci Level, Bollinger Band and SnR bullish pinbar
bearish pinbar
EMA, Fibonacci Level, Trendlines Bollinger Band and SnR
Rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade simple pattern like pin bar, pinbar or pinocchio bar candlestick pattern - BO Turbo Trader Pinbar - Pin bar - Pinocchio bar - Kangaroo Tail
watch the corresponding video here
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR
in uptrend at key levels market in healthy uptrend (PUT) in strong uptrend (CALL) shadow/wick/tail max ⅔ of real body ⅓ no or small lower or upper shadow bearish real body
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above from ½ or real body of previous candle in lower direction.
-
price is pushed down till support or pushed up till resistance rejection from support or rejection from resistance close with longer shadow ⅔ than real body ⅓ close as bearish candle (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of candle acts as resistance lower low (LL), lower shadow/tail/wick of doji candle as support
ENTRY POINT
Do not enter into a PUT trade if price is breaking through the opening price of precious candle without any sign of rejection.
-
On next candle above closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade simple pattern like pin bar, pinbar or pinocchio bar candlestick pattern - BO Turbo Trader watch the corresponding video here
Pinbar - Pin bar - Pinocchio bar - Kangaroo Tail
CRITERIAS
-
in downtrend at key levels market in healthy downtrend (CALL) in strong downtrend (PUT) shadow/wick/tail max ⅔ of real body ⅓ no or small lower or upper shadow bullish real body
PATTERN PSYCHOLOGY EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below from ½ real body of previous candle in upper direction.
-
price is pushed up till resistance or pushed down till suport rejection from resistance or rejection from support close with longer shadow ⅔ than real body ⅓ close as bullish candle (buyers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of candle acts as resistance lower low (LL), lower shadow/tail/wick of candle acts as support
ENTRY POINT
Do not enter into a CALL trade if price is breaking through the opening price of precious candle without any sign of rejection.
-
On next candle below closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the tweezer top and tweezer bottom candlesticks the right way - BO Turbo Trader watch the corresponding video here Rejection
Tweezer top EMA, Fibonacci Level, Bollinger Band and SnR
Tweezer bottom
EMA, Fibonacci Level,
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the tweezer top and tweezer bottom candlesticks the right way - BO Turbo Trader watch the corresponding video here
Tweezer top
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR
after uptrend at key levels market in healthy uptrend (PUT) shadow/wick/tail and/or real bodies at same high bullish candle followed by bearish candle
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from forelast candle opening price in lower direction. Do not enter into a PUT trade if price is breaking through the opening price of forelast candle without any sign of rejection.
-
price is pushed up till resistance rejection from resistance, finishing bullish candle price is pushed up again till resistance rejection from resistance, finishing bearish candle closing as bearish candle (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of both candles acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and opening price of forelast candle.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the tweezer top and tweezer bottom candlesticks the right way - BO Turbo Trader watch the corresponding video here
Tweezer bottom
CRITERIAS
-
after downtrend at key levels market in healthy downtrend (PUT) shadow/wick/tail and/or real bodies at same high bearish candle followed by bullish candle
PATTERN PSYCHOLOGY EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from forelast candle opening price in upper direction. Do not enter into a CALL trade if price is breaking through the opening price of forelast candle without any sign of rejection.
-
price is pushed down till support rejection from support, finishing bearish candle price is pushed down again till support rejection from support, finishing bullish candle closing as bullish candle (buyers in control)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick of both candles acts as support
ENTRY POINT
-
On next candle below closing price of previous candle and opening price of forelast candle.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bullish harami and bearish harami, harami cross pattern example - BO Turbo Trader watch the corresponding video here
bullish harami
bullish harami cross
bearish harami EMA, Fibonacci Level, Bollinger Band and SnR gap down
bullish harami
bearish harami
bearish harami cross gap up
EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bullish harami and bearish harami, harami cross pattern example - BO Turbo Trader watch the corresponding video here
CRITERIAS
bearish harami
-
EMA, Fibonacci Level, Bollinger Band and SnR gap down
-
after uptrend at key levels market in healthy uptrend (Put) real body of inside bar max ¼ of real body of mother bar mother bar bullish, inside bar bearish higher the position of inside bar in relation of mother bar higher the probability of upcoming downtrend if inside bar is a doji it is a harami cross
PATTERN PSYCHOLOGY Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from falling window / gap down in lower direction. Do not enter into a PUT trade if price is breaking through the opening price of previous candle without any sign of rejection.
-
price pushed up to resistance price creates a gap down - a falling window falling window (gap down) acts like resistance price pushed down further and stop in the upper ½ of the real body of previous candle mother bar
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick of both candles acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and below of gap down / falling window.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bullish harami and bearish harami, harami cross pattern example - BO Turbo Trader watch the corresponding video here
CRITERIAS
bullish harami
EMA, Fibonacci Level, Bollinger Band and SnR
-
gap up
After downtrend at key levels market in healthy downtrend (Call) real body of inside bar max ¼ of real body of mother bar mother bar bearish, inside bar bullish lower the position of inside bar in relation of mother bar higher the probability of upcoming uptrend if inside bar is a doji it is a harami cross
PATTERN PSYCHOLOGY Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from rising window / gap up in upper direction. Do not enter into a CALL trade if price is breaking through the opening price of previous candle without any sign of rejection.
-
price pushed down to support price creates a gap up - a rising window rising window (gap up) acts like support price pushed up further and stop in the lower ½ of the real body of previous candle mother bar
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick of both candles acts as support
ENTRY POINT
-
On next candle below closing price of previous candle and above of gap up / rising window.
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade three inside up and three inside down candlestick pattern- BO Turbo Trader watch the corresponding video here
three inside down EMA, Fibonacci Level, Bollinger Band and SnR
three inside up
gap down
three inside up three inside down
EMA, Fibonacci Level, Bollinger Band and SnR
gap up
Rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade three inside up and three inside down candlestick pattern- BO Turbo Trader watch the corresponding video here
three inside down EMA, Fibonacci Level, Bollinger Band and SnR
CRITERIAS
-
gap down
afte afterr upt uptre rend nd at key lev levels els mark market et in heal health thy y upt uptre rend nd (Put (Put)) pric price e cre creat ates es a gap gap down down - fal falliling ng wind window ow real real body body of insi inside de bar max ¼ of of real real body body of of moth mother er bar bar mother mother bar bull bullish ish,, insid inside e bar bar beari bearish, sh, next next candl candle e bearis bearish h insi inside de bar bar can can be smal smalll can candl dle e or or a doji doji last last bea beari rish sh can candl dle e conf confir irms ms thr three ee ins insid ide e down down
PATTERN PSYCHOLOGY Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above opening price of third last candle and on rejection from below of forelast candle closing price in lower direction. Do not enter into a PUT trade if price is breaking through the closing price of forelast candle without any sign of rejection.
-
pric price e push pushed ed up to resi resist stan ance ce pric price e cre creat ates es a gap gap dow down n - a fall fallin ing g win windo dow w fall fallin ing g wind window ow (ga (gap p down down)) acts acts lik like e resis resista tanc nce e price price push pushed ed down down furthe furtherr and stop stop in the the lowe lowerr ½ of the real real body of previous candle mother bar next next cand candle le is is a bearis bearish h cand candle le (selle (sellers rs in contro control) l)
SUPPORT AND RESISTANCE
-
higher higher high high (HH (HH), ), upper upper shad shadow/ ow/tai tail/w l/wick ick of of all three three candl candles es acts as resistance
ENTRY POINT
-
On next next candle candle above above open opening ing price price of of third third last last cand candle le and and below forelast candle closing price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade three inside up and three inside down candlestick pattern- BO Turbo Trader watch the corresponding video here
three inside up
CRITERIAS
EMA, Fibonacci Level, Bollinger Band and SnR
afte afterr dow downt ntre rend nd at key key leve levels ls mark market et in heal health thy y down downtr tren end d (Cal (Call) l) pric price e cre creat ates es a gap gap up - ris risin ing g win windo dow w real real body body of insi inside de bar max ¼ of of real real body body of of moth mother er bar bar mother mother bar bear bearish ish,, insid inside e bar bar bullis bullish, h, next next candle candle bullis bullish h insi inside de bar bar can can be smal smalll can candl dle e or or a doji doji last last bul bullilish sh can candl dle e conf confir irms ms thr three ee ins insid ide e up
PATTERN PSYCHOLOGY
gap up
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below opening price of third last candle and on rejection from above of forelast candle closing price in upper direction. Do not enter into a CALL trade if price is breaking through the closing price of forelast candle without any sign of rejection.
-
pric price e push pushed ed down down to supp suppor ortt pric price e cre creat ates es a gap gap up - a risi rising ng wind window ow risi rising ng wind window ow (gap (gap up) up) act acts s lik like e sup suppo port rt price price push pushed ed up up furth further er and and stop stop in the the lowe lowerr ½ of of the the real real body of previous candle mother bar next next cand candle le is is a bullis bullish h cand candle le (buy (buyers ers in contro control) l)
SUPPORT AND RESISTANCE
-
lower lower low low (LL), (LL), lower lower shad shadow/ ow/tai tail/w l/wick ick of of all thre three e candle candles s acts acts as support
ENTRY POINT
-
On next next candle candle below below open opening ing pric price e of thir third d last last cand candle le and and above forelast candle closing price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the descending hawk and homing pigeon candlestick pattern - BO Turbo Trader watch the corresponding video here Rejection
descending hawk EMA, Fibonacci Level, Bollinger Band and SnR gap down
homing pigeon
gap up
EMA, Fibonacci Level, Bollinger Band and SnR
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the descending hawk and homing pigeon candlestick pattern - BO Turbo Trader watch the corresponding video here
CRITERIAS
descending hawk
-
EMA, Fibonacci Level, Bollinger Band and SnR gap down
afte afterr upt uptre rend nd at key lev levels els mark market et in heal health thy y upt uptre rend nd (Put (Put)) pric price e cre creat ates es a gap gap down down - fal falliling ng wind window ow real real body body of insi inside de bar max ¼ of of real real body body of of moth mother er bar bar moth mother er bar bar bul bullilish sh,, ins insid ide e bar bar bull bullis ish h insi inside de bar bar can can be smal smalll can candl dle e or or a doji doji
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above of forelast candle closing price in lower direction. Do not enter into a PUT trade if price is breaking through the closing price of forelast candle without any sign of rejection.
-
pric price e push pushed ed up to resi resist stan ance ce pric price e cre creat ates es a gap gap dow down n - a fall fallin ing g win windo dow w fall fallin ing g wind window ow (ga (gap p down down)) acts acts lik like e resis resista tanc nce e price price push pushed ed up up furth further er and and stop stop in the the high higher er ½ of the the real real body of previous candle mother bar previo previous us cand candle le show show losing losing of stee steem m (sell (sellers ers pressu pressure) re)
SUPPORT AND RESISTANCE
-
higher higher high high (HH (HH), ), upper upper shad shadow/ ow/tai tail/w l/wick ick of of both both candle candles s acts acts as resistance
ENTRY POINT
-
On next next candle candle above above clos closing ing price price of of previ previous ous candle candle and below forelast candle closing price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the descending hawk and homing pigeon candlestick pattern - BO Turbo Trader watch the corresponding video here
homing pigeon
CRITERIAS
-
PATTERN PSYCHOLOGY
gap up EMA, Fibonacci Level, Bollinger Band and SnR
afte afterr dow downt ntre rend nd at key key leve levels ls mark market et in heal health thy y down downtr tren end d (Cal (Call) l) pric price e cre creat ates es a gap gap up - ris risin ing g win windo dow w real real body body of insi inside de bar max ¼ of of real real body body of of moth mother er bar bar moth mother er bar bar bea beari rish sh,, ins insid ide e bar bar bear bearis ish h insi inside de bar bar can can be smal smalll can candl dle e or or a doji doji
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below of forelast candle closing price in upper direction. Do not enter into a CALL trade if price is breaking through the closing price of forelast candle without any sign of rejection.
-
pric price e push pushed ed down down to supp suppor ortt pric price e cre creat ates es a gap gap up - a risi rising ng wind window ow risi rising ng wind window ow (gap (gap up) up) act acts s lik like e sup suppo port rt price price push pushed ed down down furthe furtherr and stop stop in the the lowe lowerr ½ of the real real body of previous candle mother bar previo previous us cand candle le show show losing losing of stee steem m (buye (buyers rs pres pressur sure) e)
SUPPORT AND RESISTANCE
-
lower lower low low (LL), (LL), lower lower shad shadow/ ow/tai tail/w l/wick ick of of both both candle candles s acts acts as support
ENTRY POINT
-
On next next candle candle below below clos closing ing price price of of previ previous ous candle candle and above forelast candle closing price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade meeting lines and counterattack lines candlestick patterns - BO Turbo Trader watch the corresponding video here Rejection
bearish meeting line - counterattack line EMA, Fibonacci Level, Bollinger Band and SnR
gap up
bullish meeting line
EMA, Fibonacci Level, Bollinger Band, Trendline and SnR gap down
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade meeting lines and counterattack lines candlestick patterns - BO Turbo Trader watch the corresponding video here
bearish meeting line - counterattack line
CRITERIAS
-
gap up EMA, Fibonacci Level, Bollinger Band and SnR
after uptrend at key levels market in healthy uptrend (Put) price creates a gap up - rising window next candle fills gap up completely and close exactly on bullish forelast closing price candle
PATTERN PSYCHOLOGY
Rejection
-
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above of forelast candle closing price in lower direction. Do not enter into a PUT trade if price is breaking through the closing price of forelast candle and/or the resistance area without any sign of rejection.
price pushed up close to resistance price creates a gap up - a rising window above resistance rising window (gap up) acts like resistance price pushed down further till closing price of previous bullish candle (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of both candles acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and above forelast candle closing price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade meeting lines and counterattack lines candlestick patterns - BO Turbo Trader watch the corresponding video here
bullish meeting line
CRITERIAS
-
after downtrend at key levels market in healthy downtrend (Call) price creates a gap down - falling window next candle fills gap down completely and close exactly on bearish forelast closing price candle
PATTERN PSYCHOLOGY
EMA, Fibonacci Level, Bollinger Band and SnR gap down
Rejection
-
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below of forelast candle closing price in upper direction. Do not enter into a CALL trade if price is breaking through the closing price of forelast candle and/or the support area without any sign of rejection.
price pushed down close to support price creates a gap down - a falling window below support falling window (gap down) acts like support price pushed up further till closing price of previous bearish candle (buyers in control)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of both candles acts as support
ENTRY POINT
-
On next candle below closing price of previous candle and below forelast candle closing price.
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bearish belt hold candlestick pattern and bullish belt hold meaning - BO Turbo Trader watch the corresponding video here
bearish belt hold Black Opening Shaven Head Black Opening Marubozu
Rejection
bullish belt hold White Opening Shaven Bottom White Opening Marubozu
EMA, Fibonacci Level, Bollinger Band and SnR gap up
gap down
EMA, Fibonacci Level, Bollinger Band, Trendline and SnR
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bearish belt hold candlestick pattern and bullish belt hold meaning - BO Turbo Trader watch the corresponding video here
bearish belt hold
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR gap up
after uptrend at key levels market in healthy uptrend (Put) price creates a gap up - rising window next candle fills gap up and close closely on bullish forelast closing price candle
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from below resistance area and above forelast candle closing price in lower direction. Do not enter into a PUT trade if price is breaking through the opening price of previous candle and/or the resistance area without any sign of
-
price pushed up close to resistance price creates a gap up - a rising window above resistance rising window (gap up) acts like resistance price pushed down further till close to the closing price of forelast bullish candle closing as bearish candle (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of both candles acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and above forelast candle closing price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bearish belt hold candlestick pattern and bullish belt hold meaning - BO Turbo Trader watch the corresponding video here
bullish belt hold
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR
gap down
afte afterr dow downt ntre rend nd at key key leve levels ls mark market et in heal health thy y down downtr tren end d (Cal (Call) l) pric price e cre creat ates es a gap gap down down - fal falliling ng wind window ow next next candl candle e fills fills gap down down and and close close closel closely y on bearis bearish h forelast closing price candle
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below support area and below forelast candle closing price in upper direction. Do not enter into a CALL trade if price is breaking through the opening price of previous candle and/or the support area without any sign of
-
pric price e pus pushe hed d dow down n clo close se to sup suppo port rt price price crea creates tes a gap gap down down - a falli falling ng wind window ow belo below w suppo support rt fall fallin ing g wind window ow (ga (gap p down down)) acts acts lik like e supp suppor ortt price price push pushed ed up up furth further er till till close close to to the the closi closing ng pric price e of forelast bearish candle clos closin ing g as bul bullilish sh can candl dle e (buy (buyer ers s in con contr trol ol))
SUPPORT AND RESISTANCE
-
lower lower low low (LL) (LL),, lower lower shadow shadow/ta /tail/ il/wic wick k and and real real body body of of both both candles acts as support
ENTRY POINT
-
On next next candle candle below below clos closing ing price price of of previ previous ous candle candle and below forelast candle closing price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade kicker signal candlestick pattern, bullish kicker, bearish kicker - BO Turbo Trader watch the corresponding video here Rejection
bearish kicker signal EMA, Fibonacci Level, Bollinger Band and SnR
bullish kicker signal
gap down
EMA, Fibonacci Level, Bollinger Band, Trendline and SnR
gap up
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade kicker signal candlestick pattern, bullish kicker, bearish kicker - BO Turbo Trader watch the corresponding video here
bearish kicker signal EMA, Fibonacci Level, Bollinger Band and SnR
CRITERIAS
-
gap down
afte afterr upt uptre rend nd at key lev levels els mark market et in heal health thy y upt uptre rend nd (Put (Put)) pric price e cre creat ates es a gap gap down down - fal falliling ng wind window ow next next candl candle e conti continue nues s down down and close close as as beari bearish sh cand candle le below falling window / gap down
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from below third last candle opening price in lower direction. Do not enter into a PUT trade if price is breaking through the opening price of the third last candle and/or the falling window / gap down without any
-
pric price e pus pushe hed d up up abov above e resi resist stan ance ce price price crea creates tes a gap gap down down - a fallin falling g windo window w below below resist resistanc ance e fall fallin ing g wind window ow (ga (gap p down down)) acts acts lik like e resis resista tanc nce e price rice push pushed ed down own fur furth ther er clos closin ing g as bea beari rish sh can candl dle e (sel (selle lers rs in in cont contro rol) l)
SUPPORT AND RESISTANCE
-
higher higher high high (HH (HH), ), upper upper shad shadow/ ow/tai tail/w l/wick ick and and real real body body of both both candles acts as resistance
ENTRY POINT
-
On next next candle candle above above clos closing ing price price of of previ previous ous candle candle and below 3rd last candle opening price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade kicker signal candlestick pattern, bullish kicker, bearish kicker - BO Turbo Trader watch the corresponding video here
bullish kicker signal
CRITERIAS
-
afte afterr dow downt ntre rend nd at key key leve levels ls mark market et in heal health thy y down downtr tren end d (Cal (Call) l) pric price e cre creat ates es a gap gap up - ris risin ing g win windo dow w next next cand candle le cont continu inues es up and close close as bullis bullish h cand candle le above rising window / gap up
PATTERN PSYCHOLOGY EMA, Fibonacci Level, Bollinger Band and SnR
gap up
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from above third last candle opening price in upper direction. Do not enter into a CALL trade if price is breaking through the opening price of the third last candle and/or the rising window / gap up without any sign
-
pric price e pus pushe hed d dow down n bel below ow supp suppor ortt price price create creates s a gap up - a risi rising ng wind window ow above above supp support ort risi rising ng wind window ow (gap (gap up) up) act acts s lik like e sup suppo port rt price rice push pushed ed up furt furth her clos closin ing g as bul bullilish sh can candl dle e (buy (buyer ers s in con contr trol ol))
SUPPORT AND RESISTANCE
-
lower lower low low (LL) (LL),, lower lower shadow shadow/ta /tail/ il/wic wick k and and real real body body of of both both candles acts as support
ENTRY POINT
-
On next next candle candle below below clos closing ing price price of of previ previous ous candle candle and above 3rd last candle opening price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade matching low candlestick and matching high candlestick pattern - BO Turbo Trader watch the corresponding video here Rejection
matching high EMA, Fibonacci Level, Bollinger Band and SnR
matching low
gap down
EMA, Fibonacci Level, Bollinger Band, Trendline and SnR
gap up
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade matching low candlestick and matching high candlestick pattern - BO Turbo Trader watch the corresponding video here
matching high
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR gap down
-
afte afterr upt uptre rend nd at key lev levels els mark market et in heal health thy y upt uptre rend nd (Put (Put)) pric price e cre creat ates es a gap gap down down - fal falliling ng wind window ow next next candl candle e fills fills the gap and close close as as bulli bullish sh cand candle le abov above e falling window / gap down candle candles s close close exactl exactly y on the closin closing g price price of prev previou ious s candle
PATTERN PSYCHOLOGY Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above third last candle closing price in lower direction. Do not enter into a PUT trade if price is breaking through the closing price of the third last candle without any sign of rejection.
-
pric price e push pushed ed up to resi resist stan ance ce price price crea creates tes a gap gap down down - a fallin falling g windo window w below below resist resistanc ance e fall fallin ing g wind window ow (ga (gap p down down)) acts acts lik like e resis resista tanc nce e price rice push pushed ed up furt furth her closin closing g as bull bullish ish exhaus exhaustio tion n candl candle e (selle (sellers rs in contro control) l)
SUPPORT AND RESISTANCE
-
higher higher high high (HH (HH), ), upper upper shad shadow/ ow/tai tail/w l/wick ick and and real real body body of both both candles acts as resistance
ENTRY POINT
-
On next next candle candle above above clos closing ing price price of of previ previous ous candle candle and above 3rd last candle closing price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade matching low candlestick and matching high candlestick pattern - BO Turbo Trader watch the corresponding video here
matching low
CRITERIAS
gap up
after downtrend at key levels market in healthy downtrend (Call) price creates a gap up - rising window next candle fills the gap and close as bearish candle below rising window / gap up candles close exactly on the closing price of previous candle
PATTERN PSYCHOLOGY
EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below third last candle closing price in upper direction. Do not enter into a CALL trade if price is breaking through the closing price of the third last candle without any sign of rejection.
-
price pushed down to support price creates a gap up - a rising window above support rising window (gap up) acts like support price pushed down further closing as bearish exhaustion candle (buyers in control)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of both candles acts as support
ENTRY POINT
-
On next candle below closing price of previous candle and below 3rd last candle closing price.
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bullish stick sandwich & bearish stick sandwich candlestick pattern - BO Turbo Trader watch the corresponding video here Rejection
bearish stick sandwich bullish stick sandwich
EMA, Trendlines, Fibonacci Level, Bollinger Band and SnR gap down
EMA, Trendlines, Fibonacci Level, Bollinger Band,Trendline and SnR
gap up
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bullish stick sandwich & bearish stick sandwich candlestick pattern - BO Turbo Trader watch the corresponding video here
bearish stick sandwich
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR gap down
-
after uptrend at key levels market in healthy uptrend (Put) price creates a gap down - falling window next candle continues to go down and close as bearish candle below falling window / gap down next candles fills the gap down / falling window and close exactly on the closing price of third last candle
PATTERN PSYCHOLOGY Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above forelast candle opening price in lower direction. Do not enter into a PUT trade if price is breaking through the closing price of the third last candle without any sign of rejection.
-
price pushed up to resistance price creates a gap down - a falling window below resistance falling window (gap down) acts like resistance price pushed up further closing as bullish exhaustion candle (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of all three candles acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and below forelast candle opening price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bullish stick sandwich & bearish stick sandwich candlestick pattern - BO Turbo Trader watch the corresponding video here
CRITERIAS
bullish stick sandwich
-
EMA, Fibonacci Level, Bollinger Band and SnR gap up
after downtrend at key levels market in healthy downtrend (Call) price creates a gap up - rising window next candle continues to go up and close as bullish candle above rising window / gap up next candles fills the gap up / rising window and close exactly on the closing price of third last candle
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below forelast candle opening price in upper direction. Do not enter into a CALL trade if price is breaking through the closing price of the third last candle without any sign of rejection.
-
price pushed down to support price creates a gap up - a rising window above support rising window (gap up) acts like support price pushed down further closing as bearish exhaustion candle (buyers in control)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of all three candles acts as support
ENTRY POINT
-
On next candle below closing price of previous candle and above forelast candle opening price.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bullish breakaway candlestick pattern & bearish breakaway pattern - BO Turbo Trader watch the corresponding video here
bearish breakaway
EMA, Fibonacci Level, Bollinger Band and SnR
bullish breakaway
gap up
gap down
EMA, Fibonacci Level, Bollinger Band, Trendline and SnR
Rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bullish breakaway candlestick pattern & bearish breakaway pattern - BO Turbo Trader watch the corresponding video here
bearish breakaway
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR
-
gap up
-
after uptrend at key levels market in healthy uptrend (Put) after bullish candle price creates a gap up - rising window next candle closes above rising window / gap up bearish or bullish next candles closes again above gap up / rising window as bullish candle, can be followed by more candles last candle bearish closing below rising window / gap up
PATTERN PSYCHOLOGY Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below gap up / rising window in lower direction. Do not enter into a PUT trade if price is breaking through the closing price of the third last candle without any sign of rejection.
-
price pushed up to resistance price creates a gap up - a rising window below resistance rising window (gap up) acts like support price stays for few candles above gap up / rising window closing as bearish candle below resistance (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of all candles acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and above gap up / rising window.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bullish breakaway candlestick pattern & bearish breakaway pattern - BO Turbo Trader watch the corresponding video here
bullish breakaway
CRITERIAS
gap down
-
after downtrend at key levels market in healthy downtrend (Call) after bearish candle price creates a gap down next candle closes below falling window / gap down bearish or bullish next candles closes again below gap down / falling window as bearish candle, can be followed by more candles last candle bullish closing above falling window / gap down
PATTERN PSYCHOLOGY EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below gap up / rising window in lower direction. Do not enter into a PUT trade if price is breaking through the closing price of the third last candle without any sign of rejection.
-
price pushed down to support price creates a gap down - a falling window above support falling window (gap down) acts like resistance price stays for few candles below gap down / falling window closing as bullish candle above support (buyers in control)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of all candles acts as support
ENTRY POINT
-
On next candle below closing price of previous candle and below gap gap down / falling window.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade ladder bottom candlestick pattern and ladder top candlestick - BO Turbo Trader watch the corresponding video here
ladder top - bearish reversal pattern
EMA, Fibonacci Level, Bollinger Band and SnR
ladder bottom - bullish reversal pattern
gap down
EMA, Fibonacci Level, Bollinger Band, Trendline and SnR gap up
Rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade ladder bottom candlestick pattern and ladder top candlestick - BO Turbo Trader
ladder top - bearish reversal pattern
watch the corresponding video here
CRITERIAS
-
gap down EMA, Fibonacci Level, Bollinger Band and SnR
after uptrend at key levels market in healthy uptrend (Put) after few bullish candle price creates weak candle next candle opens after gap down / falling window bearish price continues further down, closing below third last candle opening price below gap down / falling window
PATTERN PSYCHOLOGY
Rejection
-
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from below third last candle opening price in lower direction.
few bullish candle push price up to resistance next candle is a weak bullish candle falling window (gap down) acts like resistance candle closes below gap down / falling window and below opening price of third last candle bearish (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of all candles acts as resistance
ENTRY POINT
Do not enter into a PUT trade if price is breaking through the opening price of the third last candle without any sign of rejection.
-
On next candle above closing price of previous candle and below opening price of third last candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade ladder bottom candlestick pattern and ladder top candlestick - BO Turbo Trader
ladder bottom - bullish reversal pattern
watch the corresponding video here
CRITERIAS
EMA, Fibonacci Level, Bollinger Band and SnR gap up
after downtrend at key levels market in healthy downtrend (Call) after few bearish candle price creates weak candle next candle opens after gap up / rising window bullish price continues further up, closing above third last candle opening price above gap up / rising window
PATTERN PSYCHOLOGY
Rejection
-
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from above third last candle opening price in upper direction.
few bearish candle push price down to support next candle is a weak bearish candle rising window (gap up) acts like support candle closes above gap up / rising window and above opening price of third last candle bullish (buyers in control)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of all candles acts as support
ENTRY POINT
Do not enter into a CALL trade if price is breaking through the opening price of the third last candle without any sign of rejection.
-
On next candle below closing price of previous candle and above opening price of third last candle
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade tower top candlestick pattern and tower bottom candlestick pattern - BO Turbo Trader watch the corresponding video here
tower top - bearish reversal pattern
tower bottom - bullish reversal pattern
EMA, Fibonacci Level, Bollinger Band and SnR
EMA, Fibonacci Level, Bollinger Band, Trendline and SnR
Rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade tower top candlestick pattern and tower bottom candlestick pattern - BO Turbo Trader watch the corresponding video here
tower top - bearish reversal pattern
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR
after uptrend at key levels market in healthy uptrend (Put) after few bullish candle price creates weak candles next candles weak candles (high wave, doji, spinning top) last candle breaks out and close below of box-range created by weak candles
PATTERN PSYCHOLOGY
Rejection
-
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above boy-range of weak candles in lower direction.
few bullish candle push price up to resistance next candles are weak candle at resistance weak candles create resistance price pushes down below box-range of weak candle closing below box-range as bearish candle (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), higher shadow/tail/wick and real body of all candles acts as resistance
ENTRY POINT
Do not enter into a PUT trade if price is breaking through the boy-range of weak candles without any sign of rejection.
-
On next candle above closing price of previous candle and below box-range area of weak candles
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade tower top candlestick pattern and tower bottom candlestick pattern - BO Turbo Trader watch the corresponding video here
tower bottom - bullish reversal pattern
CRITERIAS
-
after downtrend at key levels market in healthy downtrend (Call) after few bearish candle price creates weak candles next candles weak candles (high wave, doji, spinning top) last candle breaks out and close above of box-range created by weak candles
PATTERN PSYCHOLOGY EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
-
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from above boy-range of weak candles in upper direction.
few bearish candle push price down to support next candles are weak candle at support weak candles create support price pushes up above box-range of weak candle closing above box-range as bullish candle (buyers in control)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of all candles acts as support
ENTRY POINT
Do not enter into a CALL trade if price is breaking through the boy-range of weak candles without any sign of rejection.
-
On next candle below closing price of previous candle and above box-range area of weak candles
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade three stars in the north and three stars in the south pattern - BO Turbo Trader watch the corresponding video here
three stars in the north - bearish reversal pattern
three stars in the south - bullish reversal pattern
EMA, Fibonacci Level, Bollinger Band and SnR
EMA, Fibonacci Level, Bollinger Band, Trendline and SnR
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade three stars in the north and three stars in the south pattern - BO Turbo Trader watch the corresponding video here
three stars in the north - bearish reversal pattern
EMA, Fibonacci Level, Bollinger Band and SnR
CRITERIAS
-
after uptrend at key levels market in healthy uptrend (Put) after few bullish candle price weaker candles three weak candles with gap down and bullish real body with smaller real body last candle of those three candles closes close to resistance and is smallest of previous candles
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from below resistance in lower direction. Do not enter into a PUT trade if price is breaking through the resistance of previous candles without any sign of rejection.
-
few bullish candles push price up to resistance next candles are weak and open after gap down and close at similar price level like previous candles candles with smaller real body on same price level at resistance price shows lost of bullish momentum (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of all candles acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and below resistance of previous candles
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade three stars in the north and three stars in the south pattern - BO Turbo Trader watch the corresponding video here
three stars in the south - bullish reversal pattern
CRITERIAS
-
after downtrend at key levels market in healthy downtrend (Call) after few bearish candle price weaker candles three weak candles with gap up and bearish real body with smaller real body last candle of those three candles closes close to support and is smallest of previous candles
PATTERN PSYCHOLOGY
-
EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from above support in upper direction. Do not enter into a CALL trade if price is breaking through the support of previous candles without any sign of rejection.
-
few bearish candles push price down to support next candles are weak and open after gap up and close at similar price level like previous candles candles with smaller real body on same price level at support price shows lost of bearish momentum (buyers in control)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of all candles acts as support
ENTRY POINT
-
On next candle below closing price of previous candle and above support of previous candles
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bear sash candlestick pattern and bull sash candlestick pattern - BO Turbo Trader watch the corresponding video here
bearish sash pattern - bear sash reversal pattern
bullish sash pattern - bull sash reversal pattern
EMA, Fibonacci Level, Bollinger Band and SnR -> Resistance gap down
gap up
EMA, Fibonacci Level, Bollinger Band, Trendline and SnR -> Support
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bear sash candlestick pattern and bull sash candlestick pattern - BO Turbo Trader
bearish sash pattern - bear sash reversal pattern CRITERIAS -
EMA, Fibonacci Level, Bollinger Band and SnR
gap down
watch the corresponding video here
after uptrend at key levels market in healthy uptrend (Put) bullish candle closes close to resistance next candle starts below gap down / falling window price continues to go further down and closes as bearish candle
PATTERN PSYCHOLOGY
Rejection
-
bullish candle push price up to resistance next candle open after gap down which acts as resistance next candle closes as bearish candle (sellers in control)
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below opening price of forelast candle in lower direction
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of both candles acts as resistance
ENTRY POINT
Do not enter into a PUT trade if price is breaking through the gap down / falling window without any sign of rejection.
-
On next candle above closing price of previous candle and below opening price of forelast candle.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bear sash candlestick pattern and bull sash candlestick pattern - BO Turbo Trader watch the corresponding video here
bullish sash pattern - bull sash reversal pattern
CRITERIAS
-
after downtrend at key levels market in healthy downtrend (Call) bearish candle closes close to support next candle starts above gap up / rising window price continues to go further up and closes as bullish candle
PATTERN PSYCHOLOGY
gap up EMA, Fibonacci Level, Bollinger Band and SnR
Rejection
-
bearish candle push price down to support next candle open after gap up which acts as support next candle closes as bullish candle (buyers in control)
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below above opening price of forelast candle in upper direction
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of both candles acts as support
ENTRY POINT
Do not enter into a CALL trade if price is breaking through the gap up / rising window without any sign of rejection.
-
On next candle below closing price of previous candle and above opening price of forelast candle.
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade double top (M) and double bottom (W) pattern effectively - BO Turbo Trader watch the corresponding video here Rejection
Double Top - M Formation - Mammies
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
Neckline
Double Bottom - W Formation - Wollahs
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
Neckline
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade double top (M) and double bottom (W) pattern effectively - BO Turbo Trader watch the corresponding video here
Double Top - M Formation - Mammies
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR Neckline
after uptrend at key level - price closes close to resistance price retest resistance and reverse from it price retest 2nd time resistance and reverse again 2nd top same or lower price level than 1st top support and resistance (neckline) will be broken profit target price level similar height of the 1st top to neckline after neckline is broken
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below neckline in lower direction
-
price retest resistance twice after that sellers take control and moves price with strong momentum into new upcoming downtrend neckline changes from SUPPORT to RESISTANCE after break
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of double top acts as resistance
ENTRY POINT
Do not enter into a PUT trade if price is breaking through neckline without any sign of rejection.
-
On next candle above closing price of previous candle and below neckline of double top
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade double top (M) and double bottom (W) pattern effectively - BO Turbo Trader
Double Bottom - W Formation - Wollahs
Neckline
EMA, Fibonacci Level, Bollinger Band and SnR
watch the corresponding video here
CRITERIAS
-
after downtrend at key level - price closes close to support price retest support and reverse from it price retest 2nd time support and reverse again 2nd bottom same or higher price level than 1st bottom support and resistance (neckline) will be broken profit target price level similar height of the 1st bottom to neckline after neckline is broken
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below above neckline in upper direction
-
price retest support twice after that buyers take control and moves price with strong momentum into new upcoming uptrend neckline changes from RESISTANCE to SUPPORT after break
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of double bottom acts as support
ENTRY POINT
Do not enter into a CALL trade if price is breaking through neckline without any sign of rejection.
-
On next candle below closing price of previous candle and above neckline of double bottom
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade J-Hook pattern and the inverted J-Hook candlestick pattern - BO Turbo Trader
inverted j-hook pattern - bearish continuation pattern
watch the corresponding video here
Pullback
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
Neckline j-hook pattern - bullish continuation pattern Neckline EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
Pullback
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade J-Hook pattern and the inverted J-Hook candlestick pattern - BO Turbo Trader
inverted j-hook pattern bearish continuation pattern EMA, Fibonacci Level, Bollinger Band and SnR
Pullback
watch the corresponding video here
CRITERIAS
-
in downtrend at key level - price closes close to support price retest resistance and reverse from it with pullback price continues to go down further continues downtrend after break of neckline
PATTERN PSYCHOLOGY Neckline
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below neckline in lower direction Do not enter into a PUT trade if price is breaking through neckline without any sign of rejection.
-
-
after downtrend price reverse at neckline starts a minor uptrend and does a pullback at resistance after pullback a minor downtrend starts in direction of neckline after break of neckline downtrend starts (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of inverted j-hook acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and below neckline of inverted j-hook
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade J-Hook pattern and the inverted J-Hook candlestick pattern - BO Turbo Trader
j-hook pattern bullish continuation pattern Neckline
watch the corresponding video here
CRITERIAS
-
in uptrend at key level - price closes close to resistance price retest support and reverse from it with pullback price continues to go up further continues uptrend after break of neckline
PATTERN PSYCHOLOGY EMA, Fibonacci Level, Bollinger Band and SnR
-
Pullback
after uptrend price reverse at neckline starts a minor downtrend and does a pullback at support after pullback a minor uptrend starts in direction of neckline after break of neckline uptrend starts (buyers in control)
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below above neckline in upper direction Do not enter into a CALL trade if price is breaking through neckline without any sign of rejection.
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of j-hook acts as support
ENTRY POINT
-
On next candle below closing price of previous candle and above neckline of j-hook
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the last kiss or pullback after breakout on binary options - BO Turbo Trader watch the corresponding video here
Bearish Last Kiss / Bearish Pullback after a Breakout
simple pullback breakout
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
complex pullback
Neckline
Bullish Last Kiss / Bullish Pullback after a Breakout breakout
Neckline EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
complex pullback simple pullback
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the last kiss or pullback after breakout on binary options - BO Turbo Trader
Bearish Last Kiss Bearish Pullback after a Breakout simple pullback breakout
complex pullback
EMA, Fibonacci Level, Bollinger Band and SnR
watch the corresponding video here
CRITERIAS
-
breakout of snr, trendline, ema, fibonacci level, bb etc. price returns back to snr, trendline, ema, fibonacci, bb etc. not directly returning price is called complex pullback directly returning price is called simple pullback pullbacks are high probability trading setups
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below resistance in lower direction Do not enter into a PUT trade if price is breaking through resistance without any sign of rejection.
-
after downtrend price breaks through snr, trendline, ema, fibonacci level, bb etc. price returns back in minor uptrend to resistance (snr), trendline, ema, fibonacci level, bb etc. after complex pullback starts a minor downtrend after simple pullback starts a major downtrend
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of pullback acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and below resistance of the breakout
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the last kiss or pullback after breakout on binary options - BO Turbo Trader
Bullish Last Kiss Bullish Pullback after a Breakout breakout
watch the corresponding video here
CRITERIAS
-
breakout of snr, trendline, ema, fibonacci level, bb etc. price returns back to snr, trendline, ema, fibonacci, bb etc. not directly returning price is called complex pullback directly returning price is called simple pullback pullbacks are high probability trading setups
PATTERN PSYCHOLOGY
-
EMA, Fibonacci Level, complex pullback Bollinger Band and SnR
simple pullback
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below above support in upper direction Do not enter into a CALL trade if price is breaking through support without any sign of rejection.
-
after uptrend price breaks through snr, trendline, ema, fibonacci level, bb etc. price returns back in minor downtrend to support (snr), trendline, ema, fibonacci level, bb etc. after complex pullback starts a minor uptrend after simple pullback starts a major uptrend
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of pullback acts as support
ENTRY POINT
-
On next candle below closing price of previous candle and above support of the breakout
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade inverted head & shoulders and head & shoulders candlestick pattern - BO Turbo Trader watch the corresponding video here
Head and Shoulders EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
Neckline
Inverted Head and Shoulders Neckline EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade inverted head & shoulders and head & shoulders candlestick pattern - BO Turbo Trader watch the corresponding video here
Head and Shoulders
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
after uptrend price closes close to resistance price does a top (shoulder) from which price reverse after that price creates a higher top (head) and reverse too after that price creates another top (shoulder) after that a downtrend starts as soon neckline is broken
PATTERN PSYCHOLOGY Neckline
-
price creates reverse from tops in form of 2 shoulders and a head from resistance after break of neckline, sellers take control and a strong downtrend takes place (sellers in control)
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below neckline in lower direction
SUPPORT AND RESISTANCE
-
ENTRY POINT
Do not enter into a PUT trade if price is breaking through neckline without any sign of rejection.
higher high (HH), upper shadow/tail/wick and real body of both shoulders and head of head and shoulders (H&S) acts as resistance On next candle above closing price of previous candle and below neckline of the breakout
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade inverted head & shoulders and head & shoulders candlestick pattern - BO Turbo Trader watch the corresponding video here
Inverted Head and Shoulders
CRITERIAS
Neckline
-
after downtrend price closes close to support price does a bottom (shoulder) from which price reverse after that price creates a lower bottom (head) and reverse too after that price creates another bottom (shoulder) after that a uptrend starts as soon neckline is broken
PATTERN PSYCHOLOGY
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below above neckline in upper direction
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of both shoulders and head of head and shoulders (H&S) acts as support
ENTRY POINT
Do not enter into a CALL trade if price is breaking through neckline without any sign of rejection.
price creates reverse from bottoms in form of 2 shoulders and a head from support after break of neckline, buyers take control and a strong uptrend takes place (buyers in control)
On next candle below closing price of previous candle and above neckline of the breakout
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the engulfing candlestick or the big shadow pattern on binary options - BO Turbo Trader watch the corresponding video here High
Closing Price
High
Bearish Engulfing
Bullish Engulfing
Opening Price
Rejection Opening Price
Closing Price
Low
Low
bearish engulfing candlestick
1. 2. 3. 4. 5.
Major key level (SnR, BB, Trendlines, Fibonacci and EMA Closing price of bearish engulfing -> near LL Closing price of bullish engulfing -> near HH Engulfing candle has to be a wide range The last touch or area was long ago 7-10 candlestick
EMA, Fibonacci Level, Bollinger Band and SnR
bullish engulfing candlestick
7 candles or more EMA, Fibonacci Level, Bollinger Band and SnR
7 candles or more
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the engulfing candlestick or the big shadow pattern on binary options - BO Turbo Trader watch the corresponding video here
bearish engulfing candlestick
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR,Trendlines
after uptrend at key levels market in healthy uptrend (Put) price creates a bullish candle close to resistance next candle closes bearish and engulfs previous bullish candle completely
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below opening price of forelast candle in lower direction Do not enter into a PUT trade if price is breaking through opening price of forelast candle without any sign of rejection.
price pushed up till resistance next candle engulfs previous bullish candle completely and close as bearish candle and demonstrate change in market sentiment and that sellers are in control of the market
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of both candles acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and below opening price of forelast candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the engulfing candlestick or the big shadow pattern on binary options - BO Turbo Trader watch the corresponding video here
bullish engulfing candlestick
CRITERIAS
-
after downtrend at key levels market in healthy downtrend (Call) price creates a bearish candle close to support next candle closes bullish and engulfs previous bearish candle completely
PATTERN PSYCHOLOGY
-
EMA, Fibonacci Level, Bollinger Band and SnR,Trendlines
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time above closing price of previous candle and on rejection from below above opening price of forelast candle in upper direction Do not enter into a CALL trade if price is breaking through opening price of forelast candle without any sign of rejection.
price pushed down till support next candle engulfs previous bearish candle completely and close as bullish candle and demonstrate change in market sentiment and that buyers are in control of the market
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of both candles acts as support
ENTRY POINT
-
On next candle below closing price of previous candle and above opening price of forelast candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the dark cloud cover and piercing line on binary options - BO Turbo Trader watch the corresponding video here
Dark Cloud Cover
Piercing Line
Gap UP
50% 50%
Gap DOWN
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
50%
7 candles or more EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
50%
7 candles or more
Rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the dark cloud cover and piercing line on binary options - BO Turbo Trader watch the corresponding video here
CRITERIAS
Dark Cloud Cover
-
EMA, Fibonacci Level, Bollinger Band and SnR,Trendlines
50%
after uptrend at key levels market in healthy uptrend (Put) price creates a bullish candle close to resistance next candle closes bearish and starts above or at same price level of previous bullish candle closing price and closes at or below the 50% level of previous bullish real body candle
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below closing price of forelast candle in lower direction
price pushed up till resistance next candle opens above or at same price level and demonstrate last tentative of buyers to control the market and closes at or below the 50% level of previous bullish real body candle (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of both candles acts as resistance
ENTRY POINT
Do not enter into a PUT trade if price is breaking through closing price of forelast candle without any sign of rejection.
-
On next candle above closing price of previous candle and below closing price of forelast candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the dark cloud cover and piercing line on binary options - BO Turbo Trader watch the corresponding video here
CRITERIAS
Piercing Line
-
50%
after downtrend at key levels market in healthy downtrend (Call) price creates a bearish candle close to support next candle closes bullish and starts below or at same price level of previous bearish candle closing price and closes at or below the 50% level of previous bearish real body candle
PATTERN PSYCHOLOGY
EMA, Fibonacci Level, Bollinger Band and SnR,Trendlines
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below above closing price of forelast candle in upper direction
price pushed up till support next candle opens above or at same price level and demonstrate last tentative of sellers to control the market and closes at or below the 50% level of previous bearish real body candle (buyers in control)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of both candles acts as support
ENTRY POINT
Do not enter into a CALL trade if price is breaking through closing price of forelast candle without any sign of rejection.
-
On next candle below closing price of previous candle and above closing price of forelast candle
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the breakaway, exhaustion, continuation and common gaps - BO Turbo Trader watch the corresponding video here
EMA, SnR, Fibonacci Levels, Bollinger Bands, Trendlines Exhaustion Gaps
Gap UP
Support & Resistance
Continuation , Runaway, Measuring Gaps
Breakaway Gaps
Gap UP
Support & Resistance
Common Gaps
Gap UP
Gap DOWN
Gap UP
Support & Resistance
Support & Resistance
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the breakaway, exhaustion, continuation and common gaps - BO Turbo Trader watch the corresponding video here
Common Gaps - Trading Gaps - Area Gaps
CRITERIAS
-
regular occurrences in trading range filled relatively quickly
PATTERN PSYCHOLOGY Gap UP
Gap DOWN
-
sign for low trading volume and low volatility small or no analytical insight lack of interest in the market
SUPPORT AND RESISTANCE Rejection
HOW TO TRADE
-
no really trading opportunity
-
ENTRY POINT
-
-
no really trading opportunity
no support or resistance closing the gap - filling the gap price returns often at the beginning of the common gap
no really trading opportunity
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the breakaway, exhaustion, continuation and common gaps - BO Turbo Trader watch the corresponding video here
Breakaway Gaps
CRITERIAS
-
Breakaway Gaps
occur after breakouts after breakouts of support and resistance change of polarity increase of volume
PATTERN PSYCHOLOGY
Gap UP
-
sign of higher volatility and increase of trading volume start of a new trend
SUPPORT AND RESISTANCE
Gap UP Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below breakaway gap and on rejection from below in upper direction Enter only into a PUT trade when price moves in Purchase time above breakaway gap and on rejection from above in lower direction
-
downside breakout - resistance upside breakout - support
ENTRY POINT
-
On next candle below or above breakaway gap depending if it is a downside breakout or a upside breakout Do not enter into a CALL trade if price is breaking through breakaway gap without any sign of rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the breakaway, exhaustion, continuation and common gaps - BO Turbo Trader watch the corresponding video here
Runaway Gaps - Continuation Gaps Measuring Gaps Continuation , Runaway, Measuring Gaps
CRITERIAS
-
occur in trending market increase of volume
PATTERN PSYCHOLOGY
Gap UP
-
sign of panic state of traders or new interest in the market sign of higher volatility and increase of trading volume
SUPPORT AND RESISTANCE Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below runaway gap and price moves in an uptrend and on rejection from below in upper direction Enter only into a PUT trade when price moves in Purchase time above runaway gap and price moves in a downtrend and on rejection from above in lower direction
-
in downtrend use as resistance in uptrend use as support
ENTRY POINT
-
On next candle below or above runaway gap, continuation gap, measuring gap depending if it is a downtrend or an uptrend Do not enter into a trade if price is breaking through runaway gap, continuation gap, measuring gap without any sign of rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the breakaway, exhaustion, continuation and common gaps - BO Turbo Trader watch the corresponding video here
Exhaustion Gaps
CRITERIAS
-
at the end of trending market sign of end of a trend large price differences
PATTERN PSYCHOLOGY
Exhaustion Gaps
Gap UP
Support & Resistance
-
sign of liquidation or losing interest in the market sign of higher volatility and increase of trading volume
SUPPORT AND RESISTANCE Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below exhaustion gap and price moved before in an uptrend and on rejection from below in upper direction Enter only into a PUT trade when price moves in Purchase time above exhaustion gap and price moved before in a downtrend and on rejection from above in lower direction
-
gap up use as support gap down use as resistance
ENTRY POINT
-
On next candle below or above exhaustion gap depending of the previous trend direction.
Do not enter into a trade if price is breaking through breakaway gap without any sign of rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade rising window and falling window, rising windows, falling windows- BO Turbo Trader watch the corresponding video here
falling window
Major SnR - Resistance Zone
rising window
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines -> Resistance Zone EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines -> Support Zone
Major SnR - Support Zone
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade rising window and falling window, rising windows, falling windows- BO Turbo Trader watch the corresponding video here
falling window - gap down
CRITERIAS
Major SnR - Resistance Zone
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines -> Resistance Zone
-
in downtrend at key levels market in strong downtrend (Put) price creates gap down - falling window price retrace back to falling window price pullback and continues in a trend continuation
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above falling window / gap down and on rejection from above in lower direction
-
SUPPORT AND RESISTANCE
-
gap down (falling window) acts as resistance
ENTRY POINT
Do not enter into a PUT trade if price is breaking through falling window / gap down without any sign of rejection.
price pushed down till gap down change of polarity - support becomes resistance price pull back to resistance and reverse at major snr price continues downtrend (sellers in control)
On next candle above falling window and/or above closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade rising window and falling window, rising windows, falling windows- BO Turbo Trader watch the corresponding video here
rising window - gap up
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines -> Support Zone
in uptrend at key levels market in strong uptrend (Call) price creates gap up - rising window price retrace back to rising window price pullback and continues in a trend continuation
PATTERN PSYCHOLOGY Major SnR - Support Zone
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below rising window / gap up and on rejection from below in upper direction
-
SUPPORT AND RESISTANCE
-
gap up (rising window) acts as support
ENTRY POINT
Do not enter into a CALL trade if price is breaking through rising window / gap up without any sign of rejection.
price pushed up till gap up change of polarity - resistance becomes support price pull back to support and reverse at major snr price continues uptrend (buyers in control)
On next candle below rising window and/or below closing price of previous candle
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the Marubozu Candlestick and the big belt pattern - BO Turbo Trader watch the corresponding video here High
High
Closing Price
Opening Price
Opening Price
Closing Price
Low
Low
Rejection
Big Belt
Marubozu EMA, Fibonacci Level, Bollinger Band SnR + Trendlines
EMA, Fibonacci Level, Bollinger Band and SnR
1. 2. 3.
Major key level (SnR, BB, Trendlines, Fibonacci and EMA Big belt candle has to be a wide range The last touch or area was long ago 7-10 candlestick
7 candles or more
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the Marubozu Candlestick and the big belt pattern - BO Turbo Trader watch the corresponding video here
bullish marubozu - continuation
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
in uptrend above key levels market in strong uptrend (Call) price creates strong bullish candle which breaks resistance with small or no upper and lower wick
50%
PATTERN PSYCHOLOGY
-
price pushed up till resistance and breaks resistance next candle retrace back at support (change of polarity) continues to go up further (buyers in control)
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below above support and resistance in upper direction Do not enter into a CALL trade if price is breaking through support and resistance without any sign of rejection.
SUPPORT AND RESISTANCE
-
50% of real body represents support and resistance
ENTRY POINT
-
On next candle below closing price of previous candle and/or above support level
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the Marubozu Candlestick and the big belt pattern - BO Turbo Trader watch the corresponding video here
bearish marubozu - continuation
CRITERIAS
-
in downtrend below key levels market in strong downtrend (Put) price creates strong bearish candle which breaks support with small or no upper and lower wick
50%
PATTERN PSYCHOLOGY
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
-
price pushed down till support and breaks support next candle retrace back at resistance (change of polarity) continues to go down further (sellers in control)
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below support and resistance in lower direction Do not enter into a PUT trade if price is breaking through support and resistance without any sign of rejection.
SUPPORT AND RESISTANCE
-
50% of real body represents support and resistance
ENTRY POINT
-
On next candle above closing price of previous candle and/or below resistance level
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the Marubozu Candlestick and the big belt pattern - BO Turbo Trader watch the corresponding video here
marubozu - reversal big belt - reversal
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
-
50%
in uptrend below or at key levels market in healthy uptrend (Put) price creates strong bullish candle which close as exhaustion candle exactly or below resistance with small or no upper and lower wick
PATTERN PSYCHOLOGY
-
price pushed up till resistance and closes close to resistance next candle reverse from resistance next candle continues to go down further (sellers in control)
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above above support and resistance in lower direction
SUPPORT AND RESISTANCE
-
ENTRY POINT
Do not enter into a PUT trade if price is breaking through support and resistance without any sign of rejection.
50% of real body represents support and resistance higher high (HH), upper shadow/tail/wick and real body of previous candle acts as resistance On next candle above closing price of previous candle and/or above resistance level
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the Marubozu Candlestick and the big belt pattern - BO Turbo Trader watch the corresponding video here
marubozu - reversal big belt - reversal
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
in downtrend above or at key levels market in healthy downtrend (Call) price creates strong bearish candle which close as exhaustion candle exactly or above support with small or no upper and lower wick
PATTERN PSYCHOLOGY
50%
-
price pushed down till support and closes close to support next candle reverse from support next candle continues to go up further (buyers in control)
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below below support and resistance in upper direction
SUPPORT AND RESISTANCE
-
ENTRY POINT
Do not enter into a CALL trade if price is breaking through support and resistance without any sign of rejection.
50% of real body represents support and resistance lower low high (LL), lower shadow/tail/wick and real body of previous candle acts as support On next candle below closing price of previous candle and/or below support level
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade Inside Bar (Mother Bar) pattern in trending market - BO Turbo Trader watch the corresponding video here
Inside Bar Mother Bar Inside Bar
Mother Bar Inside Bar
High
Opening Price
Opening Price
Closing Price
Low
Low
EMA, Fibonacci Level, Bollinger Band and SnR
EMA, Fibonacci Level, Bollinger Band & SnR EMA, Fibonacci Level, Bollinger Band and SnR
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
High
Closing Price
Rejection
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade Inside Bar (Mother Bar) pattern in trending market - BO Turbo Trader watch the corresponding video here
CRITERIAS
bullish inside bar
-
Inside Bar Mother Bar
-
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
in uptrend above or at key levels market in strong uptrend (Call) price creates bullish candle (mother bar) above support level Next candle is bearish candle (inside bar) which is engulfed completely from previous mother bar lower shadow/tail/wick enforce effect of inside bar
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below above support and resistance in upper direction
-
price pushed up above resistance and closes above resistance (mother bar) next candle retrace back to now support level and reject from it next candle continues to go up further (buyers in control)
SUPPORT AND RESISTANCE
-
lower low high (LL), lower shadow/tail/wick and real body of previous candle acts as support
ENTRY POINT
Do not enter into a CALL trade if price is breaking through support and resistance without any sign of rejection.
-
On next candle below closing price of previous candle and/or above support level
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade Inside Bar (Mother Bar) pattern in trending market - BO Turbo Trader watch the corresponding video here
CRITERIAS
bearish inside bar
-
Mother Bar Inside Bar
-
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
-
in downtrend below or at key levels market in strong downtrend (Put) price creates bearish candle (mother bar) below resistance level Next candle is bullish candle (inside bar) which is engulfed completely from previous mother bar upper shadow/tail/wick enforce effect of inside bar
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below support and resistance in lower direction
-
price pushed down below support and closes below support (mother bar) next candle retrace back to now resistance level and reject from it next candle continues to go down further (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of previous candle acts as resistance
ENTRY POINT
Do not enter into a PUT trade if price is breaking through support and resistance without any sign of rejection.
-
On next candle above closing price of previous candle and/or below resistance level
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the Morning Star and the Evening Star Candlestick Pattern - BO Turbo Trader watch the corresponding video here
Evening Doji Star
Evening Star
Morning Doji Star
Morning Star Rejection
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the Morning Star and the Evening Star Candlestick Pattern - BO Turbo Trader watch the corresponding video here
Evening Star - Evening Doji Star EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
CRITERIAS
-
in uptrend at key levels market in healthy uptrend (Put) price creates bullish candle below resistance level next candle is a weak candle or doji (indecision) next candle reverse from resistance in a bearish candle
PATTERN PSYCHOLOGY
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below support and resistance in lower direction Do not enter into a PUT trade if price is breaking through support and resistance without any sign of rejection.
price pushed up against resistance price tries to break through resistance but fail price reverse from resistance (sellers in control)
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of previous candles acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and/or above resistance level created by previous candles
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade the Morning Star and the Evening Star Candlestick Pattern - BO Turbo Trader watch the corresponding video here
Morning Star - Morning Doji Star
CRITERIAS
-
in downtrend at key levels market in healthy downtrend (Call) price creates bearish candle above support level next candle is a weak candle or doji (indecision) next candle reverse from support in a bullish candle
PATTERN PSYCHOLOGY
-
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below below support and resistance in upper direction Do not enter into a CALL trade if price is breaking through support and resistance without any sign of rejection.
price pushed down against support price tries to break through support but fail price reverse from support (buyers in control)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of previous candles acts as support
ENTRY POINT
-
On next candle below closing price of previous candle and/or below support level created by previous candles
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade three white soldiers and three black crows on binary option - BO Turbo Trader watch the corresponding video here
Rejection
Three White Soldiers Three Black Crows
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade three white soldiers and three black crows on binary option - BO Turbo Trader
Three white soldiers - trend continuation
watch the corresponding video here
CRITERIAS
-
in uptrend between key levels market in strong uptrend (Call) price creates 3 consecutive bullish candles next candle retrace and close as bearish candle next few bullish candles continue uptrend
PATTERN PSYCHOLOGY
-
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
Rejection
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection from above below support and resistance in lower direction Do not enter into a PUT trade if price is breaking through support and resistance without any sign of rejection.
price pushed up price retrace and next candle do trend continuation after 3 bullish candles next candle bearish (sellers in control)
SUPPORT AND RESISTANCE
-
lower low (LL), lower shadow/tail/wick and real body of retracement candle acts as support
ENTRY POINT
-
On next candle above closing price of previous candle and/or above resistance level created by previous candles
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade three white soldiers and three black crows on binary option - BO Turbo Trader
Three black crows - trend continuation
watch the corresponding video here
CRITERIAS
-
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
in downtrend between key levels market in strong downtrend (Put) price creates 3 consecutive bearish candles next candle retrace and close as bullish candle next few bearish candles continue downtrend
PATTERN PSYCHOLOGY
-
price pushed down price retrace and next candle do trend continuation after 3 bearish candles next candle bullish (buyers in control)
Rejection
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection from below above support and resistance in upper direction Do not enter into a CALL trade if price is breaking through support and resistance without any sign of rejection.
SUPPORT AND RESISTANCE
-
higher high (HH), upper shadow/tail/wick and real body of retracement candle acts as resistance
ENTRY POINT
-
On next candle above closing price of previous candle and/or below support level created by previous candles
varichhy@hotm ail.com30Jan 2019
BO Turbo Trader Price Action Guide for Binary Options Turbo Trading CHART PATTERNS
CONTACTS
[email protected]
Facebook
boturbotrader (blogspot)
@boturbotrader
Facebook Group
boturbotrader (tumblr)
boturbotrader(youtube)
DISCLAIMER This ebook is not an investment advice. Your invested capital may be at risk and don’t trade with money you can’t afford to lose.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade trend channel trading strategy, trendlines and trend line breakout - BO Turbo Trader watch the corresponding video here BREAKOUT + Pullback
UPTREND
Higher High
Higher High
ascending channel trendline (higher highs) RESISTANCE
Higher High
Swing High High Higher Low
Swing High ascending channel trendline (higher lows) SUPPORT
Swing High
Higher Low Higher Low
>60° strong trend >45° healthy trend 10 min <30° weak trend <15° ranging market
Swing Lows
DOWNTREND
Swing Lows
Low
1 min High Lower High
descending channel trendline (lower highs) RESISTANCE Swing High
Lower High
Swing High
Lower High Low
Swing Lows Swing Lows descending channel trendline (lower low)
BREAKOUT + Pullback Lower Low Lower Low
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade trend channel trading strategy, trendlines and trend line breakout - BO Turbo Trader watch the corresponding video here
CRITERIAS
UPTREND BREAKOUT + Pullback
ascending channel trendline (higher highs) RESISTANCE
-
price creates higher highs (HH) and higher lows (HL) angle of trendlines above 15° angle trend channel parallel based ascending trendlines 2 swing lows creates ascending trendline (uptrend)
Swing High
PATTERN PSYCHOLOGY Swing High ascending channel trendline (higher lows) SUPPORT
Swing High
Swing Lows Swing Lows
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection in upper direction in direction of the uptrend. Do not enter into a CALL trade if price is breaking through ascending trendline at swing lows / higher lows without any sign of rejection and in minor downtrend.
-
price creates higher highs and higher lows buyers in control bullish impulse wave - bearish corrective wave
SUPPORT AND RESISTANCE
-
higher highs (HH), swing highs of trend channel act as resistance higher lows (HL), swing lows of trend channel act as support
ENTRY POINT
-
above ascending trend channel at swing highs, higher highs on reversal trades below ascending trend channel at swing lows, higher lows on reversal trades above/below closing price of candlestick pattern in between of trendlines in direction of minor uptrend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade trend channel trading strategy, trendlines and trend line breakout - BO Turbo Trader watch the corresponding video here
DOWNTREND
CRITERIAS
-
descending channel trendline (lower highs) RESISTANCE Swing High Swing High
Swing Lows
BREAKOUT + Pullback
Swing Lows descending channel trendline (lower low) SUPPORT
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection in lower direction in direction of the downtrend. Do not enter into a PUT trade if price is breaking through descending trendline at swing highs / lower highs without any sign of rejection and in minor uptrend.
price creates lower lows (LL) and lower highs (LH) angle of trendlines below -15° angle trend channel parallel based descending trendlines 2 swing highs creates descending trendline (downtrend)
PATTERN PSYCHOLOGY
-
price creates lower lows and lower highs sellers in control bearish impulse wave - bullish corrective wave
SUPPORT AND RESISTANCE
-
lower highs (LH), swing highs of trend channel act as resistance lower lows (LL), swing lows of trend channel act as support
ENTRY POINT
-
above descending trend channel at swing highs, lower highs on reversal trades below descending trend channel at swing lows, lower lows on reversal trades above/below closing price of candlestick pattern in between of trendlines in direction of minor downtrend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade symmetrical triangle chart pattern in binary options turbo trading - BO Turbo Trader watch the corresponding video here descending trendline (lower highs)
Base Apex
ascending trendline (higher lows)
descending trendline (lower highs)
Base
ascending trendline (higher lows)
Apex
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade symmetrical triangle chart pattern in binary options turbo trading - BO Turbo Trader watch the corresponding video here
SYMMETRICAL TRIANGLE
CRITERIAS
-
descending trendline (lower highs) Base
after downtrend price starts to consolidate between descending trendline and ascending trendline consolidation ends close to the apex at apex often will occur a breakout in no favorite direction
PATTERN PSYCHOLOGY Apex
ascending trendline (higher lows)
after downtrend consolidation between descending and ascending trendline which shows indecision and that not buyers and no sellers are in control till the breakout
SUPPORT AND RESISTANCE HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection in lower direction in direction of the minor downtrend. Do not enter into a PUT trade if price is breaking through descending trendline at lower highs without any sign of rejection and in minor uptrend.
-
lower highs (LH) of descending trendline act as resistance higher lows (HL) of ascending trendline act as support
ENTRY POINT
-
above descending trendline lower highs on reversal trades below ascending trendline higher lows on reversal trades above/below closing price of candlestick pattern in between of trendlines in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade symmetrical triangle chart pattern in binary options turbo trading - BO Turbo Trader watch the corresponding video here
CRITERIAS
SYMMETRICAL TRIANGLE
-
descending trendline (lower highs)
-
after uptrend price starts to consolidate between descending trendline and ascending trendline consolidation ends close to the apex at apex often will occur a breakout in no favorite direction
PATTERN PSYCHOLOGY Apex
Base
-
ascending trendline (higher lows)
after uptrend consolidation between descending and ascending trendline which shows indecision and that not buyers and no sellers are in control till the breakout
SUPPORT AND RESISTANCE HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection in upper direction in direction of the minor uptrend. Do not enter into a CALL trade if price is breaking through ascending trendline at higher lows without any sign of rejection and in minor downtrend.
-
lower highs (LH) of descending trendline act as resistance higher lows (HL) of ascending trendline act as support
ENTRY POINT
-
above descending trendline lower highs on reversal trades below ascending trendline higher lows on reversal trades above/below closing price of candlestick pattern in between of trendlines in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade ascending triangle and descending triangle on binary options - BO Turbo Trader watch the corresponding video here
Ascending Triangle SnR, Trendline, Fibonacci Level, EMA etc.
Apex Base
ascending trendline (higher lows)
Descending Triangle descending trendline (lower highs)
Base
Apex SnR, Trendline, Fibonacci Level, EMA etc.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade ascending triangle and descending triangle on binary options - BO Turbo Trader watch the corresponding video here
CRITERIAS
Ascending Triangle
EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
-
after uptrend price starts to consolidate between resistance and ascending trendline consolidation ends close to the apex at apex often will occur a breakout in upper direction
Apex
PATTERN PSYCHOLOGY Base
-
ascending trendline (higher lows)
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection in upper direction in direction of the minor uptrend or after breakout and pullback from SnR in upper direction Do not enter into a CALL trade if price is breaking through ascending trendline at higher lows without any sign of rejection and in minor downtrend.
-
after uptrend consolidation between resistance and ascending trendline price is pushed again resistance (buying pressure) touches on resistance will be shorter and shorter at apex breakout in upper direction (buyers in control)
SUPPORT AND RESISTANCE
-
EMA, Fibonacci, BB, SnR act as resistance higher lows (HL) of ascending trendline act as support
ENTRY POINT
-
above EMA, Fibonacci, BB, SnR on reversal trades below ascending trendline higher lows on reversal trades above/below closing price of candlestick pattern in between of trendline and SnR in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade ascending triangle and descending triangle on binary options - BO Turbo Trader watch the corresponding video here
Descending Triangle
CRITERIAS
descending trendline (lower highs)
-
Base
after downtrend price starts to consolidate between support and descending trendline consolidation ends close to the apex at apex often will occur a breakout in lower direction
PATTERN PSYCHOLOGY Apex EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection in lower direction in direction of the minor downtrend or after breakout and pullback from SnR in lower direction Do not enter into a PUT trade if price is breaking through descending trendline at lower highs without any sign of rejection and in minor uptrend.
-
after downtrend consolidation between support and descending trendline price is pushed again support (selling pressure) touches on support will be shorter and shorter at apex breakout in lower direction (sellers in control)
SUPPORT AND RESISTANCE
-
EMA, Fibonacci, BB, SnR act as support lower highs (LH) of descending trendline act as resistance
ENTRY POINT
-
below EMA, Fibonacci, BB, SnR on reversal trades above descending trendline lower highs on reversal trades above/below closing price of candlestick pattern in between of trendline and SnR in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bull flag vs bear flag, flag formation, flag analysis, flag pattern - BO Turbo Trader watch the corresponding video here profit target = height of flagpole
Bull Flag - Bullish Flag
descending trendline (lower highs)
flagpole
descending trendline (lower lows)
Bear Flag - Bearish Flag
ascending trendline (higher highs)
flagpole
ascending trendline (higher lows)
profit target = height of flagpole
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bull flag vs bear flag, flag formation, flag analysis, flag pattern - BO Turbo Trader watch the corresponding video here
Bull flag - bullish flag
CRITERIAS
descending trendline (lower highs)
profit target = height of flagpole
-
after uptrend price starts to consolidate between descending trend lines (downtrend - trend channel) consolidation ends after breakout of trend channel breakout of descending trend channel (downtrend) in upper direction
PATTERN PSYCHOLOGY
-
flagpole descending trendline (lower lows)
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection in upper direction in direction of the minor uptrend or after breakout and pullback from SnR in upper direction Do not enter into a CALL trade if price is breaking through lower descending trendline at lower lows without any sign of rejection and in minor
-
price pushed strong up creating a flag pole next price starts to consolidate in bearish trend channel between descending parallel trend lines till breakout breakout after bullish flag - bull flag in upper direction (buyers in control)
SUPPORT AND RESISTANCE
-
upper descending trend line of trend channel act as resistance lower descending trend line of trend channel act as support
ENTRY POINT
-
above upper descending trendline lower highs reversal trades below lower descending trendline lower lows on reversal trades above/below closing price of candlestick pattern in between of trend lines in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade bull flag vs bear flag, flag formation, flag analysis, flag pattern - BO Turbo Trader watch the corresponding video here
Bear flag - bearish flag
CRITERIAS
ascending trendline (higher highs)
-
flagpole
after downtrend price starts to consolidate between ascending trend lines (uptrend - trend channel) consolidation ends after breakout of trend channel breakout of ascending trend channel (uptrend) in lower direction
PATTERN PSYCHOLOGY
-
ascending trendline (higher lows) profit target = height of flagpole
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection in lower direction in direction of the minor downtrend or after breakout and pullback from SnR in lower direction Do not enter into a PUT trade if price is breaking through upper ascending trendline at higher highs without any sign of rejection and in minor uptrend.
-
price pushed strong down creating a flag pole next price starts to consolidate in bullish trend channel between ascending parallel trend lines till breakout breakout after bearish flag - bear flag in lower direction sellers in control)
SUPPORT AND RESISTANCE
-
upper ascending trend line of trend channel act as resistance lower ascending trend line of trend channel act as support
ENTRY POINT
-
above upper ascending trendline higher highs reversal trades below lower ascending trendline higher lows on reversal trad above/below closing price of candlestick pattern in between o trend lines in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade pennant flags, flags and pennants, pennant trading, flagpole - BO Turbo Trader watch the corresponding video here
Bull Pennant - Bullish Pennant
Bear Pennant - Bearish Pennant
profit target = height of flagpole or the height of the base
base descending trendline (lower highs)
flagpole descending trendline (lower highs)
base
ascending trendline (higher lows) base
flagpole
ascending trendline (higher lows) base
profit target = height of flagpole or the height of the base
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade pennant flags, flags and pennants, pennant trading, flagpole - BO Turbo Trader
Bull Pennant - Bullish Pennant
watch the corresponding video here
CRITERIAS
profit target = height of flagpole / the height of the base
-
base descending trendline (lower highs)
-
after uptrend price starts to consolidate between descending trend line and ascending trendline consolidation ends after breakout of convergenting trend lines without apex breakout of descending trendline in upper direction
PATTERN PSYCHOLOGY base
ascending trendline (higher lows)
flagpole
-
price pushed strong up creating a flag pole next price starts to consolidate between descending trend line and ascending trendline till breakout breakout mostly occurs in upper direction (buyers in control)
SUPPORT AND RESISTANCE HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection in upper direction in direction of the minor uptrend or after breakout and pullback from SnR in upper direction Do not enter into a CALL trade if price is breaking through ascending trendline at higher lows without any sign of rejection and in minor downtrend.
-
descending trendline act as resistance ascending trendline act as support
ENTRY POINT
-
above descending trendline lower highs reversal trades below ascending trendline higher lows on reversal trades above/below closing price of candlestick pattern in between o trend lines in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade pennant flags, flags and pennants, pennant trading, flagpole - BO Turbo Trader
Bear Pennant - Bearish Pennant
watch the corresponding video here
CRITERIAS
flagpole
descending trendline (lower highs)
-
base
after downtrend price starts to consolidate between descending trend line and ascending trendline consolidation ends after breakout of convergenting trend lines without apex breakout of ascending trendline in lower direction
PATTERN PSYCHOLOGY ascending trendline (higher lows) base profit target = height of flagpole / the height of the base
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection in lower direction in direction of the minor downtrend or after breakout and pullback from SnR in lower direction Do not enter into a PUT trade if price is breaking through descending trendline at lower highs without any sign of rejection and in minor uptrend.
-
price pushed strong down creating a flag pole next price starts to consolidate between descending trend line and ascending trendline till breakout breakout mostly occurs in lower direction (sellers in control)
SUPPORT AND RESISTANCE
-
descending trendline act as resistance ascending trendline act as support
ENTRY POINT
-
above descending trendline lower highs reversal trades below ascending trendline higher lows on reversal trades above/below closing price of candlestick pattern in between o trend lines in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade rising wedge and falling wedge, wedge chart pattern- BO Turbo Trader watch the corresponding video here
Rising Wedge - Ascending Wedge
Falling Wedge - Descending Wedge
profit target = height of the base
profit target = height of the base descending trendline (lower highs)
base
base ascending trendline (higher highs) base
descending trendline (lower lows) base
base profit target = height of the base base ascending trendline (higher lows)
profit target = height of the base
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade rising wedge and falling wedge, wedge chart pattern- BO Turbo Trader
Rising Wedge - Ascending Wedge
base
profit target = height of the base
base ascending trendline (higher lows)
-
ascending trendline (higher highs)
base
watch the corresponding video here
CRITERIAS
after ranging market price starts to consolidate between ascending trend lines which are convergenting consolidation area ends after breakout of convergenting trend lines without apex breakout of upper ascending trendline in upper direction
PATTERN PSYCHOLOGY profit target = height of the base
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection in upper direction in direction of the minor uptrend or after breakout and pullback from SnR in upper direction Do not enter into a CALL trade if price is breaking through lower ascending trendline at higher lows without any sign of rejection and in minor
-
price moves in box-range market next price starts to consolidate between upper ascending trend line and lower ascending trendline till breakout breakout mostly occurs in upper direction (buyers in control)
SUPPORT AND RESISTANCE
-
upper ascending trendline act as resistance lower ascending trendline act as support
ENTRY POINT
-
above upper ascending trendline higher highs reversal trades below lower ascending trendline higher lows on reversal trad above/below closing price of candlestick pattern in between o trend lines in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade rising wedge and falling wedge, wedge chart pattern- BO Turbo Trader
Falling Wedge - Descending Wedge descending trendline (lower highs) base
profit target = height of the base
watch the corresponding video here
CRITERIAS
-
base
after ranging market price starts to consolidate between descending trend lines which are convergenting consolidation area ends after breakout of convergenting trend lines without apex breakout of lower descending trendline in lower direction
PATTERN PSYCHOLOGY
-
descending trendline (lower lows) base
profit target = height of the base
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection in lower direction in direction of the minor downtrend or after breakout and pullback from SnR in lower direction Do not enter into a PUT trade if price is breaking through upper descending trendline at lower highs without any sign of rejection and in minor uptrend.
-
price moves in box-range market next price starts to consolidate between upper descending trend line and lower descending trendline till breakout breakout mostly occurs in lower direction (sellers in control)
SUPPORT AND RESISTANCE
-
upper descending trendline act as resistance lower descending trendline act as support
ENTRY POINT
-
above upper descending trendline lower highs reversal trade below lower descending trendline lower lows on reversal trades above/below closing price of candlestick pattern in between o trend lines in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade broadening tops and broadening bottoms, broadening channel - BO Turbo Trader watch the corresponding video here profit target = height of the base
Broadening Bottoms
Broadening Tops
pullback base
ascending trendline (higher highs)
breakout confirmation line ascending trendline (higher highs)
base
partial rise
partial decline base confirmation line descending trendline (lower lows)
descending trendline (lower lows) breakout base
pullback
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade broadening tops and broadening bottoms, broadening channel - BO Turbo Trader watch the corresponding video here
Broadening Bottoms profit target = height of the base
CRITERIAS
-
base
-
breakout confirmation line
ascending trendline (higher highs)
partial decline
base descending trendline (lower lows)
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection in upper direction in direction of the minor uptrend or after breakout and pullback from SnR in upper direction or after partial decline. Do not enter into a CALL trade if price is breaking through descending trendline at lower lows without any sign of rejection and in minor downtrend.
-
after uptrend price starts to consolidate between ascending trendline and descending trendline which are divergenting consolidation area ends after breakout of divergenting trend lines breakout of ascending trendline in upper direction after partial decline
PATTERN PSYCHOLOGY
-
price moves in uptrend next price starts to consolidate between ascending trend line and descending trendline till breakout breakout mostly occurs in upper direction (buyers in control)
SUPPORT AND RESISTANCE
-
ascending trendline act as resistance descending trendline act as support
ENTRY POINT
-
above ascending trendline higher highs reversal trades below descending trendline lower lows on reversal trades above/below closing price of candlestick pattern in between o trend lines in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade broadening tops and broadening bottoms, broadening channel - BO Turbo Trader watch the corresponding video here
Broadening Tops ascending trendline (higher highs)
CRITERIAS
base
-
partial rise
confirmation line
descending trendline (lower lows)
after downtrend price starts to consolidate between ascending trendline and descending trendline which are divergenting consolidation area ends after breakout of divergenting trend lines breakout of descending trendline in lower direction after partial rise
PATTERN PSYCHOLOGY base
breakout
pullback
profit target = height of the base
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection in lower direction in direction of the minor downtrend or after breakout and pullback from SnR in lower direction or after partial rise. Do not enter into a PUT trade if price is breaking through ascending trendline at higher highs without any sign of rejection and in minor uptrend.
-
price moves in downtrend next price starts to consolidate between ascending trend line and descending trendline till breakout breakout mostly occurs in lower direction (sellers in control)
SUPPORT AND RESISTANCE
-
ascending trendline act as resistance descending trendline act as support
ENTRY POINT
-
above ascending trendline higher highs reversal trades below descending trendline lower lows on reversal trades above/below closing price of candlestick pattern in between o trend lines in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade rectangle tops and rectangle bottoms chart pattern - BO Turbo Trader watch the corresponding video here
Rectangle Tops
Rectangle Bottoms
profit target = height of the base trendline (s&r, fibo, ema) base trendline (s&r, fibo, ema) base
base trendline (s&r, fibo, ema) trendline (s&r, fibo, ema)
base
profit target = height of the base
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade rectangle tops and rectangle bottoms chart pattern - BO Turbo Trader
Rectangle Bottoms
watch the corresponding video here profit target = height of the base
CRITERIAS
-
base trendline (s&r, fibo, ema)
PATTERN PSYCHOLOGY
-
base
trendline (s&r, fibo, ema)
after downtrend price starts to consolidate between support and resistance in a trend channel consolidation area ends after breakout of trend channel breakout of trend channel in upper direction
-
price moves in downtrend next price starts to consolidate between support and resistance till breakout breakout mostly occurs in upper direction (buyers in control)
SUPPORT AND RESISTANCE
HOW TO TRADE
Enter only into a CALL trade when price moves in Purchase time below closing price of previous candle and on rejection in upper direction in direction of the minor uptrend or after breakout and pullback from SnR in upper direction. Do not enter into a CALL trade if price is breaking through support level without any sign of rejection and in minor downtrend.
-
upper support and resistance level of trend channel act as resistance lower support and resistance level of trend channel act as support
ENTRY POINT
-
above resistance level on reversal trades below support level on reversal trades above/below closing price of candlestick pattern in between o support and resistance in direction of minor trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade rectangle tops and rectangle bottoms chart pattern - BO Turbo Trader
Rectangle Tops
watch the corresponding video here
CRITERIAS
trendline (s&r, fibo, ema)
-
after uptrend price starts to consolidate between support and resistance in a trend channel consolidation area ends after breakout of trend channel breakout of trend channel in lower direction
PATTERN PSYCHOLOGY base trendline (s&r, fibo, ema) base profit target = height of the base
-
SUPPORT AND RESISTANCE
HOW TO TRADE
Enter only into a PUT trade when price moves in Purchase time above closing price of previous candle and on rejection in lower direction in direction of the minor downtrend or after breakout and pullback from SnR in lower direction. Do not enter into a PUT trade if price is breaking through resistance level without any sign of rejection and in minor uptrend.
price moves in uptrend next price starts to consolidate between support and resistance till breakout breakout mostly occurs in lower direction (sellers in control)
-
upper support and resistance level of trend channel act as resistance lower support and resistance level of trend channel act as support
ENTRY POINT
-
above resistance level on reversal trades below support level on reversal trades above/below closing price of candlestick pattern in between o support and resistance in direction of minor trend
varichhy@hotm ail.com30Jan 2019
BO Turbo Trader Price Action Guide for Binary Options Turbo Trading BINARY OPTIONS TURBO TRADING CONCEPTS
CONTACTS
[email protected]
Facebook
boturbotrader (blogspot)
@boturbotrader
Facebook Group
boturbotrader (tumblr)
boturbotrader(youtube)
DISCLAIMER This ebook is not an investment advice. Your invested capital may be at risk and don’t trade with money you can’t afford to lose.
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade with Candlestick Math (Mathematics) the right way - BO Turbo Trader
Candlestick Mathematics
=
=
=
=
watch the corresponding video here
=
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade with Candlestick Math (Mathematics) the right way - BO Turbo Trader watch the corresponding video here
-
difference between opening price of 1st candle and closing price of last candle forms real body of calculated candle
-
higher high of all calculated candles forms the upper shadow of the calculated candle
-
lower low of all calculated candles forms the lower shadow of the calculated candle
-
all multi bar candlestick reversal pattern can be reduced thanks to candlestick math to a pin bar
-
the calculation of the resulting real body of such candlesticks can give a hint of the power of that reversal or continuation candlestick pattern
-
the part of the candle that blends into the others becomes the wick, this can give a hint of the market pressure
-
the time frame, the amount of candles and the ratio of wick in relation to real body can give a hint about future market moves on short term basis
-
for the right calculation of candlestick pattern should be always selected the time of the new created candle
-
2 bar candlestick pattern needs mostly 2 bar for the trend to unfold, also if there is applied candlestick math, that means if the result of a 2 bar reversal or continuation pattern is a pin bar, the trend following th at pin bar needs 2 candles to unfold
varichhy@hotm ail.com30Jan 2019
Price Action: How to distinguish rejection from a market move the right way - IQ Option - BO Turbo Trader watch the corresponding video here 1. Major Trend and Minor Trend in your favor
Rejection
2. Strong Support & Resistance Level ( Major Key Level) 3. Candlestick Pattern which confirms your expectation EMA, Fibonacci, Trendline, S&R, BB -> Resistance
EMA, Fibonacci, Trendline, S&R -> Support
varichhy@hotm ail.com30Jan 2019
Price Action: How to distinguish rejection from a market move the right way - IQ Option - BO Turbo Trader watch the corresponding video here
-
rejection has to expect only on major key levels areas like EMA, BB, Trendline, Fibonacci and horizontal SnR
-
price has to touch the specific key levels area - if not - no valid rejection
-
rejection makes only a small part of the trading setup, in overall 20%, further 20% the key level, another 20% the candlestick pattern and another 20% the trend
-
in strong trending market (steep inclination up (uptrend), down (downtrend)) should be always expected a rejection in direction of the trend (trend continuation setup) and mostly after price break through the SnR
-
in weak or healthy trending market should be expected a reversal against the direction of the trend (reversal setup) and mostly before price will touch the SnR
-
good trading setups consist of major and minor trend in your favor, strong SnR on which price reacts in form of a rejection and a candlestick pattern which confirms the expectation of a continuation of the trend or a reversal
-
a rejection is a fast and sharp movement of price which demonstrates almost the entry of buyers/sellers in the market
-
the rejection is the last confirmation of a trading setup after trend analysis, SnR and confirmation of expectation of direction with candlestick pattern
varichhy@hotm ail.com30Jan 2019
Price Action: How to spot weak snr and strong s&r (support & resistance) the right way - BO Turbo Trader watch the corresponding video here EMA, SnR, Fibonacci Levels, Bollinger Bands, Trendlines
healthy market (uptrend)
EMA, SnR, Fibonacci Levels, Bollinger Bands, Trendlines consolidation area strong uptrend
healthy market (downtrend) strong downtrend
varichhy@hotm ail.com30Jan 2019
Price Action: How to spot weak snr and strong s&r (support & resistance) the right way - BO Turbo Trader watch the corresponding video here
-
on healthy trending market price will mostly reverse from SnR (EMA, Fibonacci, Trendline, BB, horizontal SnR)
-
on strong trending market price will mostly break through SnR (EMA, Fibonacci, Trendline, BB, horizontal SnR)
-
consolidation or ranging market shows that trend is pushing against strong SnR which can break at any moment
-
uptrend is defined by more green candles than red candles and smaller red candles than green candles
-
downtrend is defined by more red candles than green candles and smaller green candles than red candles
-
candlestick pattern behave differently in different market conditions (trending, ranging etc.)
-
the strength of any key level is determined by the trend strength, the market pressure and of the quantity of touches and the change of polarity - support becomes resistance and resistance becomes support
.
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade with the major trend and minor trend to get the odds of your favor - BO Turbo Trader watch the corresponding video here EMA, Fibonacci Level, Bollinger Band and SnR, Trendlines
Major Trend Uptrend
Minor Trend
200 EMA (purple) below the 100 EMA (red) 100 EMA (red) below the 50 EMA (orange) 50 EMA (orange) below the 20 EMA(yellow) 20 EMA (yellow) below the PRICE
Downtrend 200 EMA (purple) above the 100 EMA (red) 100 EMA (red) above the 50 EMA (orange) 50 EMA (orange) above 20 EMA (yellow) 20 EMA (yellow) above PRICE
1+1 = 2 1+(-1)= 0
Minor Trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade with the major trend and minor trend to get the odds of your favor - BO Turbo Trader -
EMA and BB help to identify the major trend
-
Price action help to identify the minor trend
-
uptrend: price above all EMA (major uptrend) - The 200 EMA lowest and 20 EMA at the top.
-
uptrend: price between upper 1 deviation bb and upper 2 deviation bb
-
downtrend: price below all EMA (major downtrend) - The 20 EMA lowest and the 200 EMA at the top.
-
downtrend: price between lower 1 deviation bb and lower 2 deviation bb
-
trading setups should be in direction of the minor and major trend to increase the odds of a good outcome of the trade
-
ranging: price is moving above and below EMA (EMAs crossing)
-
ranging: price is moving between the upper 1 deviation and the lower 1 deviation around the middle bollinger band
-
on ranging market trades should be in the direction of the minor trend
-
identifying swings (minor trend) in order to trade in trend favor
varichhy@hotm ail.com30Jan 2019
Price Action: How adapting forex strategies and forex indicators to binary option turbo trading - BO Turbo Trader watch the corresponding video here
Binary Options Turbo Trading
Forex 1.Identify the trade opportunity 2. Create a trading plan 3. Enter the trade 4. Manage the trade 5. Exit the trade 6. Learn from the trade
Weigh risk to reward Follow trading system rules Use Market Biofeedback to adapt Make money from the trade Identify weakness in stages 1-5
market + broker
1.Identify the trade opportunity 2. Follow trading system rules 3. Enter the trade 4. Manage the trade - > 5. 6. Learn from the trade
Choose best payout asset >80%
Sell option Expiry time Identify weakness in stages 1-5
market + broker + time
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade rejections and how to distinguish a real, proper rejection from a invalid rejection watch the corresponding video here 20% - Major Trend and Minor Trend in your favor
- TRAFFIC
20% - Strong Support & Resistance Level ( Major Key Level)
- REDIRECTIONS
20% - Candlestick Pattern which confirms your expectation
- TRAFFIC SIGN
20% - Rejection ~ 80% - Success Rate
Double Top
Head and Shoulders
Elliot Wave 1-2-3
EMA, Fibonacci, BB Trendline, S&R -> Resistance
Double Bottom
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade rejections and how to distinguish a real, proper rejection from a invalid rejection -
trading setup should base on Trend, Key Level, Candlestick Pattern and Rejection as last confirmation of the trade
-
rejection should confirm your prediction with confirmation of trend, candlestick pattern
-
proper rejection is a sharp movement which shows entering of buyers/sellers to push the market in predict direction
-
invalid rejection mostly occur before touching key levels and in mismatch of context
-
uptrend: proper rejection should be from below in upper direction
-
downtrend: proper rejection should be from above in lower direction
-
bullish candlestick pattern: proper rejection should be from below in upper direction
-
bearish candlestick pattern: proper rejection should be from above in lower direction
-
support level: proper rejection should be from below in upper direction
-
resistance level: proper rejection should be from above in lower direction
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade channel breakouts and how to avoid false breakouts - false breakout meaning watch the corresponding video here
railway tracks inside bar
outside bar
doji
hammer
spinning top
evening star
EMA, Fibonacci, BB Trendline, S&R -> Resistance
distance
EMA, Fibonacci, BB Trendline, S&R -> Resistance
weak candles
weak candles EMA, Fibonacci, BB, Trendline, S&R -> Support
distance inside bar
outside bar railway tracks
doji
spinning top hammer
morning star
EMA, Fibonacci, BB, Trendline, S&R -> Support
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade channel breakouts and how to avoid false breakouts - false breakout meaning -
false breakouts happen at key levels (EMA, Fibonacci, BB, Trendline, horizontal SnR, Support and Resistance)
-
the most common fakes or fake outs are weak candle like doji, spinning top, pin bar and the hammer
-
rare fakeys, false breakouts or fake outs are inside bar, outside bar, railway tracks
-
fakeys, false breakouts or fake outs can consists of 1 bar candlesticks, 2 bar candlesticks, 3 bar and multi bar candlesticks
-
fake breakouts occur mostly when the next support and resistance level is far away and the candle are close to the current support and resistance level
-
fake breakouts occur mostly when price do not break the specific support and resistance level with determination which is often a hint that a fake breakout occured
varichhy@hotm ail.com30Jan 2019
Price Action: How to spot and identify market reversals and retracements - BO Turbo Trader watch the corresponding video here Reversal
5 Minute
1 Minute
Reversal
Retracement
Retracement Retracement
Retracement
Retracement
varichhy@hotm ail.com30Jan 2019
Price Action: How to spot and identify market reversals and retracements - BO Turbo Trader -
a reversal is a price change to an opposite direction, reversals on lower time frame (1 min) are retracements on higher time frame (5 min)
-
a retracement is a temporary reversal against the prevailing trend, where price will continue after the retracement the trend
-
reversals will hold mostly longer than 1 candlestick pattern depending from the trend strength of the previous trend
-
retracement mostly hold 1 candlestick pattern and are mostly weak candles depending from the trend strength of the prevailing trend
-
longer and stronger the previous trend longer and stronger the reversal and/or retracement
-
reversal will mostly initiate by reversal candlestick pattern like engulfing candle, pin bar, hanging man, doji etc.
-
retracements will mostly initiate by candles with wicks which show pressure against the prevailing trend
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to spot highest probability trading setups and high probability techniques - BO Turbo Trader watch the corresponding video here EMA, Fibonacci Level, Bollinger Band and SnR
20% 20% 20% 20%
- Major Trend and Minor Trend in your favor - Strong Support & Resistance Level ( Major Key Level) - Candlestick Pattern which confirms your expectation - Rejection
entry candle
EMA, Fibonacci Level, Bollinger Band and SnR
varichhy@hotm ail.com30Jan 2019
Price Action: How to spot highest probability trading setups and high probability techniques - BO Turbo Trader -
trading setups should consist of major trend and minor trend in your favor, strong support & resistance level (major key level), candlestick pattern which confirms your expectation and last but not least as last confirmation the rejection
-
reversal candlestick pattern, chart pattern as initial start of a trend, like engulfing candle, evening star, double top, head and shoulders and so on, trading the next candle like explained in the candlestick pattern section of the ebook and/or chart pattern
-
as soon candlestick pattern appear which confirms that the prevailing trend is still active and strong enough like bearish hammer in a downtrend, gravestone doji, inverted bearish hammer and so on on downtrend, trading the next candle in direction of the trend
-
when price does a pullback at 1 deviation bollinger band, and kind of EMA, Fibonacci Level, Trendline etc. trading the following candle in direction of the prevailing trend after that pullback of the SnR
-
after that downtrend or when the downtrend is losing momentum and steem waiting for any kind of bullish reversal candlestick pattern (morning star, bullish engulfing candle, double bottom, inverted head and shoulders) to trade the same concept now in an uptrend which is explained before for the downtrend
-
after reversal candle or chart pattern you can expect that a new trend will be established and this trend will mostly hold for more than a few candles depending of the opposite trend strength and duration
varichhy@hotm ail.com30Jan 2019
Price Action: How to read upper shadow and lower wick, tail, all about wicks, shadows, tails- BO Turbo Trader watch the corresponding video here
25% Major Trend and Minor Trend in your favor
10% real body
25% Strong Support & Resistance Level ( Major Key Level)
10% Ratio between shadow/wick/tail in relation to real body 10% Ratio between upper shadow/wick/tail and lower wick/shadow/tail selling pressure
x selling pressure
x
xx
xx
xx x x
x buying pressure
selling pressure
x
buying pressure
selling pressure
x
xx
x xx
buying pressure
xx x
x x
buying pressure
x
varichhy@hotm ail.com30Jan 2019
Price Action: How to read upper shadow and lower wick, tail, all about wicks, shadows, tails- BO Turbo Trader -
pressure reading is based on the wicks and real body of the candlesticks, the ratio between wick size and real body size, the ratio between upper shadow/wick/tail and the lower shadow/wick/tail and the position of the closing price in relation to the candlestick pattern (close to the closing price or close to the opening price)
-
bullish candle: if upper shadow is greater than lower shadow (selling pressure +1), if upper shadow is greater than real body of bullish candle (selling pressure +1) and the bullish real body (buying pressure +1) as result 2:1 for selling pressure
-
bearish candle: if lower shadow is greater than upper shadow (buying pressure +1), if lower shadow is greater than real body of bearish candle (buying pressure +1) and the bearish real body (selling pressure +1) as result 2:1 for buying pressure
-
this calculation can be done by every kind of candlestick only by comparing the ratio between real body and wicks, wicks and wicks and the position of the closing price in relation to the candle
-
selling pressure and buying pressure do have only a small impact of the trading setup, because the most of the pressure is coming from the trend and only a small part is determined by the candlestick itself
-
specific candlestick pattern like hammer, inverted hammer, doji etc. has their own pressure reading because those one are well recognized and traded by traders
varichhy@hotm ail.com30Jan 2019
Price Action: How to read examples of market pressures, types of market pressures - BO Turbo Trader watch the corresponding video here Major Trend and Minor Trend in your favor
- TRAFFIC
Strong Support & Resistance Level ( Major Key Level)
EMA, Fibonacci, BB Trendline, S&R -> Resistance
- REDIRECTIONS
EMA, Fibonacci, BB Trendline, S&R -> Resistance
selling pressure
> <
buying pressure
distance EMA, Fibonacci, BB Trendline, S&R -> Resistance
varichhy@hotm ail.com30Jan 2019
Price Action: How to read examples of market pressures, types of market pressures - BO Turbo Trader -
the most important forces for market pressure are the major trend and the minor trend and support and resistance (major key level) which can hold a trend (retracement) or even reverse price
-
a strong trend is more powerful than any candlestick pattern, chart pattern or even support and resistance, which makes pressure reading easy - in direction of the prevailing trend.
-
a strong confirmed and validated support and resistance area is more powerful than any candlestick pattern, chart pattern or even a trend, which makes pressure reading easy - against the prevailing trend.
-
in all other cases the relation between shadow/tail/wick and real body, the upper shadow/tail/wick/ in relation to lower shadow/tail/wick and the position of the closing price in relation to the whole candlestick pattern can give a hint if price will continue the trend, or even doing a pause in form of a retracement or even change the direction of the trend in form of a reversal
-
special task of market pressure reading are false breakouts, fakeys or fake breakout, because those kind of breakouts are able to initiate a reversal without giving a hint based on candlestick shadow/tail/wick ratio to real body, and only be able to spot by the context
-
special task of market pressure reading are also specific candlestick pattern like hammer, inverted hammer, gravestone doji, dragonfly doji etc. those well known and easy to spot candlestick pattern have their o wn dynamic and can not be revealed only based on the candlestick shadow/tail/wick to real body or wick/tail/shadow ratio
varichhy@hotm ail.com30Jan 2019
Price Action: How to read advanced candlestick charting techniques, retracement / reversal- BO Turbo Trader watch the corresponding video here
25% Major Trend and Minor Trend in your favor
10% real body
25% Strong Support & Resistance Level ( Major Key Level)
10% Ratio between shadow/wick/tail in relation to real body 10% Ratio between upper shadow/wick/tail and lower wick/shadow/tail
Reversal
1 min Time Frame xxx
EMA, Fibonacci, BB Trendline, S&R -> Resistance
Retracement
xxx
EMA, Fibonacci, BB Trendline, S&R -> Resistance
15 sec Time Frame
varichhy@hotm ail.com30Jan 2019
Price Action: How to read advanced candlestick charting techniques, retracement / reversal- BO Turbo Trader -
the most important forces for market pressure are the major trend and the minor trend and support and resistance (major key level) which can hold a trend (retracement) or even reverse price
-
a strong trend is more powerful than any candlestick pattern, chart pattern or even support and resistance, which makes pressure reading easy - in direction of the prevailing trend.
-
a strong confirmed and validated support and resistance area is more powerful than any candlestick pattern, chart pattern or even a trend, which makes pressure reading easy - against the prevailing trend.
-
in all other cases the relation between shadow/tail/wick and real body, the upper shadow/tail/wick/ in relation to lower shadow/tail/wick and the position of the closing price in relation to the whole candlestick pattern can give a hint if price will continue the trend, or even doing a pause in form of a retracement or even change the direction of the trend in form of a reversal
-
market pressure forms candlestick pattern and chart pattern with similar appearance but with other background story, so that an inverted bullish hammer in different context has different outcome, due to the major key level and due to the trend strength
-
such difference can be made visible by observing the lower time frame were the single moves of the creation of a candlestick pattern for the same candles can be completely different which implicates a diffe rent outcome or predicting move
varichhy@hotm ail.com30Jan 2019
Price Action: How to read overbought and oversold w/ without indicators rsi, cci, stochastic - BO Turbo Trader watch the corresponding video here EMA, Fibonacci, BB Trendline, S&R -> Resistance
overbought area 20%
100% trading range
20 EMA
EMA, Fibonacci, BB Trendline, S&R -> Support
oversold area 20% RSI
70%
30%
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to read overbought and oversold w/ without indicators rsi, cci, stochastic - BO Turbo Trader -
Overbought: Overbought means an extended price move to the upside, when price reaches these extreme levels price mostly tends to reverse. But it can stay as long as it want in this overbought area, mostly in strong uptrends. Momentum Indicator & Oscillator (RSI, Stochastic, CCI, etc.) measure the speed and change of price movements and display a numeric value for the overbought, mostly above 70 or 80 is considered as overbought. Price is overbought when price is moving outside Bollinger Band or far away from EMA. In ranging market overbought area is close nearly 20% of the trading range to resistance level, in trending market overbought area can extend above resistance level (ascending trendline).
-
Oversold: Oversold means an extended price move to the downside, when price reaches these extreme levels price mostly tends to reverse. But it can stay as long as it want in this oversold area, mostly in strong downtrends. Momentum Indicator & Oscillator (RSI, Stochastic, CCI, etc.) measure the speed and change of price movements and display a numeric value for the oversold, mostly above 30 or 20 is considered as oversold. Price is oversold when price is moving outside Bollinger Band or far away from EMA. In ranging market oversold area is close nearly 20% of the trading range to support level, in trending market oversold area can extend below support level (descending trendline).
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade different market conditions and market conditions examples - BO Turbo Trader watch the corresponding video here
EMA, Fibonacci, BB Trendline, S&R -> Resistance
100% trading range CALL Option after CONTINUATION PATTERN
100% trading range
FLAT EMA’S FLAT BB
PUT Option on RESISTANCE in DOWNTREND
CALL Option on SUPPORT in UPTREND
PUT Option after CONTINUATION PATTERN
STEEP EMA’S STEEP BB
STEEP EMA’S STEEP BB
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade different market conditions and market conditions examples - BO Turbo Trader -
-
-
Uptrend: -
Call Option on Support in Uptrend Call Option after Continuation Pattern Steep EMAs, Steep BB BB: price between upper 1 dev BB and upper 2 dev BB EMA: price above all EMAs in order lowest 200 EMA and highest 20 EMA
-
Call Option above all crossing or flat EMAs Call Option at lower 2 deviation Bollinger Band Flat EMAs, Flat BB BB: price ranging in between lower 1 dev BB and 2 dev BB EMA: price ranging around crossing EMAs
Ranging:
Downtrend: -
Put Option on Resistance in Downtrend Put Option after Continuation Pattern Steep EMAs, Steep BB BB: price between lower 1 dev BB and lower 2 dev BB EMA: price below all EMAs in order highest 200 EMA and lowest 20 EMA
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade based on the cycle of market emotions, psychology, dynamics - BO Turbo Trader watch the corresponding video here EMA, Fibonacci, BB Trendline, S&R -> Resistance
Euphoria
Anxiety
Thrill Denial Excitement
Optimism
EMA, Fibonacci, BB Trendline, S&R -> Support
Fear Desperation Panic Capitulation Despondency
Optimism Relief Hope Depression
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade binary options trading setups without rejection as confirmation - BO Turbo Trader watch the corresponding video here
EMA, Fibonacci, BB Trendline, S&R -> Resistance
1
2
3
4
EMA, Fibonacci, BB Trendline, S&R -> Support
5
6
7
8
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade binary options trading setups without rejection as confirmation - BO Turbo Trader
1. - Trend continuation pattern: Strong Downtrend, Put Option above previous candle closing price
2. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
3. - Trend continuation pattern: Strong Downtrend, Put Option above previous candle closing price
4. - Trend continuation pattern: Strong Downtrend, Put Option above previous candle closing price
5. - Trend continuation pattern: Strong Uptrend, Call Option below previous candle closing price
6. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
7. - Trend continuation pattern: Strong Uptrend, Call Option below previous candle closing price
8. - Trend continuation pattern: Strong Uptrend, Call Option below previous candle closing price
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade BO trading setups without rejection as confirmation Part 2- BO Turbo Trader watch the corresponding video here EMA, Fibonacci, BB Trendline, S&R -> Resistance
EMA, Fibonacci, BB Trendline, S&R -> Resistance
2
1
EMA, Fibonacci, BB Trendline, S&R -> Support
5
6
EMA, Fibonacci, BB Trendline, S&R -> Support
3
4
7
8
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade BO trading setups without rejection as confirmation Part 2- BO Turbo Trader
1. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
2. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
3. - Trend continuation pattern: Strong Downtrend, Put Option above previous candle closing price
4. - Trend continuation pattern: Strong Downtrend, Put Option above previous candle closing price
5. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
6. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
7. - Trend continuation pattern: Strong Uptrend, Call Option below previous candle closing price
8. - Trend continuation pattern: Strong Uptrend, Call Option below previous candle closing price
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade BO trading setups without rejection as confirmation Part 3 - BO Turbo Trader EMA, Fibonacci, BB Trendline, S&R -> Resistance
2
1
5
EMA, Fibonacci, BB Trendline, S&R -> Resistance
6
EMA, Fibonacci, BB Trendline, S&R -> Support
3
7
watch the corresponding video here
4
EMA, Fibonacci, BB
8
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade BO trading setups without rejection as confirmation Part 3 - BO Turbo Trader
1. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
2. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
3. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
4. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
5. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
6. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
7. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
8. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade BO trading setups without rejection as confirmation Part 4 - BO Turbo Trader watch the corresponding video here
EMA, Fibonacci, BB Trendline, S&R -> Resistance
2
1
5
6
EMA, Fibonacci, BB
3
7
4
8
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade BO trading setups without rejection as confirmation Part 4 - BO Turbo Trader
1. - Trend continuation pattern: Strong Downtrend, Put Option above previous candle closing price
2. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
3. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
4. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
5. - Trend continuation pattern: Strong Uptrend, Call Option below previous candle closing price
6. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
7. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
8. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade BO trading setups without rejection as confirmation Part 5 - BO Turbo Trader watch the corresponding video here EMA, Fibonacci, BB Trendline, S&R -> Resistance
EMA, Fibonacci, BB Trendline, S&R -> Resistance
2
1
5
6
3
EMA, Fibonacci, BB Trendline, S&R -> Support
4
7
EMA, Fibonacci, BB Trendline, S&R
8
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade BO trading setups without rejection as confirmation Part 5 - BO Turbo Trader
1. - Trend continuation pattern: Strong Downtrend, Put Option above previous candle closing price
2. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
3. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
4. - Reversal pattern: Healthy Uptrend, Put Option above previous candle closing price
5. - Trend continuation pattern: Strong Uptrend, Call Option below previous candle closing price
6. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
7. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
8. - Reversal pattern: Healthy Downtrend, Call Option below previous candle closing price
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade multiple time frame trading concept, system, methodology, strategy - BO Turbo Trader
:14 :29 :44 :59
watch the corresponding video here
:04 :09 :14 :19 … :49 :54 :59
Bullish Continuation Pattern
15 min
5 min
1 min
Bearish Continuation Pattern
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade multiple time frame trading concept, system, methodology, strategy - BO Turbo Trader -
higher time frame control lower time frame higher time frame to determine the overall trend direction of the lower time frame
-
15 min candle movements will happen mostly close to the 14 minute, 29 minute, 44 minute, 59 minute 5 min candle movements will happen mostly close to the 04 minute, 09 minute … 54 minute and 59 minute
-
a strong running bullish candle on 15 min time frame shows an uptrend, on 5 min time frame that can be 2 bullish candles with 1 bearish retracement candle in between, major trend up, CALL Option in minor uptrend on lower time frame, bullish continuation pattern
-
a strong running bearish candle on 15 min time frame shows a downtrend, on 5 min time frame that can be 2 bearish candles with a bullish retracement candle in between, major trend is down, PUT Option in minor downtrend on lower time frame, bearish continuation pattern
varichhy@hotm ail.com30Jan 2019
Price Action: How to read candlestick momentum and candlestick momentum trading - BO Turbo Trader watch the corresponding video here
a
c
d
inside bars
outside bars / engulfing
b HH
HH LH
LH
Higher High Higher High
HH
LH
High Higher Low
Higher Low
HL
HL
HL
LL
Higher Low LL
LL Low
1 min H + HH
L + LL HH
inside bars ignored
outside bars UP HH ignored
High Lower High
HH
Lower High
H
Low
L
LL
LL
outside bars DOWN LL ignored
Lower Low Lower Low
varichhy@hotm ail.com30Jan 2019
Price Action: How to read candlestick momentum and candlestick momentum trading - BO Turbo Trader
a.
price creates higher highs and higher lows -> high and higher high will be connected for candlestick momentum
b.
price creates lower high and lower lows -> low and lower low will be connected for candlestick momentum
c.
price creates lower high and higher low -> inside bars will be ignored for candlestick momentum
d. price creates higher high and lower low -> previous high will connect lower low for candlestick momentum price creates higher high and lower low -> previous low will connect higher high for candlestick momentum
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to read the direction of candlestick momentum trading and price - BO Turbo Trader watch the corresponding video here ranging market consolidation - flat market
healthy market (uptrend)
healthy market (downtrend)
HH
HH
LH
HL
+
All movements or swings are equal or almost equal
+
No price pattern will be formed
LL
+ +
larger (impulse wave,move,swing) -> UP smaller (corrective wave, move, swing) -> DOWN
+ +
larger (impulse wave,move,swing) -> DOWN smaller (corrective wave, move, swing) -> UP
+
candlesticks are forming HH and HL
+
candlesticks are forming LL and LH
varichhy@hotm ail.com30Jan 2019
Price Action: How to read the direction of candlestick momentum trading and price - BO Turbo Trader healthy market (uptrend) + + +
larger impulse waves, impulse moves, impulse swings - UP MOVEMENT smaller corrective waves, corrective moves, corrective swings - DOWN MOVEMENT in uptrend candlesticks form higher high (HH) and higher low (HL)
ranging market (consolidation - flat market) + +
all movements, swings, waves, moves are equal or almost equal no price pattern will be formed
healthy market (downtrend) + + +
larger impulse waves, impulse moves, impulse swings - DOWN MOVEMENT smaller corrective waves, corrective moves, corrective swings - UP MOVEMENT in downtrend candlesticks form lower low (LL) and lower high (LH)
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade momentum trading based on inside / outside swing trading - BO Turbo Trader watch the corresponding video here continuation swings inside swings
reversal swings outside swings HH
HH
HL
HL
LH LH
LL LL
ranging swings
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade at support and resistance, minor and major SnR and SnR Zones - BO Turbo Trader watch the corresponding video here minor SnR (Resistance Level) HH HH
minor SnR (Resistance Level)
major SnR (Support Level)
H HL
minor SnR (Resistance Level) HL HL
minor SnR (Resistance Level) major SnR (Support Level)
1 min H LH
minor SnR (Support Level)
major SnR (Support Level)
LH
L
LL
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade at support and resistance, minor and major SnR and SnR Zones - BO Turbo Trader -
Minor Support and Resistance (SnR) after first touch and reversal SnR (Support and Resistance, EMA, Bollinger Band, Fibonacci Level, Trendline) not confirmed on change of polarity and support becomes resistance and vice versa Minor Support and Resistance (SnR) becomes major support and resistance (major key level) and on support level CALL Option and on resistance level PUT Option
-
Major Support and Resistance (SnR) after change of polarity and support becomes resistance and vice versa, minor SnR becomes major SnR and can be used as major key level. Major key level or major SnR are zones, areas and not exact levels, so price can do fake breakout, or reverse above or below major SnR or even break major SnR depending on trend strength and quantity of touches of that major SnR.
-
Trading rules in major uptrend Call Option on major support level in direction of the major trend In major downtrend Put Option on major resistance level in direction of the major trend
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade false breakouts, breakout strategy, how to find false breakouts - false breakouts forex watch the corresponding video here
HH HH
H HL
major SnR (Support Level) HL HL
major SnR (Resistance Level)
1 min H LH LH
L
LL
varichhy@hotm ail.com30Jan 2019
Price Action: How to draw support and resistance lines video about snr levels, snr zones - BO Turbo Trader
Change of Polarity
watch the corresponding video here
Support <-> Resistance
HH HH
H HL
Resistance
SnR Zone
Support
Support H
Resistance
L
LL
varichhy@hotm ail.com30Jan 2019
Price Action: How to draw support and resistance lines based on candlestick pattern Part 1 - BO Turbo Trader watch the corresponding video here
Shooting Star
Resistance
Dark Cloud Cover Resistance
Hammer
Support
Piercing Pattern
Support
Bearish Engulfing Resistance
Bullish Engulfing
Support
varichhy@hotm ail.com30Jan 2019
Price Action: How to draw support and resistance lines based on candlestick pattern Part 1 - BO Turbo Trader -
Shooting Star
upper shadow/wick/tail of shooting star, inverted hammer, gravestone doji and bearish pin bar acts as resistance -
Dark Cloud Cover
upper shadow/wick/tail of both candles of dark cloud cover act as resistance -
Bearish Engulfing Pattern
upper shadow/wick/tail of both candles of bearish engulfing candle act as resistance -
Hammer
lower shadow/wick/tail of hammer, dragonfly doji and bullish pin bar acts as support -
Piercing Pattern
lower shadow/wick/tail of both candles of piercing pattern act as support -
Bullish Engulfing Pattern
lower shadow/wick/tail of both candles of bullish engulfing candle act as support
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to draw support and resistance lines based on candlestick pattern Part 2 - BO Turbo Trader watch the corresponding video here
Counter Attack Resistance
Meeting Line Pattern
Support
Bearish Sash Pattern Resistance
Bullish Sash Pattern
Support
Bearish Harami Resistance
Bullish Harami
Support
varichhy@hotm ail.com30Jan 2019
Price Action: How to draw support and resistance lines based on candlestick pattern Part 2 - BO Turbo Trader -
Counter Attack
upper shadow/wick/tail of counter attack pattern acts as resistance -
Bearish Sash Pattern
upper shadow/wick/tail of both candles of bearish sash pattern act as resistance -
Bearish Harami
upper shadow/wick/tail of all candles of bearish harami and bearish harami cross act as resistance -
Meeting Line Pattern
lower shadow/wick/tail of meeting line pattern acts as support -
Bullish Sash Pattern
lower shadow/wick/tail of both candles of bullish sash pattern act as support -
Bullish Harami
lower shadow/wick/tail of all candles of bullish harami and bullish harami cross act as support
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade elliott wave theory, elliott wave analysis and elliott wave principle - BO Turbo Trader watch the corresponding video here Wave 1,3,5 = Impulse Waves Wave 2,4 = Corrective Waves P1
Wave 2 goes never beyond the start of wave 1 Wave 3 is never the shortest Wave 4 never moves into territory of wave 1
Higher High
P5 P3
W5
a
b
P1
High
c
W4 W3
Higher High
Higher High
Higher Low
P2 Higher Low
P4 Territory of Wave 1
Higher Low
W2
W1
P2
Low
10 min
Start of Wave 1 Impulse Cycle - Motives Waves
Corrective Cycle - Corrective Waves
1 min High
Start of Wave 1
Lower High Lower High
P2
W1
W2
Territory of Wave 1
Lower High
P1
Corrective Wave Patterns
W3
P4 W4
Zig Zag - Wave 2 - 5 3 5 Flat - Wave 4 - 3 3 5 Triangles - Wave 4 - 3 3 3 3 3
Low
W5
P2 a
P3
c b Lower Low
P5
Lower Low
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade with bullish candlestick chart psychology, candlestick psychology - BO Turbo Trader watch the corresponding video here
Bullish Candlestick Real Body / Shadow Pressure reading less bullish / bearish
more bullish
7. 1.
2.
3.
4.
5.
10.
6. 8.
strong bullish candles
bullish candles
neutral
9.
less bullish candles
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade with bearish candlestick chart psychology, candlestick psychology - BO Turbo Trader watch the corresponding video here
Bearish Candlestick Real Body / Shadow Pressure reading less bearish / bullish
more bearish
1.
2.
3.
4.
5.
6.
7.
10. 8.
strong bearish candles
bearish candles
neutral
9.
less bearish candles
varichhy@hotm ail.com30Jan 2019
Price Action: How to read candlestick charts, candlestick analysis, price action trading - BO Turbo Trader watch the corresponding video here
1.
Timeframe Analysis
Trend Analysis
2.
3. Market Condition Analysis
H H
15 min 5 min
H H
1 min
L H H L
Page 83
4. SnR Analysis
Page 87
L L
Page 85
5.
Chart Pattern Analysis
Page 36
Page 100
6. Candlestick Pattern Analysis
Page 94
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade at support and resistance, minor and major SnR and SnR Zones - BO Turbo Trader -
Timeframe Analysis Analysis of higher time frame based on switching time frame or simple by doing candlestick math gives an overview about the prevailing trend
-
Trend Analysis Analysis of the trend, in what kind of cycle of trend do the price move, previous trend, uptrend, ranging market or downtrend
-
Market Condition Analysis Based on Bollinger Band and EMA and price action understanding market condition, candlestick pattern and price action behaves in different market condition differently, depending on market condition adapting applicable trading setups, trend continuation, reversal trading setups, pullback trades etc.
-
SnR Analysis Spotting SnR (Trendlines, BB, EMA, Support and Resistance, Fibonacci Level) to understand possible reversal points of price and necessarily applicate right trading setups at key levels or in between key levels
-
Chart Pattern Analysis Spotting chart pattern, in general continuation or reversal chart pattern, which enforce existing trend or which indicate new upcoming trends can lead to trading opportunities
-
Candlestick Pattern Analysis Spotting candlestick pattern which confirm previous analysis increase odds of success dramatically and can increase win rate drastically
varichhy@hotm ail.com30Jan 2019
Price Action: How to predict next candle direction, how to know next candlestick prediction - BO Turbo Trader watch the corresponding video here
Bearish Pin Bar
Bearish Engulfing
Bullish Pin Bar
Bullish Engulfing
Evening Doji Star
Morning Doji Star
varichhy@hotm ail.com30Jan 2019
Price Action: How to predict next candle direction, how to know next candlestick prediction - BO Turbo Trader -
Bearish Pin Bar
in healthy uptrend after bearish pin bar weak candle with rejection from 50% with greater upper shadow next candle continuation of the new upcoming downtrend -
Bearish Engulfing
in healthy uptrend after bearish engulfing candle weak candle with rejection from opening price of forelast candle with greater upper shadow next candle continuation of the new upcoming downtrend -
Evening Doji Star
in healthy uptrend after evening star, evening doji star or any other reversal pattern weak candle with rejection from opening price of 3rd last candle or lower shadow or forelast candle next candle continuation of the new upcoming downtrend -
Bullish Pin Bar
in healthy downtrend after bullish pin bar weak candle with rejection from 50% with greater lower shadow next candle continuation of the new upcoming uptrend -
Bullish Engulfing
in healthy downtrend after bullish engulfing candle weak candle with rejection from opening price of forelast candle with greater lower shadow next candle continuation of the new upcoming uptrend -
Morning Doji Star
in healthy downtrend after morning star, morning doji star or any other reversal pattern weak candle with rejection from opening price of 3rd last candle or upper shadow or forelast candle next candle continuation of the new upcoming
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to read candles, how to analyse candlestick chart, running candlesticks - BO Turbo Trader watch the corresponding video here
inverted bullish hammer
bearish hammer
bullish hammer
inverted bearish hammer
bullish marubozu
bearish marubozu
varichhy@hotm ail.com30Jan 2019
Price Action: How to predict next candle direction, how to know next candlestick prediction - BO Turbo Trader -
Inv Inverte erted d Bulli ullis sh Hamme ammer r
in healthy uptrend after inverted bullish hammer weak candle bearish or bullish next candle reversal -
Bullish Hammer
in healthy uptrend after bullish hammer weak candle bearish or bullish next candle reversal -
Bullish Marubozu
in healthy uptrend after bullish marubozu weak candle bearish or bullish next candle reversal -
Bearish Ha Hammer
in healthy downtrend after bearish hammer weak candle bearish or bullish next candle reversal -
Inv Inverte erted d Beari earish sh Hamm Hammer er
in healthy downtrend after inverted bearish hammer weak candle bearish or bullish next candle reversal -
Bearish Marubozu
in healthy downtrend after bearish marubozu weak candle bearish or bullish next candle reversal
varichhy@hotm ail.com30Jan 2019
Price Action: How to identify entry points, how to find entry points, when to enter into a trade - BO Turbo Trader watch the corresponding video here
candlestick
chart patterns
consolidation consolidation area
support & resistance
varichhy@hotm ail.com30Jan 2019
Price Action: How to identify entry points, how to find entry points, when to enter into a trade - BO Turbo Trader -
Candlestick
-
-
Chart Pa Patterns
-
-
beari earis sh chart hart patte attern rns s entrypoint entrypoint above closing closing price price of of previous previous candle candle and/or and/or below below neckline neckline of of chart chart pattern pattern bull ullish ish char chartt patt patter erns ns entrypoint entrypoint below closing closing price price of of previous previous candle candle and/or and/or above above neckli neckline ne of chart pattern pattern
Consolidation Area
-
-
bearish candlestick entrypoint entrypoint above closing closing price price of previous previous candle candle and/or and/or below opening opening price price of forela forelast st candle candle bullish candlestick entrypoint entrypoint below closing closing price price of previo previous us candle candle and/or and/or above above opening opening price of forelast forelast candle candle
put call -
entryp entrypoin ointt above above consol consolida idatio tion n area area and/or and/or belo below w resis resistan tance ce entryp entrypoin ointt below below consol consolida idatio tion n area area and/ and/or or abov above e suppo support rt
Suppor Supportt and and Resis Resistan tance ce (EMA (EMA,, SnR, SnR, Trendl Trendline ine,, Fibon Fibonacc acci, i, etc. etc.))
-
put call -
entr entryp ypoi oint nt abov above e resi resist stan ance ce ent entrypo rypoiint belo below w sup suppo port rt
varichhy@hotm ail.com30Jan 2019
Price Action: How to predict running candles, predicting the direction of running candlestick - BO Turbo Trader watch the corresponding video here
candlestick
chart patterns
consolidation consolidation area
purchase expiration
purchase expiration
❌
❌
✅
✅
purchase expiration
purchase expiration
✅ ❌
✅ ❌
purchase expiration
support & resistance
purchase expiration
✅
✅
❌
❌
purchase expiration ✅ ❌
purchase expiration ✅ ❌
varichhy@hotm ail.com30Jan 2019
Price Action: How to predict running candles, predicting the direction of running candlestick - BO Turbo Trader -
Candlestick
-
-
Chart Patterns
-
-
bearish chart patterns purchase time upwards movement and in expiration time downward movement bullish chart patterns purchase time downwards movement and in expiration time upward movement
Consolidation Area
-
-
bearish candlestick purchase time upwards movement and in expiration time downward movement bullish candlestick purchase time downwards movement and in expiration time upward movement
put call -
purchase time upwards movement and in expiration time downward movement purchase time downwards movement and in expiration time upward movement
Support and Resistance (EMA, SnR, Trendline, Fibonacci, etc.)
-
put call -
purchase time upwards movement and in expiration time downward movement purchase time downwards movement and in expiration time upward movement
varichhy@hotm ail.com30Jan 2019
Price Action: Which market conditions to avoid using candlestick analysis on binary options - BO Turbo Trader watch the corresponding video here
GENERAL CONDITIONS
SPECIFIC CONDITIONS
Forex Market hours http://www.forexmarkethours.com/markethours.php avoid first hour of opening and closing of any market - (London, New York, Sydney, Tokyo)
❌
News https://www.investing.com/economic-calendar/ https://www.fxstreet.com/economic-calendar check for MEDIUM and HIGH Impact NEWS - avoid those for at least 1 hour check for SPEECH or SPEAK - avoid those for at least 1 hour - 2 hours
✅
avoid centipede wicks avoid DNA crossing of EMA’s avoid flat EMA’s avoid trending EMA’s with greater flat EMA’s avoid consolidation areas avoid narrow bollinger bands avoid narrow EMA’s avoid ultra tiny candles on 5 sec chart seek for direction in the market seek direction using trendlines seek direction using chart patterns seek direction using ema alignment great distance between EMA’s great distance between Bollinger Bands
varichhy@hotm ail.com30Jan 2019
Price Action: How to spot best time to trade binary options, best day of the week to trade - BO Turbo Trader watch the corresponding video here
best day of the day
best time of the day
✅
✅
❌
❌
varichhy@hotm ail.com30Jan 2019
Price Action: How to read bollinger bands, bollinger bands explained, rules 4 bollinger bands - BO Turbo Trader watch the corresponding video here
constriction
bollinger squeeze consolidation area
breakout - expansion
trend
high price
low price
SURFIN’ TREND
ranging
SnR
high volatility resistance
FAKE BREAKOUT TRADES
support support
low volatility
PULLBACK TRADES
overbought
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: How to read exponential moving average, EMA explained, rules 4 EMA SMA ... - BO Turbo Trader watch the corresponding video here
expanding [trending]
constriction [consolidation area]
flatness [ranging]
STRONG TREND
200 EMA
PULLBACK REVERSAL 20 EMA
100 EMA
20 SMA - Middle BB
SURFIN’ TREND PULLBACK TRADES
PULLBACK TRADES
200 EMA 20 EMA
FAKE BREAKOUT TRADES PULLBACK TRADES
100 EMA
FAKE BREAKOUT TRADES SURFIN’ TREND crossing [ranging]
steepness [trending]
SnR [trending] [steepness]
100 EMA
200 EMA
PULLBACK REVERSAL
200 EMA 100 EMA
20 EMA
STRONG TREND
PULLBACK TRADES SURFIN’ TREND
FAKE BREAKOUT TRADES
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade fibonacci retracement on fibonacci projection, fibonacci chart - BO Turbo Trader watch the corresponding video here
Fibonacci Retracements B
0%
A 100% 76.4%
38.2%
61.8%
50% 50% 61.8%
38.2%
76.4% 100% A
0% B
varichhy@hotm ail.com30Jan 2019
Price Action: How to trade fibonacci extensions on fibonacci projection, fibonacci chart - BO Turbo Trader
Fibonacci Extensions - Fibonacci Projection 261.8% B
0%
161.8% 100%
A 100%
A 161.8%
261.8%
0%
B
watch the corresponding video here
varichhy@hotm ail.com30Jan 2019
Important: The benefits of joining BOTT Mentorship, BOTT Mentorship benefits, Mentorship training, programs watch the corresponding video here
BOTT BOTT Mentorship PRO Plan is the best option for anyone serious about becoming a successful and consistently profitable full-time or part-time trader.
Application Process
Student of the BOTT Mentorship Program all financial instruments, all trading styles (indicator / naked chart)
successful & consistently trader
Signal Provider
Account Manager
Own Mentor
BOTT Mentor
PRO STATUS
varichhy@hotm ail.com30Jan 2019
Important: BOTT Mentorship Program - application process, what you need to know about the application watch the corresponding video here
BOTT BOTT Mentorship PRO Plan is the best option for anyone serious about becoming a successful and consistently profitable full-time or part-time trader.
Application Process
Student of the BOTT Mentorship Program all financial instruments, all trading styles (indicator / naked chart)
1
2
3
4
5
6
7
8
BOTT Mentorship Program
varichhy@hotm ail.com30Jan 2019
Important: BOTT Mentorship Program - mentorship program, what you need to know about the program watch the corresponding video here
BOTT BOTT Mentorship PRO Plan is the best option for anyone serious about becoming a successful and consistently profitable full-time or part-time trader.
Application Process
Student of the BOTT Mentorship Program all financial instruments, all trading styles (indicator / naked chart)
BOTT
1
week 1
SUCCESSFUL TRADER
2
week 2
week 3
STUDY + PRACTICING week 4
varichhy@hotm ail.com30Jan 2019
BO Turbo Trader Price Action Guide for Binary Options Turbo Trading HIGH PROBABILITY TRADING SETUPS
CONTACTS
[email protected]
Facebook
boturbotrader (blogspot)
@boturbotrader
Facebook Group
boturbotrader (tumblr)
boturbotrader(youtube)
DISCLAIMER This ebook is not an investment advice. Your invested capital may be at risk and don’t trade with money you can’t afford to lose.
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS1 (EMA) Binary Option sure win strategy - BO Turbo Trader
(high probability trading setups)
PUT OPTION
watch the corresponding video here
BOTT Sure Shot 1 (EMA)
CALL OPTION Price
200 EMA 100 EMA 50 EMA 20 EMA Price NO Price Action on the left
Rejection
20 EMA
FLAT EMA’s 200 100 50 20 major trend = ranging
50 EMA 100 EMA
minor trend = trending
200 EMA
distance
200 EMA
50 EMA
healthy trend - not strong trend distance
above the half of the previous candle Minor Trend Minor Trend
entry candle
100 EMA
100 EMA entry candle
healthy trend - not strong trend
distance
below the half of the previous candle
50 EMA
200 EMA NO Price Action on the left
distance
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS1 (EMA) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 1 (EMA) NO Price Action on the left
Rejection
CRITERIAS distance
200 EMA above the half of the previous candle
entry candle
Minor Trend
100 EMA
-
price at major key level market in healthy uptrend major trend - ranging minor trend - uptrend no price action on the left big distance between EMAs weak break of EMA fake breakout of EMA
BOTT SS1 PSYCHOLOGY healthy trend - not strong trend
distance
50 EMA
Enter only into a PUT trade when price moves in purchase time above the closing price of previous candle and on rejection from above below EMA in lower direction. Do not enter into a PUT trade if price is breaking through EMA without any kind of sign or rejection.
-
price is pushed up till EMA rejection from EMA (sellers stepping in) buyers try to push price up fail sellers step in and take control
SUPPORT AND RESISTANCE
-
EMA acts as resistance
ENTRY POINT
-
On next candle above EMA or above half of the previous candle real body
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS1 (EMA) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 1 (EMA) 50 EMA
CRITERIAS
healthy trend - not strong trend distance
Minor Trend
100 EMA entry candle
below the half of the previous candle
-
price at major key level market in healthy downtrend major trend - ranging minor trend - downtrend no price action on the left big distance between EMAs weak break of EMA fake breakout of EMA
BOTT SS1 PSYCHOLOGY
200 EMA NO Price Action on the left
distance
Enter only into a CALL trade when price moves in purchase time below the closing price of previous candle and on rejection from below above EMA in upper direction. Do not enter into a CALL trade if price is breaking through EMA without any kind of sign or rejection.
-
price is pushed down till EMA rejection from EMA (buyers stepping in) sellers try to push price down fail buyers step in and take control
SUPPORT AND RESISTANCE
-
EMA acts as support
ENTRY POINT
-
On next candle below EMA or below half of the previous candle real body
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS2 (EMA) Binary Option sure win strategy - BO Turbo Trader
(high probability trading setups) PUT OPTION
BOTT Sure Shot 2 (EMA)
watch the corresponding video here
CALL OPTION Price 20 EMA
200 EMA 100 EMA 50 EMA
TRENDING EMA’s 200 100 50 20
50 EMA 100 EMA
major trend = trending
20 EMA Price
minor trend = trending opposite
200 EMA
entry candle healthy trend - not strong trend
200 EMA
NO Price Action on the left
100 EMA
distance
Minor Trend NO Price Action on the left
20 EMA
above the half of the previous candle
above the half of the previous candle
50 EMA
50 EMA
distance
distance
100 EMA 20 EMA
Minor Trend distance entry candle
200 EMA
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS2 (EMA) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 2 (EMA)
CRITERIAS
200 EMA 100 EMA above the half of the previous 50 EMA candle
NO Price Action on the left
distanc e
20 EMA
Minor Trend entry candle
distanc e
healthy trend - not strong trend
Enter only into a PUT trade when price moves in purchase time above the closing price of previous candle and on rejection from above below EMA in lower direction. Do not enter into a PUT trade if price is breaking through EMA without any kind of sign or rejection.
-
price below major key level market in healthy downtrend major trend - downtrend minor trend - downtrend after pullback no price action on the left big distance between EMAs fake breakout of EMA in form of reversal candle pullback on EMA
BOTT SS2 PSYCHOLOGY
-
price is pushed up till EMA rejection from EMA in form of reversal candle (sellers stepping in) pullback sellers pushing price further down (sellers in control)
SUPPORT AND RESISTANCE
-
EMA acts as resistance
ENTRY POINT
-
On next candle above previous reversal candle closing price and/or above EMA
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS2 (EMA) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 2 (EMA)
CRITERIAS
entry candle healthy trend - not strong trend
distance
Minor Trend NO Price Action on the left
20 EMA
above the half of the previous candle
50 EMA distance
100 EMA 200 EMA
Enter only into a CALL trade when price moves in purchase time below the closing price of previous candle and on rejection from below above EMA in upper direction. Do not enter into a CALL trade if price is breaking through EMA without any kind of sign or rejection.
-
price above major key level market in healthy downtrend major trend - uptrend minor trend - uptrend after pullback no price action on the left big distance between EMAs fake breakout of EMA in form of reversal candle pullback on EMA
BOTT SS2 PSYCHOLOGY
-
price is pushed down till EMA rejection from EMA in form of reversal candle (buyers stepping in) pullback buyers pushing price further up (buyers in control)
SUPPORT AND RESISTANCE
-
EMA acts as support
ENTRY POINT
-
On next candle below previous reversal candle closing price and/or below EMA
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS3 (EMA) Binary Option sure win strategy - BO Turbo Trader
(high probability trading setups) PUT OPTION
BOTT Sure Shot 3 (EMA) 200 EMA 100 EMA 50 EMA 20 EMA Price
watch the corresponding video here
CALL OPTION Price 20 EMA
TRENDING EMA’s 200 100 50 20 major trend = strong trending
50 EMA 100 EMA
minor trend = trending opposite
200 EMA
healthy trend - not strong trend entry candle distance
200 EMA Minor Trend
NO Price Action on the left
100 EMA above the EMA you gonna trade
NO Price Action on the left
20 EMA above the EMA you gonna trade
50 EMA distance
distance
20 EMA
Minor Trend entry candle
50 EMA 100 EMA
distance
200 EMA
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS3 (EMA) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 3 (EMA)
CRITERIAS
200 EMA
NO Price Action on the left
100 EMA above the EMA you gonna trade distance
Minor Trend entry candle
distance
50 EMA 20 EMA
healthy trend - not strong trend
Enter only into a PUT trade when price moves in purchase time above EMA and on rejection from above below EMA in lower direction.
Do not enter into a PUT trade if price is breaking through EMA without any kind of sign or rejection.
-
price below major key level market in strong downtrend major trend - strong downtrend minor trend - uptrend no price action on the left big distance between EMAs fake breakout of EMA in form of reversal candle
BOTT SS3 PSYCHOLOGY
-
price is pushed up till EMA rejection from EMA in form of reversal candle (sellers stepping in) sellers pushing price further down below EMA (sellers in control)
SUPPORT AND RESISTANCE
-
EMA acts as resistance
ENTRY POINT
-
On next candle above EMA
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS3 (EMA) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 3 (EMA)
CRITERIAS
healthy trend - not strong trend entry candle
distance
Minor Trend NO Price Action on the left
20 EMA above the EMA you gonna trade
50 EMA distance
100 EMA
200 EMA
-
BOTT SS3 PSYCHOLOGY
-
Enter only into a CALL trade when price moves in purchase time below EMA and on rejection from below above EMA in upper direction.
Do not enter into a CALL trade if price is breaking through EMA without any kind of sign or rejection.
price above major key level market in strong uptrend major trend - strong uptrend minor trend - downtrend no price action on the left big distance between EMAs fake breakout of EMA in form of reversal candle price is pushed down till EMA rejection from EMA in form of reversal candle (buyers stepping in) buyers pushing price further up above EMA (buyers in control)
SUPPORT AND RESISTANCE
-
EMA acts as support
ENTRY POINT
-
On next candle below EMA
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS4 (EMA) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
(high probability trading setups)
BOTT Sure Shot 4 (EMA) PUT OPTION
CALL OPTION 200 EMA
Price 20 EMA 50 EMA 100 EMA 200 EMA
100 EMA 50 EMA
FLAT EMA’s 200 100 50 20 major trend = ranging
20 EMA Price
minor trend = trending
entry candle distance
50 EMA healthy trend - strong trend
Rejection
distance above the s&r
distance
Minor Trend
100 EMA
Rejection
Minor Trend
100 EMA Price Action on the left
Price Action on the left
200 EMA
distance below the s&r
healthy trend - strong trend distance
50 EMA distance
200 EMA
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS4 (EMA) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 4 (EMA)
CRITERIAS distance
50 EMA healthy trend - strong trend
distance
Minor Trend Rejection
100 EMA Price Action on the left
-
price below major key level market ranging major trend - ranging minor trend - strong downtrend no price action on the left big distance between EMAs
below the s&r distance
BOTT SS4 PSYCHOLOGY 200 EMA entry candle
-
Enter only into a PUT trade when price moves in purchase time above closing price of previous candle and/or EMA and on rejection from above below EMA in lower direction. Do not enter into a PUT trade if price is breaking through EMA without any kind of sign or rejection.
price is pushed down till EMA rejection from EMA in form of continuation candle (sellers stepping in) sellers pushing price further down below EMA (sellers in control)
SUPPORT AND RESISTANCE
-
EMA acts as resistance
ENTRY POINT
-
On next candle above EMA and/or above previous candle closing price
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS4 (EMA) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 4 (EMA) entry candle
Price Action on the left
Rejection
CRITERIAS 200 EMA
distance above the s&r
-
price above major key level market ranging major trend - ranging minor trend - strong uptrend no price action on the left big distance between EMAs
100 EMA Minor Trend distance healthy trend - strong trend
BOTT SS4 PSYCHOLOGY
50 EMA distance
-
Enter only into a CALL trade when price moves in purchase time below closing price of previous candle and/or EMA and on rejection from below above EMA in upper direction. Do not enter into a CALL trade if price is breaking through EMA without any kind of sign or rejection.
price is pushed up till EMA rejection from EMA in form of continuation candle (buyers stepping in) buyers pushing price further up above EMA (buyers in control)
SUPPORT AND RESISTANCE
-
EMA acts as support
ENTRY POINT
-
On next candle below EMA and/or below previous candle closing price
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS5 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader
(high probability trading setups)
BOTT Sure Shot 5 (Fibonacci) PUT OPTION
CALL OPTION Price 20 EMA
200 EMA 100 EMA 50 EMA 20 EMA Price NO Price Action on the left
Rejection
FLAT EMA’s 200 100 50 20 major trend = ranging
50 EMA 100 EMA
minor trend = trending
200 EMA
distance
261.8
100
healthy trend - not strong trend distance
above the half of the previous candle Minor Trend Minor Trend
healthy trend - not strong trend
entry candle
161.8
161.8
entry candle
distance
below the half of the previous candle
100
261.8 NO Price Action
distance
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS5 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 5 (Fibonacci) Rejection
CRITERIAS
distance
261.8 above the half of the previous candle
Minor Trend
entry candle
161.8
-
price at major key level market in ranging market major trend - ranging minor trend - uptrend no price action on the left big distance between fibonacci levels weak break of fibonacci level fake breakout of fibonacci level
BOTT SS5 PSYCHOLOGY healthy trend - not strong trend
distance
100
Enter only into a PUT trade when price moves in purchase time above the closing price of previous candle and on rejection from above below fibonacci level in lower direction. Do not enter into a PUT trade if price is breaking through fibonacci level without any kind of sign or rejection.
-
price is pushed up till fibonacci level rejection from fibonacci (sellers stepping in) buyers try to push price up fail sellers step in and take control
SUPPORT AND RESISTANCE
-
Fibonacci level acts as resistance
ENTRY POINT
-
On next candle above fibonacci level or above precious candle closing price
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS5 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 5 (Fibonacci) 100
CRITERIAS
healthy trend - not strong trend distance
Minor Trend
161.8
entry candle
-
below the half of the previous candle
price at major key level market in ranging market major trend - ranging minor trend - downtrend no price action on the left big distance between fibonacci levels weak break of fibonacci level fake breakout of fibonacci level
BOTT SS5 PSYCHOLOGY
261.8 NO Price Action on the left
distance
Enter only into a CALL trade when price moves in purchase time below the closing price of previous candle and on rejection from below above fibonacci level in upper direction. Do not enter into a CALL trade if price is breaking through fibonacci level without any kind of sign or rejection.
-
price is pushed down till fibonacci level rejection from fibonacci (buyers stepping in) sellers try to push price down fail buyers step in and take control
SUPPORT AND RESISTANCE
-
Fibonacci level acts as support
ENTRY POINT
-
On next candle below fibonacci level or below previous candle closing price
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS6 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader
(high probability trading setups)
BOTT Sure Shot 6 (Fibonacci) PUT OPTION
CALL OPTION Price 20 EMA
200 EMA 100 EMA 50 EMA
TRENDING EMA’s 200 100 50 20
50 EMA 100 EMA
major trend = trending
20 EMA Price
minor trend = trending opposite
200 EMA
healthy trend - not strong trend Minor Trend
261.8 NO Price Action on the left
above the half of the previous candle
NO Price Action on the left
above the half of the previous candle
61.8
distance
distance
Minor Trend
161.8 161.8
entry candle
healthy trend - not strong trend
distance
distance
61.8
261.8
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS6 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 6 (Fibonacci)
CRITERIAS 261.8
NO Price Action on the left
above the half of the previous candle distance
Minor Trend
161.8 entry candle
healthy trend - not strong trend
-
price below major key level market in healthy downtrend major trend - downtrend minor trend - downtrend after pullback no price action on the left big distance between fibonacci levels fake breakout of fibonacci levels in form of reversal candle pullback on fibonacci level
BOTT SS6 PSYCHOLOGY
distance
61.8
Enter only into a PUT trade when price moves in purchase time above the closing price of previous candle and on rejection from above below fibonacci level in lower direction. Do not enter into a PUT trade if price is breaking through fibonacci level without any kind of sign or rejection.
-
price is pushed up till fibonacci level rejection from fibonacci level in form of reversal candle (sellers stepping in) pullback sellers pushing price further down (sellers in control)
SUPPORT AND RESISTANCE
-
Fibonacci level acts as resistance
ENTRY POINT
-
On next candle above previous reversal candle closing price and/or above fibonacci level
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS6 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader
BOTT Sure Shot 6 (Fibonacci) healthy trend - not strong trend Minor Trend NO Price Action on the left
61.8
watch the corresponding video here
CRITERIAS
above the half of the previous candle distance distance
161.8
-
price below major key level market in healthy uptrend major trend - uptrend minor trend - uptrend after pullback no price action on the left big distance between fibonacci levels fake breakout of fibonacci levels in form of reversal candle pullback on fibonacci level
BOTT SS6 PSYCHOLOGY 261.8
Enter only into a CALL trade when price moves in purchase time below the closing price of previous candle and on rejection from below above fibonacci level in upper direction. Do not enter into a CALL trade if price is breaking through fibonacci level without any kind of sign or rejection.
-
price is pushed down till fibonacci level rejection from fibonacci level in form of reversal candle (buyers stepping in) pullback buyers pushing price further up (buyers in control)
SUPPORT AND RESISTANCE
-
Fibonacci level acts as support
ENTRY POINT
-
On next candle below previous reversal candle closing price and/or below fibonacci level
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS7 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader
(high probability trading setups)
BOTT Sure Shot 7 (Fibonacci) PUT OPTION
CALL OPTION 200 EMA 100 EMA 50 EMA 20 EMA Price
Price
TRENDING EMA’s 200 100 50 20
20 EMA
major trend = strong trending
50 EMA 100 EMA
minor trend = trending opposite
200 EMA
healthy trend - not strong trend entry candle NO Price Action on the left
distance above the FIBO you gonna trade
261.8
Minor Trend
distance
61.8
Minor Trend entry candle
NO Price Action on the left
distance distance
161.8 healthy trend - not strong trend
above the FIBO you gonna trade
161.8
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS7 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 7 (Fibonacci) NO Price Action on the left
above the FIBO you gonna trade
CRITERIAS 261.8
distance Minor Trend entry candle
distance
-
price below major key level market in strong downtrend major trend - strong downtrend minor trend - uptrend no price action on the left big distance between fibonacci levels fake breakout of fibonacci level in form of reversal candle
161.8
BOTT SS7 PSYCHOLOGY
healthy trend - not strong trend
61.8
Enter only into a PUT trade when price moves in purchase time above fibonacci level and on rejection from above below fibonacci level in lower direction. Do not enter into a PUT trade if price is breaking through fibonacci level without any kind of sign or rejection.
-
price is pushed up till fibonacci level rejection from fibonacci level in form of reversal candle (sellers stepping in) sellers pushing price further down below fibonacci level (sellers in control)
SUPPORT AND RESISTANCE
-
Fibonacci level acts as resistance
ENTRY POINT
-
On next candle above fibonacci level
varichhy@hotm ail.com30Jan 2019
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS7 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader
BOTT Sure Shot 7 (Fibonacci) healthy trend - not strong trend entry candle distance Minor Trend NO Price Action on the left
61.8
above the FIBO you gonna trade
distance
161.8
261.8
Enter only into a CALL trade when price moves in purchase time below fibonacci level and on rejection from below above fibonacci level in upper direction.
Do not enter into a CALL trade if price is breaking through fibonacci level without any kind of sign or rejection.
watch the corresponding video here
CRITERIAS
-
price below major key level market in strong uptrend major trend - strong uptrend minor trend - downtrend no price action on the left big distance between fibonacci levels fake breakout of fibonacci level in form of reversal candle
BOTT SS7 PSYCHOLOGY
-
price is pushed down till fibonacci level rejection from fibonacci level in form of reversal candle (buyers stepping in) buyers pushing price further up above fibonacci level (buyers in control)
SUPPORT AND RESISTANCE
-
Fibonacci level acts as support
ENTRY POINT
-
On next candle below fibonacci level
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS8 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader
(high probability trading setups)
BOTT Sure Shot 8 (Fibonacci) PUT OPTION
CALL OPTION 200 EMA
Price 20 EMA
100 EMA 50 EMA
FLAT EMA’s 200 100 50 20 major trend = ranging
50 EMA 100 EMA
20 EMA Price
minor trend = trending
200 EMA
entry candle
261.8 distance Price Action on the left
healthy trend - strong trend distance
Minor Trend Rejection
Price Action on the left
161.8 below the s&r
Rejection
distance above the s&r
61.8 Minor Trend distance
161.8 distance healthy trend - strong trend
61.8
distance
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS8 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 8 (Fibonacci) 261.8
CRITERIAS
-
distance healthy trend - strong trend distance
Minor Trend Rejection
Price Action on the left
161.8 below the s&r
price below major key level market ranging major trend - ranging minor trend - strong downtrend no price action on the left big distance between fibonacci levels
distance
BOTT SS8 PSYCHOLOGY 61.8
-
entry candle
Enter only into a PUT trade when price moves in purchase time above closing price of previous candle and/or fibonacci level and on rejection from above below fibonacci level in lower direction. Do not enter into a PUT trade if price is breaking through fibonacci level without any kind of sign or rejection.
price is pushed down till fibonacci level rejection from fibonacci level in form of continuation candle (sellers stepping in) sellers pushing price further down below fibonacci level (sellers in control)
SUPPORT AND RESISTANCE
-
Fibonacci level acts as resistance
ENTRY POINT
-
On next candle above fibonacci level and/or above previous candle closing price
varichhy@hotm ail.com30Jan 2019
Price Action: IQ Option Sure Shot BOTT SS8 (Fibonacci) Binary Option sure win strategy - BO Turbo Trader watch the corresponding video here
BOTT Sure Shot 8 (Fibonacci)
CRITERIAS
entry candle
Price Action on the left
Rejection
distance above the s&r
61.8
-
price below major key level market ranging major trend - ranging minor trend - strong uptrend no price action on the left big distance between fibonacci levels
Minor Trend distance
BOTT SS8 PSYCHOLOGY
161.8 healthy trend - strong trend
distance
261.8
-
Enter only into a CALL trade when price moves in purchase time below closing price of previous candle and/or fibonacci level and on rejection from below above fibonacci level in upper direction. Do not enter into a CALL trade if price is breaking through fibonacci level without any kind of sign or rejection.
price is pushed up till fibonacci level rejection from fibonacci level in form of continuation candle (buyers stepping in) buyers pushing price further up above fibonacci level (buyers in control)
SUPPORT AND RESISTANCE
-
Fibonacci level acts as support
ENTRY POINT
-
On next candle below fibonacci level and/or below previous candle closing price