All language subtitles for 1. CANDLESTICKS (PART 1)

Alright what is happening
everybody? So this video is

candlesticks part one. And now
as you all know candle sticks

are just a pure form of looking
at the charts. But what candle

sticks entails is it's just
purely the prices on the right

hand side. Okay. Now by looking
at this beautiful image I draw

for you guys on the chart. I
would like you guys to take

note of the high and the low
firstly. And then the same on

the bearish candlestick is also
the high and the low. Now the

high the low basically is just
the highest form, the highest

price level that the candle
could have reached in that

specific time period. For
example, if you're on a 30

minute time frame or 15 minute
time frame in that 15 minutes

that is the highest price point
that the candle the that the

candle could have reached. So
if I place a horizontal line at

the top of this and you can see
to the right hand side the

highest price at this bullish
run could have reached is one

eight five two point two but
then it pulled back a little

bit to one eight five one nine
two. Now this difference in

price points really isn't
important. I'm just trying to

explain to you the formation of
candle sticks. Now exactly the

same with the low. Let's use
the bearish candle on a low

example. So the low would then
be one eight four nine point

five three and then this is
where it closed. This is when

the candle stick closed. For
example you'll see on the right

hand side we see a a countdown
timer. Now that is when the

candle stick is closing. So
that's why I always say we

enter on a closing candlestick.
We don't want to enter on a

moving candle stick. Because a
lot of times you'll see the

marker comes in with a lot of
bullish momentum. At first and

then just coming back down
creating a big fat wick with

rejection to the downside. And
then price going down against

us. So That is why I always say
wait for a camera stick to

close. And as you can see the
body is in between. Now the

body is the realised volume.
Meaning there's orders that

took place for this price to go
up. There has been buyers from

this level to this level. There
has been more buyers. From this

level oh sorry from this level
to this level. Now exactly

sellers. There has been sellers
from this level to this level.

More sellers. Not just sellers.
More sellers and more buyers.

Okay. Oh my bad. Did I just do
erase all? Ja I think I did.

Okay. So anyway this this is
also the eye. Let me just my

OCD is killing me guys. Okay.
Now as you can see this is the

full formation of a candle
stick. Now the open and the

close you can see are two
different sides. When a when a

bullish camera opens it opens
at the downside. Because

obviously the trend is going
up. So it has to open here and

go up with a wick. Now exactly
the same with a berries trend.

Um if we have a berries trend
forming the open is going to be

at most probably at the close
of the previous candlestick.

Nine times out of ten. Except
if there's like big

manipulation happening or there
is some sort of gap in the

market or fundamental event but
you don't need to really Um

really be wary of that, okay?
Now one thing I want you guys

to take note of is that the
markets are fractal, meaning

what happens on one time frame
happens on other time frame.

For example, if this is a daily
time frame, there's going to be

a bunch majority of the candles
is going to be majority of the

smaller time frame candles is
going to be bearish, okay? I be

guys took note of this. I'm
going to erase all of this.

Delete this one here. Delete
this one here. Let's use a

bullish

Buddhist movement. Let's say
this is my daily time frame.

Then in my daily time frame I'm
going to be having a bunch of

smaller

bullish candle sticks but you
also going to have some bearish

movements. Because the day is
still occurring. Day is still

happening. And this we're going
to discuss this in more detail

on the other videos. But this
is basically oh my bad I

screwed that one up. This is
basically going to be the

formations look inside of a
daily candle stick. Something

like this. Okay. So what
happens on this time frame

happens on this time frame as
well. So let's say this is a 30

minute time frame. Then
obviously the lower time frame

such as the five minute is
going to have smaller time

smaller candlesticks inside of
this one. So each candle stick

has a candle stick inside of
this candle stick. Unless you

have a like a one second candle
stick but we not even looking

at that. I don't think ja they
do have one second but we not

even looking at 1 seconds. The
lowest we will ever go is

probably five minutes but that
is very rare. So for example

let's just use another example.

Exactly the same example as I
just used but this is the four

hour

So in the four hour candle is
going to be 830 minute candles.

Okay. Now this candle is going
to be one, two,

creating that wick for my bad.
You guys get the point, okay?

One, two, three, four, five.
Six and then maybe let's just

create the wick seven eight
okay that's a little bit of a

bigger wick but like I like I
say guys I'm not Picasso just

trying my best over here so
that is something like how the

four hour candle will be formed
then but on the 30 minute so

that is why we always enter on
the lower time frames we use

the higher time frames to give
our buyers but then we enter on

the lower time frames okay So I
hope this made sense. Um we we

slowly diving into the more
detailed stuff. But these are

all introductory terms. So I
hope you guys enjoyed. Please

take some notes. Like I always
say take notes. Take notes. And

if you have any questions
remember to ask on the

community. We're all here to
help.