All language subtitles for 3. Big Bodies Candles--- [ DevCourseWeb.com ] ---

OK I'll come back.

So previously we discussed freakouts long with candles.

This time it's a fake out with big body candles.

This is the same trick that is used to induce most of the traders to jump in on trade whenever they

see a big body candle.

And most retail traders have this time here for more which is fear of missing out on a move.

And what we're taught in the conventional education out there is to wait for the candle close right.

We've all been taught that.

Wait for confirmation wait for the candle to close and then turn the tray.

And I'm not saying it's wrong to do that but you have to know when to not do it as well.

Right.

Let me show you an illustration here.

Imagine you see a big bullish candle followed by a big Berridge candle.

Let's just say this is a reversal area that we've been eyeing for some point.

OK.

So this is what you see in that 30 minute thing happened on the H-1.

It's simply a long way right.

So this is what we've discussed on the previous model.

Fake out leaving long with candles.

And this model will cover the stakeouts with big body candles.

Imagine this hasn't happened yet right here.

It's the trigger to get into the opposite which is to get short k a strange spot is big body candles

in the chart.

So what we have here is press going to the down side.

OK.

Came back up.

This is space for the sellers to re-enter the short right

the price came up to very strongly

and you learn about glass that have no barrier to it which is a label that's close this time on to another

level.

We know that this whole move here basically is fake out.

And this is a trap to get the retail traders in the thinking prices in the broken the past hires here

and it's on its way to head further to the upside.

OK.

Same thing happened the second time it came back.

All right what do you think most people are going to do when they see on the H-1 a big bullish candle

here like this all this that was going to break eventually right.

I'm going to join the break traders treaters end long here and BAM.

Treasury versus almost immediately.

Right.

So on the H for if you were to switch up one time frame higher is probably a week for the first one

here at least.

So this is the same principle as the fake out we've just discussed previously.

But instead of a with KANDEL It's giving us a big body candle in the example.

Another rancher

and price made a fast break to the downside.

Remember the last example I used in the previous model to break up was along with Kendall and in this

case the break up is a big body can go same thing.

The Riccio's rate is probably selling into the man here.

We'll look out for the leader in the market for.

But in this case it's just a big body Kendall.

OK.

So a series of red candles here.

People are afraid that they will miss out on this move.

Jump then bam price reverse

see where we are in the bigger picture.

This is a nice support or.

One last example here.

The range that happens at the top here.

This is the bottom of the range and a good taste to enter into a long and this Sunday on Pip's of the

meat here still remember once price hits the ceiling here.

Look at the approach doo doo doo doo.

For Blue candles very strong momentum.

Most people are going to think that it's going to break the upside.

So this again will induce the breakout traders to enter long.

Never been arranged.

Always look up to the higher timeframe or make a bet that this is also a supply level and a higher timeframe.

There you go.

Right.

I don't even need to scroll any further.

There you go.

We're nearing an important resistance.

This is also Grumpy's drug supply that will another one here.

So basically this is the loss of that little barrier of the supplier.

We can already start to look for shorts when Price first approached the lower supply level here hey

guys let's move on to the next model.