Thursday, January 16, 2020

DOJI & SPPINING TOP CANDLE

WELCOME TO PROFITABLE DECISIONS



 IF YOU LEARN CANDLE STICKS & PRICE ACTION , THEN YOU WILL NOT BE ANY INDICATORS IN TRADING.

TODAY IS GOING TO TELL YOU ABOUT DOJI  CANDLE STICKS PATTERN.
 
LET'S START THIS POST -



DOJI -

DOJI IS A MOST IMPORTANT CANDLESTICKS PATTERN. IS THIS CANDLE PATTERN NOT CONFIRM IN DIECTION IN NOT BULLISH NOT BEARISH TREND.
FUTURE GIVES THE MASSAGE  OF TAKING OF TRADE VERY CAREFULLY.
WE SHOULD TAKE SOME TRADE OR IF YOU DO NOT TRADE, IT IS BETTER AND MARKET ARE BULLISH OR BEARISH .
IT IS POSSIBLE.

DOJI, DOJI CANDLE, DOJI CANDLE PATTERN
DOJI PATTERN


NOTE : IF YOU TAKE ANY TRADE, THEN TAKE CARE OF THEM

1. ACCORDING TO THE MARKET CAN BULLISH OR BEARISH.  
2. NO MORE GREED IN THIS. 
3. YOU ALWAYS HAVE TO GO ON STOP LOSS TRAIL SO IF THE MARKET REVERSE, THEN YOU EXIT WITHOUT LOSS.
4. IF THE MARKET SIDEWAYS THEN YOU HAVE TO WAIT.
5. DO THIS TECHNICAL ANAYSIS FOLLOW.


DOJI CANDLE RECOGNIZE -

1.  WHAT DOJI MAKE BEFORE TREND BUT DOJI MAKE BEFORE TREND WAS  IMPORTANT. 
2.  A VERY SMALL LINE OR  A VERY SMALL REAL BODY WITH LONG UPPER SHADOW, LONG LOWER SHADOW.
A LINE LIKE DOJI SHOULD BE REAL BODY BETWEEN STOCKS OPENING PRICE AND CLOSING PRICE.
 3.  DOJI CANDLE PATTERN COLOUR ARE NOT IMORTANT, BUT IN CANDLE STICKS MARKET EXPLAIN OF INDECISION, CAN BE MARKET BULLISH OR BEARISH.

4. WE CAN SEE DOJI (SPINNING TOP) CANDLE STICKS PATTERN BELOW -

DOJI, DOJI CANDLESTICKS
SPINNING TOP PATTERN


DOJI CANDLE BENEFITS -


WE CAN ALSO CALL DOJI CANDLE A SPINNING TOP CANDLE.THESE TWO CANDLES ARE A SINGLE CANDLESTICKS PATTERN.
SO WE CAN IS THE PATTERN WHICH IS GOING TO COME  NEXT TREND.
HE DOES NOT TELL US
MARKET ANY BULLISH & BEARISH CAN BE NOT CONFIRM.


HOW DOJI CANDLES ARE MADE -


DOJI CANDLE IS MADE  WHEN BOTH STOCKS OPENING PRICE AND CLOSING PRICE ARE BOTH EQUAL OR
SHOULD BE A DIFFERECE OF 0.5 % LESS ,BUT A HIGH PRICE AND LOW PRICE  OF STOCKS IS MUCH DIFFERENT NEEDED.

DOJI, SPINNING TOP
DOJI & SPINNING TOP


DOJI CANDLE PATTERN EFFECTS -



1. MADE OF THE DOJI CANDLE IN THE BULLISH TREND -
    IF A DOJI CANDLE MADE IN THE BULLISH TREND , IT WILL REMAIN A BULLISH TREND AFTER A CORRECTION, OR IT CAN ALSO BECOME A BEARISH TREND.

2. MADE OF THE DOJI CANDLE IN THE BEARISH TREND -
    IF A DOJI CANDLE MADE IN THE BEARISH TREND , IT WILL REMAIN A BEARISH TREND AFTER A CORRECTION, OR IT CAN ALSO BECOME A BULLISH TREND.

3. THE MADE OF DOJI IN THE SIDEWAY TREND-
    WITH THE MADE OF THE DOJI CANDLE IN IT.
IT GIVES US THE MASSAGE THAT WE SHOULD STOP A LITTLE AND LOOK AT THE NEXT TREND OF THE MARKET AND TAKE THE TREND.


DOJI'S TRADING ACTION PLAN -


IF WE SEE A DOJI ON THE MARKET WHERE A DOJI IS ON, THEN WE SHOULD UNDERSTAND THERE WE ARE NOT SURE OF ANY TRADE THEN WE SHOULD NOT TAKE ANY KIND OF TRADE.
THAT IS , WE DO NOT DISPOSE OF THE MARKET BULLISH AND BEARISH DUE TO THE MADE OF A DOJI CANDLE.


WHAT SHOULD THE TRADER DO -

1. CAN WAIT FOR NEW TRENDS IN MARKET.
2. IF HE WANTS TO TAKE TRADE THEN HE CAN DO TRADING A LITTLE LESS QUANTITY.


THANK YOU !!!!

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