Binary options group

This thread is amazing. I've been reading it and I don't understand a single thing of what's going on but it was still a good read. I'll have to learn how these charts work. Looks really fun.
 
This thread is amazing. I've been reading it and I don't understand a single thing of what's going on but it was still a good read. I'll have to learn how these charts work. Looks really fun.
Hey Varshiek, yes indeed, start observing the charts patterns, and practice as much as you can. :)
 
Description : PATTERNS
Candlestick patterns - Bearish Only

>> "LowPriceGappingPlay"


Low Price Gapping Play is a bearish trend continuation candlestick pattern consisting of five candles.
The Low Price Gapping Play candlestick pattern is recognized if:

> The first candle is long and bearish, misses shadows and continues the downtrend;
> Next three candles have small bodies fluctuating near the first candle's Low price;
> The fifth candle is long and bearish again and gaps down from the lowest Low of the previous four candles.

Example:

 
Description : PATTERNS
Candlestick patterns - Bearish Only

>> "OnNeck"


On Neck is a bearish trend continuation candlestick pattern consisting of two candles.

The On Neck candlestick pattern is recognized if:
> The first candle is long and bearish and continues the downtrend;
> The second candle is bullish and opens at a new Low price;
> The second candle's Close price is equal to the Low price of the first candle.

Example:

 
Description : PATTERNS
Candlestick patterns - Bearish Only

>> "ShootingStar"


Shooting Star is a bearish trend reversal candlestick pattern consisting of two candles.
The Shooting Star candlestick pattern is recognized if:

> The first candle is bullish and continues the uptrend;
> The second candle is short and gaps up from the first candle;
> The second candle has a long upper shadow and does not have the lower one.

Example:

 
Description : PATTERNS
Candlestick patterns - Bearish Only

>> "ThreeBlackCrows"


Three Black Crows is a bearish trend reversal candlestick pattern consisting of three candles.

The Three Black Crows candlestick pattern is recognized if:
> Appearing after the uptrend, all the three candles are long and bearish;
> Each candle's Open price is within the previous candle's body;
> Each candle's Close price is lower than that of the previous candle.

Example:

 
Description : PATTERNS
Candlestick patterns - Bearish Only

>> "ThreeInsideDown"


Three Inside Down is a bearish trend reversal candlestick pattern consisting of three candles. The first two candles of this candlestick pattern form bearish Harami.

The Three Inside Down candlestick pattern is recognized if:
> The first candle is long and bullish and continues the uptrend;
> The second candle is short and bearish and its Open and Close prices are within the first candle's body;
> The third candle is bearish and its Close price is lower than that of the second candle.

Example:

 
Description : PATTERNS
Candlestick patterns - Bearish Only

>> "ThreeOutsideDown"


Three Outside Down is a bearish trend reversal candlestick pattern consisting of three candles. The first two candles of this candlestick pattern form bearish Engulfing.

The Three Outside Down candlestick pattern is recognized if:
> The first candle is bullish and continues the uptrend;
> The second candle is long and bearish and its body engulfs the first candle's body;
> The third candle is bearish and its Close price is lower than that of the second candle.

Example:

 
Description : PATTERNS
Candlestick patterns - Bearish Only

>> "Thrusting"


Thrusting is a bearish trend continuation candlestick pattern consisting of two candles.

The Thrusting candlestick pattern is recognized if:
> The first candle is bearish and continues the downtrend;
> The second candle is bullish, opens at a new Low price and closes in the lower half of the previous candle's body.

Example:

 
Description : PATTERNS
Candlestick patterns - Bearish Only

>> "TwoCrows"


Two Crows is a bearish trend reversal candlestick pattern consisting of three candles.

The Two Crows candlestick pattern is recognized if:
> The first candle is long and bullish and continues the uptrend;
> The second candle is bearish and gaps up from the first candle;
> The third candle is bearish and has the Open price inside the second candle's body and the Close price inside the first candle's body.

Example:

 
Description : PATTERNS
Candlestick patterns - Bearish Only

>> "UpsideGapTwoCrows"


Upside Gap Two Crows is a bearish trend reversal candlestick pattern consisting of three candles.

The Upside Gap Two Crows candlestick pattern is recognized if:
> The first candle is long and bullish and continues the uptrend;
> The second candle is bearish and gaps up from the first candle;
> The third candle is bearish and its Open price is higher than that of the second candle;
> The third candle closes between bodies of the first two candles.

Example:

 
Description : PATTERNS
Candlestick patterns - Bullish Only
Candlestick patterns described in this section can signify bullish trend reversal or continuation.

>> "ConcealingBabySwallow"


Concealing Baby Swallow is a bullish trend reversal candlestick pattern consisting of four candles.

The Concealing Baby Swallow candlestick pattern is recognized if:
> The first two candles are bearish, continue the downtrend and miss both upper and lower shadows (Marubozu);
> The third candle is bearish, has long upper shadow and opens with a gap down from the second candle;
> The High price of the third candle is greater than the second candle's Close price;
> The fourth candle is bearish, misses shadows and completely engulfs the third candle.

Example:

 
Description : PATTERNS
Candlestick patterns - Bullish Only

>> "Hammer"


Hammer is a bullish trend reversal candlestick pattern which is a candle of specific shape.
The trend reversal can be predicted if occurring after the downtrend, this candle has a short body located in the top half of the trading range, absent or very short upper shadow, and long lower shadow.

Example:

 
Description : PATTERNS
Candlestick patterns - Bullish Only

>> "HighPriceGappingPlay"


High Price Gapping Play is a bullish trend continuation candlestick pattern consisting of five candles.

The High Price Gapping Play candlestick pattern is recognized if:

> The first candle is long and bullish, misses shadows and continues the uptrend;
> Next three candles have small bodies fluctuating near the first candle's High price;
> The fifth candle is long and bullish again and gaps up from the highest High of the previous four candles.

Example:

 
Be careful with binary options. I've labeled it as a scam.The only people making money in it are the marketers who refer you to sign up. Some of these networks pay 100% commission. With a common minimum deposit of $200, it's nice money getting people to sign up on your ref link.

I've worked with two big networks in the past making an easy profit with my trades. Both refused to cash me out. I was lucky to get a refund from paypal for my initial deposit. The networks originally wanted me to wire the funds which would have been much more difficult for me to refund.
 
Be careful with binary options. I've labeled it as a scam.The only people making money in it are the marketers who refer you to sign up. Some of these networks pay 100% commission. With a common minimum deposit of $200, it's nice money getting people to sign up on your ref link.

I've worked with two big networks in the past making an easy profit with my trades. Both refused to cash me out. I was lucky to get a refund from paypal for my initial deposit. The networks originally wanted me to wire the funds which would have been much more difficult for me to refund.

Hi uncutu.
Thanks for sharing your experience.
Yes, you are right, having a bad reputation broker platform is bad for any ammount of $ invested. (either binary or forex, you must be very careful with who you are signing up)
Good that you managed to get that refund back. ;)
 
Description : PATTERNS
Candlestick patterns - Bullish Only

>> "HomingPigeon"


Homing Pigeon is a bullish trend reversal candlestick pattern consisting of two candles.

The Homing Pigeon candlestick pattern is recognized if:

> The first candle is long and bearish and continues the downtrend;
> The second candle is short and bearish and its body is engulfed by the first candle's body.

Example:

 
Description : PATTERNS
Candlestick patterns - Bullish Only

>> "InvertedHammer"


Inverted Hammer is a bullish trend reversal candlestick pattern consisting of two candles.

The Inverted Hammer candlestick pattern is recognized if:

> The first candle is bearish and continues the downtrend;
> The second candle is short and located in the bottom of the price range;
> The second candle has a long upper shadow and does not have the lower one.

Example:

 
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