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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
TRADING LEGACY BOOM AND CRASH INDICES 1 MINUTE ZERO PRICE ACTION TRADING
DOCTOR CANDLESTICKS EMAIL [email protected] CANDLESTICK BY CANDLESTICK ANALYSIS
I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
DISCLAMER Trading and investing offers large potential rewards as well as significant financial risks, you can lose all your investment or capital. You should be aware of the risks and be prepared to accept them when they happen. Don't trade with funds you can't afford to suffer a loss of, don’t trade with borrowed money. I’am neither a financial consultant nor an investment advisor. You should be aware of all the risks associated with trading on margin. The past performance of any trading system or method is not necessarily indicative of future results.
VERY IMPORTANT POINT HERE, VERY IMPORTANT BULLSHIT!!! - YOU DON’T HAVE TO WORRY ABOUT SPIKES, DON’T BE SCARED OF SPIKES WITH THIS STRATEGY. IT SOLVES ALL SPIKES PROBLEMS.
THIS IS AN UPDATED VERSION!!! RECOMMEDNED ONE…. STUDY ME PLEASE
CANDLESTICK BY CANDLESTICK ANALYSIS
I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
1. INTRODUCTION The broker known as Binary.com is the only one who offers Synthetic indices Account, which are Volatility, Boom and Crash indices. But we are not going to talk about Volatility indices in this Pdf, we will focus on Boom and Crash indices which is the heart of this book. Crash and Boom indices have an unusual movements. Because they are just the stimulation of the real markets movements, which is Forex, Stock, etc. These Synthetic indices can be traded on MT5 platform with only Binary.com Broker like prior mentioned. So if you have not opened a trading account yet, please click on the link below which will direct you to the site and you can create your trading account and start practicing on Demo Account with Virtual money. Click down below on the link to register:https://record.binary.com/_Ed47UJydOyq6tyDIijdDK2Nd7ZgqdRLk/1/
THIS STRATEGY WORKS WITH ANY TIME FRAME!!
CANDLESTICK BY CANDLESTICK ANALYSIS
I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
We will look at three indicators to trade Boom and Crash Indices. We will combine them actually to make one thing. This Strategy according to my observations involves zero price action, I mean zero price action because it’s based on M1 time frame only, no moving around different time frames. Just stay on one time frame bullshit. M1 that’s all. 1. MACD 2. RSI 3. MOVING AVERAGE
1. MACD Moving Average Convergence Divergence commonly known as MACD, it’s a trend following indicator or oscillator used to spot divergences in price movement. It was created by Gerald Appel in the late 1970s. It was designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock market. It’s a lagging indicator, meaning it reacts or gives a signal after price has already confirmed it’s direction. So as such, when using MACD, you will less likely be finding yourself in traps which are false signals when trading. Because of it’s smooth and clean appearance, it is easy to read and you can catch divergences with an ease and swiftly. Below is a picture of MACD and its default settings.
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
ON MACD WE WILL USE DEFAULT SETTINGS FAST EMA----------------- 12 SLOW EMA--------------- 26 MACD SMA-------------- 9
2. RESISTANCE STRENGTH INDEX The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. We are not going to use the default settings of RSI, we will change only it’s period from 14 to 1 and it’s levels from 30 and 70 to 9,10,11 and 90, 91, 92.
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
See below picture how it will look like after setting it up
https://record.binary.com/_Ed47UJydOyq6tyDIijdDK2Nd7ZgqdRLk/1/ PRESS THE LINK ABOVE TO SIGN UP WITH BINARY.COM AND START TRADING.
CANDLESTICK BY CANDLESTICK ANALYSIS
I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
3.MOVING AVERAGE A moving average (MA) is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random shortterm price fluctuations.
I don’t Have to show you how a moving average looks like bullshit.
So now let’s go ahead and combine these indicators on your chart. Open your chart, open!, right now. Lol. Kindly open it. Binary.com MT5 chart. And, first put your RSI indicator on the Boom and Crash Indices, M1 time frame. RSI settings will be this, 9,10,11 and 90, 91,92 and your chart will look like below picture
CANDLESTICK BY CANDLESTICK ANALYSIS
I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
Then secondly drag your MACD from your left hand side indicator window if you are using a laptop and put it on RSI window. MACD don’t change settings. It will look like this below
CANDLESTICK BY CANDLESTICK ANALYSIS
I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
Lastly, Drag your Exponential Moving Average or EMA 5 to your MACD and RSI Window. Period set it to 5, method Exponential, that’s a moving average. The chart will look like this,
CANDLESTICK BY CANDLESTICK ANALYSIS
I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
That’s complete now. As you can see, the EMA 5, It’s representing price movements, it’s tracing actually or stimulating how price is moving.
CANDLESTICK BY CANDLESTICK ANALYSIS
I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
With this strategy, you are going to learn different types of trades you can take, and they are categorized into Three, which is Class Z and G and A. Now what is Class Z and G and A trades? -Class Z Trade is based on two time frames analysis which is a Classic or high probability Trade. -Class G is based on one Time Frame analysis which is a Standard probability Trade. -Class A is an aggressive entry trade. Lets see below examples of these trades 1. CLASS G TRADES -Standard probability trades with standard profits. -Standard conservative trades
i.
HOW TO TAKE CLASS G TRADES? Zoom out of your charts on Boom and Crash Indices. See below zoomed out chart.
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
WHAT DO YOU SEE THERE?. NOTHING?, BULLSHIT, SOMETHING? BULLSHIT. As you can see from the above chart, it’s zoomed out showing price at a far distance place. Hence giving us a full detailed picture of price movements. As you can see, whenever price touches the 90,91,92 levels it drops straight down and whenever it touches the 9,10,11 levels it goes straight up. Lets see below picture for Buy Orders,
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
You see follow the EMA 5 to see where price has reached. When it touches the 9,10,11 levels. You know it will go up to 90,91,92 levels no matter what. So Buy on 9,10,11 levels then TP 90,91,92 levels… Lets now see for sell orders,
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
Price touched the 90,91,92 levels then it dropped down to 9,10,11 levels. So Sell on 90,91,92 levels then TP on 9,10,11 levels. That’s the conservative way of trading with this strategy…
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
ii.
CLASS Z TRADES -High probability trades. -More conservative trades.
HOW TO TAKE CLASS Z TRADES We are going to pick it up from Class G point to save us a lot of time of doing a a lot of repetitions. So straight to the point, when trading with class Z, you analyse two time frames in which one is bigger than the other 4 times. I know you get it. Lemme tell you, DAILY CHART AND H4 CHART= H4 GOES INTO DAILY FOUR TIMES, H4 CHART AND H1 CHART= H1 GOES INTO H4 FOUR TIMES, H1 CHART AND M30/M15= M30/M15 GOES INTO H1 FOUR TIMES, M30/M15 CHART AND M5= M5 GOES INTO M30/M15 FOUR TIMES, AND M5 CHART AND M1= M1 GOES INTO M5 FOUR TIMES. Okey!, you get it now. So when you want to take a trade in M1, stop whatever you are thinking, and pay attention, pay attention bullshit!!!, W hen you want to take a trade in M1, always, always,always, check if, if, if M5, if M5, if M5 bullshit!, is in line with M1. Only then take a trade, Only then, only then, only then, only then take a trade. They must be in line with each other, standing at the same point. Example. If M1 is at 90,91,92 levels and M5 is at 90,91,92 then take a trade, take a trade. That’s a high probability trade. This also applies to H1 and H4, if H1 is at 90,91,92 and H4 is at 90,91, 92 aswell take a trade. That’s a high probability trade. Same for a buy trade, if both time frames are at 9,10,11 levels, take a trade. You can Trade H1/H4 and M1/M5, that’s my recommendation. M5 for confirmations to what is happening in M1, if they are at the same level, take a
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
trade. And H4 for confirmation to what is happening in the H1, if they are in line, at the same point, take a trade in H1 bullshit. See the charts below
You see above that’s M1, you see those two positions with red lines where price is at the bottom and Top. Now lets see M5 of the same indice if they are in line.
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
Those same positions, now in M5, the first price is in line with that Of M1 but the second position of price is not in line with M1. So you see how it works, if price is in line that’s a high probability trade because that way we can be sure that, definitely, definitely price will go down, it will go down even if a pig was to start trading, but still it will go down. But as for price position 2, the second Line, in M1 price is 90,91,92 but in M5 its trending between the middle, so that’s a risk trade to take, because if you like buy that, you will start seeing retracements before it goes up, then you will be
CANDLESTICK BY CANDLESTICK ANALYSIS
I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
wondering why its retracing or going down, then you will be saying Doctor Candlesticks is a bullshit, no!, you are the bullshit!.. Lol… So kindly for more conservative trades check two time frames to enter. Like you have seen above, that trade two, even though it was not lining with M5 whereby it wasn’t at the bottom in M5, but still it was lining whereby it was also in an uptrend, so buying there could have given you profits. But be carefull and ready in a case of loses. See another examples below
That’s M1 above, price is at Top and Bottom, see the Yellow and Green lines. CANDLESTICK BY CANDLESTICK ANALYSIS
I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
Now lets see M5 for confirmation,
See above in M5, the first price is on Green line is not in line with M1, M1 is at the bottom then M5 between the trend. That’s bullshit. So imagine if you were only looking at M1 and then you sold, it could have given you profits but in no time it couldn’t have touched M1 bottom, it could have start retracing going up, higher than your entry hence you being in losses. When two Time frames are showing you that, that means they are still gaining or losing momentum. Like in our case above, M1 showed that its now losing momentum but in M5 its
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
showing that its still gaining momentum or going up. Hence M1 not telling us the whole truth, but just part of the truth. M1 sell trade couldn’t have last long, it sold, but after a short time it came back to buying again. So a trade is more likely to last long if the two time frames are in line with each other. OH!, there is a blue line on the chart, forget about it bullshit. Focus on Green and Yellow lines. Lets look at final example below
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
In M5 price not in line with M1. M1 telling us to buy for a long term, M5 telling us buying might be risk. And only buy for not a long time or better to wait and not buy. You see what am talking about, its very simple and straightforward Guys, No candlesticks here. Simple like drinking water, now never change from a strategy to a strategy. Stick to one thing and it will work for you.
CANDLESTICK BY CANDLESTICK ANALYSIS
I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
iii.
CLASS A TRADES -Stupid Trades. -Stupid Trades.
AGGRESSIVE WAY OF TRADING THIS STRATEGY See below pictures for both buy and sell orders aggressively. AGGRESSIVE BUY TRADE
CANDLESTICK BY CANDLESTICK ANALYSIS
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See in the picture above, you enter in the middle of the trend just because it will go up to 90,91,92 levels. Now imagine your account is small and you enter on the middle of the Trend, then price starts retracing a bit before it resume going up. If your account is small you can blow up your account. Imagine you had bought on that blue circle and see how price retraced back and you had a small account, that could have been blown up right?, Yeah. So if you have a small account please enter on the base of the trend, on the beginning of it, then if you want, you can hold up-to to the other end top. Or if you want hold a bit and get your profits. See another photo of an Aggressive Sell Trade. AGGRESSIVE SALE TRADE
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
See in the picture above, you enter in the middle of the trend just because it will go down to 9,10,11 levels. Now imagine your account is small and you enter in the middle of the Trend, then price starts retracing a bit before it resume going down. If your account is small you can blow up your account. Imagine you had sold on that blue circle and see how price retraced back and you had a small account, that could have been blown up right?, Yeah. So if you have a small account please enter on the Top of the trend, on the beginning of it, then if you want, you can hold up-to to the other end base. Or if you want hold a bit and get your profits. You might be asking questions like, should I only trade on zoomed out chart?, but why is it like that?, Why can’t I even trade on Zoomed in charts?. Listen, bullshit, The below is an example of zoomed in chart. See
As you can see, the candles are looking nice and big at standard zoomed in chart. So what is the merit and demerit of trading on this kind of chart.
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ADVANTAGE OF TRADING ON ZOOMED IN -You will be trading even small moves, hence catching more small moves .
DISADVANTAGES OF TRADING ON THIS TYPE OF CHARTS -The chart is not detailed, Meaning:It’s not showing all the information we need It’s showing false or illusive price moves which can put you into Trouble of incurring a substantial loss when caresless. You will be having many losses because you will be needing to put Your stop loss when trading everytime. And you won’t be provided with full view of where the price is going and it’s turning point in the market. See practical example below:SELL ORDERS ON ZOOMED IN CHART
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See that above, it’s showing you price is on 90,91,92 levels and down their its showing you price is on 9,10,11 levels. Now lets see the real thing concerning those points, lets zoom out,
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Bullshit, you see how illusive zoomed in charts are?. They give you a false picture of what is happening. Price was selling quiet alright, but wasn’t at 90,91,92 levels. That’s a false picture which it gave us. Okey lets see another picture below
ZOOMED IN CHART
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You sold there, assume that way, then lets see what happens next below
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Just you after selling, then it went up passing your sell level and taking your stop loss order. Then you complain that it’s not fair, its brabrabrabra!!!!!!!! Bullshit. MORE EXAMPLES TRY TO BACK TEST THIS STRATEGY ON YOUR CHARTS AND DEMO ACCOUNTS TO SEE CLEARLY WHAT AM TALKING ABOUT. I DIDN’T GATHER MUCH PHOTOS, BECAUSE AM VERY BUSY WITH ALL WHAT WE WANT IN TRADING, TO BE EXPERTS. I THINK THAT’S ALL I GOT TO SAY AND SHOW YOU. PLEASE PRACTICE THESE THINGS AND YOU WILL SEE. PATIENCE IS THE KEY.
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I RATHER DIE TRYING TO LIVE MY DREAMS THAN TO LIVE A LONG LIFE FULL OF REGRETS
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