Importance Of " Homing Pigeon Candlestick Pattern" in trading..

INTRODUCTION:

Asalam o alaikum dear forex members kesy hain ap sb log umeed ha k ap sb thk hon gy r forex trading me acha work out kr rhy hon gy. Agr ap forex market me successful hona chahty hn to apko bht ziada hard work krna hoga tbhi hum is me acha profit earn kr skty hn r successful trader bn slty hn. Ye ek important Candlestick pattern ha jo k commonly use hony wla pattern ha. Jesy k bullish Homing pigeon ek candlesttick pattern ha jahan ek candle ki small candle hoti ha jis ki body bri Candlesticks k haddoon me wqya hoti ha. Ye pattern is bt ki confirmation krta ha k iska currently nichy ki Trf rujhan weak ho rha ha r uper ki trf increase ho rhy hn isky imkanat...

WHAT IS HOMING PIGEON CANDLESTICK PATTERN:

Dear members forex market me Homing pigeon ek reversal pattern ha jo k humy bullish Formation ki trah nzar ata ha. R kafi ziada Candlestick pattern isko harami candlestick pattern k sth compare krty hbn iski pattern ki importanc ye ha k ye pattern two candles se mill kr bna ha R is me all both candles black hoti hn jb tk humry pas is pattern k related knowledge r experience ni hoga hum isko clearly perform ni kr skty ..



BULLISH HOMING PIGEON CANDLESTICK PATTERN:

Dear members forex market me bullish ek most important pattern ha jisko hum easily identify kr skty hn. Isky Analysis krna b bht easy ha. Hhmy iski information hasil krny k ly understand krna prhta ha r tbhi hum isko propr study krny k bad kmysb hoty hn. Success hasil krny k ly isko proper Technical Analysis kr k trading krni chahiye tbhi hum is me acha profit earn kr skty hn...


BEARISH HOMING PIGEON CANDLESTICK PATTERN:

Dear members forex market me Bearish homing pigeon candlesttick pattern downtrend trsding k ly use hota ha.r usky sth sth ye psttern huy resistance area deta ha. R resistance level k bullish k sth jb ye special candle bnti ha. To humy wahan se bht acha signal milta ha. Usky bad resistance area se humri trade Active ho jti h. Yo humy downtrend se achi trsde kr k faida uthana chahiye..


IDENTIFICATION OF HOMING PIGEON CANDLESTICK PATTERN::

Dear members forex market me homing pigeon candlesttick pattern ek important Candlestick pattern ha is ki sb se important bt ye hoti ha ye two candles se mil kr bnta ha jis me dono candles blck hoti hn..

First candle:
Is pattern ki First candle ling real body ki black candle bnti ha jo k most important candle hoti ha forex trading me .

Second Candle:
Is pattern ki second candle small real body ki hoti ha. Homing pigeon candlesttick pattern ek reversal pattern hota ha. R ye pattern low trend ya bearish down trend me bnta ha..


STOPLOSS & PRICE TARGET:

Dear members forex market me patteen k enter hony k bsd agr prices increase hoti hn To ye taizi se ulat jany ki confirmation hoti ha. Ek trader long position me enter ho skta ha. R pattern k km se nichy stoploss ko rkh skta h. Trend reversal k tor pr usy dosri Candlestick k nichy rkh skty hn. Jo k akser first Candlestick se ziada hogi. Agr koi trader nichy k downtrend ko continue rkhny k ly patten ko use kry To wo prices ko form bnny k ly prices k increse hony ks waot kry gs.
R isi trah hhmy chshiye hum apni trading pe stoplosz r trailing stop order ko place kr den jis se agr bumy profit ns hua to loss b ni hoga r hum trsde se out ho. Jae r trailing stop r stoploss automatically close kr deta ha...

Re: Importance Of " Homing Pigeon Candlestick Pattern" in trading..

Bullish Homing Pigeon

Bullish Homing Pigeon pattern do (2) candles par mushtamil aik bullish trend reversal pattern hai, jab ye bearish trend ya low price area me paya jata hai. Ye pattern bearish trend continuation (tasalsul) ka bhi kaam karta hai, agar ye pattern market k qeematon k darmeyan me paya jaye to. Pattern me shamil dono candles black hoti hai, jis me 1st candle aik bari real body wali hoti hai, jab k 2nd candle aik small real body wali hoti hai. Pattern ki khas baat ye hai k is me 2nd candle 1st candle k real body k bulkul mid (center) me banti hai.



Pattern ki Pehchan k Rules:

1. Bullish Homing Pigeon aik bullish reversal pattern hoga agar ye pattern low price area ya bearish trend k baad banta hai.
2. Pattern agar market k qeematon k darmeyan me banta hai to ye bearish trend continuation pattern ka kaam karega.
3. Pattern do (2) black candles par mushtamil hota hai.
4. Pattern ki 1st candle aik bari black real body wali bari candle hoti hai.
5. Pattern ki waja 2nd candle small black real body wali hoti hai.
6. Pattern ki 2nd small black candle 1st black candle k bulkul midpoint (center) me banti hai.

Pattern ki Tafseel:

Bullish Homing Pigeon pattern aik aisa pattern hai, jo k trend reversal ka kaam bhi karta hai aur trend continuation ka bhi. Agar ye pattern low price me banta hai to ye bullish trend reversal ka kaam karta hai, jab k qeematon k darmeyan me banne par ye bearish trend k tasalsul ka kaam karta hai.
Homing Pigeon pattern me do black candles hoti hai, jis me shamil 1st black candle aik bari real body wali hoti hai, aur us k baad banni wali 2nd black candle aik small real body wali hoti hai. 2nd black candle ki open aur close 1st black candle ki open aur close se kam hoti hai. Yani 2nd black candle 1st black candle k real body me open bhi hoti hai aur close bhi. Isi tarah se 2nd black candle ki high aur low price bhi 1st black candle k high aur low price se kam hota hai.

Pattern pe Trading:

Bullish Homing Pigeon pattern pe dono (buy aur sell) tarah se trading ho sakti hai. Pattern pe trading se pehle humen is pattern ki market me position malom karni hogi. Agar Homing Pigeon pattern market ki darmeyan me banta hai to ye bearish trend k continuation ka kaam karega, is waja se traders ko yahan pe "sell" ki entry karni chaheye, lekin agar ye pattern low price area me banta hai to is position pe traders ko "buy" ki entry karni chaheye.
Pattern pe trading se pehle confirmation signal ka hona zarori hai, is waja se traders ko 3rd candle ka intezar karna chaheye. Market me buy ki entry k leye 3rd candle "white" hogi, jab k sell ki entry k leye 3rd candle "black" hogi. Buy signal pe stop loss 1st black candle k lowest side pe hoga, jab k sell ki entry k lye 1st black candle k highest price pe hoga.

Bearish Homing Pigeon / Descending Hawk Pattern

Bearish Homing Pigeon Pattern ko "Descending Hawk Pattern" bhi kaha jata hai, jo k aik trend reversal pattern hai jo k market k low price area ya bullish trend k baad banta hai. Pattern do same color k white ya bullish candles par mushtamil hota hai, jis me 1st candle aik bari real body wali white candle hoti hai, jis k baad banni wali 2nd candle bhi same white hi hoti hai, lekin ye aik small real body wali candle hoti hai. 2nd candle ki open aur close 1st candle k real body k andar hota hai.

Pattern ki Pehchan k Rules

1. Bearish Homing Pigeon Pattern k leye qeematon ka pehle se low area ya bearish trend me hona chaheye.
2. Pattern ki 1st candle aik bari real body wali white candle hoti hai.
3. Pattern ki dosri candle bhi real body wali white candle hoti hai.
4. Pattern ki 2nd candle 1st candle k body k andar open aur close hoti hai, yani ye aik small real body wali white candle hoti hai.

Pattern ki Tafseel

Bearish Homing Pigeon Pattern aik trend reversal pattern jo k "Bearish Harami Cross Pattern" aur "Bearish Harami Pattern" se melta julta hai, lekin faraq 2nd candle ki pattern aur color me hota hai. Beariah Homing Pigeon pattern me 1st candle aik bari real body wali white candle hoti hai, jis ko aik small real body wali white candle follow karti hai. 2nd small candle k open, close, low aur high sab point 1st candle k real body k andar hote hen. Bearish Harami me 2nd candle black ja k Bearish harami cross me 2nd candle doji star hoti hai.

Pattern pe Trading

Bearish Homing Pigeon Pattern ki trading bhi bearish harami pattern ki tarah hoti hai. Ye aik trend reversal pattern hai, is waja se ye humen sell signal ka ishara deta hai. Pattern k confirmation 3rd black candle se hoti hai, jo k 2nd white candle k baad banti hai. Entry point bhi 3rd candle k baad hoti hai. Stop loss 1st white candle k top pe hoga.