Review of "Forex Trading strategy based on Homing Pigeon Candlestick Pattern".

AOA.

Forex chart ma different trading pattern exist karty hain. En patterns ki main two types hoti hai. Kuch pattern market kay continuation move ko or kuch pattern market kay reversal move ko show karty hain. Agr generally bat karyn to har pattern market ki ik khas story ko depict karta hai. Agr profit hasil karna hai to es story ko understand karna ho ga or es understanding kay laye en pattern ko assume karna hota hai. So en pattern ko wastage of time ni samajna chahe balky enko trading ma importance deni chahe.



Description of Homing Pigeon Candlestick formation.

Homing pigeon candlestick formation ik asa pattern hai jo two candlestick par mustamil hota hai or es ma first large candlestick form hoti hai or second candlestick small hoti hai or ye pehle candlestick ki body kay andar he create hoti hai. Both candlesticks kay colour ki bat ki jaye to enka colour same he hona chahe. Ye pattern hamy mahlomat deta hai kay market ka current move weak ho chuka hai or market apna move badalny karny wali hai.

Situation of the development of pattern.

Es fotmation ma jb first candlestick create hoti hai jo kay agr forexample reddish bani hai to eska maleaning hota hai kay market ko bearish trend ny control kar leya hai. Agly session ma price previous session kay closing point sy gap up sy open hoti hai or previous day ki candlestick ki body kay inner he close ho jati hai. Esa serf previous session ki taqat ki waja sy hota hai. So ye rectify karta hai kay market ka down ward trend end hony wala hai. So agr trader ny trade ko carry kar rakha hai to ab time hai esko munasib spot par end kar deya jaye.



Flexibility of the Homing Pigeon Formation.

Homing pigeon formation zayada flexible ni hota. Ye pattern harami candlestick formation ki tarha hai but es ma ik difference hai k ye two candlesticks par mushtamil hota hai. Bhot sary patterns ki tarha ye pattern bi price target ki provision ko carry ni karta. Ye bi ho sakta hai kay price tezi sy move kar jae or asa bi ho sakta hai kay serf kuch pips ki he directional move ho. Price target kay lae trader ko risk reward ratio method ko estamal karna chahe.

Setting of stop loss in homing pigeon formation.

Trade open karny sy pehle market kay har possible move ko zehan ma rakhna chahe. Matet agr es pattern kay bad market bullish side ma move kar jae to asi condition ma hamy stop loss homing pigeon formation kay low point par implement karna chahe. Agr trader es pattern ko downward continuation kay tor par utilize karna chahty hain to enko tb tak intazar karna chahe jb tak market price homing pigeon formation kay below move na kar jae or es condition ma unko stop loss homing pigeon ka highest point par implement karna chahe.

Re: Review of "Forex Trading strategy based on Homing Pigeon Candlestick Pattern".

Homing pigeon candlestick pattern.
Friends homing pigeon candlestick pattern aik bahut he khas candlestick pattern hay jo chart per amooman occur hota hay aur is day traders prediction laity hain. Homing pigeon pattern bullish and bearish both trends main ban sakta hay. Is liye yeh aik common pattern hay. Yeh pattern baz dafa ban kar trend ko same direction main move karwata hay aur baz dafa reversal ka bais banta hay. Is liye is pattern kay na sirf mukamal hony ka wait karain balkeh iski identification kay bad next price period per focus karain tab he trading opportunity mil saky gi.





How to identify Homing Pigeon pattern.
Yeh pattern only two candlesticks per mushtamil hota hay. Yeh pattern bullish aur bearish donon moments main price consolidation karty huye banta hay is liye isko identify karna important hay. Homing pigeon ki first candlestick long body per banti hay jab keh next candlestick bhi same colour main laikin first candle stick kay closing say above ya below nai jati aur pattern ko mukamal karti hay. Iskay bad next candlestick banti hay jo keh previous trend he continue rehta hay. Pattern ko ager proper identify kar lia jaye to trader yahan say achi earning kar sakta hay.

How to use homing pigeon pattern in trading.
Homing pigeon candlestick pattern ager trader in time identify kar lay aur isky bad isko confirm bhi kar lay to is main effective trading mumkin hay. Q keh yeh long trend continues karny ka sabab banta hay. Bullish formation main ager yeh bany to trader ko RSI value check karni chahiye jo keh 30 say 70 kay darmian hon. Tab trader ko market range maloom ho jati hay aur woh yahan buy order say profitable trading kar sakta hay.

Re: Review of "Forex Trading strategy based on Homing Pigeon Candlestick Pattern".

yes dear, forex main pairs aur market ki moving kay baray main guidance kay liay candlestick pattern ko use kia jata ha, in patterns main sa Homing pigeon two candlestick par mabni pattern hota hay jo market ki reversal ko show karta hay, ye pattern generaly downtrend ma banta hay aur upcoming reversal ko predict karta ha,

formation and features of pattern:



Homing pigeon candle stick pattern two candles sa mil kar banta ha jo bearish hoti hain, first candle ki real body 2nd candle sa large hoti hay aur pehli candle na dusri candle ki body ko totaly cover kia hota ha aur ye first candle kay mukablay main small trading range ko zahir kar rahi hoti ha, jis say downtrend ki power kamzor honay ki information milti ha aur market main buyers kay anay ki indication milti hay,

criteria to identify this pattern:





pattern ko simply identify kia ja sakta ha kiun kay ye downtrend ma form hota ha aur is main two red candles hoti hain, is liay traders ko in two candles ko observe karna chaiay, first candle second sa bari hoti ha lakin dono candles ki length short ya long ho sakti hain, pattern boht important hota hai aur hum is pattern ko bht hi easily analyse kar sakty hn, is liay hamain is ko thek tarah samajhnay ki koshish krni chaiay tab hi hum is ko identify karnay main kamyab hon gay, lihaza is main successful hony kay liay hamain chaiay kay hum mehnat karain aur demo main practice karain aur market ki moment ko thek predict kar kay benefits hasil karain.

Trading techniques and importance:



ye pattern hamain pairs kay resistance area par observe hota hay, is area pay bullish kay sath aik special candle banti hay jo hamaini ak best aur acha signal daiti hay, us kay bad resistance level say hamari trade start ho jati hai is tarah hmari trade kafi achi hoti hay, pattern main traders long position kay liay enter hotay hain, stoploss ki aham position pattern kay low point ko smjha jata ha, is main second candle kay low point par bhi stop loss set kia ja sakta ha, traders ko ye baat bhi samajhni chaiay kay ma rakhni chaiay kay yeh pattern price target kiay baray main nhi btata, is liay traders ko proper risk manage kar kay trading karni chaiay aur pattern ki confirmation kay liay agli candle kay close honay ka wait karna chaiay aur pattern kay low position par anay kay baad market ma entry ki koshish karain, ta kay acha entry point mil sakay