Je dear ham es topic ma outside bar forex trading ko discuss karyn gy. Ye easy hai or esko asani sy chart ma talash kiya ja sakta hai or es k bhot simple trading rules b hain. New forex trader b es ko asani sy use kar sakty hain. Out side bar ka concept inside bar ki tarha he hai but ye pattern usk opposite hota hai. Ye 4hr time frame or daily time frame ma zayada tar nazar ata hai. Ye kisi b currency pair or commodities par asani sy spot kiya ja sakta hai. Or esko find karny k lae kisi indicator ki zarurat ni hai.
Outside bar pattern.
Outside bar pattern 2 candlesticks pe mustamil hota hai. Outside bar k high or low es sy pehle wali bar ko over shadow karty hain. Out side bar ko ham bullish engulfing or bearish engulfing patterns k names sy b janty hain.
Outside bar pattern rules.
1. Bullish outside bar ki sorat ma ham 2 to 5 pip previous candle k high point sy buy stop ka order set karty hain or bearish outside bar ki sorat ma ham 2 to 5 pip pechli candle k low point sy sell stop ka order place karty hain.
2. Ese tarha stop loss ham asy set kar sakty hain. Agr buy stop sy order open kiya hai to stop loss pechle candle 2 to 5 pip low sy dor set karna ho ga or agr sell stop ay order open kiya hai to hamy stop loss pechle candle k 2 to 5 pip above high set karna ho ga.
3. Profit target set karny k lae apk pass kuch options hoty hain. Start ma ham profit target 50 pip set karyn or phr ham esko 3 time mazeed agy b move kar sakty hain.
4. Best management technique ye hai k ham trail stop use karyn. Agr buy ka order hai to trail stop low k pehcy set kiya ja sakta hai. Or agr sell ki trade hai to trail stop ko previous candle k high point par set kar sakty hain. Es strategy sy ap kuch profit lock karny ma kamyab ho sakty hain.
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