How to use the Inside Bar Candle Strategy? 📉

Let's Find Out. ⤵
A Thread! 🧵 (1/9)
An Inside Bar pattern is a two-bar price action trading approach with the inside bar being smaller and falling within the prior bar's high-low range (popularly known as the mother bar).
(2)
While using the strategy, remember this: ⤵
(3)

#finance #stockstowatch
1️⃣Select the appropriate time frame

Any time frame lower than the daily chart should be avoided.
(4)
2️⃣Performs exceptionally well in a market that is currently trending.

The only way to trade an inside bar setup is to trade with the trend.
(5)
3️⃣Pattern Breakout Inside Bar Setup

The best inside bar setups appear shortly after a breakthrough from a previous pattern.
(6)
4️⃣Mother candle and inner bar candle sizes

The inside bar should ideally form within the upper or lower half of the mother bar
(7)
5️⃣The inside bar pattern aids in the detection of trend changes.

The inside bar candlestick pattern is quite useful since it indicates that the market is no longer as bullish or bearish as it was previously.
(8)
▶ Find out more about the pattern on
(9/9)
blog.finology.in/stock-market/i…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Recipe by Finology

Recipe by Finology Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @myfinology

May 11
World's largest Cement Company, Holcim plans to quit the Indian market?

A detailed 🧵 on

- The reasons
- It's impact on Indian Cement Industry
- Who are the potential buyers?

#stocks #investing
Holcim is a Switzerland-based building materials conglomerate & world leader in cement manufacturing.

The company holds 63% in Ambuja Cement which in turn holds 55% in ACC. It also has an individual stake of 5% in ACC.
The company has been dominating Indian market for 17 years but now it's planning to exit India which means it will sell it's stake in Ambuja Cement and ACC Ltd!

But why it's doing so? Is profitability a concern?
Read 14 tweets
May 10
Investing lessons from one of the greatest investors of all time and the ultimate bargain hunter 💡

Sir John Templeton ⤵️

(1/17)

#StockMarket #investing
1) Invest for maximum total real return

This means check the return on your capital after adjusting for taxes and inflation.

Eg : If you park your money in a FD generating 6% return then actual return is not 6% as inflation would reduces your purchasing power.

(2/17)
2) Invest – don't trade or speculate

99% of the time, doing nothing is the best thing to do in market as the average investor who invests for long term will make same or more money than the one who is actively looking at the ticker to hunt trading opportunity.

(3/17)
Read 17 tweets
May 9
Credit Card VS Personal Loan

Which is better? Let's Find Out. ⤵

A Thread! 🧵 (1/8)
1️⃣Personal Loan

A personal loan is an unsecured loan to meet personal expenses.
(2)
#stocks #stockstowatch #finance
👉Pros
• Easier to repay
• Minimum document
• Easier to manage
(3)
Read 8 tweets
May 9
Indian Rupee falls to all-time low against US dollar 😲

What does it mean for Common Man? ⤵️

#Rupee #stocks
The primary impact of rupee depreciation is on country's imports, as it becomes more expensive.

This is because it takes more rupees to pay for the same quantum of imports.

Also, this has direct impact on your monthly budget.⤵️
- Cost of your necessities-

Crude oil, fertilizers, medicines and iron ore, which India imports in large quantities will get costlier with fall in rupee value

Though these items are not for your daily consumption, they still have impact on our finances.

How?⤵️
Read 14 tweets
Apr 26
17 Brutal Truths About Investing 😲

1) 80% of gains come in 20% of time. So an investor needs enormous patience and conviction to hold stocks or Mutual funds for 10 or 20 years.

2) Investors are human. That's why markets would never be fully efficient.
3) Why not all investors get rich? They like to get rich without going through many years of discipline and patience. Process leads to outcome.

4) An inferior strategy you can stick with is likely to produce better results than a superior strategy you can't stick with.
5) Compounding is back loaded. It works well only over a longer period of time. There is no substitute for time in compounding.

6) 99% of the time, doing nothing is the best thing to do in market. It is good to be a Rip Van Winkle investor. Activity hurts. Sit still.

#investing
Read 11 tweets
Apr 26
Is inflation always bad for the economy? 🤔

Let's find out in this thread ⤵️
Inflation is viewed as a warning sign of a suffering economy by some, while it is viewed as a sign of a thriving economy by others.

But what does it actually mean? ⤵️
Mostly the term "inflation" is used to characterize the economic impact of rising oil or food prices.🛢️📈

If the price of oil rises from $75 to $100 per barrel, input prices for a factory would rise, as well the transportation expenses which will affect the final goods.
Read 16 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(