The Strat Patterns is a trend trading method that uses the method of aligning the prices on different timeframes and then trading in that direction.  Most of the traders will know that Trend is Your Friend. It’s reality. It is straightforward to follow trend…

A candlestick is an indicator that shows the open, high, low and closing prices of the financial market on the trading chart.

There are three scenarios in the strat patterns that explain everything about entry, exit and holding a trade.

Introduction  Hammer is a candlestick Pattern in which a small body forms at the upper end of the candlestick’s range with a long lower shadow/wick at least three times the length of the body. It is a bullish reversal candlestick pattern. After the formation…

Definition Doji is a candlestick pattern with the same opening and closing price on the chart. It represents the indecision in the market and sideways market conditions.  When a doji candlestick forms on the chart, it confirms to the retail traders that the…

Introduction  Shooter is a candlestick pattern in which a small body forms at the lower end of the candlestick’s range and a long upper shadow. The upper shadow should be at least three times the length of the body. It is a bearish reversal candlestick pattern…

Definition When neither side of the previous candlestick is taken out by the current candlestick then it makes scenario 1 on the candlestick chart. It is also known as the inside bar. There are three major scenarios that are the building blocks of the market…

When only one side of the current candlestick is taken out by the previous candlestick, scenario 2 on the chart occurs. This scenario shows the market trend. From the three scenarios of the strat patterns, scenario 2 tells us about the market’s trend, either…

When the current candlestick takes out both sides of the previous candlestick, then it means scenario 3 has been formed on the chart. It is also known as the engulfing pattern or outside bar in trading. In the strat patterns, scenario 3 tells about the expansion…