1 00:00:00,700 --> 00:00:08,170 So how to trade in diesel candles, although indusind candles in itself, they do not convey any direction, 2 00:00:08,440 --> 00:00:11,830 but yes, they can be excellent price signals. 3 00:00:11,840 --> 00:00:15,900 How let's see, because there will be many such candles on the chart. 4 00:00:15,910 --> 00:00:17,410 We do not have to trade all of them. 5 00:00:18,790 --> 00:00:23,960 In order to trade the IndusInd candles, we have to look for succeeding candles. 6 00:00:24,730 --> 00:00:27,390 What is the next candle to the candle? 7 00:00:28,540 --> 00:00:36,050 If it is supporting trend reversal, then in this case, we have to use filters and enter into trade. 8 00:00:36,400 --> 00:00:37,780 What do I mean by this? 9 00:00:38,140 --> 00:00:38,950 Let's understand. 10 00:00:38,950 --> 00:00:46,170 Using an example, say, for example, market is falling. 11 00:00:47,140 --> 00:00:49,600 For example, this is what is happening. 12 00:00:49,990 --> 00:00:55,180 And here we get a dodgy. 13 00:00:57,630 --> 00:01:00,850 Now, this is an indecent candle. 14 00:01:00,870 --> 00:01:05,910 We are not treating this scandal immediately, what we have to see is next scandal. 15 00:01:06,540 --> 00:01:14,430 If next scandal is, say, for example, a bullish one, if you get something like this, long bullish 16 00:01:14,430 --> 00:01:15,780 scandals like this. 17 00:01:17,180 --> 00:01:18,140 This is a bully scandal. 18 00:01:18,500 --> 00:01:20,630 OK, let's print it with green. 19 00:01:21,540 --> 00:01:22,940 This is the bully scandal. 20 00:01:25,350 --> 00:01:25,800 And. 21 00:01:27,270 --> 00:01:29,130 What is it indicating? 22 00:01:29,430 --> 00:01:34,130 It is indicating that trend reversal, the existing trend is bearish. 23 00:01:34,140 --> 00:01:39,440 One dodgiest, Dudi, indicates that sellers are exhausted. 24 00:01:39,910 --> 00:01:46,920 OK, how this dodgy will get from it will get form if market rates like this, that this is how you 25 00:01:46,920 --> 00:01:52,470 get your dog and the next scandal is bullish, one which is supporting the trend reversal. 26 00:01:52,500 --> 00:01:59,310 We are trying to reverse the trend and we are expecting that market will trade in this direction. 27 00:01:59,610 --> 00:02:03,710 If this is happening, then you can enter into this trade. 28 00:02:03,720 --> 00:02:06,460 You can buy, but will you buy directly? 29 00:02:06,480 --> 00:02:08,580 No, we have to use filters. 30 00:02:08,880 --> 00:02:11,100 We have to use filters like risk reward. 31 00:02:11,550 --> 00:02:20,400 We are to use filters like volume, support, resistance, trend line, etc. then only we have to enter 32 00:02:20,400 --> 00:02:21,330 into this trade. 33 00:02:21,750 --> 00:02:25,190 So I hope you have understood the meaning of last sentence. 34 00:02:25,200 --> 00:02:29,060 This is very important if it is supporting trend reversal. 35 00:02:29,340 --> 00:02:35,250 OK, so when it is falling, dodgiest come next candle is green one, then it is supporting trend reversal. 36 00:02:35,280 --> 00:02:39,930 Then we have to use filters which I have told you previously and trying to trade. 37 00:02:40,620 --> 00:02:49,080 If you ask me, I prefer to stay away from IndusInd Candles because you will get many of the bullish 38 00:02:49,080 --> 00:02:57,360 or bearish candlestick patterns which have much more higher probability of success as compared to IndusInd 39 00:02:57,360 --> 00:02:57,900 Candles. 40 00:02:58,890 --> 00:03:05,400 So I prefer bullish or bearish candlestick patterns as compared to IndusInd Candles. 41 00:03:05,400 --> 00:03:12,420 But yes, if somebody wants to take and take trades on the basis of indecent candles, this is how you 42 00:03:12,420 --> 00:03:13,290 can make them.