Candles Setup

• Bearish Engulf
• Bullish Engulf
Candle Sticks – Trend Catching
• M 15 candles
• Just check for patterns
• Expiry days - Mostly correction - Open up, down, opens down, will
continue to go down...many a times PE is the trade on Expiry days
Doji Opening
• Trade the breakout of Doji, best trade
3 Bar - Green
• Look for more than 3 Red Bars – M5 candles
• Look for a Green Bar and when the price goes below the Green
Candle, take the trade
• Works best in Down Trend
Red Opening

Gap Up or Down does not matter

1. Red Candle
2. Green Candle – CE Buyers trap
3. Red, closes below Green closing

Enter into PE after 3rd candle closes below Green and wait for
2X – 4X returns – Enter trade at 10:00am

Red Opening and Red Followup

Gap Up or Down does not matter

1. Red Candle
2. Red Candle
3. Green Candle at times, but does not matter

Enter into PE after 2nd Candle closes below 1st candle and wait
for 2X – 4X returns – Enter trade at 9:45am
Green Opening

Gap Up or Down does not matter

1. Green Candle
2. Red Candle – Closing below green candle
3. Even if there is bounce will not cross the 2nd candle

Enter into PE after 2nd candle closes below Green and wait for
2X – 4X returns – Enter trade at 9:45am

RED Opening

Gap Up or Down does not matter

1. Red Candle
2. Green inside bar
3. Green Inside to small outside bar
4. Big Red Candle Engulfing previous greens

Enter into PE after 4th candle closes as an Engulf and wait for 2X
– 4X returns – Enter trade at 9:45am
All 3 above are Bearish Setup

Gap Up or Down does not matter

1. Look for Breakdown on Red Candle

2. Enter when there is a Breakdown on Red Candle
All 7 below are Bearish Setup
All 7 below are Bullish Setup
Reversal Setup

Reversals usually around 11:00 – 11:30 – 12 Noon and 2:00 – 2:30pm

Opens with any color, creates smaller candles and when an Opp color breaks that take a
trade