Outside followed by inside bar is one of the best pattern to trade.

What does outside bar means?
- Outside bar is when current candle high > previous candle high & current candle low < previous candle high

(1/n)

What does inside bar means?

- Inside bar is when current candle high < previous candle high & current candle low > previous candle low.

(2/n)
What to interpret from outside bar?

- When we get outside bar which means neither buyer nor seller are in control.
- When we get outside bar, we should wait for the follow through/confirmation in next candle.

(3/n)
What to interpret from inside bar?
- volatility is getting compressed.
- both buyers and sellers are waiting for next trigger to create fresh position/ close their existing positions.

(4/n)
What to interpret from OB+IB pattern?

- this is one of the best formation we can get to take a trade.
- Outside bar + Inside bar = Rejection on both side + compression of volatility.

(5/n)
Once this formation happens, how to trade?

- When such formation happens all we need to do is buy above inside bar high with stop below inside bar low & sell below inside bar low with stop of inside bar high.

(6/n)
When does this formation fails?

- this formation fails if we again get OB after formation of (OB+IB).

(7/n)
Why this formation is better than inside bar alone?

- In (OB+IB) pattern we have already seen rejection on both sides before volatility compression so here chances of rejection of breakout is less compare to inside bar alone (as shakeout already happened before breakout)

(8/n)
Understand one fact, market is supreme so whenever stops get triggered close the trade instead of holding losing position in hope.

Respect the risk and market will reward you.

For examples kindly scroll my timeline u would get it.

(n/n)
Few examples links

https://t.co/1JFVNBzz0i

https://t.co/kOYK3h5sbT

https://t.co/4d06UK4qeg

More from Pathik

More from Stocklearnings

Compilation of the best learnings from @BankniftyA through his tweets.

Have compiled his:

1. Expiry day trading.
2. Trade logics.
3. Multiple Charts analysis.
3. BTST criteria for stocks.

Share if you find it helpful so that everyone can benefit.

A pdf of his moneycontrol article where you can read about his journey and how he trades.


Advice on how to not let your mood influence your decisions.


Expiry day Trading:

How to become better?

When I had spoken to him on phone he advised me to backtest all expiries and rigorously practice them again and again to develop conviction. Superb advice!


Acts based on support and resistance levels from charts
12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili

Share for the benefit of everyone.

Here are the setups from @Pathik_Trader Sir first.

1. Open Drive (Intraday Setup explained)


Bactesting results of Open Drive


2. Two Price Action setups to get good long side trade for intraday.

1. PDC Acts as Support
2. PDH Acts as


Example of PDC/PDH Setup given

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I just finished Eric Adler's The Battle of the Classics, and wanted to say something about Joel Christiansen's review linked below. I am not sure what motivates the review (I speculate a bit below), but it gives a very misleading impression of the book. 1/x


The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x

Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x

The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x

It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x