{"id":218061,"date":"2022-06-08T12:27:37","date_gmt":"2022-06-08T11:27:37","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=218061"},"modified":"2024-05-24T18:18:10","modified_gmt":"2024-05-24T17:18:10","slug":"what-is-marubozu","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/what-is-marubozu\/","title":{"rendered":"What is Marubozu?"},"content":{"rendered":"<p>Hi Everyone,<\/p>\n<p>In today&#8217;s live session we went through a key term that most of our members haven&#8217;t heard of or come across.<\/p>\n<h2>What is MARUBOZU?<\/h2>\n<p>Marubozu is a Japanese word for Dominance. In FX terms it&#8217;s basically a very powerful candle.<br \/>\nThey have a long body with a small or no WICK at all.<br \/>\nThe significance of the candle basically tells us that the pair or stock traded strongly during that session giving us a clue in which direction it might head in.<\/p>\n<p>Below is an example of a Marubozu candle. A recent example of an FX pair is the EURGBP on the weekly candle close last week. Check the video, I explained why I would be cautious shorting the pair.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-49708\" src=\"https:\/\/www.forexmentorpro.com\/members-area\/wp-content\/uploads\/2022\/06\/Marubozu-300x192.jpg\" alt=\"Marubozu\" width=\"300\" height=\"192\" title=\"\"><\/p>\n<p>Picture courtesy of bullishbears.com<\/p>\n<p>You can read more on the candle sticks on the below webpage. We also have a small mini course on our own website for candlesticks and all the other tools that we use in forex.<\/p>\n<p><a href=\"https:\/\/www.learnstockmarket.in\/technical\/marubozu-candlestick\/\" target=\"_blank\" rel=\"noopener\">Marubozu<\/a><\/p>\n<p>I.e. Fibonacci, bollinger bands, MACD divergence and much more. Also remember that these are just indicators and are not a 100% guarantee of where price will head next, so we only use them to help us determine what might happen next.<\/p>\n<p><strong>Forex is a game of probability.<\/strong><\/p>\n<p>You can watch me explaining this key term in the video below<\/p>\n<p><iframe src=\"https:\/\/player.vimeo.com\/video\/718237690?h=e33ac925aa\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>To get early access to these posts you need to be a member of Forex Mentor Pro.<\/p>\n<p>We also share our trade ideas in advance with our members in our weekly blog post and also in the our private forum.<\/p>\n<p>We are NOT a \u201ctipping service\u201d our aim is to teach you how to trade for yourself.<\/p>\n<p>You can sign and have access to our full course using the link below. Also we do a 14 day free course trial if you are interested in doing so before buying it.<\/p>\n<p><a href=\"https:\/\/www.forexmentorpro.com\/blog\/mw-post\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/01\/728x90-.jpg \" alt=\"\" title=\"\"><\/a><\/p>\n<p>Kind regards,<\/p>\n<p>Ashley<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hi Everyone, In today&#8217;s live session we went through a key term that most of our members haven&#8217;t heard of or come across. What is MARUBOZU? Marubozu is a Japanese word for Dominance. In FX terms it&#8217;s basically a very powerful candle. They have a long body with a small or no WICK at all. [&hellip;]<\/p>\n","protected":false},"author":2054,"featured_media":218064,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_lock_modified_date":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-218061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-articles"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/218061"}],"collection":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/users\/2054"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=218061"}],"version-history":[{"count":3,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/218061\/revisions"}],"predecessor-version":[{"id":218075,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/218061\/revisions\/218075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/218064"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=218061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=218061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=218061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}