How to analysis and Trade with Bearish Harami Pattern

In this blog, we will see about the Bearish Harami Pattern, which is one of the Japanese candlestick charting techniques. We will deeply describe the Bearish Harami Pattern formation, structure, theory, and  techniques to analyze and make profit with this pattern.

You will learn more about the Bearish Harami Pattern in detail, which you could use in your trading technique. So read the full blog to get a better understanding of the pattern and techniques. Let’s dive into the concept.

Introduction of Bearish Harami Pattern

The Bearish Harami Pattern is a trend reversal pattern. It is formed on the Low Trend in the chart. So the prior trend should be a downtrend. If this pattern is formed in the High trend, it has the possibility that this pattern will work 80% in the market. 

Bearish Harami is a multiple candlestick pattern. It has two candlestick formations. The first candle is a bull candle and second is a bear candle. Now if you see in the above image, the first bull candle covers the second candle body fully. So it forms like a harami candle that shows us the market is going to reverse.

If you see in the above image, there is a Spinning Top formation at the low trend. So as per the single candlestick pattern theory of Spinning Top formation, the market is going to reverse. Then we also got confirmation that there is also a bear harami pattern is formed. Overall we have strong confirmation that the market will definitely move down.

Theory of Bearish Harami Pattern

Now we will be analyzing how the market will perform in this pattern. And how to analyze and take trade with this pattern.

As you see in the above image the Bearish Harami formed in the high trend. Then you can also see that there is a Shooting Star formation. Before these patterns were formed there was an uptrend. You can see that the market has full control over the buyers and reached the high price. Then the seller pushed the market for the reversal at the resistance level. This pattern should be formed in a higher timeframe. Then we can also analyze this pattern in the inner timeframe to check for structure formation. So we can take a Sell Entry in the next running candle.

Confirmation of Bearish Harami Pattern

If the next candle of the Bearish Harami breaks the previous support trend line, we can get confirmation that the market is going to fall. So we can take a sell entry to make a profit.

Entry for Bearish Harami Pattern

The Entry for the Bearish Harami Pattern will be between the running candle open price and the previous candle low price by analyzing in the inner timeframe to take entry in the sell range as shown in 1.

If the pattern is formed as shown in 2, you make an entry by analyzing the inner timeframe and entry at the resistance level.

Note: For taking entry you should always analyze the 15 min or lesser timeframe. You should take an entry on the cheapest price, so you can make a huge profit.

Stop Loss for Bearish Harami Pattern

The Stop Loss for Bearish Harami Pattern will be the low price of the anyone of the Bearish Harami as shown above image.

Steps to check before taking the entry with this pattern.

Step 1: Search for the Bearish Harami pattern in the higher time frame. 

Step 2: Check if the pattern is in a high trend and the prior trend should be an uptrend.

Step 3: Check whether the bear harami is formed correctly. And you also check the 2nd candle that shows any single candlestick pattern.

Step 4: Check the structure formation if any in the inner timeframe of the pattern. If you get the perfect structure move on to the next step.

Step 5: Set entry and stop loss level as discussed in theory and execute the trade.Step 6: Check for confirmation that the previous resistance line is broken, we also got confirmation that it is on a high trend, and the second candle also has a reversal pattern, so the market will surely move down and we can make a huge profit.

Conclusion

In the overall analyze, this pattern shows us the possible reversal of the trend. For more in depth understanding and learning, you can contact classroom of traders to get more knowledge in stock market trading.

To know more, Click here…

How to analysis and Trade with Bullish Harami Pattern

In this blog, we will see about the Bullish Harami Pattern, which is one of the Japanese candlestick charting techniques. We will deeply describe the Bullish Harami Pattern formation, structure, theory, and  techniques to analyze and make profit with this pattern.

You will learn more about the Bullish Harami Pattern in detail, which you could use in your trading technique. So read the full blog to get a better understanding of the pattern and techniques. Let’s dive into the concept.

The Bullish Harami Pattern is a trend reversal pattern. It is formed on the Low Trend in the chart. So the prior trend should be a downtrend. If this pattern is formed in the low trend, it has the possibility that this pattern will work 80% in the market. 

Bullish Harami is a multiple candlestick pattern. It has two candlestick formations. The first candle is a bear candle and second is a bull candle. Now if you see in above image, the first bear candle covers the second candle body fully. So it forms like a harami candle that shows us the market is going to reverse.

If you see in the above image, there is a Hammer Pattern formation at the low trend. So as per the single candlestick pattern theory of hammer formation, the market is going to reverse. Then we also got confirmation that there is also a bull harami pattern is formed. Overall we have strong confirmation that the market will definitely move up.

Theory of Bullish Harami Pattern

Now we will be analyzing how the market will perform in this pattern. And how to analyze and take trade with this pattern.

As you see in the above image the Bullish Harami formed in the low trend. Then you can also see that there is a Spinning Bottom formation. Before these patterns were formed there was a downtrend. You can see that the market has full control over the seller and reached the low price. Then the buyer pushed the market for the reversal at the support level. This pattern should be formed in a higher timeframe. Then we can also analyze this pattern in the inner timeframe to check for structure formation. So we can take a Buy Entry in the next running candle.

Confirmation of Bullish Harami Pattern

If the next candle of the Bullish Harami breaks the previous resistance trend line, we can get confirmation that the market is going to rise. So we can take a buy entry to make a profit.

Entry for Bullish Harami Pattern

The Entry for the Bullish Harami Pattern will be between the running candle open price and the previous candle low price by analyzing in the inner timeframe to take entry in the buy range as shown in 1.

If the pattern is formed as shown in 2, you make an entry by analyzing the inner timeframe and entry at the support level.

Note: For taking entry you should always analyze the 15 min or lesser timeframe. It shows how much cheaper you can buy or sell the script according to your analysis.

Stop Loss for Bullish Harami Pattern

The Stop Loss for Bullish Harami Pattern will be the low price of the anyone of the Bullish Harami as shown above image.

You can also make a Trailing Stop Loss as the market goes above by drawing a support line as shown in the above image.

Steps to check before taking the entry with this pattern.

Step 1: Search for the Bullish Harami pattern in the higher time frame. 

Step 2: Check if the pattern is in a low trend and the prior trend should be a downtrend.

Step 3: Check whether the Bull Harami is formed correctly. And you also check the 2nd candle that shows any single candlestick pattern.

Step 4: Check the structure formation if any in the inner timeframe of the pattern. If you get the perfect structure move on to the next step.

Step 5: Set entry and stop loss level as discussed in theory and execute the trade.

Step 6: Check for confirmation that the previous resistance line is broken, we also got confirmation that this pattern is on a low trend, and the second candle also has a reversal pattern, so the market will surely move up and we can make a huge profit.

Spinning Bottom Pattern: Definition, Theory, Methodology, and Trading Setup.

In this blog, we are going to see about the Spinning Bottom Pattern, which is one of the Japanese candlestick charting techniques. We will deeply describe the Spinning Bottom Pattern formation, structure, theory, and  techniques to analyze and make profit with this pattern.

You will learn more about the Spinning Bottom Pattern in detail, which you could use in your trading technique. So read the full blog to get a better understanding of the pattern and techniques. Let’s dive into the concept.

Introduction of Spinning Bottom Pattern

The Spinning Bottom Pattern is a trend reversal pattern. It is formed on the Low Trend in the chart. So the prior trend should be an downtrend. If this pattern is formed in the low trend, it has the possibility that this pattern will work 70% in the market.

The Spinning Bottom has a small real body and a long upper and lower shadow. The upper and lower shadow must be 1.5 times longer than the Spinning Bottom body. That is, if the body is 1 time the size means the upper and lower shadow must be 1.5 times longer or more than the size of the body. For the bearish candle, the open price will be lesser than the close price.

Structure of Spinning Bottom Pattern

Now let’s see how the Spinning Bottom Pattern structure should be formed. 

Structure 1 – OHLC

This structure tells about the presence of buyers and sellers in the pattern. On the open price, the buyer pushed the price high price and then the sellers took control of the market and pushed to the low price, and again the buyers came in pushed a little up and closed above the open price. This structure forms like a Spinning Bottom in the higher timeframe.

So if this structure is formed inside the Spinning Bottom in the inner timeframe, the pattern has a strong possibility that it will work 80% and will give a buy signal as the market moves up. We have to check this structure in the inner timeframe of the Spinning Bottom.

This Structure shows more buying strength and the pattern forms at the low trend. So the market will definitely move upside. Then if you draw a trend line in the inner timeframe, you can analyze that the structure of this pattern will hit the resistance and support of the trend. At that support at a low price there will be a reversal pattern at the inner timeframe that pushes the market upside. Overall the analysis shows that the market will definitely move upside.

Structure 2 – OLHC

This structure forms like on the open price, the sellers pushed the price to the low price and then the buyers pushed to the high price, and again the sellers came in pushed a little down and closed above the open price. This structure forms like a Spinning Bottom in the higher timeframe. So this structure gives less possibility that it will work in the market.

Note: We have to analyze the Spinning Bottom pattern in the higher timeframe. So you can check this pattern structure in the inner timeframe analysis. Spinning Bottom pattern will be formed in all the time frames. It is necessary to check the pattern in a higher timeframe to analyze more and it gives more accuracy to trade.

Theory of Spinning Bottom Pattern

Now we will be analyzing how the market will perform in this pattern. And how to analyze and take trade with this pattern.

As you see in the above image the Spinning Bottom formed in the low trend. Before the pattern formed there was a downtrend. You can see that the market has full control over the seller and reached the low price. Then the seller came in and pushed the price down and again buyer pushed the price up and closed above the open price, thus forms like a Spinning Bottom. This pattern should be formed in a higher timeframe.

Then we can analyze this pattern in the inner timeframe to check for structure formation. If the structure is formed as we discussed above, we have a high possibility that this pattern will work in the market. So we can take a Buy Entry in the next running candle.

Confirmation of Spinning Bottom Pattern

If the next candle of the Spinning Bottom breaks the previous resistance trend line, we can get confirmation that the market is going to rise. So we can take a buy entry to make a profit.

Entry for Spinning Bottom Pattern

The Entry for the Spinning Bottom Pattern will be between the running candle open price and the previous candle low price. You can analyze in the inner timeframe to take entry in the buy range as shown below the image.

Stop Loss for Spinning Bottom Pattern

The Stop Loss for Spinning Bottom Pattern will be the low price of the Spinning Bottom as shown below image.

You can also make a Trailing Stop Loss as the market goes above by drawing a support line as shown in the above image.

Steps to check before taking the entry with this pattern.

Step 1: Search for the Spinning Bottom pattern in the higher time frame.

Step 2: Check if the pattern is in a low trend and the prior trend should be a downtrend.

Step 3: Check the Spinning Bottom structure –> it should be bearish –> the upper and lower shadow should be 1.5 times greater than the size of the body with perfect structure formation.

Step 4: Check the structure formation in the inner timeframe of the pattern. If you get the perfect structure move on to the next step.

Step 5: Set entry and stop loss level as discussed in theory and execute the trade.

Step 6: Check for confirmation that the previous resistance line is broken, we also got confirmation that it is on a low trend, and the structure formation of the Spinning Bottom is perfect so the market will surely move down and we can make a huge profit.

The Hidden Secret behind the Shooting Star Candlestick Pattern -Definition, Theory, Methodology, and Trading Setup.

In this blog, we are going to see about the Shooting Star Pattern, which is one of the Japanese candlestick charting techniques. We will deeply describe the Shooting Star Pattern formation, structure, theory, and techniques to analyze the pattern.

You will learn more about the Shooting Star Pattern in detail, which you could use in your trading technique. So read the full blog to get a better understanding of the pattern and techniques. Let’s dive into the concept.

Introduction of Shooting Star Pattern

The Shooting Star Pattern is a trend reversal pattern. It is formed on the High Trend in the chart. So the prior trend should be an uptrend. If this pattern is formed in the high trend, it has the possibility that this pattern will work 70% in the market.

It has a small real body and a long upper shadow. The body of the Shooting Star should be 3 times shorter than the upper shadow or the upper shadow must be 3 times longer than the Shooting Star body. That is, if the body is 1 time the size means the upper shadow must be 3 times longer than the size of the body. For the bearish candle, the open price will be greater than the close price.

Note: If the candle of this pattern is in a bullish candle, in some cases it is not considered as a Shooting Star pattern. The reason for this will be explained in detail in the upcoming topic.

Structure of Shooting Star Pattern

Now let’s see how the Shooting Star Pattern structure should be formed. We have different scenarios in which Shooting Star can be formed.

The above image shows the different scenarios in which Shooting Star can be formed. We will see in detail about these patterns in the upcoming topics.

Why these 2 bullish shooting star is wrong

These 2 bullish candles are not Shooting Star because there is buying pressure even though the seller pushed the market down. So this bullish shooting star has less probability that it will work in the market.

Why this bearish shooting star is wrong

This bearish candle is not a Shooting Star pattern because the presence of the seller is low. It has the possibility that the buyer can push the market up fighting with the seller as the volume of the seller is low. As you can see, the upper shadow is only 2 times greater than the real body. The upper shadow should be more than the 3 times of the real body.

Why this bullish candle is a shooting star

This bullish candle is considered a Shooting Star pattern, because as it has a bullish presence it also has a long upper shadow indicating that the seller pushed the market downside. So the market has a high probability that it will further move to the downside.

Why these 2 bearish candle is a shooting star

Now these two bearish Shooting Star patterns are correct. The left side shooting star is the perfect shooting star. It forms bearish with a long upper shadow which is 3 times greater than the size of the body. It means the sellers had pushed the market downward and it will further move down due to the selling pressure.

The right side bearish candle is also a shooting star, but it is not recommended to trade with this shooting star. Because due to the very long upper shadow and the bearish body, the market already reached more selling pressure. So it has only below 50% possibility that this bearish shooting star will work in the market.

You can also check the candle formation in the inner timeframe to get strong confirmation as given in the below image.

If the OLHC structure is formed, it has a high probability that the pattern will work in the market. Because the formation has more selling pressure, so the market has more possibility to move downwards.

If the OHLC structure is formed, it has only 50% probability that the pattern will work in the market. Because the formation is indicating buying pressure at the close of the market.

Note: We have to analyze the Shooting Star pattern in the higher timeframe. So you can check this pattern structure in the inner timeframe analysis. Shooting Star pattern will be formed in all the time frames. It is necessary to check the pattern in a higher timeframe to analyze more and it gives more accuracy to trade.

Theory of Shooting Star Pattern

Now we will be analyzing how the market will perform in this pattern. And how to analyze and take trade with this pattern.

As you see in the above image the Shooting Star formed in the high trend. Before the pattern formed there was an uptrend. You can see that the market has full control over the buyer and reached the high price. Then the seller came in and pushed the price down, thus forms like a shooting star. This pattern should be formed in a higher timeframe. Then we can analyze this pattern in the inner timeframe to check for structure formation. If the structure are formed as we discussed above, we have a high possibility that this pattern will work in the market. So we can take a Sell Entry in the next running candle.

Confirmation of Shooting Star Pattern

If the next candle of the Shooting Star breaks the previous support trend line, we can get confirmation that the market is going to fall. So we can short the market to make a profit.

Entry for Shooting Star Pattern

The Entry for the Shooting Star Pattern will be between the running candle open price and the previous candle high price. You can analyze in the inner timeframe to take entry in the sell range as shown below the image.

Then as shown above you can take sell entry, as the market will move downside according to our analysis

Stop Loss for Shooting Star Pattern

The Stop Loss for Shooting Star Pattern will be the high price of the Shooting Star

You can also make a Trailing Stop Loss as the market goes below by drawing a resistance line as shown in the above image.

Steps to check before taking the entry with this pattern.

Step 1: Search for the Shooting Star pattern in the higher time frame.

Step 2: Check if the pattern is in a high trend and the prior trend should be an uptrend.

Step 3: Check the Shooting Star structure –> it should be bearish –> the Upper shadow should be 3 times greater than the size of the body with perfect structure formation.

Step 4: Check the structure formation in the inner timeframe of the pattern. If you get the perfect structure move on to the next step.

Step 5: Set entry and stop loss level and execute the trade.

Step 6: Check for confirmation that the previous support line is broken, we also got confirmation that it is on a high trend, and the structure formation of the Shooting Star is perfect so the market will surely move down and we can make a huge profit.

Conclusion

Finally for the shooting star pattern the target will be open. You can set according to your risk to reward ratio. The shooting star pattern will best work in the market with above explanation and trading methodology. So learn and practice more in the market to make profit with this pattern. If you want to learn with us, you can reach Classroom Of Traders.

To get detailed information about the Shooting Star Pattern, Click and watch the video 👇

Advance Hanging man Pattern

In this blog, we are going to see about the Hanging Man Pattern, which is one of the Japanese candlestick charting techniques. We will deeply describe the Hanging Man Pattern formation, structure, theory, and techniques to analyze the pattern.

You will learn more about the Hanging Man Pattern in detail, which you could use in your trading technique. So read the full blog to get a better understanding of the pattern and techniques. Let’s dive into the concept.

Introduction of Hanging Man Pattern

The Hanging Man Pattern is a trend reversal pattern. It is formed on the High Trend in the chart. So the prior trend should be an uptrend. If this pattern is formed in the high trend, it has the possibility that this pattern will work 70% in the market.

Hanging Man has a small real body and a long lower shadow. The body of the hanging man should be 3 times shorter than the lower shadow or the lower shadow must be 3 times longer than the hanging man body. That is, if the body is 1 time the size means the lower shadow must be 3 times longer than the size of the body. For the bearish candle, the open price will be greater than the close price.

Note: If the candle of this pattern is in a bullish candle, it is not considered as a hanging man pattern. The reason for this will be explained in detail in the upcoming topic.

Structure of Hanging Man Pattern

Now we will see how the Hanging Man Pattern structure should be formed.

Structure 1 – OLHC

This structure tells about the presence of buyers and sellers in the pattern. On the open price, the sellers pushed the price down to the low price and then the buyers took control of the market and pushed to the high price, and again the seller came in pushed a little down and closed below the open price. This structure forms like a hanging man in the higher timeframe. So if this structure is formed inside the hanging man, the pattern has a strong possibility that it will work 80% and will give a sell signal as the market will move downside. We have to check this structure in the inner timeframe of the hanging man.

Structure 2 – OHLC

This structure forms like on the open price, the buyers pushed the price to the high price and then the sellers pushed to the low price, and again the buyers came in pushed a little up and closed below the open price. This structure forms like a hanging man in the higher timeframe. So this structure gives less possibility as that it will work in the market.

Note: We have to analyze the hanging man pattern in the higher timeframe. So you can check this pattern structure in the inner timeframe analysis. Hanging man pattern will be formed in all the time frames. It is necessary to check the pattern in a higher timeframe to analyze more and it gives more accuracy to trade.

Different scenarios in which Hanging Man can be formed.

Now we will be analyzing how the market will perform in this pattern. And how to analyze and take trade with this pattern.

The above image shows the different scenarios in which hanging man can be formed. We will see in detail about these patterns in the upcoming topics.

Why these 3 Bullish Hanging Man are Wrong

These 3 bullish candles are not hanging man because there is more buying pressure in these candles. These candles are bullish and the buyers pushed the price to the high price. So these hanging man patterns have very little possibility that it will work in the market.

Why this long lower shadow Bearish hanging man is wrong

This bearish candle is considered as hanging man pattern, but it is not recommended to trade in this candle. Because in this candle the lower shadow is too long almost 4 times the real body. So the buying presence is more. If we trade in this candle the possibility is only 50% that the trade will be win or loss based on the structure that we discussed earlier.

Why this 2 hanging man are Correct

Now these two bearish hanging man are perfectly formed. If these patterns are formed based on structure 1, then it has a high probability of getting the market reversed. Other than that if structure 2 is formed we can avoid that pattern as it gives less probability.

Theory of Hanging Man Pattern

Now we will be analyzing how the market will perform in this pattern. And how to analyze and take trade with this pattern.

As you see in the above image the hanging man formed in the high trend. Before the pattern formed there was an uptrend. You can see that the market has full control over the buyer and reached the high price. Then the seller came in pushed the price down, but the buyers fought and pushed the price up and close below the open like a bearish candle.

This pattern should be formed in a higher timeframe. Then we can analyze this pattern in the inner timeframe to check for structure 1. If this pattern is like the formation of structure 1, we have a high possibility that this pattern will work in the market. So we can take a Sell Entry in the next running candle.

Confirmation of Hanging Man Pattern

If the next candle of the hanging man breaks the previous support trend line, we can get confirmation that the market is going to fall. So we can short the market to make a profit.

Entry for Hanging Man Pattern

The Entry for the Hanging Man Pattern will be above the running candle (that is above the next candle open price of hanging man). If the previous candle’s upper shadow is longer than the hanging man, you can take an entry as shown below in 1.

Or If the previous candle’s upper shadow is shorter than the hanging man, you can take entry between the opening of the running candle and the previous candle high as in 2.

Then as shown above you can take sell entry, as the market will move downside according to our analysis.

Stop Loss for Hanging Man Pattern

The Stop Loss for Hanging Man Pattern will be the high price of the hanging man (2) or previous candle of the hanging man (1).

You can also make a Trailing Stop Loss (1) as the market goes below by drawing a resistance line as shown in the above image.

Steps to check before taking the entry with hanging man pattern.

Step 1: Search for the Hanging man pattern in the higher time frame.

Step 2: Check if the pattern is in a high trend and the prior trend should be an uptrend.

Step 3: Check the Hanging man structure –> it should be bearish –> the lower shadow should be 2 times or 3 times greater than the size of the body with perfect structure formation.

Step 4: Check the structure formation in the inner timeframe of the pattern. If you get the perfect structure move on to the next step.

Step 5: Set entry and stop loss level and execute the trade.

Step 6: Check for confirmation that the previous support line is broken, we also got the confirmation that it is on a high trend, and the structure formation of the hanging man both are perfect so the market will surely move down and we can make a huge profit.

How To Make Deposit with Indian Money to Forex Broker without Commission?

In this blog, we are going to see a tip to deposit money to forex without commission in India for Indian traders who are trading with forex broker.

Disclaimer – This procedure is only for Indian Traders who are trading with AvaTrade.

For this, you have to open 3 accounts.

1. AvaTrade – Global Forex Broker
2. Astropay – International E-Wallet
3. XM – Global Forex Broker providing UPI service in India

AvaTrade India

AvaTrade provides a trading and broking platform with zero commission and low spread.

Open an Account with AvaTrade with the below link. And Follow the given steps.

To Open an account in AvaTrade –> Click Here…

Step 1: Enter your Email id, Password, and Mobile number, then click Create Account.
(Save your Email Id and Password for future login purposes.)

Step 2: On the next page, Enter the required details like DOB, Address, and Trading Experience details.
Then In Trading Platform Click –> MetaTrader 5 Futures, Base Currency –> USD.

Step 3: Enter profile details like Occupation, Income, and Saving. Then Click submit.
Your Account will be created.

Step 4: Now you have to verify your account. Click menu –> Upload documents –>
1) Upload ID Card Front and Back (Aadhar Card, Passport, National ID, or Driver’s Licence).
2) Upload Utility Bills (bank A/C statements, mortgage statements, Visa statements, vehicle
insurance policy, taxation documentation.) The document must be dated within 6 months
before the current date. The name and Address should be clear in the document.
3) Enter the PAN card number and click submit.

Your Account will be verified soon and you can deposit and start trading.

Astropay India

Astropay is the E-wallet to transfer indian money to a forex broker account (AvaTrade).

Open an Account with Astropay with the below link. And Follow the given steps.

To Open an account in Astropay–> Click Here…

Step 1: Create Account –> Enter your mobile number –> Click Continue

Step 2: Enter the OTP received to your mobile number –> Click Continue

Step 3: In this step, you can enter the password or you also skip this process.

Step 4: Enter Name, DOB (as per in the Aadhar card), and Email Id. –> then your account will be created

Step 5: Verify the account. Go to My Account –> Personal Information –> Fill the Personal data and Address

Step 6: Verify the Email id –> click send verification to mail –> then go to gmail and verify the astropay mail sent to you mail.

Step 7: Validate your identity. –> Scan your Aadhar Front and back –> take a selfie of your face and upload

Validate completed. Your account will be verified to make the transaction.

XM Broker

XM also provides a trading and broking platform but the spread is high compared to AvaTrade.

Open an Account with XM with the below link. And Follow the given steps.

To an Open account in XM–> Click Here…

Step 1: Enter Mail Id, Password, and Partner Code (YBK8F) –> Click Register

Step 2: A verification mail will be sent to your mail id. So go to gmail and verify the mail sent by XM.

Step 3: Enter personal details. Name, DOB, Address (as per in the Aadhar card)

Step 4: Add financial details.

Step 5: Verify your identity. Scan your id card (Aadhar front and back) and take a selfie of yourself.

In a few minutes your account will be activated and you will get an verified to your mail. Then you can make deposit.

AvaTrade Deposit method through AstroPay without Commission

If we deposit in AvaTrade directly through Astropay you have to pay an extra commission of 10%.

But if you do as per our procedure you will not get charged commission by Astropay.

After successfully verifying and completing the account opening process of the AvaTrade, Astropay, and XM, Do the below procedure to avoid commission.

Step 1: Deposit $12 (which is 1250 = 1007+charges) in Astropay through UPI (for the first time only).
Procedure –> Click Add –> Select USD –> Enter $12 –> Make payment through UPI –> Enter UPI id and make the payment in the UPI app. The money will added to your Astropay e-wallet

Step 2: Now Deposit $12 in XM (to activate Astropay in XM).
Login to XM –> Click Deposit –> Click Astropay –> Enter the amount ($12) –> Click declare and deposit –> Enter Astropay mobile no –> Enter OTP –> Then your deposit is completed. Money will be added to your XM account.

Step 3: Now again make a deposit of $90 (approx. Rs.7550) to the XM account through UPI. (this is to transfer $102 = $12+$90 to AvaTrade account).
Procedure –> Login to XM –> Click deposit –> Click UPI –> Enter amount ($90 in indian rupee) –> UPI Id and make payment. –> Then your money will be updated in your XM account. And the amount will be $90+$12 = $102.

Step 4: Now withdraw $102 from XM account to Astropay e-wallet.
Go to XM –> Click withdrawal –> Click Astropay –> Enter the amount ($102) and withdraw –> The amount will be transferred to Astropay e-wallet.

Step 5: After you receive money from XM to Astropay, now you have to transfer it to AvaTrade.
Go to AvaFutures and Login –> Click deposit in the menu column –> Click Astropay –> Enter the amount ($102) and make a deposit –> Amount will be transferred to AvaFutures account. Now you can trade with AvaFutures.

Withdrawal Method from AvaTrade

Step 1: Login to AvaFuture –> Click Withdraw –> Click Astropay –> Enter the required amount and withdraw –> your money will be transferred to Astropay.

Step 2: Now deposit the money into XM.
Login to XM –> Click Deposit –> Click Astropay –> Enter the amount and deposit. –> your money will be transferred from Astropay to XM.

Step 3: Now withdraw the money from XM to Bank Account. Login to XM –> Click withdraw –> Click online bank transfer –> Enter Bank Name, IFSC, Bank Account Number, Branch Name, Bank Address, and Withdrawal Amount (USD).

Your money will be transferred to your bank account.

Links to open accounts

To an Open account in AvaTrade Click Below 👇🏻

To an Open account in Astropay Click Below 👇🏻

To an Open account in XM Click Below 👇🏻

If you have any doubts or need help, please contact Classroom of Traders…

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