- December 28, 2017
- Posted by: Forex Wiki Team
- Category: Forex Trading System
whats up everybody
a few weeks in the past. i've discovered a brand new 8 unusual candle patterns that occurs one time every day and it lets you make at the least 10 pips a day
making an attempt the strategy on 15 Pairs means 15 trades a day and 75 trades each single week!
so let's get began !
to start with. you do not want any indicators to use. a clear chart on H1 Time is sufficient (with a cup of espresso)
now let's take a fast have a look at the brand new patterns :
slightly bit unusual proper ?. no downside , i'll make clear every little thing now
Entry Guidelines :
NOTE* : earlier than you attempt to commerce these patterns, remember that your entry will ALWAYS be on the 9'th candle every day
1 : as soon as the 9'th candle is opened , verify again for the final 3 candles and match the patterns with the image above
2 : open a commerce in line with the image and set a 10 pips TP and 10 pips SL (bear in mind your SL stage , you may want it later)
3 : set a reverse pending order with x2 or x3 of your preliminary lot dimension and 10 pips TP and at last set your SL Beneath/Above your preliminary commerce SL + 5 pips
4 : in case your preliminary commerce hit the TP then cancel the pending order
some examples of right entries :
NOTE*Â : the primary purpose behind setting a pending order is that if the sample hit your SL , it'll transfer strongly the identical method. so setting a reverse pending order will cowl the losses and achieve a income
entry examples with pips calculation :
let me know your ideasÂ