Daily Candlestick Pattern
Daily Candlestick Pattern
Hi Every one
- This my help for someone new as me. I am still testing this but it work for me for last two days.
- I look for daily candlestick closing ( EURUSD) and look for trend direction with 50 SMA
- If trend shoe blow 50 I look for sell, if above 50 I look for buy
- If candle engulfing the previous day candle .
- Then I drop to H1 look for entry in the way of daily closing. If timing is great I enter 2 or 3 position with 0.05 and set my SL 25 and TP 25 ( 1:1)
- While H1 is running I drop to M5 or M1 with two screen and scalp the market for daily goal of 20 pips or more
- Wish you good luck and hope this help.
Fri, 11/09/2018 - 11:31am