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Daily Candlestick Pattern

 
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jfk583

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.
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  • I look for daily candlestick  closing ( EURUSD) and look for trend direction with 50 SMA
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  • If trend shoe blow 50 I look for sell, if above 50 I look for buy
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  • If candle engulfing the previous  day candle .
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  • 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)
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  • 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