Hi Folks,
here i will post my trades with my simple method. This method works without any indicators and you won`t find here any of them. This method is based on just three candle patterns: Engulfing, Outsidebar and Hammer/Shootingstar.
I will trading on H4 and Daily timeframes, yes you hear right, the best TF in my opinion Sometimes i will take trades on H1 but just on EUR/USD and rarely, only when i see a good opportunity.
I will trading live on my micro trading account just to prove the profitability of the system. Demo trading is laying behind me. This will gonna be as simple as possible, just blind positioning trading. I am not interesting on trends, S/R and other stuff.
Entrys: i will operate with sell/buy stops, no market orders. My entry's are above/under the candle patterns, SL is going behind the relevant candle.
R:R Ratio: is going to be 1:1 and 1:2. I setting hard stops and takeprofits, no BE or trailing stops!
I try to show always a chart with my entry, because i love charts
This thread is serves mainly for me but maybe one of you will find it useful. Forgive me my bad and limited English.
That`s it for now
here i will post my trades with my simple method. This method works without any indicators and you won`t find here any of them. This method is based on just three candle patterns: Engulfing, Outsidebar and Hammer/Shootingstar.
I will trading on H4 and Daily timeframes, yes you hear right, the best TF in my opinion Sometimes i will take trades on H1 but just on EUR/USD and rarely, only when i see a good opportunity.
I will trading live on my micro trading account just to prove the profitability of the system. Demo trading is laying behind me. This will gonna be as simple as possible, just blind positioning trading. I am not interesting on trends, S/R and other stuff.
Entrys: i will operate with sell/buy stops, no market orders. My entry's are above/under the candle patterns, SL is going behind the relevant candle.
R:R Ratio: is going to be 1:1 and 1:2. I setting hard stops and takeprofits, no BE or trailing stops!
I try to show always a chart with my entry, because i love charts
This thread is serves mainly for me but maybe one of you will find it useful. Forgive me my bad and limited English.
That`s it for now
Pressure shapes Legends