Saturday 23 June 2012

Combining Fibo and CS Pattern

http://www.babypips.com/school/combining-fibs-with-candlesticks.html

Fibonacci + CS Pattern

Hi all,
We do not buy/short just because it is at a common retracement level! Wait, and look for candlestick patterns to develop at the 38.2% area. If we do not see any signs of a reversal, then it may go down to the 50% area. Look for a reversal there. We do not know if or when the fx will reverse at a Fibonacci level! We just mark these areas on a chart and wait for signal to go long or short.

Just remember...Price is king. Wait for signs of a CS reversal before you initiate a trade!
Happy trading and good luck all...trade what you see not what you think!

Long Tail Hammer

Trade what you see not what you think..

Sunday 17 June 2012

Bearish Reversal Candle

Pattern: Shooting Star
Validation:
* Occurred at top of the uptrend
* Next candle price trade below the shooting star
Result:
Price go down for more than 50pips!

Saturday 16 June 2012

Candlestick Trading Method

Rules

  1. Shooting star + Doji + Hanging Man
  2. Occurred after long hours uptrend
  3. Stop loss +10pips above the highest price 

Rules
  1. Inverted Hammer + Hammer
  2. Occurred after long hours downtrend
  3. Stop loss +10pips below the lowest price

Result:
649% profit in 2 weeks!



No secret! Only used candlesticks pattern to enter the trade..
Note: Always put a stop loss or use martingale method as a recovery plan 

Tuesday 12 June 2012

Monday 11 June 2012

Daily Hammer

Daily CS Hammer ..
Decision: Buy gold@1598.10 sl@1586.90

Candlestick Trading Result

Latest Result from CS Trading Method. Guys, go ahead and learn CS trading method.. stick to the rules & trade what you see not what you think!

Sunday 3 June 2012

Candlestick Yield

Candlestick trading result....100% profit in 2 days!

Saturday 2 June 2012