My Blog

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It use 2 bars

The 1st gives us the SL and the TP

Set up for long

A 1hour down candle

Followed by a 1 hour up candle the low of which was supported by the 1st candle,and the size of which is 50% the size no greater

Set up for a short

A 1hour up candle

Followed by a 1 hour down candle the high of which was supported by the 1st candle,and the size of which is 50% the size no greater

SL

The low of either candle for a long
The high of either candle for a short

TP

The high of the 1st candle for a long
The low of the 1st candle for a short

Trade on various pairs as signals are not fast and furious.

Take a look at the chart the entry and set up is very easy..again ideas welcome