Trading Target Candles, page-54

  1. 2,131 Posts.
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    Hi Spec

    We could have a great discussion on your post, I have different ideas but that doesn't mean your concepts aren't good to.
    Please stick to Naked candles on this thread so we can work together.

    Here was my USDJPY trade I took and closed a hour ago.
    Entry Candle was 32 Pips and I achieved 32 pips profit.
    There is one issue with this trade that was RESISTANCE just ahead. Due to my experience, I was sure the power in the entry candle would break resistance and move ahead. This was a risk I won't take on candles lower than H4

    So I did achieve 32 Pips but I broke my entry conditions on this trade and got lucky.

    https://hotcopper.com.au/data/attachments/1481/1481815-0375f98ccc2bad038ccba7947b6ad062.jpg



 
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