Candlestick Trading Strategy That Makes 100-200 Pips per Trade With 10-15 Pip Stop Loss!

18 November 2016, 12:53
Ahmad Hassam
0
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I have explained my candlestick trading strategy in a pdf on my blog.

First and foremost is risk management.

I never open a trade with a stop loss greater than 15 pips.

After that we will be using candlestick patterns on H4 time frame.

Now if you try to trade the usual candlestick patterns you will end up losing most of the time.

In this candlestick trading strategy we use candlestick patterns in an unconventional manner.

Our aim is to reduce risk and make 100-200 pips with a small 10-15 pip stop loss.

The shape of the candlestick that forms on H4 tells us whether this is the pattern that were are looking for or not.

Read the post I explain everything there.

I believe in risk management more than profit taking. I never open a trade with a stop loss greater than 15 pips.

Yet I make 100-200 pips per trade. Be selective and don't take trades too often.

This strategy can easily make 1000 pips per month.

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