papertrades001

Candle trading style

Education
OANDA:EURUSD   Euro / U.S. Dollar
Trading 101 candlestick style:


I use a simple trading style that profits. "No indicators at all method." The work of candlesticks does the rest.

  1. Count 10 candlesticks and see if it is a buy or sell.
  2. Then count the buy and sell candlesticks. Count from very first candle to 10.
  3. If there are more buy, then place a buy. Now count the sell candles
  4. Subtract buy from sell candles counted and get your take profit percent.

Same goes for sell. Or take away sell from buy if there are less buy candles.

Happy trading.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.