I call this the hanging man and inverted hammer trading strategy,For those who are struggling to make money here is a simple strategy for you. This strategy works best on a weekly chart. Use the stochastic 8:3:3 for entry signals. for buy signals enter when the stochastic is over sold and the inverted hammer appears. for sell signals enter when the stochastic is overbought and the hanging man appears. risk reward is 1*2,the stoploss should be placed 1000 pips from entry. if by weekend the trade doesnt trigger your stoploss or your take profit close manually. risk 5% only on a single trade. comfortable trading capital should be above 2000$. works best when watching many currency pairs for signals. Has around 60% win rate.
HIGH RISK HIGH RETURN.