I don't normally trade using candle stick patterns unless it is Monthly or Weekly candles. Sometimes I will look for daily candles but not very often.
With that being said, do you find the smaller time frame (H1) candle stick patterns to be just as reliable as the Daily candles?Ignored
It depends on the pattern. But I agree with you that the higher the time frame the stronger they are. Also, those candles help form other chart patterns, like heand and shoulders, triangles, etc. If the previous candle is a bull candle and you get three candles starting inside of it and moving down, that is 3 inside down.
If the previous is a bull candle and the first bear candle engulfs it and continues down with three bear candles,, that is 3 outside down.
Also, candles patterns on FX and Equities vary a little bit.
and this one shows a comparison with some patterns on fx versus equities.
Luck has no place in trading. Leave that for the poker table.