Trading with Candlestick Daily Green and Red

Hello Traders! A new day has begun.

- You may already have a trading system! Yeb, but you can't! Yeb

- Today, I share a Simple Trading System with Candlestick Daily Green and Red, Did you notice that the candles are the same color? shadow's candlestick start about 50% - 60% candle on the left ?



can you see? >>> (dd/mm/yy) 27/05/2020 (GMT +7 Vietnam) symb: EUR/USD I am trading at the shadow low



and we will discuss this topic together!!!!!!!!!!!!!!

(sorry! my english is not good )

You need to filter one more step with Bollinger Band in timefram Hour 1



Bollinger Bands pattern Buy and Sell in timeframe Hour 1

Dear V,

I am watching the thread,... lets share complete strategy,..

Thanks,

Budi Dharma

Chào bác bác là người VietNam à em đang lang thang trên diễn đang tìm hệ thống giao dịch sao 3 năm thua lỗ nghiễm trọng tự nhiên vào thấy người việt . bác có chiến thuật nào hay chỉ bảo em với 3 năm rồi em thật thất vọng.

yeb! sure budidharma19

um! từ từ mình có thời gian sẽ chia sẻ hết lên đây ak namtruc24

Summary of trading system: 02 timeframe noteworthy Daily and Hour 1

+ Daily: I just care candlestick (image here)



- If, candeltick Green >>> I will default to that day UP Trend
- If, candeltick Red >>> I will default to that day Down Trend

+ Hour 1: Is daily candle filtering good - by Bollinger Band



I just trade when Candeltick Daily and Bollinger Band Hour 1 same for a trend UP or Down.
Ok---------------------------------------------------------------------

Entry Area: lower band or Upper Band or the middle of the body of the signal candle

Stoploss Area: Lower Shadow or Up Shadow of the signal candle

Takeprofit Area: 1:1 or 1:2
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Ex:

EUR/USD (17/03/2020)
+ Daily: Candeltick Down

Attached Image (click to enlarge)

+ Hour 1: Bollinger Band pattern Down





>>> Trading Sell

And vice versa is Sell, you can check …………

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Besides, you can trading only in Hour 1 with Bollinger Band pattern Down/UP - No need to check candlestick Daily





P/s: 05 Elliot Wave in timeframe Hour 1 >>> only trading 03 wave or 05 wave (05 wave Takeprofit 1)


Pls, discuss your ideas

Dear Mr.Tung

This strategy is so good. Can We trade without "New" ?

Hello Traders! A new day has begun.

GBP/USD >>>> 28/05/2020 (dd/mm/yy)

Bollinger Bands pattern Sell in timeframe Hour 1

minhducvt123 >>>> "New" is > "News"?

Yeb! I think you should stay away from news

dear votha... still i am confusing abut this method...do you mean by trading based on boolinger upper & lower band ? sorry for the disturbing to you

Bollinger Band but "Bollinger Bands pattern Sell or Buy"

https://www.forexfactory.com/showthr...5#post12965705

thanks dear for your reply... what is the time frame do you using ? pls can you share any of your trading chart ?

You reread the post:
https://www.forexfactory.com/showthr...5#post12965705

thanks... i read the all of your post..i think as per your chart bollinger band trade in 1 h chart ? but how can you get the entry point ?

Hi everybody! I am one of the members of this topic, today! I think you and we revive this subject of trading together.
The idea of trading does not change about candles at the Daily time frame. The only change in the Hour 1 entry "is Bollinger Band to EMA 34 (close, high, low)".