Candlestick Patterns

This is a post of candlestick patterns on the Euro, Pound and Japanese Yen that had a high probability of netting at least 20 pips. The trades are made on the following candle, with the stop placed above the previous candle or obvious support/resistance lines. After 20 pips, I close half my position and place my stop at BE.
This is meant to help your eyes spot high probability trades.
Each currency will include Jan.-July 2008.

Euro May-July

Pound Jan.-April

May-July

Yen Jan.-April

Yen May-July

I sold the GBP after the circled 1 Hour candle, taking the odds on after three consecutive lower wicks. I took half profit at +20 and set the SL to BE (taken out). The next one hour candle broke through the previous three wicks, signaling that a new wave of bulls had broken through. I bought the Pound after the 1 Hour, with the same strategy (1/2 profit at +20) with remainder set at BE.
This is a simple way to trade support/resistance.

The Yen has been running in 16-20 hours of cycles up and down (see 4-Hour chart). I was waiting for the next down cycle. This trade was reinforced by the lower highs and lower lows.
When the 1-Hour candle closed below the 89 MA, I knew it had most likely turned and I entered short. Took profit at 20 pips, and will let the rest run for either another 12-16 hours or the first 4 hour bull candle.
This is all about trading flexibly based on recent trends.

Do you identify the price patterns manually or by a indicator?

any insight on this pattern? could it be qualified as a pin bar? daily chart. GBP/JPY

EURUSD Trade

Sold the EUR based on bounce off double trendline. Entry was based on lower high on 15 minute chart.

USDJPY

Bought after strong hammer on 15 minutes. Had tested 89 MA three times. Also a hammer on the 1 Hour charts, and the previous 4 Hour candle finished near its high almost engulfing the previous wick. Was waiting for an opportunity to go long.

Decided to close my JPYUSD trade after 1 Hour candle was unable to break the trendline.

Will the Pound break through the top trendline?

Notice how the Euro has found resistance between 1.2700-1.2784. Wait for it to retrace into the that zone and prepare for trend continuations.

The Euro was not able to break November lows. When I saw this powerful one hour candle, I closed my short and went long.