Winning H1 candlestick patterns | Forex Factory

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Winning H1 candlestick patterns

  • #1
  • First Post: Aug 30, 2014 2:21am Aug 30, 2014 2:21am
Hello Traders ,

Am Introducing Myself My Name Is Mohamed . Am In The Forex Field Nearly 6Years After All Losses And Gains And Pressures I Learned The Discipline And Patience To Trade (But Actually I Don't Win Always )

I Like To Trade Intraday Scalping Within The Range Of 100pips And I Always Like Martiangle Mode I Use All Indicators Provided By FF On Different Thread For The Prediction But Most Of Indicators Will Be Wrong Because Of Broker Timings Change If U Use H4 Or Day Chart Most Of The Time It Will Success But Not More than 50% (may be am wrong ) I have account in 4 brokers every broker Candle Is Closed In Different Type Example: H4 And Day Candle week and month too (some broker close 22:59:59 Some close 23:59:59 Some Close 21:59:59 something like that.)

if u dont know about candlestick pattern pls google it

After all my trade failure i dont follow the H4 chart because i like scalping then long trades... below i show u the different candle failure

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 35 KB

Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFDaily.png Size: 35 KB


Above this two is small samples i will update another failure later..


Pls Note Why I Want To Tell That To All Because If I Follow H4 TF And Day TF I Put stoploss .. If Stoploss Hits it Cause me more pips than H1 thats why I Follow The H1 To Avoid More Losses. Also Wins Most Of The Time

my winning trade used h1 tf below

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 59 KB


i will update every candle pattern that shows good on time of trading days ...

Your Suggesstions And Candle Patterns And Images Are Welcome
  • #2
  • Aug 30, 2014 12:49pm Aug 30, 2014 12:49pm
Not understanding yet. Please supply more info. Thank You.
  • #3
  • Aug 30, 2014 12:55pm Aug 30, 2014 12:55pm
the fonts u use on your charts are meant for doctors , those who works in the clinic, can u change it ?
  • #4
  • Aug 30, 2014 1:35pm Aug 30, 2014 1:35pm
Quoting jasonhaw
the fonts u use on your charts are meant for doctors , those who works in the clinic, can u change it ?
++++++++++++++++++++++++++++++

WTF Over ?????????
  • #5
  • Edited 2:29pm Aug 30, 2014 2:00pm | Edited 2:29pm
hi eu is not piercing line which failed ?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily 30.png Size: 15 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #6
  • Aug 30, 2014 2:08pm Aug 30, 2014 2:08pm
Quoting Bones
hi eu is not piercing line which failed ? {image}
Exactly, just candle stick patterns are not enough. It matter where they are formed... S/R areas , high lows , fibos they are all part of the game
Neural Network Algorithm and Econophysics
  • #7
  • Aug 30, 2014 2:13pm Aug 30, 2014 2:13pm
well its good to have other knowledge for sure ,candles are not as easy as 123 definitely ,lots to consider apart from pattern
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #8
  • Aug 30, 2014 2:17pm Aug 30, 2014 2:17pm
but piercing line must close at least 50% real body ,the higher the better, actually is a very reliable pattern all on own ,

Quoting Bones
hi eu is not piercing line which failed ? {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #9
  • Aug 30, 2014 2:28pm Aug 30, 2014 2:28pm
Hi Mohamed

Many will chime in here. Some to honestly try and help, some to tear you down, some to ask for your help and still others to simply quote themselves over and over.

All I can say is, a live account, 38 days old with a 73% win rate and 41.1% return to date? Keep doing exactly what brought you these results and try not to let other's "opinions" effect your progress.

Well done sir! ...
Ghost Rider - WWTBMD?
  • #10
  • Aug 30, 2014 2:28pm Aug 30, 2014 2:28pm
Quoting Vigovski
{quote} Exactly, just candle stick patterns are not enough. It matter where they are formed... S/R areas , high lows , fibos they are all part of the game
I think he was trying to explain that in his post, or at least that he don't like daily and 4H because to many fake candles.. Ignore me, just trying to help the guy. But yes, candlestick patterns are not as easy at it looks and requires a lot more work. And then all the names...???
I don't even have a cool signature
  • #11
  • Aug 30, 2014 2:30pm Aug 30, 2014 2:30pm
Quoting albchr
Hi Mohamed Many will chime in here. Some to honestly try and help, some to tear you down, some to ask for your help and still others to simply quote themselves over and over. All I can say is, a live account, 38 days old with a 73% win rate and 41.1% return to date? Keep doing exactly what brought you these results and try not to let other's "opinions" effect your progress. Well done sir! ...
I don't even have a cool signature
  • #12
  • Aug 30, 2014 2:32pm Aug 30, 2014 2:32pm
I do understand whats being said ,theres really ony a few patterns required ,just he kicked off with somthing unfair to the pattern ,


Quoting NoCoolNick
{quote} I think he was trying to explain that in his post, or at least that he don't like daily and 4H because to many fake candles.. Ignore me, just trying to help the guy. But yes, candlestick patterns are not as easy at it looks and requires a lot more work. And then all the names...???
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #13
  • Aug 30, 2014 2:50pm Aug 30, 2014 2:50pm
Quoting NoCoolNick
{quote} I think he was trying to explain that in his post, or at least that he don't like daily and 4H because to many fake candles.. Ignore me, just trying to help the guy. But yes, candlestick patterns are not as easy at it looks and requires a lot more work. And then all the names...???
i dont sent post according to this system , i have respect for everyones style just shared my toughts according to candlesticks
Neural Network Algorithm and Econophysics
  • #14
  • Aug 30, 2014 2:57pm Aug 30, 2014 2:57pm
Quoting albchr
Hi Mohamed Many will chime in here. Some to honestly try and help, some to tear you down, some to ask for your help and still others to simply quote themselves over and over. All I can say is, a live account, 38 days old with a 73% win rate and 41.1% return to date? Keep doing exactly what brought you these results and try not to let other's "opinions" effect your progress. Well done sir! ...
I totally agree with albchr....

Keep two things at the forefront though:

- Make sure you don't over leverage. This can wipe out gains quickly. Gains like you're seeing right now have me wondering if this is happening some. (I'm saying this based on my own opinions on over leveraging and maximum margin use. You may feel much more comfortable than I regarding higher margin use, etc..)
- Be mindful of range at all times. This can cause you to be on the wrong side easily and cause BIG issues with your success if this combined with over leveraging is an issue.

...at the end of the day the ROI right now speaks to you doing something right, that's for sure...

I've found for myself that other's opinions of my system aren't worth reading some times. I understand my system and it provides me with the ability to grow. If someone else doesn't get it - don't be disheartened. We're all wired our own way.
"Holy Grail" exists - accepting where is the first step.
  • #15
  • Aug 30, 2014 3:17pm Aug 30, 2014 3:17pm
Quoting VaBikePacker
{quote} I totally agree with albchr.... Keep two things at the forefront though: - Make sure you don't over leverage. This can wipe out gains quickly. Gains like you're seeing right now have me wondering if this is happening some. (I'm saying this based on my own opinions on over leveraging and maximum margin use. You may feel much more comfortable than I regarding higher margin use, etc..) - Be mindful of range at all times. This can cause you to be on the wrong side easily and cause BIG issues with your success if this combined with over leveraging...
Good post VBP. Although if you look at his TE the leverage is very modest (9:1 the highest I can see) which is rather typical of a Martingale approach. But I agree 100% with you. He should keep it that way.
Ghost Rider - WWTBMD?
  • #16
  • Aug 30, 2014 4:13pm Aug 30, 2014 4:13pm
Hi Mohamed,

Your approach looks very promising. I would appreciate if you could explain your theory in more detail.

No offense please, but I also noticed that you have some difficulties in writing forex terminology. I understand that it is related with your yet limited English skills and therefore I tolerated your mistakes like the one where you wrote "Dark Cloud Clever" instead of "Dark Cloud Cover". This is not a big problem for me, but keep in mind that good communication skills will make it easier for your audience to grasp your theory. In the end we all want to understand and to be understood, right? So the very first thing you could do is changing your font type to something simpler please. It really makes it difficult to read.

Please take my words as pure positive critic. I wish you good luck and success my friend.

Happy Trades
Focus only on what truly matters!
  • #17
  • Aug 30, 2014 4:43pm Aug 30, 2014 4:43pm
Yep, those Martian angles do be the shiznits, till they fall down, go boom, huh?
  • #18
  • Aug 30, 2014 10:59pm Aug 30, 2014 10:59pm
Quoting jasonhaw
the fonts u use on your charts are meant for doctors , those who works in the clinic, can u change it ?
sorry for that i will change in future post
  • #19
  • Aug 30, 2014 11:01pm Aug 30, 2014 11:01pm
Quoting albchr
Hi Mohamed Many will chime in here. Some to honestly try and help, some to tear you down, some to ask for your help and still others to simply quote themselves over and over. All I can say is, a live account, 38 days old with a 73% win rate and 41.1% return to date? Keep doing exactly what brought you these results and try not to let other's "opinions" effect your progress. Well done sir! ...
thank u sir
  • #20
  • Aug 30, 2014 11:02pm Aug 30, 2014 11:02pm
This might help some:
Attached File(s)
File Type: pdf Three Powerful FOREX Price Patterns.pdf   1.8 MB | 4,309 downloads
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