New Trading Strategy -'Candlestick Pattern Recognition

am going to make available here the links to my daily trades - feel free to have a look and learn.

I call this one the "Candlestick Pattern Recognition Strategy"

It has nothing to do with the way the japanese do it (e.g 3 white crows, 3 black crow etc) - this strategy is my own - i have been working on it for the past 12 years ( that is how long i have been trading)...and so far my strategy works very well.

At the moment i am only trading the EUR/USD pair....

I don't know how 1 person can analyze more than 2 pairs a day - i feel that it a waste of time to try and analyze all the pairs. My aim is to trade only 1 pair, study it thoroughly and trade it.

Here's the link to my trading journal - i just started this journal recently....it is a work in progress and will be updated daily...

Another successful trade using my new trading strategy.

See how the 'Candlestick Pattern Recognition Strategy' was used to capture trades just below the HIGH of the day. Therefore, no Stop Loss was required.

Hi Fiji,

Do you teach this candlestick pattern recognition strategy? Thank you.

Hello lisyah,

I thought about that for a long time - and i was thinking that it would be more beneficial for me to use my strategy and turn it into a forex signal service . I know it works very well . And a lot of traders will make money from my signal. It's a strategy that is like no other. You may learn more about it here.

I am also using it on my two demo accounts - one is displayed above this thread.

Winston Reed - Don't say words like that. That is rude. I am not a fraud.

You have 2900 posts of what Winston Reed? ..... i don't see you displaying any proof of your trades - by the looks of your threads - you don't understand forex trading at all - and here you are trying to advice newbies and traders about forex? So how are you doing that ? Copy and paste??.

You are just miserable that you don't have anything to brag about- go do your homework.

BTW, I have proof - just take a look at my page - two demo accounts are there for your viewing pleasure.
Being a long time member here does not give you the right to put people down.... it just shows what you have in your heart - jealousy.

Don't be jealous Winston Reed - go and do some hard work.

By the way.... my new Çandlestick Pattern Recognition Strategy is not an automated system...it is a manual system.

This is what it can do:

1. It does not require me to listen to the news or rely on technical indicators in order for me to make my trading decisions.Over the years, i have truly come to know the meaning of "lagging indicator"- and that is what all technical indicators are...because all they do is show you what has already happened - they cannot predict the future of the market no matter how many of them you put on your chart. And the news?.... it's what i call 'noise'- and one you need to avoid because you can never make a move listening to all types of news.
2. It also does not require the use of Stop Loss because this system identifies the HIGH and LOW of the day and that is where trades are placed...thus a Stop Loss is not required.
3. It tells me the exact 'take profit' points. The candlestick recognition skill helps me with this. Once the pattern is confirmed - the take profit points are also established.
4. It does not require me to do multiple trades per day - only 1 or 2 trades is sufficient to make a good profit. If you are going to be placing trades from the HIGH or the LOW of the day then you only need to do one trade - sometimes there are 2 trading opportunities - so i will do 2 trades if i want more.

That is why it is totally different from what you may know. You have to look outside the box to be able to achieve a trading system like this.

Last night's trade - is below. I knew that the high was already reached - so a SELL was placed...and i already knew where to take my profits ....and that is the beauty of my system. All proof is displayed for all to see - this isn't just talk - like some people may be thinking.

Winston Reed - What you displayed are just charts - there is no proof that you did any trade what so ever....or if the chart is even yours. if you click on the chart above ( that is from my real account) you will see that i actually did a trade....the no.of pips made is written on the chart ( part of the trade history)....and you can see the entry and exit points.

Your charts are copy and paste from - i dont know where .

So go and do something useful Winston Reed - And stop using those ugly indicators on your charts - it tells me that you are still on the "trial and error "stage.

I am way past that Winston Reed. I dont use Stop loss or Technical indicators - at all.

When you reach my level...then i know you are worth talking to.

and again - the demos are what we traders use to show our systems.....so use it if you need proof.

Winson Reed I trade live with FXCM.

The 2 demos are from: FXCM ( coz i like them too much)
VALUTRADES (that is actually my competition demo account- yes there is a forex competition going on )

Hope that answers your question Winston Reed. Some of us are busy right now - and dont have time for 'heap talk'

Winston Reed - OH wow!...looook at thaaaat - i thought i was looking at space invaders .... your chart....looks like that computer game from the 80s.
does not say that it is a real account anywhere there.

looks like one of those 'pussy demo accounts' you are talking about though.

Oh my Winston Reed - wow and more wows - hey you are really good at copy and paste ' dude.
I am impressed with your skills.

Winston Reed, the one i used to trade 50 lots is right above you - my demo account. just scroll up and you will see....i made $42,200 from 84 pips last night.

And BTW because of my new trading system i caught most of the days range which was 97 pips. I caught 84/97 pips with my trading system.

It right there dude....use your eyes.

Oh well traders Winston Reed inbox me saying that he has removed his posts from this thread.
what a loser.

Thanks for the response. If I read right, the signal will only start after 6 months right? For now we only refer to your journal.

yes lisyah....that is correct .... i need to test it for 6 months first -

Winston Reed is such a character : If he really thinks that i am a fake - then why did he delete his posts.

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To: fijiforex | From: Winston Reed | Sent: May 19, 2016 3:34pm
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No worries indeed. Commercial members are a dime a dozen. All making similar claims but with nothing but high-flying demo accounts to back-up 'em up. It's one thing to trade 50 lots on a demo account and something entirely different on a live account with real money at stake. Most of you commercials couldn't trade to save your life. Most of you make your money sucking it out of the wallets of ignorant wanna be traders who can't resist your lure. Well you'll not being seeing a dime from me. However if you're the real deal I'll be lurking and I'll know. But I doubt it.
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To: Winston Reed | From: fijiforex | Sent: May 18, 2016 8:42pm
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Dont worry dude....you can subscribe to my forex signal if you want to make real money......

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To: fijiforex | From: Winston Reed | Sent: May 19, 2016 2:29pm
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I removed my posts. I still think your a fake.

Cool. Will follow your journal.

Another trade done using my new Çandlestick Pattern Recognition Strategy'

Although the range was only 50 pips and one of the hardest trades to watch due to their volatility - my new system got me through.
You can view my latest trade here

He’s a sanctimonious prick. Don’t take anything he says personally.

Just hours after this debate btwn him and me he left FF - he said he is going away for good. If you go to his page - he had said his goodbyes.

He is a miserable person, he needs a shrink .

Last nights forex trade was a breeze - 76 pips gained on the EUR/USD pair. ..... you can see the details here