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  • Candlestick 4:22 pm on February 28, 2018 Permalink | Reply  

    candlestick color trading 2type harami and engulf 


    readers message


    Thank you Long.

    Very interesting !

    But I sill have too many false signals and get stopped with these patterns (harami / engulfing).

    I did ynderstand that you advise tu use buy stop or sell stop orders.

    No take profit, but trailing stop with each candle.

    I will see if I can have more luck with other patterns (such as doji, etc.).

    Best regards,


    video here

    • Candlestick 12:00 pm on February 28, 2018 Permalink | Reply  

      forex more profitable replace stoploss 


      Thank you Long,

      I still like harami pattern.

      I think that I can set a buy stop and a sell stop order at the top and bottom of the baby candle, and the stop loss to the other side.

      Would you advise me to close the trade when it is profitable, at the end of the following day (as for the “color trading” strategy) ?
      Or would you set a specific target, for example a ratio 1 / 1 (stop loss / take profit) ?

      Would you advise me some rules to make it more profitable ?

      Thank you.
      Best regards,

      PS : on the charts, I see far more “hegeset” than haramis.
      Can I trade hegeset more often and the same way ?
      Best regards,

      PS (2) :

      If you should trade with only ONE strategy on daily timeframe (the most efficient), what would you choose ?

      Advanced engulfing ?

      Color trading ?

      Double block ?

      Harami / Hegeset ?

      Thank you

      Best regards


      video here




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