Introduction:
This is a very simple strategy, yet one of the most reliable setup iَ ve ever seen.
now i am going to share this powerful trading system, i am sure a lot of people out there are eager to arrive to the place i am in now.
as we know Japanese candlestic charts are the best type of other MT4 charts.
but unfortunately new traders give it top priorty in the trading.
Typical examples of Doji candlestick:
the first condition of the system is : identify 2 Doji one after one as you see in the following chart:
The Third condition :
place 2 pending orders , One in case market breaks the upper border of the Doji (One pip is enough) and One in case of breaks the lowerborder of the Doji
below the Doji lower border in case of long (buy)
there are tow methods:
1) TP is equal of SL (70% winning trades)
2) The best method : Enter with to lot , set your first TP as equal SL, and the second TP double SL.
The best Currency pairs:
the ones that involve the USD
all YEN crosses (EUR JPY, GBP JPY, AUD JPY etc).
Good Luck
This is a very simple strategy, yet one of the most reliable setup iَ ve ever seen.
now i am going to share this powerful trading system, i am sure a lot of people out there are eager to arrive to the place i am in now.
as we know Japanese candlestic charts are the best type of other MT4 charts.
but unfortunately new traders give it top priorty in the trading.
at the first :
letَs to see Doji candle shape:Typical examples of Doji candlestick:
the first condition of the system is : identify 2 Doji one after one as you see in the following chart:
Second condition:
marked the upper and lower borders of those two Doji as you see in the following chart:place 2 pending orders , One in case market breaks the upper border of the Doji (One pip is enough) and One in case of breaks the lowerborder of the Doji
Stop Loss:
above the Doji upper border in case of short (sell)below the Doji lower border in case of long (buy)
Take profits:
there are tow methods:
1) TP is equal of SL (70% winning trades)
2) The best method : Enter with to lot , set your first TP as equal SL, and the second TP double SL.
the ones that involve the USD
all YEN crosses (EUR JPY, GBP JPY, AUD JPY etc).
Good Luck
good work thank you for sharing the strategy .
ReplyDeletebest regards
Thank you for your comment HAMZA
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