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atheer1 replied Apr 21, 2016Would you mind to encircle the candles so that I know which one you mean 5 minute chart which method you ask about You are posting a 5 m chart GBPAUD pair LT1C setups originally used for scalping 1 minute chart If you want to adopt it on 5 minute ...
Atheer's scalping method 1
- atheer1 replied Apr 21, 2016
Can someone code a type1 candle indicator as i see there is great confusion about this?
Atheer's scalping method 1
- atheer1 replied Apr 21, 2016
yes GBPUSD I use this method with majors (For scalping) as it is most accurate and have favorable spread For other pairs you have to try them to have an idea about accuracy but I know that GBPUSD is less accurate
Atheer's scalping method 1
- atheer1 replied Apr 21, 2016
How to classify a candle as type one *** 1st we should have our lines to do so *** In one minute our horizontal lines are at one pip intervals *** look at the candle open it should be between 2 horizontal lines(not at the lines) *** look at the body ...
Atheer's scalping method 1
- atheer1 replied Apr 21, 2016
By the way LT1C setups is one of the most successful scalping setups I have I don't recommend it for the pound
Atheer's scalping method 1
- atheer1 replied Apr 21, 2016
Here I encourage traders to post LT1C setups so that any confusion about this is cleared
Atheer's scalping method 1
- atheer1 replied Apr 21, 2016
Only the last one is right others 1st condition type 1 candle is not ok 1st candle in setup should be type 1 candle at least touching the bb extremes 1st candle should be bear in buy setups and bull in sell setups all the couples you highlighted ...
Atheer's scalping method 1
- atheer1 replied Apr 21, 2016
You should have type 1 candle 1st then another candle next to it reaching high/low of 1st candle area highlighted by you 1st candle is not type 1 2nd candle does not reach the high
Atheer's scalping method 1
- atheer1 replied Apr 21, 2016
It does not have the conditions of LT1C setup
Atheer's scalping method 1