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    • JayDavis replied Jun 22, 2018

      Yeah, I updated the system on June 15th, post 185 url Lot sizes are currently 0.5, 0.25, and 0.25, so as to equal 1 lot. However, I don't use the trailing stop loss or the 100 and 200 pip take profit targets anymore so I guess a version #4 is due ...

      Jay's Candle Sticker System
    • JayDavis replied Jun 22, 2018

      I simply take the ATR(14) value and add or subtract it to my opening price and use it as a take profit. For example. For the buy on GBPCHF yesterday the ATR(14) was 0.0082 and my opening price was 1.31255 so my first take profit was 1.32075 ...

      Jay's Candle Sticker System
    • JayDavis replied Jun 22, 2018

      According to my most recent update version #3. url I currently use 1 ATR(14) as my first take profit, 2 * ATR(14) as my second and I leave one trade open to being closed by opposite candlestick pattern confirmation or stop-loss. Explaining further ...

      Jay's Candle Sticker System
    • JayDavis replied Jun 22, 2018

      Have a good weekend. For those trading my candlesticker system your weekend has started. If we receive any trades after the market closes today, we would not be able to act upon them till Sunday evening so your weekend started just after placing ...

      Jay's Candle Sticker System
    • JayDavis replied Jun 22, 2018

      No, I don't trade the exotic pairs. I think they may work, I just don't have access to them with my broker. Come to think of it I stick to the majors because that is what I have pretty much always done, which now that I think about it is not a good ...

      Jay's Candle Sticker System
    • JayDavis replied Jun 21, 2018

      Each candlestick pattern has a natural stop-loss. The stop loss for this Bearish Engulfing GBPCHF pattern is 1.3245 I am sure you are aware that we do not actually place the stop-loss on the chart in a way in which it could auto trigger. For BEARISH ...

      Jay's Candle Sticker System
    • JayDavis replied Jun 19, 2018

      We have traveled down this path before if you are truly interested comb through the thread, you will find what you seek. I feel like Yoda, but I don't feel like looking through the thread to get you the answer to this question since it has been a ...

      Jay's Candle Sticker System
    • JayDavis replied Jun 19, 2018

      Just waiting for the candlestick pattern to form is not enough, we must have valid confirmation! A pattern may take days to confirm, it may never confirm if say another pattern appears before it confirms. If a new pattern appears while we are ...

      Jay's Candle Sticker System
    • JayDavis replied Jun 18, 2018

      Five new trades according to Jay's Candlesticker system. url CHFJPY - buy, bullish doji star EURCAD - buy, bullish engulfing EURGBP - buy, bullish harami GBPUSD - short, bearish engulfing USDCHF - short, bearish doji star image I plan to execute ...

      Jay's Candle Sticker System