To detect bulish we can identify by using candle pattern Piercing line.
1. Trend Previous Bearish
2. Candle Bull First there must be GAP with previous bear candle
3. Close Candle Bull should be more than 50% of candle Bear.
Examples Candle Patterns in MetaTrader 4 Pair NZDJPY occurred in May, Candle and Candle Date Date 9 10.
When trading is easy then must prepare Floating up to 148 pips in the above case, and the two-time target or targets that I put at the previous peak. But unfortunately the target was not achieved. We've been waiting 14 days and failed, but do not fail if you change the SL when there is a profit.
The scenario like this
1. Open Candle 3rd Day
2. Attach SL in the Deep Tail Candle Plus Spread Broker
3. Each time the tides may be opportunities SL SL Plus Attach Plus
4. Install Pending Order Buy When exposed SL plus
5. As far as the Pending Order Give SL SL First
Let's Piercing Line Pattern Candle else to membutkikan efficacy of this trading strategy.
The second discovery is also failing, more severe than on the findings of the first, there are two possible I may be mistaken identify Pierching Line Candle Pattern or indeed success is not 100%, but with the use of capital management is good and using the Rule which we agreed upon us still can gain up to 11 days, then contact SL 2 days, it can be for the next day, then contact SL 3 days and could gain another 5 days until we open the first time.
So When the total amount of profits and losses greater profits
Advantages 11 + 1 + 5 = 17 Days
Losses 2 + 3 Days
If we keep using the same lot we can be still for using this strategy.
Candle Patttern findings third Piercing Line Success. Goal reached after 2 days
Just to remind Take Profit find the nearest peak reduced spread broker. SL find nearby valley plus spread Broker.
What about the findings of this fourth successful or not?
If you remain faithful to the rule of success is much higher than your failure only fail one day only, on the following days to achieve your targets successfully.
My conclusion Pierching Line Candle pattern is an indication that the market will be bullish when the previous bearish, the success rate using this candle pattern outweigh the failures.
The most important thing in trading is
1. good capital management
2. Install the SL that could we pay
3. Always install the SL Plus after profit
4. Follow the Rule which we have test success
This is my backtest on video version
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