Backed by our algorithmic research, we cut through the non-sense and show you how to properly use 5 high probability candlestick patterns. You will also learn the not-so-subtle differences between strong and weak pattern variations. Once you see these, you'll wonder how you've not seen them before.
Concise and to-the-point, showing you which patterns really work and which have a high failure rate, this book will improve your understanding, usage and application of candlestick patterns trading.
By focusing on market profile & statistical mean averages, these techniques are used by professional prop traders to locate high probability day trading opportunities during Regular Trading Hours of exchanges.
Adding onto market profile, we show you how to use our proprietary concept of Q Points©. Learning to locate the most probable reversal areas on smaller timeframes such as 30 and 15 minutes charts will keep you away from trading the middles of swings.
Learning to read TPO profile in real-time through sustained or failed auctions will lead you onto the path of non-biased, objective trading decisions.
You will also learn to correctly scale the risk per trade for different financial instruments to ensure a positive expectancy on all intraday trades.
You will learn how to correctly identify prevailing trends, as well as how to recognise trend turns early. You'll also discover how to find most probable trade locations through an innovative concept of Q points.
With lots of practical examples, the book gives you an insight into professional prop trader technical analysis.
Trading leveraged products can carry a high risk and is not suitable for all investors. Only speculate with money you can afford to lose. Trading spot forex, futures, CFDs and cryotocurrencies can result in a loss greater than the initial stake. Please ensure you fully understand the risks involved and seek further independent advice if necessary.