Jesse RogersFounder and CEO of Smart Trading Blueprint

I Trade One Candle Every Day (Boring)

20 Dec 2025 · 1 min

Watch on YouTube

1:28

Jesse Rogers trades the first five-minute candle after market open, waiting for a break of its high or low confirmed by a fair value gap. Enter when an engulfing candle closes above the retest, targeting a fixed 3:1 reward-to-risk ratio. The strategy is mechanical and repeatable.

Questions this video answers

The first five-minute candle of the day (after the 9:30am Open).

After the 9:30am market Open, wait for the first 5-minute candle to close.

The 1-minute chart.

A fair value gap — described as a three-candle pattern where the market moves forcefully and leaves a gap between the first and third candles.

A fixed 3 to 1 risk-to-reward.

Chapters

There is one candle that I trade off of every single day. It is so stupid simple and I can count on it more than anything that I've ever traded. And chances are, if you're not consistent, then this could be what you're missing. You see, your strategy is just not stupid simple enough. But that changes right now. This is called the first candle rule. And all you need to execute it is the first five minute candle of the day. Each day after the 9:30am Open, you're going to wait for the first five minute candle to close. And after that candle closes, you mark out the high and the low and then you drop down to the 1 minute chart and wait for the market to break one of these levels. But we need a very specific type of behavior to confirm a break. And no, it is not just a candle closure and most certainly not just a wick. And what we're looking for is a displacement. And the pattern we use to confirm this is a fair value gap. Now, fair value gaps are really simple. They're just three candle patterns that are created when the market moves with a lot of force and leaves a gap between the first and the third candles. Wick. Now, once the fair value gap forms, we still need to wait for our confirmation, which is a candle digging and retesting the fair value gap followed by an engulfing candle. Once this engulfing candle closes, we enter the trade and target a fixed 3 to 1 risk to reward. This means that on your winning trades, you're going to make three times as much as you lose on the losing trades. Simple, mechanical and repeatable. Now save this and study it again and again.