The One Candle Strategy Every Single Day

If you can't seem to make trading work, I want you to try this. Trade one candle every day at the same time. This stupid, simple way of trading made me profitable and it's why I get days like this, this and this consistently. This is called the first candle rule. And here is exactly why it works. Every day between 9:30 and 9:35am EST, the first five minute candle forms with more volume than any other five minute period of the entire session. We mark its high and low because the high shows where maximum selling pressure stepped in and the low shows where maximum buying pressure defended. Those become our two levels for the day. And then we drop to the 1 minute chart and wait for a fair value gap to break through one of these levels. Now, a fair value gap is when there is a gap between the candles Wicks it shows who is really in control, whether it's buyers or sellers. This way we know that we're on the right side of the market. Once the gap forms, we just need one more step to confirm our trade. We want to wait for a retest of the fair value gap followed by an engulfing candle. This confirms that the breakout is valid and the market will likely continue. And at this time, we're good to enter the trade. Place our stops one tick beyond the retest candle and then target a fixed 3 to 1 risk to reward. Simple, mechanical and repeatable. Now save this video so you can study it again and again.