The One Candle Trading Method

This one candle every single day at the same time. And this simple strategy made me over $100,000 in a single month. Step one is we're going to mark out the high and the low of the first five minute candle that forms at 9:30 to 9:35am These are the only two levels you need to find consistent winning trades. Then we drop to the 1 minute chart and wait through displacement through one of these levels. Now, the way that we mechanically confirm displacement is by using fair value gaps. We which are simple three candle patterns where the middle candle moves with such explosive force that it leaves a gap between the first and the third candles. Wick now, when you see the fair value gap, you're almost ready to enter the trade. But we need another confirmation. This helps us filter out the losing trades. Once the market retests the fair value gap, we want to see a simple candlestick pattern to confirm that we have a good breakout and that pattern is an engulfing candle. And once this happens, you're good to enter the trade. Place your stop loss one tick beyond the retest candle and target a fixed three to one risk to reward. Now, yes, the strategy is stupid simple, but it only works if you stay consistent and let the trades compound. So save this. That way you can study it when you trade.