This Strategy Is Broken (Works Daily).

Ninety percent of traders lose trades in the first 30 minutes of the session. And the wild thing is they don't even realize that it's the same mistake they make every day. And this is what's keeping them unprofitable. But here's how you can avoid this and finally, become consistent using the first candle rule. Instead of losing these trades, just wait for the first 30 minute candle to form and once it closes, you mark out the high and low of that candle. Then we drop to the five minute chart and we wait. We wait for the high or the low to get hit because these are the areas where the highest amount of volume had been traded. Now, in order to actually enter the trade, we need a fair value gap forming back into the range. A fair value gap is a simple three candle pattern that shows when the market is moving with force. It's created whenever the middle candle has a gap between the first and third candles Wicks after this appears, we enter on the third candle close and we place our stops at the candle body, aiming for a fixed 2 to 1 risk to reward. This means our target is twice the distance that our stop loss is from our entry. And this one setup is all you need to become a consistent trader. Now if this made something click for you, simply save this post because when you're trading you're going to want to be able to come back and watch this video to make sure that you're using the strategy correctly.