readers message
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Hello Long,
How are you ?
I would like to have your advice about a simple but maybe effective candlestick strategy, which seems to be used often by traders :
- wait for a mother candle and a baby candle (harami)
- wait for a close outside the mother candle
- entry at the close (long trade if the breakout is above the mother candle)
- stop loss and take profit : size of the mother candle
This is the kind of strategy that I would like, if it is profitable.
Daily timeframe, but maybe it can work on smaller timeframes.
Best regards,
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video here