I hear you! Most traders believe that trading HAS to be complicated. For example, they believe that a 20-day breakout confirmed by a simple moving average CANNOT possibly be a profitable strategy, it's too...easy! In reality, one can earn a very comfortable living with VERY simple trading setups.
got any screenshots? put 'em in here if you wanna. https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-14#post-5139712
I will EasyMon1. The 20-day breakout technique was used by the famous Turtles in the Futures market. They made out like bandits with this simple system, to the tune of $100 millions.
candlesticks alone will not give you an edge. But use enough filters on something like an engulfing pattern and you can find edge. I rarely enter at engulfing patterns in ES. If a candle engulfs, I will have already been in the trade or I am completely out. I don't like to take price risk. I prefer taking information risk. Read up on the difference.
dbl bottom, the 30m version, different price action method targets dbl bottom, the 300m version, different price action method targets
Candlestick pattern is a good strategy but at the same time it’s complex also. One needs to be very experienced for using this strategy and it may not give the same results every time. Strategies need to be changed as per the situation.