One Minute Candlestick Trading Strategy - YouTube

Channel: Trading Walk

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What's up everybody it's Johan from Trading Walk and in this video we're going to
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look at the one-minute candlestick trading strategy.
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So looking at this one
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minute chart here of EURUSD and really how to trade the one-minute candlestick
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trading strategy what you want to do is have a few rules first so the first rule
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of this strategy is trade in the direction of the trend so how do we define the trend
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for the one-minute candlestick trading strategy well we use exponential moving
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average if we add a moving average period 8 and exponential we can see the
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moving average like this and basically what this rule now says is I only want
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to take trades that have the entry level above the moving average for buy signals
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and below the moving average for sell signals so the setup for the one minute
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trading strategy is basically very very simple a candlestick pattern and the can
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see pattern is the doji candlestick and we define the doji candlestick my
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body is one third of the range of the candle so this right here is a doji and
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you see this is a doji these bodies here are too big so these are not dojis
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here's a doji and here's a doji alright so now we have a trend and we have
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the setup and what are the entry and exit rules for this strategy well plain and
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simple for bearish short trades you want a doji with its low below the moving
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average and preferably you want the lower shadow to be longer than the upper
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shadow and the entry for this strategy is the low of the doji and you place
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your stop-loss above the doji and you place your take
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profit one to one risk reward so let's look at how that would look
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our entry would be here our stop-loss would be here and our take profit
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would be down here this would play out very nice basically entry and
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take profit down here and this candlestick here broke down and then
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closed up so right into our take profit and then up and closed higher and then
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it continued lower now we don't have a new signal here during this whole time
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but then you have a doji here and you want the entry to be above the moving
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average and you want preferable the upper shadow to be longer than the lower
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and you place your entry at the high you place your stop-loss below the doji and
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you place your take profit one to one risk reward so for this place your enter
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here you would place your stop-loss here your take profit here so this was also a
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nice winning trade here the beautiful thing about this strategy is that you
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can let your profits run and how do you do that this is kind of an upgrade for
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you guys to trade a one-minute training strategy and really this will increase
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your profits a lot so you see you already take very very small risk here
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and to really increase the profitability and make very high rewards here is you
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don't place a take profit target instead you use the moving average as your
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trailing stop-loss so as you can see here for this trade here you would still
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be in this trade because price hasn't touched the moving average yet so I mean
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this is a risk reward of at least ten to one so this is a very very powerful
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strategy when used correctly we have doji and as I said the high is about the
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average so this is a valid trade so our entry or stop-loss is below the doji and
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you can either place your take profit one to one or you can let this ride
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here would be the point where you exit if you let your profits run and like you can
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take off your trades off at the one to one and let the other half run
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just before we right here we had a doji as well and this too is a valid buy with
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entry our stop-loss and this was also a winning trade and that guys is how you
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trade the one-minute candlestick trading strategy thank you so much for watching
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I hope you enjoyed this video please leave a like and subscribe to my channel
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I really appreciate and don't forget to click on the screen for a free gift
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thanks for watching