ilmscore | This Secret Candlestick Pattern Makes Trading "Too Easy"... (Perfect For Beginners)

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
To be a profitable trader, one needs a strategy that makes money over time, a risk management plan, and trading psychology for discipline.
"in order to be a professional Trader and actually make money in any Financial Market you will not only need a Candlestick pattern you will not only need strategies you're going to need a strategy that makes money over time you're going to need a risk management plan that keeps you emotionless and you're going to need the trading psychology in order to stay disciplined to those two things"
Trading Strategy
Pending
Professional, profitable retail traders typically risk between 1% and 2% of their account value on any given trade.
"the average of what retail professional traders that are again professional and profitable tend to use it's something between one percent and two percent of their account value that they have at risk on a particular trade"
Trading Risk Management
Pending
Introduces the 'Swing High Engulfing Candle' (SHEC) pattern as a bearish trading indicator.
"the bearish version of this Candlestick pattern is something I call the s-h-e-c s-h-e-c stands for swing eye engulfing candle"
Swing High Engulfing Candle Pattern
Pending
Introduces the 'Swing Low Engulfing Candle' (SLEC) pattern as a bullish trading indicator.
"this one the s l e c this stands for swing low engulfing candle"
Swing Low Engulfing Candle Pattern
Pending
A specific trade on the Euro Canada currency pair was analyzed.
"this trade was on the Euro Canada and I'm going to break it down completely right now"
Euro Canada Trade
Pending
The Euro Canada trade reached its target, achieving a 1.4:1 reward to risk ratio.
"prices did in fact drop low enough to hit our targets right here at previous structure and for a little over a one to one at a 1.4 to 1 reward to risk ratio"
Euro Canada Trade Outcome
Pending
An example of a trade on the Pound Swiss currency pair is presented, indicating a price reversal.
"here on the pound Swiss chart what has just happened well hopefully you were able to spot the reversal in price"
Pound Swiss Trade
Pending
The Pound Swiss trade successfully reached its target.
"if you click play you'll see that prices did in fact push up and hit that quite easily"
Pound Swiss Trade Outcome
Pending