This is a pure price action based forex trading strategy. In this strategy we use candlestick analysis to determine a very low risk entry. We only use a pending buy/sell order. We use a buy limit pending order above the daily candle low in case of a buy trade. In the same manner we use a sell limit pending order below the daily candle high in case of a sell trade. Read the post below where we explain this simple strategy that makes 200 pips with 10 pips stop loss. Every week you can find 2-3 such trades.
