THERE IS MANY WAYS TO TRADE IT
#1 ACCORDING TO THE EXTERTION CANDLE.
IF THE EXTERTION CANDLE IS BULLISH U GO LONG...IF THE EXTERTION CANDLE IS BEARISH U GO SHORT
THIS WILL MAKE A 66% WINRATE
#2 SENTIMENT BASED
YOU NEED TO HAVE A GOOD SENTIMENT INDICATOR
IF THE SENTIMENT IS CORRECT AND BULLISH\BEARISH THEN A CANDLE IS GOING TO APPEAR IN THE SAME DIRECTION.
IF THE SENTIMENT IS WRONG THEN A CANDLE WILL APPEAR IN THE REVERSE DIRECTION
#3 DONT TRADE EXTERTIONS
BECAUSE SENTIMENT IS WRONG MOST OF THE TIME ...IT IS BETTER TO NOT TRADE AT EXTERTION CANDLES
THE REASON IS THAT After the extertion candle A BIG CANDLE WILL APPEAR IN THE REVERSE DIRECTION (I CALL IT AN F U CANDLE)
Durring the appearance of the extertion candle it WILL TRIGGER A WATERFALL OF STOPLOSSES AND THE MARKET AFTER THAT IT WILL BE UNPREDICTABLE creating the f u candle ....the market DIES.(all the orders are kicked...meaning low volume...and high volatility..it even worse ..it may range a bit..until one of the bulls or bears take control again)
IF YOU DONT TRADE EXTERTION YOU YEARLY WINRATE OF YOUR SYSTEM WILL IMPROVE BY 2%....THAT IS MONEY IN THE BANK
