Monday, July 15, 2013

Equity:923.30 - Still losing

One more thing to try is to follow the last rule of the Bread N Butter strategy which I have not been following.

  • Only buy when the signal candlestick is bullish, only sell when the signal candlestick is bearish.

There is a page on Babypips.com that they call it the Cheat Sheet. Basically they have illustration to show you how to tell the signals from the candlesticks. I print-screened the below from the website for easy reference. You can also access more signals directly from the website.

http://www.babypips.com/school/japanese-candlesticks-cheat-sheet.html




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