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AK
ak1
Rep: 858
Posts: 740
OK HERE IS MY TRADE FOR TODAY
08:35:04 BUY_LIMIT 1184.50
10:06:43 SELL_LIMIT 1188.50
AK
ak1
Rep: 858
Posts: 740
1189 and 1186 are strong magnets
RE
redsixspeed
Rep: 4,111
Posts: 1,711
gm AK1;

When you short the golden candle, are you looking to be
short long..
AK
ak1
Rep: 858
Posts: 740
Originally posted by redsixspeed

gm AK1;

When you short the golden candle, are you looking to be
short long..



Click image for original size
AK's Golden Candle Chart
DA
day trading
Rep: 39,586
Posts: 6,369
Can you give some more details on what makes a Golden Candle? That chart isn't very clear and I'm sure you have some rules that you follow?
RE
redsixspeed
Rep: 4,111
Posts: 1,711
I think AK1 said to always short the golden candle. I tried to
find the post but I didn't find it.
AK
ak1
Rep: 858
Posts: 740
Friends 1st thing is that it is going to be a choppy open today. So do what ever yoU want as long as you target the RTH Open.
Golden candle rule:
On a 5 minute chart look for a candle that is atleast 1 tick away from the 1st 5 min. candle's open/close(9:30EST).
AK
ak1
Rep: 858
Posts: 740
Another thing place a line at the high and low formed after 7:30 est. Watch how the price dances around it.
AK
ak1
Rep: 858
Posts: 740
1202 to 1207 long
AK
ak1
Rep: 858
Posts: 740
HOPE EVERYONE MADE MONEY IN THIS CHOP
AK
ak1
Rep: 858
Posts: 740
HERE IS THE GOLDEN CANDLE TO GO SHORT

Click image for original size
AK's Golden Candle Short
RE
redsixspeed
Rep: 4,111
Posts: 1,711
http://www.mypivots.com/Board/Topic/4072/21/candle-pattern

4th post in this link gives a further explanation