This trading technique has been developed in a unique way. 5 years ago they identified that they wanted to trade long candles.. A quick move in the market. Rather than looking for a particular technique first, they took a reverse
engineering approach.

They firstly looked at the trading charts and identified all the 60 pip 1 hour candles that occurred over a period of 6 months for 3 currencies (GBPUSD, EURUSD and USDJPY).

They then gathered key information about each candle, such as, the exact time of the day it occurred, noted any economic announcements that may have happened and the exact size and strength of the +60pip trend etc. This supplied fantastic information regarding the time and events that made these candles occur.

They then took it so much further. They looked at all the trading signals that occurred just before the candle trend. They looked at the support and resistance levels that were in place to tell why the candle started where it did and stopped where it did. More importantly they looked at the trading triggers (opposed to signals) that would activate a trade into the candle trend. They found that 1 leading indicator gave a trading trigger in 90% of the time! Further there was only a handful of trading signals supporting these moves. (Trading signals give supporting evidence of a likely transaction; the Trigger is the event that activates the transaction)

So rather than complicating the process they found a simplified approach using conventional trading methods and found a simple trading trigger that applied to 90% of long candles.

There are there are more than 30 opportunities a day to use the long candle principles.

How will this approach change your FOREX trading ?

1. Simplify your trading by using 1 trading trigger and a handful of confirmation signals which allow you to get into the market and out again very quickly
2. Reduce the amount of time you need to watch the market as most signals can be anticipated using leading indicators so pending orders can be used for most transactions. This approach makes the entry and the exit easy as we hunt candles of a particular size.

Your down loadable Long Candle Course includes

* 3 month access to the Grid Trading members only website
* The grid trading course
* 2 Automated Grid trading Expert Advisors (Trading Robots),
* a New daily, 6 currency, set and forget, alert service. The alerts are emailed and posted on the grid website at 6h00 GMT every trading day and use grid trading concepts taught in the Grid Course.

No special software required. This approach will work with most charting packages and broker dealing stations.

Learn more about Long Candle Forex Trading Course Now.