Candlestick and Gap Trading

I will be adding two more trading ideas to my strategy, namely adding a couple of candlestick formations and also Gap Trading.

Candlestick charting will look at pin-bar candles and engulfing patterns. These two seem to be the most successful patterns that I have noticed, mainly on the more stable currency pairs.

Gap trading, which I will refer to as 'Close the Gap' trades, will involve gaps caused by candlestick formations. I have noticed that when a candle closes with a gap, the next candle tend to cover the gap in its move (thus the name 'Close the Gap').

I will post these trades as and when they pop up...

Cheers!