0:00 hello traders in this video I will show you why one H4 candle is enough for you to Exel in the Forex market I'll be doing that by showing you how to apply the daily candle close strategy on the H4 time frame in order to create multiple trading opportunities I've shown you how you can maximize profits from the forest Market by trading the daily candle close strategy all right in my previous videos but now I want to show you how to create multiple trading opportunities in any given Market Day by applying the same principle of daily candle strategy on your H4 time frame as your setup time frame now before we proceed you need to understand the candle Anatomy on my left is the bullish
0:48 candle while on my right is the bearish candle now for a bullish candle the candle opens here and trades low Trad down low trades up makes a high and now closes right there in other words the candle bullish candle opens right there trades low trades high and now uh closes for a bullish candle so we have the open low high and close for a bullish candle now for a bearish candle a candle opens here trades high up to this point and now trades low and now close closes here so in other words you can say that a
1:33 candle a bearish candle opens in this form trades up right there makes a high of the candle trades down low makes the low And Trades up and closes so for a bearish candle you have the open the high okay the low and the close all right that is in contrast with the bullish uh candle so that is the candle Anatomy you need to know the candle open you need to know the candle High you need to know the candle low and you need to know the candle close for either a bullish case or a bearish case this is needed in this strategy okay now this strategy is based on taking trades from The Zone around the intersection of the previous H4 candle close and the current
2:21 H4 candle week and which some people called Shadow right now for a bullish scenario of this strategy you see that this is the previous H4 candle all right and this is the candle low this a previous H4 candle candle low and this is the current H4 candle all right so and this is a high so what you do is this first thing you need to do you allow the the previous H4 candle to form okay you have seen a previous H candle and now if this is a If This Were A bullish candle you discover that this is the this is the open this is the low and this is the the high and this is the close Okay so this is the close for uh uh a bullish candle so now once the next candle start forming all right once the next once this uh H4 candle has finished
3:08 uh finished his activity now the new H4 candle starts forming in the H4 time frame all right so you what you need to do is to step down to lower time frame so this is your previous H4 candle all right this is your previous uh H4 candle here and in this previous H4 candle it had the candle on on on H4 time frame so once this H4 candle on H4 time frame has finished its activity and a new candle starts forming you step down to lower lower time frame so when you step down to lower time frame what are you going to look for you are looking that the market pulls back to this point you're looking for uh a demand Zone that would form around the intersection of the previous H4 candle close and the week of the current H4 uh candle and now you're
3:56 looking for a demand Zone and in that case you want the Market you want the market to pull down pull back to the intersection region this is your entry trade entry uh uh location you are looking to take trade from this Zone and that is most likely a demand zone so when that happens you look for entry confirmations on Lower time frame and you get into the trade so you are looking for the setup on H4 time frame okay this is the previous H4 time frame and uh you now you know that this has completed forming and now a new H handle has formed and once once that happens uh or rather it's forming you now step down to like 5 minutes time frame and on this 5 minutes time frame you are looking for your demand Zone okay you're looking for your demand Zone on the time the 5
4:43 minutes time frame once you have seen your demand Zone you're looking to get the entry confirmation most likely on your 1 minute time frame and then you get into the trade okay so that is how you do don't wor I'm going to show you s examples so but now for a bearish scenario this is your previous H4 candle and this is the candle High okay right there so and this is a candle close so we are looking to get a trade uh setup on the intersection of the candle close and current H4 candle so this is your current H4 candle that is for that started forming so you are most likely looking for Market to pull back into this uh zone so that you can take a sell trade there on a lower time frame so on your H4 your previous H4 CLE
5:30 close has closed now you start you start having uh your current H4 candle okay that starts forming and now you need to now uh step down to the 5 minutes time frame to get a supply Zone from which you look to take a trade and then when you see a supply Zone when price comes to the pull back to the supply Zone you step down to your 1 minute time frame in order to to get your trade entry confirmation don't worry I'm going to showing you right on the chart soon you can see right there that how that the market came back and you are taking a sell trade from there now mind you uh here as well sometimes the market could actually give you the S here but on no account should you trade uh should you trade after here because after here the market could do a retest and buy instead of selling for the bullish scenario the
6:17 market could give you a setup around the intersection region here sometimes the market could still give you a setup around here but once the market breaks this previous uh H4 candle low uh there could be a and this could be a sell instead of a buy you know you're looking to take a Buy on for this bullish scenario setup okay so now where is supposed to be your take profit your take profit should be at the at the high that was created before the pull back okay into the our entry Zone and your stop loss will be just few Pips away from the refined or unrefined demand Zone okay and in this case as well you are looking to have your final take profit okay and we don't look to take trades outside from here because there could be a break and retest and a buy instead of a sell that we have uh that
7:04 we plan to take okay and your stop loss will be just few Pips outside the refined unrefined entry that we got into the trade so now what are the trading rules the trading rules of the strategy the three timing just TR this trade at the London or New York session avoid the Asian session avoid the Sydney or the Australian session any H4 candles around the London or New York session is appropriate for you to see this uh stups multiple multiple H4 candles would form at and the London and the New York sessions okay so that is your trade timing that's the period for which you take this trade now the trade entry area I've said is just at the pullback to the demand or Supply Zone created at the current H4
7:50 Candle on the lower time frame that is your trade entry for this uh uh strategy now for the uh entry method you use your smart money entry confirmations method you're talking about the uh change of character and the return to other block now if you don't want to use a Smart money entry confirmation method you can use uh like the double top formation or The Head and Shoulders formation okay or the inv and Sh formation for your entry but I would prefer you use the smartone entry confirmations method of the break change of character and return to other blog I have actually made videos on Smart money entry confirmations method I'll put the link in the Des Bo of this video so that you can be able to to be up to date about how to enter trades the
8:35 smart way now for stop loss I've showed you that the stop loss Should Be Few Pips outside the refined un refined Supply or demand Zone don't worry I'm going to be showing you short examples so you can understand this clearly but before we proceed if you here to subscribe to this YouTube Channel please kindly do so all right uh give this video a thumbs up if you're finding value from it also comment Down Below on the comment section to let me know what other kinds of video you want me to create for you so that you can improve in your Trading if you just also yet to join our free telegram Community the link is in descri box of this video in our free telegram Community I share free setup and Analysis that you can use to uh trade on your own discretion and become a better Trader also if you want me to train you to Mentor you oneon-one on how you can become a very profitable Trader regardless of how long you spent trading the market I can help you send me a DM my DM link free telegram
9:21 community and the link to free community is in the description box of this video all right so what about the trade entry rules like the take profit for a buy scenario the High created at the current H4 candle before the pull back would be the final TP you just as I've demonstrated before in a while ago and for the sell scenario the low created at the current H4 candle before the pullback would be your final take profit now let us see let us see some some examples now you can see this is a H4 time frame of the GBP USD uh shart here you you can see this this if this were to be my previous previous H4 candle now this is supposedly my current H4 candle
10:10 now let us see and you know this is the intersection all right this is intersection this is the candle close of the previous H4 candle and this is my this is uh the intersection with the weak so this is where I'm supposed to look for my setup okay so so you just place a a horizontal line okay you place a horizontal line look at this this horizontal line you press place it on once the candle Clos once the H4 candle has closed and a new H4 candle has started forming so you now step down to 5 minutes time frame so you share it you just share the area as I've done here you step down to 5 minutes time frame so on a 5 minutes time frame this is the this is it this is the intersection of the H4 previous H4 candle and the current H4 candle that is forming so all
10:57 right so you see now you can can see that there is a Zone this is a Zone this here is a Zone which we look that the market should return to in order for you to take a buy entry trade from there let us see so you on this is actually the zone so you you you look you mark that zone and you extend this rectangle there and waiting for the market to pull back so we assuming that this uh section has not formed so your Market should pull back to this point so that you can now look for entry confirmations right there to enter so step down to 1 minute time frame this is 1 minute time frame on a 1 minute time frame you can see this liquidity taking out all right this is 1 minute time frame you can see on the same the same shart so as liquidity was taken out the market pulled that back into the Zone gave us our change of character right
11:44 there change of character and now return to the other block R return to and now a trade entry is supposed to be taking your stop loss would be few Pips outside this Zone all right few here could be here or here and your first take profit would be maybe like a 1 to two risk reward ratio like like here and your second and your final take profit could be here all right which is the the final point that the market uh went to before it it pulled back okay the highest level or the candle high of the current H CLE before it pull back into our Zone and you can as well Trail your stop loss up to up to this point okay now that is it for a buy scenario example now for a for a a sell scenario you can see here
12:29 this is supposed to be my previous H4 candle previous H4 candle and now once this candle this current H4 candle starts forming I'll place a horizontal line I will place a horizontal line to Mark the close of the previous candles okay horizontal line there so that I would know where I'm looking at and now I'm looking at a a setup around here like sell set up like a a supply Zone around here on a lower time frame that will signify my trade entry okay let's step down to 5 minutes time frame on a 5 minutes time frame you can see uh this is the previous H4 candle previous H4 candle right there and you can see that a Zone a Zone was formed right there so this is my zone so I was looking that
13:15 market to come to the zone and give me some trade entry confirmations in to take for me to take a sell trade the Zone clearly on a 5 minute time frame and step down to 1 minute time frame so the 1 minute time frame you can see how this work worked out okay so the market tapped into the Zone broke down gave us uh achange of character and now came back into the zone and sold right there so here could be my refined stop loss why my unrefined stop loss will be there okay and your your your your firstest take profit will be just like uh 1 is to2 RIS reward ratio and your final take profit should be the the H4 candle low before before the pull back into the zone this should be your final take profit final take
14:02 profit but as well you can as well tra your stop loss up to your stop loss up to this point or here in order for you to gain more from the market okay so you you just need to back test this strategy and see how it works you know I'm just trying to create multiple trade opportunities for you instead of waiting you know once per day you know uh by doing the previous days high and low you can as well use this strategy on on on a daily basis intraday to create multiple trading op because H candle happens several times in a day all right several we have several H4 candles in a day so that will help you to maximize your trade entry opportuni but just try to look for H4 candles in your in your London session and also your at your New York session any of those uh would would
14:49 work for this strategy now let's see some questions or frequently asked questions that you always ask me when I make such a video you will say what if H candle has no week okay that is is not a problem the current H4 candle has no week so what you need to do is in thate just look for a demand Zone the most important thing for you to identify the candle the H4 CLE close on the on you know on the H4 time frame the previous H4 cand do close just Mark that point and once the current H4 candle starts forming okay you step down to lower time frame and you look for a demand zone or a supply Zone if it's for is a buy scen look for a demand Zone and regardless of the week you just look for a demand Zone around that intersection around close of the previous H4 candle uh you would you would definitely get a start up regardless of uh the week now second
15:36 question is what if the previous candle is bullish and the current days candle appears bearish and what if the previous H4 candle is bearish and the current H4 candle appears bullish now there really won't be any trade okay but then you need to understand that this is a trade continuation strategy ensure that previous H4 candle has the same Trend as the current h candle that is to say if the previous H candle is bullish do not attempt to take a sell trade on the lower time frame that is to say okay if you cannot find a demand Zone on the on the lower time frame If the previous H candle was bullish you don't don't apply this Strat could be other strategy you can use not this strategy now if the previous H candle was bearish and you step down to lower time frame and you saw a demand Zone you
16:24 are supposed to take a a supply Zone trade or a sells trade okay that aligns you your trade on your lower time frame should align with the trend of the previous H4 candle okay that is important all right so now the third question you always would ask is what if price is ranging or consolation on the high for time frame now you need to understand that this is a trend confination strategy and there is a high probability if the current H4 candle is bullish all right and the two previous H4 candles are bu as well and same to the bull bearish scenario so you would want to ensure just as I've said in a while ago that your any trade you are taking on your lower time frame should be in the same Trend as the previous H4
17:13 candle If the previous H4 candle was bullish and in fact if you have like two bullish candles before the previous H4 candle that will be also add your the the probability of the trade working out because you are in they are in a bullish phase okay you'll be on a bullish phase so you ensure that if the previous H candle is bullish we are taking bullish uh uh trade buy trades on the lower time frame in the previous HW candle is a bearish you're taking sell trades on a lower time frame If the previous HW candle is bullish you're taking buy trades on a lower time frame I hope that is clear now for uh the next question will be what if price didn't pull back on the demand or Supply Zone you identified you identified on a lower time frame now you wait for another setup okay so it can happen so sometimes
17:59 that you identify a zone that you want to enter a trade and price did not come to that zone that day so no problem there are multiple opportunities you look for another setup okay you definitely most likely take you're supposed to take trade from the demand or Supply zone now another question would be what if price pulls back beyond the previous H candle for either a buy or a s I told you if price pulls back the beyond the previous H candle all right it means that that could be a break and retest okay if there is a bullish uh previous bullish candle and price pulls back Beyond okay that could be uh the market could want to sell that could be a reversal in Trend instead of having a buy uh setup so you don't trade there
18:46 could be a retest and conation in the opposite direction of the intended trade Direction so I've actually explained this on the on a while ago on the chart okay so please if you're here to subscribe to YouTube Channel please kindly subscribe to this YouTube channel give this video a thumbs up in order to encourage me to make more videos that will help you to become a better Trader share this video with your friends right give this video a thumbs up share this your friends and comment Down Below in the comment section to let me know if this video was helpful and what more questions what more areas you want me to clarify about this strategy or any other strategy or any other subject as regards trading all right if you are also here to join our free community canly do so the link in the description box of this video it will help you to improve improve you on your trading career as well if you want me to take you by the
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