ISAKAS CS by Kuskus_Osentogg

Hi Traders….

I had started to play and seacrhing something interesting method or system for the larger timeframe especially the simple and easily to used.. Then, with my little knowledge about the CANDLESTICK and passions about this JAPANESE tools, i started to find the candlestick indicator ( thanks to Jason robinson ) which then will made us easily to recognize about the type of the candlestick pattern and modified thats becomes more interesting to understand 2 month exploring and searching, 2 Weeks ago just have started for practicing trading. 2 weeks going live with combination entries of ISAKAS ASHI ( AWESOME RESULT ). Meet the famous type of JUJI, TOHBA, TSUTSUMI, KARAKASA, KABUSE, KIRIKUMI and many more famous great names...

Hm...lets get started... First, this method mainly for Tf4hours and Daily timeframe. Based on candlestick formation ( reversal pattern )auto channel and pivot support resistance. For additional indicator, trader also can using RSI or STocH for identifying the strength of reversal Candlestick formation.

TIMEFRAME

4HOURS AND DAILY

INDICATOR

PATTERN RECOGNITION

PIVOT POINT

SHI CHANNEL

STOCH ( 5,3,3 )

PRIMARY ENTRY - ONLY IF THE PATTERN NAMES SHOW UP UPPER OR LOWER OF THE CANDLESTICK

BUY

SET PENDING ORDER ( BUY STOP ) AT THE HIGH PRICE OF THE PREVIOUSLY CANDLESTICK AND IF THERE IS NO UPPER SHADOW APPEARS, SET ORDERS ON R0.5 OR R1 PIVOT LINES. ( DEPENDS ON RANGE )

SELL

SET PENDING ORDER ( SELL STOP ) AT THE LOW PRICE OF THE PREVIOUSLY CANDLESTICK AND IF THERE IS NO LOWER SHADOW APPEARS, SET ORDERS ON S0.5 OR S1 PIVOT LINES. ( DEPENDS ON RANGE )

IF THE PREVIOUS CANDLE TOO HIGH OR LOW ( MEANS TOO LONG SHADOW OCCURED AND JUST SHOWED A SMALL BODY ) JUST REFERS TO THE PIVOT LINES.

IF THE DAILY TIMEFRAME NOT SEEM TO SHOWED ANY PATTERN, CHANGED THAT TO 4HOURS TIMEFRAME.

TAKE PROFIT OR EXIT TARGET

MINIMUM - 15- 30 PIPS

MAXIMUM – 30 or the last line of pivot point lines ( S3 or R3 )

STOP LOSS

MOST RECOMMENDED UPPER 40 PIPS OR DEPENDS ON YOU.

STOCH AND SHI_CHANNEL

Stoch mostly used for identify oversold and overbought condition technically. If the value of stoch ^ 80 and at the same times, candlestick reversal patterns appears, it’s a good condition and TOP potential of strength for the price directly changed the trend.

Breakout the range ( Upper and Lower line) of this auto channel means the real trend is changing to other direction. This channel line also can be the support & resistance. See the candlestick pattern with confirmation of Stoch to see the strength of reversal or the strength the price will continued the trend. If the price brokes the upper or lower line, it’s a good sign to hold ur postion for a good value of PIPS

SHOOTING STAR & INVERTED HAMMER

HANGING MAN & HAMMER

Four of them also can be called as GOHAN & RAISU means the shapes or patterns of the candlestick is still the same but happened on different situation. Whether reversal on the uptrend or downtrend movement..

There is a lots more type of candlestick pattern, baby swallow, kicking, tasuki and others continous pattern.. Its need more space on the chart ...but..lets started with this candlestick formation first, for begans our introducing of this method. Lets improved this method together. Sharing ur idea and strategy here..

IF ARROWS OR NAMES OF THE CANDLESTICK PATTERN IS GONE OR SCATTERED, PLEASE RESTART UR META CHART.

USING THIS COMBINATION WITH ISAKAS ASHI

Lets said, GU Daily OR TF4hour CANDLESTICK SHOWING BEARISH HARAMI formation. Then.just find for the best ent ry on TF 15 and set ur target. Ur are going with the trend..Lets set the larger TP ( exit target ).. Lets said 2 level of pivot lines ( price now on r1 .. Target r3 ) or just set 30 pips..

ILLUSTRATION

THANKS TO JASON ROBINSON.

more about candlestick

www.candlesticker.com

www.leavittbrothers.com/education/candlestick_patterns/

I SHOULD SLEEP NOW… TAKES A TIMES FOR THIS LONG JOURNEY.. LETS IMPROVE THIS ISAKAS CS. SUGGESTION IS ALWAYS NEEDED HERE… THANKS…