A few years ago, the Triump strategy was sold for $299. But for now, it will be shared freely on this blog. There are quite a few traders who comment that an 80% win rate is a rather modest number for this strategy because in good market conditions the odds of winning are even higher. Now let’s find out how effective it is to have such a high price.<\/p>\n

Note: This method is not for everyone. It may work for one but not for another. This is normal. Even if the win rate is 80%, you should never put all your money into one trade. If you find the Triump strategy useful, get rid of greed and use good capital management skills to maintain profits.<\/p>\n

Register IQ Option and Get Free $10,000 Risk warning: Your capital might be at risk.<\/small><\/span><\/a><\/p>\n

How to set up the Triump strategy<\/h2>\n

This is a Price Action centered strategy that will not use any technical indicators. However, you have to draw some important points such as the highest point, the lowest point, the trend, etc, to serve the following criteria.<\/p>\n

\n
• A Tweezer candle pattern appears in the reversal zone (prerequisite)<\/li>\n
• There must be an Engulfing candle. The engulfing candle must cover the previous candle.<\/li>\n
• The engulfed candle must have a longer shadow than the body.<\/li>\n<\/ul>\n

  After identifying the reversal, we apply the “candle counting” method, which helps us to determine the perfect entry point.<\/p>\n

  How to count candles<\/strong>? There are 3 steps:<\/p>\n

  \n
  • Draw a red line connecting the bottom\/top of two tweezer candles like the example below.<\/li>\n
  • Draw a horizontal line of 8-10 candles forward, counting from the engulfed candle (You can measure the distance of 8-10 candles in the past to draw this horizontal line).<\/li>\n
  • Connect this point to the highest\/lowest price before the reversal (up to 14 candles)<\/li>\n<\/ul>\n