Three basic skills for profitable trading from Mr. Golden

⚠️ DISCLAIMER:
If you're a complete beginner and somehow stumbled upon this guide by accident — it's better to first check out my Telegram channel and learn the basic principles of price action before you start trading. 👉 BWG HUB 👈

This is the strategy that got me my first profits in trading.
No complicated analysis — just RSI, candlesticks, and a bit of patience.
It works for both beginners and experienced traders.
3–5 minute expirations, clean entries, consistent results.
If you're looking for something simple and effective — this is it.

✅ Platform: PocketOption
✅ Timeframe: 1-minute candles
✅ Expiration: 2–5 minutes

1. Activate the RSI (Relative Strength Index)

2. Identify the following patterns:

Candlestick patterns:
(1) A candle with a small body and long wicks:

(2) Three-candle formation:

On the chart, it won’t always look perfect — the key is to understand the logic behind how candles form.

RSI:
(1) RSI Bullish:
A bullish candlestick pattern (as shown above) + RSI divergence near the 30 level.

(2) RSI Bearish:
A bearish candlestick pattern (as shown above) + RSI divergence near the 70 level.

📈 Entry Conditions for an Up Trade (BUY):

• RSI is below the 30 level (oversold)
• A reversal candlestick forms on the chart:
• Pin bar with a long lower wick
• Bullish engulfing pattern

🔹 Enter after the confirmation candle closes
🔹 Expiration: 3–5 minutes

📉 Entry Conditions for a Down Trade (SELL):

• RSI is above the 70 level (overbought)
• A reversal candlestick forms:
• Pin bar with a long upper wick
• Bearish engulfing pattern

🔹 Enter after the signal candle closes
🔹 Expiration: 3–5 minutes

🧠 Money Management:

• Use a fixed percentage of your deposit (no more than 3–5% per trade)
• Apply a 2-step Martingale only on clear signals (no more than once per session)

📌 Tips:

• Trade during high-volatility sessions:
  London: 07:00 – 10:00 UTC
  New York: 12:00 – 15:00 UTC
• Don’t enter a trade without a clear signal: RSI + candlestick + level

Example of a valid setup:

1. The price is overbought on RSI, a small-bodied candle forms, followed by a large red candle confirming the direction.

2. Oversold on RSI with contact at the 30 zone, followed by a small-bodied candle and then a strong bullish candle.

3. Oversold on RSI + a small-bodied candle, followed by a strong bullish reaction with two large green candles.

4. Here are a few more examples — I think you get the idea by now...

If you add support and resistance levels to this strategy and open positions specifically at those price points, your win rate can reach around 81%.

Remember: Before using this system with real money, make sure to test it on a demo account for better understanding.

Got questions?
Message me directly 👉 @bwg_supportmanager_bot