Julia's coding blog - Practice makes perfect
From January 2015, she started to practice leetcode questions; she trains herself to stay focus, develops "muscle" memory when she practices those questions one by one. 2015年初, Julia开始参与做Leetcode, 开通自己第一个博客. 刷Leet code的题目, 她看了很多的代码, 每个人那学一点, 也开通Github, 发表自己的代码, 尝试写自己的一些体会. She learns from her favorite sports – tennis, 10,000 serves practice builds up good memory for a great serve. Just keep going. Hard work beats talent when talent fails to work hard.
Monday, June 22, 2026
I Became A Profitable Trader Using This Simple 3-Step Candle Strategy
Here is the link.
00:00 - Introduction: The Mistake That Ruined Me 02:30 - The Worst Patterns To Trade and Stop Hunting 06:16 - The Pitchfork Framework 07:03 - Step 1: Bias 09:26 - Step 2: The Sucker Move 10:29 - Step 3: The Pitchfork To Enter 14:10 - Live Trade Example Most traders make the same mistake over and over again… They wait for "confirmation," jump in too late, and then watch price reverse right after they enter. Sound familiar? It’s not just bad luck—it’s because you’re entering at the wrong spot! In this video, I’ll show you how I kept messing up for years and what completely changed my trading: ✅ Why waiting for confirmation can actually work against you ✅ How I was entering where smart money was taking profits ✅ The truth about stop hunting and why it keeps stopping you out ✅ Step 1 of the Pitchfork Method – Finding key liquidity zones on the daily chart ✅ How to spot where big players are positioning before the move happens 📉 WHY THE DAILY CHART MATTERS Most traders jump straight to small timeframes—5-minute, 15-minute, maybe the 1-hour chart—thinking that’s where the best trades are. But they completely ignore the bigger picture. ✅ The daily chart is where big institutions place their trades. ✅ It shows major liquidity zones where price is most likely to react. ✅ It helps you avoid getting trapped in stop hunts and fake breakouts. Think of it like Google Maps—if you zoom in too much, you’ll get lost in side streets and miss the bigger road ahead. The daily chart gives you a roadmap before you worry about fine-tuning entries on lower timeframes. 📊 WHAT IS THE PITCHFORK METHOD? This 3-step candlestick method helps you enter before the move happens—where smart money is actually getting in. 🔹 Instead of chasing price after confirmation, you’re already positioned before the breakout. 🔹 Instead of placing stops where retail traders do, you place them where institutions won’t hit them. 🔹 Instead of reacting, you plan ahead using liquidity zones. In this video, I break down each of the 3 steps.
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Summarize the video
This video, presented by Sylvia, outlines a three-step candlestick trading framework she calls the "Pitchfork Method." The strategy is designed to help traders enter positions before major moves occur, avoiding common pitfalls like "stop hunting" and chasing breakouts.
The Core Problem: Why Traders Fail
Sylvia explains that retail traders often lose because they:
- Wait for confirmation, causing them to enter too late (0:00 - 3:00).
- Place stop losses at obvious support and resistance levels, where institutional traders hunt for liquidity to fill their orders (4:41 - 6:15).
The 3-Step Pitchfork Method
To avoid these traps, Sylvia recommends this systematic approach:
- Step 1: Determine Bias (Daily Chart): Always start with the daily chart to understand the broader market structure and direction. This prevents counter-trend trading and helps identify major liquidity zones (7:03 - 9:25).
- Step 2: The "Sucker Move": Identify a short-term trend reversal where price briefly breaks a support level, sucking retail traders into bad positions and hitting their stop losses. This is typically characterized by 3-5 consecutive candles in the opposing direction (9:26 - 10:28).
- Step 3: The Pitchfork Entry: Look for a "John Wick" candlestick—a reversal candle that shows buyers (or sellers) stepping in. Place your entry order just above this candle (for a long trade) and a stop loss below it, entering before the main breakout (10:29 - 14:10).
Trade Management
trade 5 min candlestick pattern reversal what other can compete with this one
Because candlestick patterns can be subjective and prone to false signals on short timeframes like the 5-minute chart, many professional traders pair or replace them with volume-based analysis, moving average dynamics, and strict chart pattern breakouts. [1, 2, 3, 4, 5]
Other highly competitive strategies and concepts that rival or enhance 5-minute reversal candlestick patterns include:
1. VWAP & Opening Range Breakouts (ORB)
- What it is: Instead of hunting for a falling star or hammer, you map out the high and low of the first 5-minute candle of the day. You wait for the price to break above/below it, retest the level, and trade the continuation. [1]
- Why it competes: Because this strategy relies on objectively measured levels (rather than reading candle wicks), it provides clear entry, exit, and stop-loss rules. [1, 2, 3, 4, 5]
- How to use it: Day traders often combine this with Volume-Weighted Average Price (VWAP) to identify the dominant trend. [1, 2, 3]
2. Micro Chart Patterns
- What it is: Rather than looking at a single 5-minute candle, you zoom into the 5-minute chart to look for classic structural reversals like Double Tops/Bottoms, Inverse Head & Shoulders, or Wedges. [1, 2, 3, 4, 5]
- Why it competes: Chart patterns show shifting market structure (e.g., a failure to make a higher high) rather than just trader indecision. [1, 2, 3, 4, 5]
3. Mean Reversion & Liquidity Sweeps
- What it is: Traders watch for when the price aggressively sweeps the "high" or "low" of the day. If the price fails to follow through on that new high/low and aggressively snaps back inside the previous range, it indicates a failed breakout and a trading opportunity. [1, 2, 3, 4]
- Why it competes: This concept focuses on understanding the psychology of "trapped" retail traders and where institutional money is stepping in. [1, 2]
- Where to find it: Read community discussions on platforms like Reddit Daytrading to see how algorithmic traders utilize liquidity sweeps and trap patterns. [1]
4. Supply & Demand Imbalances (Order Blocks)
- What it is: You look for zones on the 5-minute chart where large institutional orders previously entered the market, causing a strong and impulsive price move. [1, 2]
- Why it competes: This strategy doesn't rely on interpreting small candle formations; instead, it looks to trade off predetermined, high-probability support and resistance zones when the price returns to them. [1, 2, 3]
If you want to refine your reversal strategy, tell me:
- What markets do you primarily trade (e.g., Forex, US Equities, Crypto)?
- Do you use any indicators (like RSI, Moving Averages, or VWAP)?
- Are you finding you struggle more with false entries or exiting too early?
I can help you build a more systematic approach based on your answers.
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