This post is from December 2008. These days, master candles do not work anymore, so I do not trade them. You can read more about why master candles don’t work here.
Did you grab the 60 pip master candle break yesterday?
The master candle formed 135.90 and 137.36, it took a whole 8 candles before it broke. It broke the support at 135.90 and moved around 66 pips before it reversed. Realistically with spread this trade was worth 50-60 pips. The target was 60 pips from the line and the target was met.
Who made pips on this one?