[tymen1]

Originally Posted by FXCaribbean

Hi,

Here is my first questions on the ultimate method...
As everyone can't stay in front of his computer all the time, ......................

My thread teaching the use of candlesticks on a short time frame is designed for people who wish to make Forex trading a career.
Full time watching is part of this work.

When finished, we can expect up to 4 patterns in any 6/8 hour period and to make between 40-180 pips on each trade, depending on your skill and the power of the trade.

A full standard lot is used when finished, that is, 2 amounts = 1 standard lot.
Then 1 amount = 5 mini lots.

With such statistics, it becomes possible to each up to $7000 USD maximum, in any 8 hour period.
This may seem absolutely incredible, but it is really possible.

That is why I do not see the need for long term patterns, since this money is made very quickly on these short term patterns.
Approx $500 USD per hour trading is not unrealistic.

............................, can i conclude that even if one is late entering the UM, then he missed the first lot, he still can enter at the re-trace hit with the 2 lot ?

I like your abbreviation - UM.
I think I will use that.

So from now on : UM means Ultimate Candlestick Trading Method.

You are correct.
You can enter at the retrace point with 2 amounts.
There is nothing to stop you.
You will just make less pips than if you entered on time.

The ultimate method is based on Evening star and then we go short. Why this short choice first ? I ask because, at first sight, going short as a beginner was frightening me more than going long ! Would you say that short is much more positive than long and you are much more confident with this reversal pattern ?

The evening star is a good clear pattern to start with. It is also a very powerful pattern.
Trading short is no different from trading long. The level of difficulty is exactly the same.
Turn you chart upside down and short becomes long and long, short.