Here are some of the examples of alligator and candlestick formations that were formed last week. The examples are for the currency pairs EURUSD. The examples are in the timeframes of 30 min. and 1 hr. For this currency pair this technique is working in the london and US sessions much and in asian timings it is working very less that means we can target for more number of pips in US and London market sessions but in asian session, less number of pips.

The following are the pictures for the time frames of 1hr and 30 min. I will also show you some of these formations in the asian timings but you can see that you can target for less number of pips like 15 to 20 pips in these sessions than the other session where you can target for around 60 pips.

The following is the one for 1hr time frame. The 1st trade formation formed right after 1hr of the london session started. That means at 4 AM in the EST time. The second trade candlestick formation at 8 AM EST time which right at the beginning of the USD session.

The above picture shows the candlestick formations on the alligator in 1hr timeframe

The following is a bearish candlestick formation on a 30 min. chart. But it is formed at 10 PM in the EST timings, which is a purely asian time zone. You can see that the trade you can target only for less number of pips like 15 pips. It deccreased only for 15 pips of the formation so even if you enter the trade you should look for only 15 pips. One thing you can do is you can put the target profit at the resistance line you are seeing in the picture.

The above picture shows you the alligator and candlestick formation on a 30 min. chart in asian timings but you can see that it is not working

The following is the EURUSD alligator and candlestick formation on a 30 min. chart at different times. The first trade formed at  9 AM in the EST time.The second trade formed at 10 AM in the EST time on the next day. The third trade formed at 7:30 PM in the EST time which is asian time zone. The fourth trade fromed at 8:30 AM EST time. The fifth trade formed at 5 PM EST time. You can see that the first two trades worked very vell as they are in the London time zone and before the beginning of US market. But the third one did not do well as it is in the asian time zone but it still went down for 30 pips. So in asian time zones also we can go for trading but we have to target for less number of pips. Generally put a stop loss at the previous support or resistance lines. The fourth trade is again in the US market session so it worked very well. But the firth one is again in the asian time zone so you have to target for less number of pips. You can use the resistance line as the target profit in the fifth trade which is in the asin time zone. In asian timezone generally the market is flat and it won’t move a lot. So you have to target for less number of pips. Check the following picture.

The above screenshot shows the alligator and candlestick formations at different times in different market sessions