In my personal daytrading experience, I've found that the simplest strategies often yield the best results—and this 'one candle per day' approach is a prime example. The key lies in focusing your attention on the very first 5-minute candle of the trading session, which captures the highest volume and sets critical high and low levels for the entire day. By marking these levels, you establish clear boundaries for your trading range. One technique to watch closely is the formation of a Fair Value Gap (FVG) on the 1-minute chart after this candle closes. This pattern appears when a candle moves aggressively, leaving a visible gap between the wicks of surrounding candles. Spotting this signals a shift in market control—whether the buyers or sellers are dominating—and helps you position your trades accordingly. I enter my trade immediately after the gap confirms market direction, placing my stop loss at the candle that broke the range. What makes this approach even more attractive is its fixed risk-reward model: aiming for a 2:1 payoff, which helps manage losses effectively and maximize gains. While this method might sound overly simple, the discipline of sticking to one candle and following its signals daily reduces emotional trading and overcomplication, which are common pitfalls that often drain traders' profits. Consistency with this approach allowed a trader to make over $100,000 in net profit within a single month—a testament to the power of simplicity and volume-based analysis in daytrading. For those new to daytrading or struggling with complex systems, I recommend giving this candle-based setup a try. Backtest it on historical data first, and once comfortable, apply it live with defined risk parameters. Over time, you’ll likely discover that the market doesn’t need intricate strategies to profit—sometimes, understanding one critical candle at the right time is enough to succeed.