Wednesday, November 18, 2020

A SHORT TUTORIAL

1. Go to the previous daily candle and Draw 3 horizontal lines:

-          High

-          Low

-          Mid

 

2.a If the current price action is below the 50% M (Mid Range) of the previous days candle then our bias is bearish

2.b If the current price action is over the 50% M (Mid Range) of the previous days candle then our bias is bullish 




STOP LOSSES:

 

Intra Day - 35 to 50 Pips

Swing - The previous daily candles` High/Low


LONG:

2.a Our entry is defined by:

-          A Green arrow signaling an EMA cross /Entry Recommendation/

-          A Whole candle closes above the 5 EMA (White) /Entry Confirmation/

2.b Our exit is defined by:

-          A Red arrow signaling an EMA cross /Exit Recommendation/

-          A Whole candle closes below 20 EMA (Green) /Exit Confirmation/

 


SHORT:

3.a Our entry is defined by:

-          A Red arrow signaling an EMA cross /Entry Recommendation/

-          A Whole candle closes below 5 EMA (White) /Entry Confirmation/

      3.b Our exit is defined by:

-          A Green arrow signaling an EMA cross /Exit Recommendation/

-          A Whole candle closes above 20 EMA (Green) /Exit Confirmation/

 

         --------------------------------------------------------------------------------------------

HAPPY PIPPING!


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