5min The Force Expert
Expert Rules
Below are the rules for trading the forece expert. I have used
Friday as an example chart to demonstrate the rules in effect. This
is the best way to maximize your pips gain and the final goal that
everyone should strive for when trading my system from beginning to
end.
Wait for retracement and failed restes of the upper TL
Enter short after failed retest
Trace price with short term TL and add to position on bounces of
short term TL
Close all when the same thing happens in the opposing when the same
pattern happens again but opposite.
Trade setup
You will draw one long term TL upper and lower TL fomr the 15min
chart zoomed as far out as possible. Just connect the two most highs
and lows visible. Then go back to your 5min chart as this is the only
place the trades will take place. Find a comfortable zoom level but
not to close because you need to be able to see the bigger picture.
Enter short
Wait for the price to push then bounce or just bounce of the Upper TL
Thats it. If this doesnt make sense to you your not at the point
where your ready to trade the expert rules. The basic and advanced
rules are created to train your eye to recognise these patters. The
chart below is how I trade FX begind the scenes. From now on This
is what my charts will look like when I post them. I hope everyone
enjoys the feeling of satisfaction they will have for themself getting
to the point where they can trade in this fassion.
Enter Long
Wait for the price to push then bounce or just bounce of the Lower
TL
Wait for retracement and failed restes of the Lower TL
Enter long after failed retest
Trace price with short term TL and add to position on bounces of
short term TL
Close all when the same thing happens in the opposing when the same
pattern happens again but opposite.
Share your opinion, can help everyone to understand the forex strategy
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