AUDJPY BUY or SELL
- Weekly -> UP -> BUY
- Daily -> Big Bear Bar -> DOWN -> SELL
- Hours 4 -> WAIT next confirm double bottom at Demand zone:
Case 1: BUY -> Demand zone
Case 2: Reject Demand zone -> SELL -> Supply zone
- Daily -> Big Bear Bar -> DOWN -> SELL
- Hours 4 -> WAIT next confirm double bottom at Demand zone:
Case 1: BUY -> Demand zone
Case 2: Reject Demand zone -> SELL -> Supply zone
Note
"Rule #1: Don't lose MONEYRule#2: Don't forget Rule#1"
Open trade:
LONG
ET:68.816
SL:68.516
TP:69.553
Risk/Reward: 1:2.46
-> Reject after 4 hours if not hit.
Rule:
- Max RISK 2% per trade.
- Max RISK 6% per Capital
- Return 1%-3% per month, 12%-36% annual.
- SET & FORGET
Trade closed: stop reached
Missed trade -> Reject
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