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ECONOMICS MISCadvance forex kings

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1. Analysis for a sell is always from the bottom candlestick. 2) Analysis has to touch 2 or more times on the wicks (tails) of the candlestick, than its considered perfect analysis. 3) If it touche... s 5 or more times on the wicks(tails) than you enter with big lot sizes. 4). You don’t enter the market with the breakout candlestick. We avoid false breakouts. 5). You Enter with the 2nd candlestick called your confirmation candlestick. 6). Take profit is always from your analysis. 7). Stoploss is always at your highest point. Analysis for a buy: 1. Analysis for a buy is always from the top candlestick. 2) Analysis has to touch 2 or more times on the wicks (tails) of the candlesticks, than its considered perfect analysis. 3) If it touches 5 or more times on the wicks(tails) than you enter with big lot sizes. 4). You don’t enter the market with the breakout candlestick. We avoid false breakouts. 5). You Enter with the 2nd candlestick called your confirmation candlestick. 6). Take profit is always from your analysis. 7). Stoploss is always at your lowest point. Hints to go with the strategy: 1. Identify the trend first. 2. Zoom out on the charts to be able to analyse the trend properly. 3) Always go against the trend. 4). Uptrend: Looking for a sell 5). Downtrend: Looking for a buy. 6). Trade consolidation until take profit. 7). Don’t close trades until they hit take profit or stop loss [Show More]

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