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Forex working strategy
WHAT IS THE MAIN THING IN MY TRADE SYSTEM?
Understanding the direction of prices on the daily chart. Which player takes the position - Buyer or Seller.
key levels of the daily chart
Local entry point
Signals to open a deal
SIGNAL - touch or break through the level of the day. after correction on the daily chart with the current trend to continue the trend
CONFIRMATION - closing the daily bar above or below the level, or false
breakdowns. Above the strip purchase, below the sale!
LOCAL INPUT POINT ON H1. Consolidation.
Login after a false breakdown.
My correct deal
I enter the transaction only by trend
rollback to the level I work with
entry point - consolidation just below or above this level, false breakdown.
take profit 1: 3 1: 4,1: 5