Steps to taking successful trades through hardcore market analysis in Forex Trading Posted October 28, 2020 Steps to trading _______________ 1.dentify supply and demand in higher timeframes using the factor 4 / factor 6 method. 2. Now Draw zones of support and resistance in lower timeframes or the timeframe you intend to trade in 3. Identify Higher Highs (HH) and Higher Lows (HL) in uptrend (put dots) ; Buy at HL only since that is the impulsive move 4. Identify Lower Highs (LH) and Lower Lows (LL) in down trend(put dots) ; Sell at LH only in downtrend since that is the impulsive move 5. Avoid selling in uptrend in fact DON'T SELL, NEVER SELL in an uptrend. (Same applies to downtrend; trade along the trend and take impulse moves) 1
Steps to taking successful trades through hardcore market analysis
in Forex Trading
Posted
Steps to trading
_______________
1.dentify supply and demand in higher timeframes using the factor 4 / factor 6 method.
2. Now Draw zones of support and resistance in lower timeframes or the timeframe you intend to trade in
3. Identify Higher Highs (HH) and Higher Lows (HL) in uptrend (put dots) ; Buy at HL only since that is the impulsive move
4. Identify Lower Highs (LH) and Lower Lows (LL) in down trend(put dots) ; Sell at LH only in downtrend since that is the impulsive move
5. Avoid selling in uptrend in fact DON'T SELL, NEVER SELL in an uptrend. (Same applies to downtrend; trade along the trend and take impulse moves)