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VitsTada

Steps to taking successful trades through hardcore market analysis

By VitsTada, in Forex Trading

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VitsTada    1

VitsTada
Posted

Steps to trading
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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)

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