Wednesday, September 11, 2019

My full trend trading strategy rules

Hello traders 
Today i'm going to teach one of the best trend strategies you can use to maximize your profits also you can check out my latest video going through that strategy 
https://www.youtube.com/watch?v=LXfPvPR3cQQ

 The pull back strategy rules
 Bearish trade entry example 
 1 . market must break below the 50 ema 
 2 . market must make a new low Now the order doesn’t really matter meaning that market could make a new low and then break below the 50 ema Also it doesn’t have to be the 123 move Any pull back must consist of two candles so if price form a one candle pull back then break into a new low It will not be valid break for me The two candle pull back could be forming higher highs or could not 
3 . market must make a two candle pull back before looking for entry 
 4 . entry is going to be an engulfing candle 
Entry#1 if price doesn’t touch the 50 ema 
 Entry#2 if price touch the 50 ema and only have one close above it 
 5.engulfing pattern rules 123 engulfing candle if I have a two bullish higher highs candles followed by a lower high engulfing candle A swing high engulfing candle in which case I require an engulfing candle that makes a higher high after two higher highs bullish candles In both cases it doesn’t have to be the swing high I only care about the 3 candles patter But the entry candle can not close at or below the previous swing low body the engulfing candle must close below the body of the previous candle and it can be a gap candle if price form a low then break above the 50 ema and close more than 2 candles then I will start looking for a new trade and I don’t require a new low below the low created before the bullish break I only need a new low after the new break if price hit my target then touch the 50 ema then I wont look for entry unless price made a new low before
 6 . sl Sl will be an ATR based stop above the 3 candle pattern even if its not the swing high 20 pips will be the least sl 
 7 . TARGET WILL always be at a 1 : 1 risk to reward Entry#2 Will only happen if I get stopped out and then price touch the 50 ema and not have more than one close above it In case price hit target and then rally and touch the 50ema and give me an entry I will not take it unless price has formed a new low before that

note that according to my backtesting and live trading the AUDNZD is the best pair to work on this strategy and specially on the H4 chart 




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