Dorafxcom

SMC Combined with Supply and Demand Zone

PEPPERSTONE:EURUSD   Euro / U.S. Dollar
Dorafxcom Trading Guide
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Higher Time Frame (HTF) 4H-1D Chart
(1) the asset trend overview (Up or Down-trend)
(2) Drawing FIB Ret. from previous high to previous
low (if current price @ 62% to 88% or above or
below 50%)
(3) identify Order Block (OB) that mitigated to
support and demand zone or fresh RBD &
DBD supply or DBR & RBR Demand zones
(4) identify Break of Structures (BOS),
liquidity (x), Stop Hunt ($), Change of
Character (CHoCH) Point of Interest (POI)
(5) Draw Distal and Proximal-Line and Gann Box
(last bullish or bearish candlestick before the
expansion. Preferred engulf by bullish or
bearish candlestick)
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Lower Time Frame (LTF) 5M-15M Chart
(1) Wait for the LTF price to test the HTF FiB Ret,
62% to 88%.
(2) Wait for the LTF trend to be in-lined with
the HTF (HTF Uptrend LTF Uptrend or HTF
Downtrend LTF Downtrend)
identify Order Block (OB) that mitigated to
support and demand zone or fresh RBD &
DBD supply or DBR & RBR Demand zones
(3) identify Break of Structures (BOS),
liquidity (x), Stop Hunt ($), Change of
Character (CHoCH) Point of Interest (POI)
(4) Draw Distal and Proximal-Line and Gann Box
(last bullish or bearish candlestick before the
expansion. Preferred engulf by bullish or
bearish candlestick)
(5) Draw Gann Box from the High to Low of the
last bullish or bearish candlestick
(6) Set buy or sell limits at 50% and Stop Loss
below the low or above the high of the
candle.
(7) sessions: London and New York Trading
Sessions

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