rozela99

DO YOU KNOW HOW TO READ PRICE ACTION? #7

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
23 0 1
TARGET HIT! SUCCESS! WAS THIS EASY?

Here are the rules:
Find support and resistance and mark it on the chart.
THEN wait for a HHHC
IF you get a HHHC
THEN wait for NSH            
IF you get a NSH            
THEN mark you stop loss -10 pips from MRL             and your target @ NSH            
IF price retraces enough to give you at least a 1:1 rr
THEN buy next bar market
IF you buy next bar market
THEN go do something else and let the trade play out.

Remember Process over Outcome
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