pitfork

SteveTan

Detail @ The Chart

SteveTan

1) Risk max 2% of your a/c in any trade 2) Look for min 3:1 risk/reward ratio setup e.g Sl 100 pips TP 300 pips 3)Repeat step 1) & 2)

SteveTan

Detail @ The Chart

SteveTan

By breaking new low, we wait for new buy setup at around 140.25

SteveTan

Charts consist in 3 Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed/How "fast" price travel according to time )

SteveTan

P/S There was ONLY 3 subwave ( abc ) inside any Impulsive 1,3,5 wave instead of 5....... Use your preferred mechanical system for your entry confirmation ...enter from lower Time Frame than the chart setup .. E.g ADX . . DM crossover etc... STOP LOST will be previous swing point after the entry signal generated by the mechanical system.

SteveTan

P/S There was ONLY 3 subwave ( abc ) inside any Impulsive 1,3,5 wave instead of 5....... Use your preferred mechanical system for your entry confirmation ...enter from lower Time Frame than the chart setup .. E.g ADX . . DM crossover etc... STOP LOST will be previous swing point after the entry signal generated by the mechanical system.

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Buying at fresh demand zone