PART ONE :
For the first month of trading :
At time 02.00 Open broker chart EURUSD or GBPUSD MN TF up , fitting in beginning the 1st of the month
Prepare the Chart EURUSD or GBPUSD at TF D1
Consider just one last Candle
For just one day of trading :
At time 02.00 Open broker chart EURUSD or GBPUSD D1 TF up .
Prepare the Chart EURUSD or GBPUSD on H1 TF
Consider just one last Candle
TF = Time Frame
MN = Monthly / Monthly Time Frame
PART TWO
we proceed
For Monthly Trading
Back to the chart TF MN last note of the current candle is approximately at 06.00 am .
Note the direction of movement of the candle , leading down or up .
If the direction of the candle down , open the chart TF D1
Need not attach any indicator . Need not use Fibo , Suport Resistance , Trendline and all sorts .
In TF D1 in the direction of movement of the OP SELL TF candle in MN .
Pake TP 300-500 . Do not be greedy .
If the candle opposite direction . OP BUY .
OP = open transaction SELL sell
OP = open transaction BUY buy
TP = Take Profit
D1 = Time Frame Daily
Comprehension : Hours 06.00 am , pay attention to the last candle on a montly time frame , then pay attention to the direction of movement up or down the candle . When you know the direction of the candle , D1 time frame Open , Open sell / buy in accordance with the TP movement canlde 300-500 .
For Daily Trading
The same pace as the monthly trading , making a difference around the TP 15 pips for EUR / USD and about 20 pips for GBP / USD
Note :
Not using SL ( Stop Loss ) , use lots and TP corresponding to the amount of capital .
In TF MN only seen the 1st candle
Key to victory is discipline and not greedy .
Lot large , small TP = Profit . Do the opposite .
In the past this hour , later studied again
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