 SRDC Advance
Strategy Part I
Hi Padawans and Grandmas,
Instead of answering all your
questions, one at the time (I have 100s a week to answer, which is almost
impossible), I will post this strategy, in the hope it will help you to
understand it more clearly.
Have you ever trade level I, your trade
reverses and hit your stoploss, long before you get your
5pips?
Well, welcome to the secret 10/10 winning 5pips trades, well
almost.
With the strategy outlined here, you can harvest more than
5-100pips without worrying too much on your trade being
reverse.
The secret is 15mins chart.
In this timefrane, the
candles are drawn every 15mins, therefore filtering many bad trades. The
Rules are:
- Donot enter immediatelly upon penetration of
S&R
- Wait until the candle that penetrate the S&R to
close
- See, when the next candle is fully formed outside the
S&R
- Then when it does, Trade on the next opening.
- When it
doesnt (maybe partly went back into S&R) then goto back to the first
rule.
.S I M P L
E.
Watch the chart provided below and
understand the concept. When you can grasp it, then you dont have to worry
me taking part of your account. When you still cant, then as usual, I will
say. "I AM SORRY".
THE FIRST
CHART
- The highlated candle is the Fully formed candle
after the candle penetration of S&R
- Trade on the Candle shown
by the Arrows
THE SECOND
CHART
- Look at the Penetration of the
Resistence (TOP). In 1hr chart, that would be a loss. But, with SRDC
Advanced strategy Part I, you will avoid that trade because it doesnt
comply with the rules.
May JajBinks sillyness be
driven away from you!
__________________
Change Your Thinking.
Change Your Life - JD
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