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Anbat
29 Tem 2019 02:52

Example of Forex Master Pattern (Live Now) Eğitim

AUD/NZDOANDA

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Example of Forex Master Pattern (Live)

Update of my chart and article of a few days back.

The goal is 30 pips, but you would need to understand the Ichomokui indicator noted on the chart and Asian session (which is normally has low volume).

Also, noted pivot points which are on the chart, expansion phase hit exactly on S1 and reverse (beautiful), these are a great support and or resistance points, to use in your trading. Wish you best, always use stop loss and only 1% to 2% of your trading account per trade, related to money management.

I use now only three things on my charts to trade: Sessions, Pivot points and Ichomokui indicators. The reason is those other indicators and lagging and take up space on charts and charts are the number one reason to trade or price action, not indicators.

İşlem kapandı: hedefe ulaştı

Price Action hit R 1 or goal, would have got out of daily goal with around 30 pips. Not bad for Monday or Friday trading which tends to be lower volume and PA.

İşlem kapandı: hedefe ulaştı

The idea was right and target hit, keep trading simple. Why? life is hard enough.
Yorumlar
rounakskm
Hello,
Could you please point me towards which indicators to use to identify the contraction phase?
TimothyRyanHills
@rounakskm, looks like he is using the Ichimoku, and looking for the squeeze
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