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SIDEWAY BREAKOUT + RBS+ ENGULFING FAILED
When the market is sideways we need to wait for price break Support or resistance first. ✅
If the price successfully breakouts the Resistance area, we need to wait for the price to make a pullback in the broken Resistance area (RBS) for a BUY entry. ✅
For the zone we can mark on the Bearish engulfing candle that is broken (Engulfing failed). ✅
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SUPPORT AND RESISTANCE + CHART PATTERNS
- Near here are various chart patterns that can be used in your trading
- Understand that you must be able to execute the market easily
🟢 BUY
🔴 SELL
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GAP RETEST STRATEGY + DOUBLE TOP
Resistance zone pull back
- The opportunity to find a sell in this picture, you can see how we want to play risk and reward you
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Please read and understand exactly how to set BE+ (Part1)
-Break Even is something you MUST do when the price is running 15pips and above. Trust me if you do this you won't lose! Discipline in trading is very important!
-BE is a measure to protect your capital or existing entry/capital account from continuing to suffer losses after profit
-In other words, no profit and no loss in your trade.
-This step can be done by changing the SL level with the price we enter.
-You can see the picture on the left for stop loss (SL) and the right one that you have to change to BE
Hope this knowledge is Useful for all of you to Become a Discipline Trader One day 🤙🏻
Got it ? 👀
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Patience is key in trading
Fight ur emotions and be Patience
You re Patient to hit SL,why won't be Patience for Tp
Enter trade with confirmation and hold with Patience
Don't cut except ur confirmation fails
Learn and take the risk
You re one step ahead of becoming a millionaire
Keep improving.
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The Best Sell Setup for SMC
> Open Live chart view for marking area Double TOP
> Create new LQ Sweep and marking from area resistance
> Create new Choch
> Pulback area Choch entry for Sell
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*Top 5 Rules For Successful Trading*
*Rule 1: Always Use a Trading Plan*
A trading plan is a written set of rules that specifies a trader's entry, exit, and money management criteria for every purchase.
*Rule 2: Treat Trading Like a Business*
To be successful, you must approach trading as a full- or part-time business, not as a hobby or a job
*Rule 3: Use Technology to Your Advantage*
Trading is a competitive business. It's safe to assume that the person sitting on the other side of a trade is taking full advantage of all of the available technology.
*Rule 4: Protect Your Trading Capital*
Saving enough money to fund a trading account takes a great deal of time and effort. It can be even more difficult if you have to do it twice.
*Rule 5: Become a Student of the Markets*
Think of it as continuing education. Traders need to remain focused on learning more each day. It is important to remember that understanding the markets, and all of their intricacies, is an ongoing, lifelong process.
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5. And when the floating price is negative again, 20 pips from the open/entry price, you add another position to suffice our lot sizing 0.05 by inserting the last layer with 0.02
6. Maximum only two layers to avoid over layering.
7. So let say if we hit SL, the loss is very small compared to if we enter and keep on continue with lot 0.05 at the first entry place.
8. If we are in a state of profit, our profit is greater than if we choose to enter lot 0.05 directly in the first entry.
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💡How to entry & Layering! (Martingale Layer)
1. Ok this layer technique is called Martingale Layer. I'm not kidding when I say martingale layering entry is one of the best entry to manage the risk.
2. First, you need to choose your lot size first. For this purpose, lets say you have 200 usd equity in your acc. And i choose 0.05 lot sizing because he is in the middle of low risk and mid risk.
3. When the signal comes out or when you want to entry. Our mindset is to fill our 0.05 lot sizing in layers. So first we enter the smallest lot of our 0.05, for example, lot 0.01
4. If the floating price is negative 10 pips from the open/entry price, you add another layer and increase a little from the number of initials entered. So you enter lot 0.02
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Another thing you need is a very good mentor.. Some people get misled by those who don't even know how to profitability trade for themselves. They leave you hanging somewhere. This is one thing that makes me different because as long as you are ready for me you must kill the market before I let you be 😄
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Always There Everydays Setup
- There's a Little Sideway
- 2 Liquidity Trendlines Below Supply / Oder Block
- There is a Break Of Structure
- Focus Last Supply / Top Order Block.
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LIQUIDITY GRAB Entry / TRAP Entry❗️
- Uptrend Trend Boss
- There is a Break Structure Boss with a Small Wave
- What if the Break Structure / Little Boss Is a Liquidity Pool Trap.
- We will look for the last demand that has never been touched by price
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To get all my pdf strategies which include
Breakout strategy
Price channel strategy
Big3 strategy
Full price action course
Join my VIP for free by trading with my broker or buy the ebooks for 10$
All my strategies have 90% accuracy
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Breakout strategy never fail always accurate
Get the pdf today and start making massive dollars
Dm
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Guys joining the channel the channel newly
I shared one strategy(Support and resistance)here that has 90% accuracy.
Scroll up the channel and read and understand .
Forget about what anybody told you about Support and resistance,read how I trade them here and see the difference between us.
Backtest the strategy and see forex will turn you to millionaire soon
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My main goal in this industry is to turn many traders profitable and be a suuccessful millionaire. Slowly but surely, we are getting there fam!
Just follow me, follow who know road
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The Best Sell Setup for SMC
> Open Live chart view for marking area Double TOP
> Create new LQ Sweep and marking from area resistance
> Create new Choch
> Pulback area Choch entry for Sell
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What is Pattern M ❓
3 ways to mark the Pattern M zone :-
1. Simple M > After a Breakout, there will be a pullback for entry.
2. Extended M > There will be a new Lower Low and there will be a pullback for entry.
3. Short M > Happens in small Time Frame, this is special for scalping only.
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HAPPY MONDAY ALL✨
Lets start a new week with positive vibes . If you won't missed any update from me, don’t forget to TURN ON NOTIFICATION .🔔
If you find any difficulties, lemme know @IBRAHIM2996
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Repost from N/a
3big strategy confirmation for a sell
Stop losing money in forex
Forex is not hard
We sell,we profit massively
