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Less Watch time Method (LWTM)

author EAcpu | 6 reads | 0 comments |
The Less Viewed Time Method (LWTM) is for people who can’t devote much time to screens and have other things to do.

Entries
Enter the trade by watching the New York opening 1H candle.
Buy>>> When
1- New York Open 1H candle is bullish with minimum wick or
2- Doji candle appears in New York 1 hour opening candle, after a downtrend or
3- The Hammer candlestick appears on the New York 1 hour opening candle.

when
1- New York Open 1H candle is bearish with minimum shadow or
2- Doji candle appears after New York 1 hour opening candle uptrend or
3- The shooting star candlestick appears on the NY 1H opening candle.

quit
Exit every trade at 1:00 before the opening of the next day's New York session. (if profitable)
If the trade is losing, watch the New York open 1 hour candle; if the New York open 1 hour candle shows the opposite trade idea, exit. (Accept loss) Otherwise wait another day to trade.

Money management
Since this method only works for GBP/USD so,
Divide the entire account balance by 150 pips to place the trade.
For example, if you have an account with $100, you must enter 0.07 lots (rounded)

-------------Filter-------------
ATR >>>>>> Posts # 65 and 66
Basic knowledge>>> Article 43

ethics
I have to clarify some points in this forum that everyone should keep in mind.
1- No one is obligated to this system.
2- If you think it will work, you can follow it.
3- If you think it doesn't work, you should not follow it or post anything negative on this forum.
4-I am under no obligation to anyone to share any of my transactions or discuss anything here.
5-I won't reply to people who haven't read old posts and ask the same questions that have already been answered.
6- Anyone whose posts insult, humiliate or make fun of others will be blocked without any innuendo.
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