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Law Of Chart | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

author EAcpu | 4 reads | 0 comments |

Trade what you see, not what you think, because trading is business

Hi traders, please give me a call O N .....my new thread introduces this method. I have been using other methods in my trading strategies but I decided to keep it simple in this amazing strategy but the only reason to open this thread is to bring out other interesting and amazing patterns that always form in the peaks and troughs in our charts. It can be small or it can be big but it all depends on the timeframe you are looking at, the choice is you use small timeframe for small targets or large timeframe for big targets, remember the bigger the timeframe the stronger the pattern...but for me I will use either the 5 minute chart or the 15 minute chart for my entries if I decide to hold a position for the long term or intraday and use other TFs for confirmations.
One thing I thought about before opening this thread, I have been looking for posts using this method on FF but still can't find any, I know most likely someone is trading this method out there but not on FF, or maybe it is some other format, which gives me the main reason to push it out and make it more popular. I have a very good friend who introduced it to me and is more professional in the 1-2-3HL trade. Let's share analysis and tell me if I'm wrong, I find this pattern comes up every now and then, sometimes it works, but sometimes not like they always say, there is no holy grail, so no system gives 100% good results, there are bound to be times when you will make the wrong decision, but what I care about is sustained profits, minimize your losses, maximize your profits, good MM don't forget your stop loss. It works on every currency, stock, CFD commodity...just a simple bar or candle chart of highs and lows, please read this book for more understanding.
My platform does not allow custom indicators so I do everything manually
Automatic 2 previous day high and low lines.
New market opening automatic vertical line I drew 50ema as my channel to break out of RH, ledge, congestion, trading range from LOC.


Attached below is its book, so use it to learn and understand how to find this pattern.
Thank you for reading this article and sharing your opinion, and I wish you all the best with your trading. http://cdn.forexfactory.com/images/s...m/thumbsup.gif
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