Comprehensive wave strategy

  • To enter and exit the market we use the breakdown of important levels, which are drawn with the help of fractals on the minute chart
  • Indicators such as ZigZag, trend line breakout, AO indicator cutoffs and Fibo levels building on potential wave A are used to confirm signals.
  • It also uses a synthesis of different time frames (m5-H4)on the chart to clearly define the movement for session periods.
  • For intra-day trading, it is better to use the time frame of the sessions.
  • Signals for intraday trading are given by charts and Fibo levels on M15-M30 timeframes.
  • Stop losses (lock) are placed 15 pips below the potential wave A. You can also exit the lock on breakdowns, but this requires time and patience.
  • Also, news that relates to the respective countries are used to determine market sentiment.
buy

Leave a Reply

Back to top button