The original system is : https://www.forexfactory.com/thread/...akers-at-their
Please direct any questions regarding the system to the creator of that thread - newbie2014
This is only a journal of trades i am taking as part of my learning process. Thank you, newbie2014, for sharing how you trade - along with screenshots.
Trade from London Open to London Close.
Do not chase the price or force trades.
Trade what you see and not what you think.
Trade without GREED and Trade without FEAR
Criteria for valid trade set up:
1) The price should have previously moved quickly and swiftly (100+ pips) from the zone.
2) The crack and snap along with formation of M or W pattern should have completed within 24 hours
Additional confirmation:
1) Use trend lines with the following angles (from the starting of a nice move)) and see how price reacts once those are respected initially but broken later
75 deg
60 deg
45 deg
30 deg
Please direct any questions regarding the system to the creator of that thread - newbie2014
This is only a journal of trades i am taking as part of my learning process. Thank you, newbie2014, for sharing how you trade - along with screenshots.
Trade from London Open to London Close.
Do not chase the price or force trades.
Trade what you see and not what you think.
Trade without GREED and Trade without FEAR
Criteria for valid trade set up:
1) The price should have previously moved quickly and swiftly (100+ pips) from the zone.
2) The crack and snap along with formation of M or W pattern should have completed within 24 hours
Additional confirmation:
1) Use trend lines with the following angles (from the starting of a nice move)) and see how price reacts once those are respected initially but broken later
75 deg
60 deg
45 deg
30 deg
