On This thread we will learn about MSnR and Engulfing mixing ....
Combination of SNR & EG TRADING PLAN (AKFX SnR and my EG PDF for Engulfing)
-Storyline(Direction) using HTF SNR
-Setup using HTF SNR OR H4 EG/EF setup AREA.
-Within setup zone find M30 Zone or m15 fresh zone or H4/H1 Apex or Last resort.
-Follow the Roadblock as per EG method.
SNR Trading Plan:
First things to remember ------ HTF (M/W/D) LTF (H4/H1)
Need understanding of Storyline (STL) for each HTF.
Trading Plan Part
1. Direction
2. Entry
3. Execution
Direction (2 way it can start):
Look for Reaction (Rejection)
1. TF reject same TF
2. BO one TF below
-Preferred: BO 1 TF below as a result of 1 TF above.
-Alternatively: BO will happen during the process or coming days.
Entry:
Our Setup TF is H4 (EG/EF) & Entry TF is M30/M15 for GOLD
- Find First Entry on M30 (Old EG) or Trade control (New EG) on M30
- H4 Zone precise to M15 (Fresh zone) entry on first touch .
- First Entry (High Risk) TC entry (Low Risk)
Confirmation Entry (CE):
High Risk: M15 EG/ M5 EF OR M1 ABC
Low Risk : M15/M5 ABC
Execution:
Direction Entry ---Counter Entry
Monthly------------- Weekly
Weekly--------------- Daily
Daily------------------- H4
No other TF for Entry & Counter Entry.
Only HTF will tell the story & LTF (H4/H1) for MTF or refinement...
• Keep eyes on every closing Ex. MN-WK-D1 (if it’s reject or Break).
Important Note: Roadblock (RB)
- Your Next M30 or H1 Zone is the First TP
- Within the First TP area look for counter entry
- Find Confirmation Entry at your RB Zone
- If RB break price will go next Zone.
Combination of SNR & EG TRADING PLAN (AKFX SnR and my EG PDF for Engulfing)
-Storyline(Direction) using HTF SNR
-Setup using HTF SNR OR H4 EG/EF setup AREA.
-Within setup zone find M30 Zone or m15 fresh zone or H4/H1 Apex or Last resort.
-Follow the Roadblock as per EG method.
SNR Trading Plan:
First things to remember ------ HTF (M/W/D) LTF (H4/H1)
Need understanding of Storyline (STL) for each HTF.
Trading Plan Part
1. Direction
2. Entry
3. Execution
Direction (2 way it can start):
Look for Reaction (Rejection)
1. TF reject same TF
2. BO one TF below
-Preferred: BO 1 TF below as a result of 1 TF above.
-Alternatively: BO will happen during the process or coming days.
Entry:
Our Setup TF is H4 (EG/EF) & Entry TF is M30/M15 for GOLD
- Find First Entry on M30 (Old EG) or Trade control (New EG) on M30
- H4 Zone precise to M15 (Fresh zone) entry on first touch .
- First Entry (High Risk) TC entry (Low Risk)
Confirmation Entry (CE):
High Risk: M15 EG/ M5 EF OR M1 ABC
Low Risk : M15/M5 ABC
Execution:
Direction Entry ---Counter Entry
Monthly------------- Weekly
Weekly--------------- Daily
Daily------------------- H4
No other TF for Entry & Counter Entry.
Only HTF will tell the story & LTF (H4/H1) for MTF or refinement...
• Keep eyes on every closing Ex. MN-WK-D1 (if it’s reject or Break).
Important Note: Roadblock (RB)
- Your Next M30 or H1 Zone is the First TP
- Within the First TP area look for counter entry
- Find Confirmation Entry at your RB Zone
- If RB break price will go next Zone.
Attached File(s)
AKFX SnR Notes By AshiQ.pdf
618 KB
|
1,294 downloads
Engulfing Method by AshiQ.pdf
279 KB
|
1,158 downloads
Trade The Probability