Al shahba
Every one know Consolidation or range market where no trend where most of trader there SL hit
From range market or Consolidation trend forming up or down
But no one know AL Shahba
AL Shahba trading strategy have been develop By Waddah Attar
So what is AL Shahba
Every one know Consolidation or range market where no trend where most of trader there SL hit
From range market or Consolidation trend forming up or down
But no one know AL Shahba
AL Shahba trading strategy have been develop By Waddah Attar
So what is AL Shahba
- Al shahba
- It depends on the price fluctuations in a rectangle can be easily determined from the chart.
- Wait to have at least 3 Peak and valley within the rectangle
- Valid for all Time frames and pairs. But by experience we add some additional rules
- Should be the price may fluctuate up to 40 points at least to be a strong opportunity,
- After Draw rectangle price should not be out side the rectangle by ½ distance of rectangle height
- Will start count since price inter rectangle and touching bounder side
- After 5th or 6th some time 8Th count will order to order sell stop and buy stop at upper and lower edge of rectangle.
- SL will be at the other edge of rectangle TP will be equal to height of rectangle in some time we closed at 75 -60% from BE
- We will used Multiplicity 1 2 4 8 16 till we hit target or will get from 5th multiples
Attached Image (click to enlarge)
GREENIUS
