Step 1) Identify General Trends
Ø Identify a Valid
Trend Using MA100 + MA21
o
Must be a Up Trend OR a Down Trend
o
If Sideway Or Choppy, Dun trade
Step 2) Validate Concise Trending Pattern
Ø Using HH-HL à Valid Uptrend
Confirmation
If No Valid HH--HL, Dun Trade
Ø Using LH-LL à Valid Downtrend
Confirmation
If No Valid LH--LL, Dun Trade
Step 3) Entry Point @ Retracement
A)
For UpTrend
Ø Look for Retrace
Against UpTrend
Ø And follow by a
Rebounce against significant Support Line
Ø Enter Trade (TP:22Pip SL:20Pip)
B)
For DownTrend
Ø Look for Retrace
Against DownTrend
Ø And follow by a
Rebounce against significant Resistance Line
Ø Enter Trade (TP:22Pip SL:20Pip)
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