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Set-up

Entry
Draw Support and Resistences' lines on M30 When the RSI is above 70 or below
Pivots (H4 MT4, H1 cTrader) on M5 price approaches to PP or Support/R
RSI (11) Looking for a very good price action
RRR>1:1.5

Exit
Pivot Point
Support/ Resistence

Price Action

Time

Date Important level RSI Price Action Risk Position


22 Agust Support y hammer 1.5 Long
22 August Support Y The price made double bottom i 1.5 Long
23 August Resistence Y The price break up the resiste 1.8 Short
8/23/2018 Support Y Hammer on a support 2 Long
8/24/2018 Support y Hammer with a long shadow 1.3 Long
8/30/2018 Gap and continue NA I took this trade because the 1 Short
8/30/2018 double top y convergence in RSI shown the 2 Short
8/31/2018 Support Y Hammer 2 Long
8/31/2018 Resistence y Price action 2 Short
hen the RSI is above 70 or below 30
ice approaches to PP or Support/Resistence
oking for a very good price action(loosing momentun, reversal pattern, Engulfing, pinbar candles)

pport/ Resistence

Pips Candles Timing


7 12 Good
17 12 Good
35 3 Good
24 8 Good
10 12 Good
52 12 Not bad
6 12 Good
-30 6 Good
0 12 Good
eversal pattern, Engulfing, pinbar candles)

Note:

Jump in with 2 lots until the expected level exit, then take
out 1 lot and leave run the position until two times the
profit, the stop must be move to break even
Long
Short

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