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    Kabelo Gaosupelwe
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    The document provides instructions for entering the market using the RedBlue Method. It advises choosing a 3-hour time frame to identify price actions and support and resistance levels. An entry point should be where a price action occurs near a support or resistance level. Trades can be placed on 30-minute, 1-hour, or 3-hour charts as long as they are confirmed by the 3-hour chart. Positions can be taken whether the trend is up or down. Dual positions are recommended, with one taken to profit and one held for potential additional gains.

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    The document provides instructions for entering the market using the RedBlue Method. It advises choosing a 3-hour time frame to identify price actions and support and resistance levels. An entry point should be where a price action occurs near a support or resistance level. Trades can be placed on 30-minute, 1-hour, or 3-hour charts as long as they are confirmed by the 3-hour chart. Positions can be taken whether the trend is up or down. Dual positions are recommended, with one taken to profit and one held for potential additional gains.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
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    17 views1 page

    Steps To Follow

    Uploaded by

    Kabelo Gaosupelwe
    The document provides instructions for entering the market using the RedBlue Method. It advises choosing a 3-hour time frame to identify price actions and support and resistance levels. An entry point should be where a price action occurs near a support or resistance level. Trades can be placed on 30-minute, 1-hour, or 3-hour charts as long as they are confirmed by the 3-hour chart. Positions can be taken whether the trend is up or down. Dual positions are recommended, with one taken to profit and one held for potential additional gains.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
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    of 1

    STEP 3

    Entry,

    In this method, you must find KEY for interring to market. For finding a KEY, you must chose 3hrs time
    frame and find price actions (PA), and find support and resistance (S&R), only find support and
    resistance(S&R) on 3hrs time frame. (For more information about KEY, please read step 2)

    You can enter to market when a price action happens and if it’s near a support and resistance (S&R), you
    can enter comfortable, and in this case you can take more pips. Don’t ask any one for Support and
    Resistance (S&R) and you must draw and find support and resistance (S&R) yourself on 3hrs time frame.

    You can trade on M30 and H1 and H3, via confirmation with 3hrs chart.

    You can trade on trend or against of it, because when a KEY generated, you can go short or long without
    pay attention the trend direction. But if you find key in trend direction you can take more pips and
    sooner profit. But you must know every time may be end of a trend and maybe a new trend is forming
    and coming.

    You can trade with 2 positions; you can take profit with for first one and break even for second
    one and can hold on it for more pips, if market goes on your direction you can take profit twice and
    more and if market goes back, your second positions close without profit.

    RedBlue Method,

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