CANDLESTICK (CS)

Selling pressure/rejection

Strength of buyers/sellers

Volume

Buying pressure/rejection

High

Open/Close

Open Close

Low
 TREND

Uptrend = Higher High + Higher Low

HH

HH

Projection HL

HL Retracement

Downtrend = Lower High + Lower Low

LH

LH

Projection

Retracement

LL

**Projection: Movement yang mengikut arah trend.

**Retracement: Movement yang melawan arah trend.
 TREND REVERSAL
In a downtrend, when previous the LH is broken; forming both HH and HL; the trend will
reverse into an uptrend.

Previous LH New HH

New HL

LL

Previous LL

In an uptrend, when previous the HL is broken; forming both LH and LL; the trend will reverse
into a downtrend.

Previous HH

New LH

New LL

Previous HL
 SIGNALS
1. Inside Bar (W1 & D1 only)

Combination of candles
Mother Bar CS covers the whole 2 CS
Selagi mother bar masih boleh cover CS yg ke-2, 3, 4 dan seterusnya, masih inside bar.

Pin Bar (W1, D1, H4)

Shadow > Body

Pinbar Sell Pinbar Buy

 Support & Resistance (SnR) Rejection
- Shadow pinbar MUST touch SnR
- Shadow only
- Strength of SnR is determined by the number of multiple u-turn point previously.

SnR Line

YES NO

Cara nak lukis SnR line, boleh refer nota yg

Masta Jo bagi.
 SWING FAILURE
Swing failure: Retracement yang fail break previous High or Low

Swing Failure Buy

Occur during retracement of an UT

Zone where price fail to break previous low

Swing Failure

HH

Previous low

LL

Swing Failure Sell

Occur during retracement of an DT

Zone where price fail to break previous high

Previous high

LH

Swing failure
LL
 KEYWORDS (H4, D1)

When to BUY?

1. Pastikan SF buy kat H4

2. Pastikan ada pinbar buy kat H4.
3. Check SnR rejection.

i. Draw horizontal line on pinbar shadow (H4)

ii. Tukar ke line chart & tukar ke D1
iii. Adjust horizontal line kat nearest u-turn (in terms of price)
iv. Tukar ke CS & H4.
v. Kalau horizontal line masih atas shadow, proceed buy. Kalau x, ulang
step iii – V kat H4.

When to SELL?

1. Pastikan SF sell kat H4

2. Pastikan ada pinbar sell.
3. Check SnR rejection.
 STEP 1 (Filter) (W1)
Buka W1

Analyse trend. Kalau sideway, simpan.

Tengok bentuk last completed CS.
Kalau pinbar lawan trend; delete pair
If normal CS, pinbar follow trend or mother bar; simpan untuk minggu tersebut.

p/s: Do this every Monday

STEP 2 (D1)
Buka D1

Analyse trend. Kalau W1 DT or sideway, tapi D1 UT; follow D1.

Make sure last completed CS is a signal:
a. Pinbar
b. Inside bar
Kalau ada signal, pair tersebut boleh trade untuk hari itu.

STEP 3
Refer KEYWORDS.
 MONEY MANAGEMENT

Pips

1 pips = 0.0001 (all pairs except JPY)

1 pips = 0.01 (JPY pairs)

Volume/Lot Size

Nilai 1 pips in USD = Lot size

Risk only 3% - 10% of capital

Lot size = Capital x % risk

Stop loss

Take Profit & Stop loss

a. Pair USD

SL 50 pips

b. Pair non USD

SL 80 pips

c. TP either 30, 50, 80 or 100 pips