READ THIS FIRST!

To understand this tutorial

you should have these
prerequisites:
None
Entry and exits
EURUSD Proximal line 2
Spread: 2 pips pips entry
padding + 2
H4
pips spread.

At least 2:1
RR.

Price has Distal line 7

Price retraces moved away pips wiggle
too fast into the from the level room.
level.

Now you need to know the spread and what pair

We start with trending markets and CP patterns.
First we need a RR of 2:1. That price moves
away from the proximal line at least 2 times the
risk.
Price has made two legs away from the base and
We don't want price to drop in to the level right
has not yet touched the level. Now we can setup
after the first leg is created.
our trade.
you are trading and what timeframe. As for my
setup I need 2 pips entry padding + spread, 7
pips wiggle room and taking profit 30 pips
before a level.

Close
half SL to BE
position

Less than
2:1 still
vailid if
At least price
2:1 already
We are in the
moved 2:1
trade now we
have to manage
our trade. 2:1 2:1
Padding +
spread +
wiggle room
1:1 1:1
1.4517 ENTER STOP-LOSS STOP-LOSS

1.4500 STOP-LOSS
When you put in the order it should be a "buy
limit" type of order. The order should be When price has moved 2:1 you can either close
Our order got triggered. Now we have to manage But if you wan't to move your stop-loss to break
executed at 1.4517 and the stop loss at 1.4500. half the position OR move you SL to break even.
our trade and there are many ways we can do even after 2:1 you can do this as long as price
Now we have setup our trade with padding + Price must be more than 2:1 if you want to close
this. Let's look at some of them. has moved to 2:1.
spread + wiggle room. Now we just have to wait half of your position.
for it to get triggered.

H4 H1

EURUSD No levels
Spread: 2 pips Move SL to to move
2:1 distal line + your SL Add extra
H4 wiggle room. wiggle
under
room if
needed.
1:1

Previous Previous
Wiggle resistance resistance
room STOP-LOSS
New 2:1
valid level
created. Extra wiggle
room

The trade is moving in your direction. You now

wait for new demand levels to form so you can
move your SL under those levels. These levels
can be both CP or Drop-Base-Rally patterns.
They have to remove previous supply or
resistance and have a 2:1 RR. In this case a CP.
Now you add wiggle room to the level and move Let's say your using MN-D1-H4 and the momentum is strong and you don't want to give back all
your SL to the levels distal line + wiggle room. those pips. Look inside those ERC H4 candles with the H1 for a level and move your SL under it. If
You can also scale into position (Trade this level there is previous resistance near then it's even better. If there is resistance near make sure you
and also keep the other position.) include it even if that means you have to make your risk a little bigger for higher odds.