Price Action Swing in Killer Strategy

PAIRS : USD, CAD & JPY

WARREN NGOBENI

THIS PDF CONSISTS OF 8 PAGES INCLUDING THE COVER PAGE

 Contact WaGzA
0767523953

DISCLAIMER

THIS PDF AND OTHER MATERIALS FROM WAGZA FOREX

TRADING INSTITUTE IS FOR EDUCATIONAL PURPOSE ONLY.

FOREX TRADING CARRIES A HIGH LEVEL OF RISK, AND MAY NOT

BE SUITABLE FOR ALL INVESTORS. PAST PERFOMANCE IS NOT

INDICATIVE OF FUTURE RESULTS. THE HIGH DEGREE OF

LEVERAGE CAN WORK AGAINST YOU AS WELL AS FOR YOU.

BEFORE DECIDING TO INVEST IN FOREIGN EXCHANGE YOU

SHOULD CAREFULLY CONSIDER YOUR INVESTMENTS ,OBJECTIVES

LEVEL OF EXPERIENCE AND RISK APPETITE. THE POSSIBILITY

EXISTS THAT YOU COULD SUSTAIN A LOSS OF SOME OR ALL OF

YOUR MONEY.

Wagza Forex TradingTM offers trading signals together with forex courses for both beginners and advance
traders on Retail Trading where you also get a lifetime mentorship. If you want to subscribe one of our
trading services just WhatsApp those above-mentioned contacts, we also offer a free beginner course, its
available.
 Contact WaGzA
0767523953

INTRODUCTION

This strategy is proposed to accommodate anyone in the forex market either beginner or advanced trader thus
has been proved via past results. This strategy has been launched from no copying to any other author but
using my past experience and knowledge on what I see under the binary/Deriv server so I’ve revealed the
secret behind VOLITALITY 100 INDEX ASSET.

RULES OF THIS STRATEGY

1. REMOVE ALL TECHNICAL INDICAORS FROM YOUR CHART

2. USE H1 TIMEFRAME
3. USE USD, CAD & JPY PAIRS ONLY NOT EURAUD
4. WAIT FOR REJECTIONS
5. EXECUTE TRADE ON THE THIRD CANDLESTICK AFTER THE CLOSE OF THE PREVIOUS CANDLESTICK
FROM THE ONE THAT CREATED THE SWING
6. WAIT FOR A CONTINOUS INCREASE/DECREASE IN PRICES( HIGHEST HIGH/LOWEST LOW)
7. USE SWING POINTS FOR ENTRY AND EXIT
8. LOCK PROFITS AFTER A CLOSE OF EVERY SUCESSFUL WON CANDLESTICK

WHAT IS A REJECTION
A rejection is simply an over powering of participants in the foreign exchange market.

Types of rejection on candlesticks

Those shadows we call them rejections and this strategy is based on them as they show some reversals.

Wagza Forex TradingTM offers trading signals together with forex courses for both beginners and advance
traders on Retail Trading where you also get a lifetime mentorship. If you want to subscribe one of our
trading services just WhatsApp those above-mentioned contacts, we also offer a free beginner course, its
available.
 Contact WaGzA
0767523953

Explanation on how this candlestick is formed High

At first this candlestick started by stretching down to the Rejection

low which means that it was still red/bearish then buy orders Close
were entering in the market then that red/bearish candle changed

to green/bull as it stretches up to the high while its stretching up it

had created that lower shadow which we call it a rejection(This shows

Open
that buyers have overpowered sellers and pushed up prices) then it

peaked at the high so here still sellers were busy placing sell orders Rejection
as the candlestick stretched down to a close till it created a higher
Low
shadow also known as a rejection.

Check example below

This is a USDCAD H1 CHART, check how the candlesticks are formed thus we say USDCAD Rejects because the
candlesticks create a huge long shadows. This is a forex language.

Wagza Forex TradingTM offers trading signals together with forex courses for both beginners and advance
traders on Retail Trading where you also get a lifetime mentorship. If you want to subscribe one of our
trading services just WhatsApp those above-mentioned contacts, we also offer a free beginner course, its
available.
 Contact WaGzA
0767523953

STRATEGY EXPLANATION

SELLING SETUPS

You sell on the swing high only when the highest candlestick start to reject or has rejected then you also
confirm an entry by checking the second candlestick if it haven’t closed above your previous highest
candlestick then set a 50 pips stop loss away from the highest high candlestick shadow.

Check example below

This is a EURCAD H1 Chart simply showing the rejection, entry and stop loss.

EXPLANATION

Firstly was to wait for a rejection on the highest candlestick then we now enter by selling below the highest
price formed by the bull candlestick(Sell below the blue price) as we now have confirmed that we having a
swing high by just checking our second candlestick from the bearish one which haven’t broke our swing
price(Blue price) then we sell on the third candlestick as our stop loss is to be placed 50 pips away from our
swing high as shown in the red price that it should’ve been our stop loss.

CHECK THE AFTER

Wagza Forex TradingTM offers trading signals together with forex courses for both beginners and advance
traders on Retail Trading where you also get a lifetime mentorship. If you want to subscribe one of our
trading services just WhatsApp those above-mentioned contacts, we also offer a free beginner course, its
available.
 Contact WaGzA
0767523953

Then this setup above simply shows up how long we should’ve held the trade then the exit is the inverse of
how we entered. A trade to be held from swing to swing.

BUYING SETUPS

You buy on the swing low only when the lowest candlestick start to reject or has rejected then you also
confirm an entry by checking the second candlestick if it haven’t closed below your previous lowest candlestick
then set a 50 pips stop loss away from the lowest low candlestick shadow.

Wagza Forex TradingTM offers trading signals together with forex courses for both beginners and advance
traders on Retail Trading where you also get a lifetime mentorship. If you want to subscribe one of our
trading services just WhatsApp those above-mentioned contacts, we also offer a free beginner course, its
available.
 Contact WaGzA
0767523953
Check example below

Buy
Rejection

Firstly was to wait for a rejection on the lowest candlestick then we now enter by buying above the price of the
lowest low of the formed by the bull candlestick(Buy above the blue swing low candlestick price) as we now
have confirmed that we having a swing low by just checking our second candlestick from the bull one which
haven’t broke our swing price then we buy on the third candlestick as our stop loss is to be placed 50 pips
away from our swing low.

Check the after

Wagza Forex TradingTM offers trading signals together with forex courses for both beginners and advance
traders on Retail Trading where you also get a lifetime mentorship. If you want to subscribe one of our
trading services just WhatsApp those above-mentioned contacts, we also offer a free beginner course, its
available.
 Contact WaGzA
0767523953
Check example below

This setup shows how you can add more positions using this strategy together with when to exit or switch
trades.

Here is a USDCAD H1 CHART is showing us selling opportunities as we had three of them as stipulated above
so we should’ve won all of them then our exit point was that swing low where we should’ve bought.

CONCLUSION

This strategy has been tested and it works on USD, CAD & JPY PAIRS whereby you can apply it on AUDUSD,
USDCAD, USDJPY, CADJPY, EURCAD, AUDJPY… This strategy is accurate when you adhere to all it’s rules and
the last important rule that I add on this strategy is to keep locking profits the aim is to make sure we win
every trade that we take in regardless how much profit made. My last words is that I give you all the authority
of self-practice then any problem encountered regarding this strategy feel free to launch an interrogation on
those given contacts and also share testimonials.

Wagza Forex TradingTM offers trading signals together with forex courses for both beginners and advance
traders on Retail Trading where you also get a lifetime mentorship. If you want to subscribe one of our
trading services just WhatsApp those above-mentioned contacts, we also offer a free beginner course, its
available.