How we find new Entries with the Weak=Strong method
This another example to find new setups:
1. Check the Ultimate Scanner for 3 and more weak signals from the same color in a row.
2. Open the pair on a naked chart and check if there is a supply/demand zone which confirms the signal. I use for this the Pipnotic software https://goo.gl/g6sXiN
3. If you find an entry which fits with the scanner signal, finetune the entry on the lower timeframe. We put the pending order in the middle of the last accumulation candle
4. If trade triggers in, we cut losers early and let winners run (for example close 80% after 30 pips, set stop loss to break even and let the open 20% run one more day or some hours)
For supply and demand trading we have now an own free chat https://discord.gg/f2dQBfn
1. Check the Ultimate Scanner for 3 and more weak signals from the same color in a row.
2. Open the pair on a naked chart and check if there is a supply/demand zone which confirms the signal. I use for this the Pipnotic software https://goo.gl/g6sXiN
3. If you find an entry which fits with the scanner signal, finetune the entry on the lower timeframe. We put the pending order in the middle of the last accumulation candle
4. If trade triggers in, we cut losers early and let winners run (for example close 80% after 30 pips, set stop loss to break even and let the open 20% run one more day or some hours)
For supply and demand trading we have now an own free chat https://discord.gg/f2dQBfn
