Friday 20 January 2012

TRADE BANK RULES ( FOR EURUSD ONLY)

TRADE BANK RULES  ( FOR EURUSD ONLY)

Days....
Time....
Sideway...
And
Candle...

SIDEWAY RULES

USE 1 HOUR CHART EURUSD

4 hours before bank time ( 4am, 5am, 6am or 8am, 9am, 10am, 11am 12am)

MUST HAVE......

Let's say 4am it's time bank to trade...

3am, 2am, 1am , 12am

Must have at below 20 pip
And mix buy and sell


FOR EXAMPLES :


12am - 7pip (sell)
1am -10pip (sell)
2am - 15pip (buy)
3am - 5pip (sell)


AND......


CANDLE BANK SHOW UP.... 4am


MUST.... Above 32 pip buy or sell


DON'T ENTRY FIRST....


WAIT ..... another 1 hour to confirm 4am candle is above 32 pip

5am.......    >ENTRY< 

when to close?


Bank usually trade for 2-4 hours.... GOT 30 pips is enough right?


FIRST CANDLE IS FOR BANK

AND


SECOND AND NEXT CANDLE FOR BANK AND US .........

SO.....


ENTRY WITH FULL CONFIDENCE




I WILL GUIDE ..... AND ALERT YOU GUYS FROM TIME TO TIME


IF..... CANDLE BANK IF SHOWS UP.....


NEED A PROOF BEFORE YOU CAN START TRADE RIGHT?


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