工作已完成
指定
What pairs ?
GBPUSD and EURUSD
When ?
During London open
Between 6 am – 10 am GMT
60 minute / hourly chart only
Where do we enter ?
Signal candle (HTC) MUST :
1. Close at 6 am, 7 am, 8 am, 9 am, or 10 am GMT
2. Open AND close in the lower 50 % of the candle (30 % even better)
3. Have a higher high than the previous candle (opens and closes don’t matter, only the highs)
Notes :
1. It doesn’t matter if it’s a bullish or bearish candle
2. It doesn’t have to be at structure
3. This strategy is ALWAYS bearish
Entry :
Place SELL STOP or Enter 1 pip below HTC (high test candle) below lower low
Stop-loss :
Place at 5 pips above signal candle high
How do we manage ?
Once the 4th candle has completed (10 am close), we can trail to 5 pips above the high of 4th candle (essentially 4 hours later). After that, we trail SL to 5 pips above every candle high. Always down, never up.
Targets :
No fixed target. Trail SL downwards until trade is closed on SL.
ONLY THE BEAR DIRECTION (not bullish)
Invalidity condition :
Close all the trades after the 10 am candle if you’re still not filled.
NB : While the strategy is specific to two pairs, direction, and candles, there should be the possibility to select these as parameters.