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This strategy has 2 main components that the SC2 is scanning the entire FX
pairs for:
1- Price Action – RING HIGH AND RING LOW
2- EMAs (8 and 20)
We have 2 TIME FRAMES – Daily D1 and 4 Hours (H4)
Rules
If the signal is on H4
Time frame agreement for H4 chart – look at the Daily chart first
ALWAYS
Long = 8 ema above 20 ema on D1 and H4
Short = 8 ema below 20ema on D1 and H4
To identify the Trend you require 2 cycles – Phase 1 and Phase 2 i.e 4
Phases
D1 - 2 cycles are not required BUT you need the EMA direction the same,
hence establishing time frame agreement.
Check the Daily Bar from the previous day if it is Green then H4 buy
orders will be powerful (provided other conditions are met)
If the previous Daily bar is Red then H4 Sell orders will be powerful
(provided other conditions are met)
Always trade in the direction of the dominant trend in the higher
timeframe for extra confirmation
If the Signal is on D1
2 Cycles in D1 – You can use the Ziz Zag pattern on SC2
Confirm the direction of the trend
You can look at the weekly chart for time frame agreement (for that you
need to go on No strategy Tab)
You want to see Higher Highs and Higher Lows for a BUY momentum on
Weekly
You want to see Lower Highs and Lower Lows for a SELL momentum on
Weekly
Horizontal levels please draw using the Horizontal line tool
Ideally don’t trade the H4 bar that has the high impact news item on it! This is
for experienced traders and potentially carries even higher risk!