EXAMPLE

Flag Pattern What?

#1 LINK GO ONTO ANY OF THE MAJOR FO
SEE IF THE MARKET IS CURRENTLY O
#2 LINK GO ONTO THE
THE 80 DAILY,_x000D
EMA H4 AN
#3 LINK
MAKE SURELINK
#4 THE MARKET HASNT TOUCHED THE EMA IN the 7 CANDLES before first

#5 LINK SURE THE PRICE LAST TOUCHED THE E

MAKE
LOOK FOR 2 LINK
#6LOWER LOWS & LOWER HIGHS (ABOVE EMA) OR 2 HIG
#7 LINKdraw a trendline upon the wicks of the at lea
make sure theLINK
#8 trendline goes through the low/high of the wick on the the lowest low / highes

#9 LINK Wait for the third boun

#10 LINKTHIRD BOUnce's low SHOULD BE THE THIRD BOUN
THE
#11 LINKmarket to break above and close above in the sam
Wait for the

EXECUTION
#12 LINK ASSUre all rules are abided
#13 LINK
pUT STOP LOSS ON THE BODY OF THE LAST CANDLE WHICH WAS A H

#14 LINK PUT TAKE PROFIT DOUBLE THE

#15 LINK RISK 0.75% ON THE TRA
#16 PLACE TRADE
 What?
O ONTO ANY OF THE MAJOR FOREX PAIRS
THE MARKET IS CURRENTLY OVER OR UNDER
GO ONTO THE
THE 80 DAILY,_x000D_
EMA H4 AND H1. 

OUCHED THE EMA IN the 7 CANDLES before first lower low & lower high / higher high & higher low

E PRICE LAST TOUCHED THE EMA WITHIN 37 CANDLES

ER HIGHS (ABOVE EMA) OR 2 HIGHER LOWS & HIGHER HIGHS (BEL
dline upon the wicks of the at least two lows and highs
he low/high of the wick on the the lowest low / highest high unless it takes the trendline off other highs/lows

Wait for the third bounce

e's low SHOULD BE THE THIRD BOUNCE'S PIPS AWay from the ema
ak above and close above in the same direction of the original movement

EXECUTION
ASSUre all rules are abided to
DY OF THE LAST CANDLE WHICH WAS A HIGH (SELL TRADE) OR LOW (BUY TRADE)

UT TAKE PROFIT DOUBLE THE STOP LOSS

RISK 0.75% ON THE TRADE
PLACE TRADE
 Why?
BACKTESTING HAPPENED ON THEM
T TOO VOLATILE BUT STILL PROVIDES OPPORTUNITIES
TO ESTABLISH THE TREND DIRECTION
MAKE SURE THE MARKET ISN'T IN CONSOLIDATION
MAKE SURE THE MARKET ISNT OVEREXTENDED
TO ESTABLISH A RETRACEMENT
to show the range of the trend
Because more strength is in the recent
To confirm the countertrend
TO CONFIRM THE COUNTERTREND
To get a position which has comfirmation but also has good risk reward

To double check
Get good risk reward ratio
GET 1:2 RISK REWARD RATIO
TO NOT HAVE BIG DRAWDOWNS
REASONS HAVE BEEN ABIDED TO STATISTICALLY WILL PROFIT IN LONG RUN