"..how by only using SNR+Trendline method help you win 200-300 pips every week with super low loss ratio.."
From: Wilson Buzz
Latest update: (Yesterday)
SNR - Also known as Support and Resistant in forex trading. This is the classic and super basic knowledge in Forex trading you must know before you explore any other advance method. By mastering the correct SNR alone you can profit 50-100 pips easily.
Trendline - are drawn on charts to identify the general direction of price whether its go up or down for certain period. Examples below:
Two basic things you must follow to have a profitable placement in forex is having the correct Forex Chart and set Pending Order at daily SNR.
1.Chart that uses by all bank in the world
To draw the correct SNR on the chart the first thing you must know is using the chart that uses by all bank in the world. The key is to follow the leader or big player in forex trading.
Different brokers offer different chart pattern. They close at the different time frame. Choose chart that uses by all bank in the world. I will explain more about this.
2.Only place a PENDING ORDER at daily SNR
You already know the trend but your position keeps hit on stop-loss before it follows the trend as you analyze. All these happen because you place your order at the middle of the daily candlestick.
Why border to chase 20-30 pips in 5-10 trading placement when you can get 50-100 pips in only one single placement.
Fulltime trader doesn't mean you will look at the chart 24/7. Fulltime trader knows when to enter the market and exit at high profit. When you know the pattern, it is like a set and forgets method with high-profit result.
"..how to profit 100-200pips in one single position.."
Step 1
Open forex chart and use daily timeframe.
Step 2
Draw Top and Bottom trendline also with Support and Resistance. You will notice support or resistance will clash with the trendline that you draw.
Step 3
Place your entry there, if it clashes at UPPER TRENDLINE entry sell and if it clashes at BOTTOM TRENDLINE then entry buy.
Step 4
Exit your position at the closest or the next support or resistance that clash with the trendline.
*Important note, never forget to set your STOP LOSS (SL) around 30 pips from your entry.
The image below shown how I draw SNR and TRENDLINE and place my entry whenever both clash with each other.
Open forex chart and use daily timeframe.
Step 2
Draw Top and Bottom trendline also with Support and Resistance. You will notice support or resistance will clash with the trendline that you draw.
Step 3
Place your entry there, if it clashes at UPPER TRENDLINE entry sell and if it clashes at BOTTOM TRENDLINE then entry buy.
Step 4
Exit your position at the closest or the next support or resistance that clash with the trendline.
*Important note, never forget to set your STOP LOSS (SL) around 30 pips from your entry.
The image below shown how I draw SNR and TRENDLINE and place my entry whenever both clash with each other.
My first entry was at Buy1 where SNR2 and BT clash. My take profit (TP) was at TP1 where UP clash with SNR1.
The second entry was at Sell2 where UP clash with SNR1 just now then my TP was at TP2 where the SNR3 clash with BT.
The third entry was at Buy3 where the SNR3 clash with BT then my TP was at TP3 where the SNR2 clash with UP.
Forth entry was at Sell4 where the SNR2 clash with UP then my TP was at TP4 where the SNR4 clash with BT.
Possible fifth buy entry is at TP4 just now and fifth TP is at where the SNR3 clash with UP. You still can make 50-100pips there.
When you are using the daily chart as a reference possible pips that you can win around 100-200 pips each entry.
When the chart BREAKOUT shown above I will get my position ready to buy at Buy5 where the SNR4 clash with UP. My TP probably at where the SNR3 clash with UP.
NEW SNR and TRENDLINE need to be drawn again when there's BREAKOUT happen.
The second entry was at Sell2 where UP clash with SNR1 just now then my TP was at TP2 where the SNR3 clash with BT.
The third entry was at Buy3 where the SNR3 clash with BT then my TP was at TP3 where the SNR2 clash with UP.
Forth entry was at Sell4 where the SNR2 clash with UP then my TP was at TP4 where the SNR4 clash with BT.
Possible fifth buy entry is at TP4 just now and fifth TP is at where the SNR3 clash with UP. You still can make 50-100pips there.
When you are using the daily chart as a reference possible pips that you can win around 100-200 pips each entry.
When the chart BREAKOUT shown above I will get my position ready to buy at Buy5 where the SNR4 clash with UP. My TP probably at where the SNR3 clash with UP.
NEW SNR and TRENDLINE need to be drawn again when there's BREAKOUT happen.
"..keep practice your trading skill and PRACTICE WITH EXPERT helps.."
The key point here is to practice and learn with someone who already makes a lot of money with forex trading. You need the correct guidance or someone who you can ask if you got any question and that person can answer you right away.
Trade together as a team, share and compare your trading plan, share your analysis and get professional explanation about your analysis. This will boost up your skill at no time and also boost up your profit in a very short time.
I used to be like you, searching on the internet how to trade the faster and the best way possible and make out of it but in the end failed to do so. Lost a lot of money, I mean thousands of money. All of this because I have zero knowledge about forex and try to trade with my own theory.
In days lost hundreds of dollar and months thousands, profit? Never had a chance to experience profit at that time. Frustrated and want to give up.
Luckily I found one forex trading course that can answer all my question about forex. Why the chart goes up why it goes down. What are technical analysis and fundamental analysis and how you make the decision from it and a lot more.
We share our analysis and get professional thought about it. Our master shares his analysis with us and tries to answer all our question. Good study group method and great team support.
If you want to learn more technical skill as shown above feel free to join the forex team. Drop your NAME and EMAIL address below and I will personally send you the invitation link. More basic skills and advance methods are waiting for you in the group. Help me to help you.
Trade together as a team, share and compare your trading plan, share your analysis and get professional explanation about your analysis. This will boost up your skill at no time and also boost up your profit in a very short time.
I used to be like you, searching on the internet how to trade the faster and the best way possible and make out of it but in the end failed to do so. Lost a lot of money, I mean thousands of money. All of this because I have zero knowledge about forex and try to trade with my own theory.
In days lost hundreds of dollar and months thousands, profit? Never had a chance to experience profit at that time. Frustrated and want to give up.
Luckily I found one forex trading course that can answer all my question about forex. Why the chart goes up why it goes down. What are technical analysis and fundamental analysis and how you make the decision from it and a lot more.
We share our analysis and get professional thought about it. Our master shares his analysis with us and tries to answer all our question. Good study group method and great team support.
If you want to learn more technical skill as shown above feel free to join the forex team. Drop your NAME and EMAIL address below and I will personally send you the invitation link. More basic skills and advance methods are waiting for you in the group. Help me to help you.
Sincerely,
Wilson Buzz
