Economic Calendar
Swing Point Types Candle 2 Closure Type 1 & Type 2 (Daily)
candle 2 takes the high of candle 1 and closes back below candle 1 high
previous candle low still remaining
1 1
candle 2 closure type 1 candle 2 closure type 2
Swing Point Types Candle 3 (Trading Candle)
with a valid candle 2 closure, we can expected for candle 3 to expand
1
Swing Point Types Candle 4 (Trading Candle)
3 with a weak closure on candle 3, candle 4 is likely to be a continuation
low of the candle 3 must be remaining before we trade candle 4
Swing Point Types Candle 3 Closure (Daily)
due to candle 2 failing to close back inside the candle 1 range, allow candle 3 to form
1
Swing Point Types Candle 3 Conditions
if candle 3 forms with a weak candle close, candle 4 is likely to expand
2 2
candle 3 must run the previous day low
1 1
body close through the previous candle wick run through the previous candle
Swing Point Types Candle 4 (Trading Candle)
with a weak close on candle 3, we can expected candle 4 to expand
2 2
1 1
low of the candle 3 must be remaining before we trade candle 4
Relevant Areas Point of interest (Daily)
external high
fair value gap
ob
high(s) / low(s) fair value gap opposing candle(s)
CISD Confirming 1H/4H
protected swing
x
daily candles
candle 1 candle 2 candle 3
4 hour
Candle Confirming 4H (Swing point types) CISD Confirming on 15m or 30m
candle 2 closure (type 1)
2
previous day low still remaining
candle 1 candle 2 candle 3
candle 1 (4H) candle 2 (4H)
4 hour 15m & 30m
Relevant Areas Point of interest (4H)
external high
X
fair value gap
ob
high(s) / low(s) fair value gap opposing candle none
Entry Types New candle open
15m or 30m CISD
Sell 1 Sell
candle 1 (4H) candle 2 (4H) candle 3 (4H) 4 hourly candles
15 minute
Entry Types Opposing candle(s) closes
closing through an opposing candle(s) closes on 15m or 5m
Sell
candle 1 (4H) candle 2 (4H) candle 3 (4H)
15 minute
Stoploss Placement initial stop place should be always at the high of the 4 hourly swing point
Buy Stop
Sell
candle 1 (4H) candle 2 (4H) candle 3 (4H)
15 minute
Trade Management Cut loss earlier
Buy Stop (Initial)
Buy Stop (Initial)
Close all
Close all
5m CISD
15m or 30m CISD
Sell
candle 1 (4H) candle 2 (4H) candle 3 (4H) 5 minute chart
15 minute
Trade Management Cut loss earlier
Buy Stop (Initial)
Close all
Sell
candle 1 (4H) candle 2 (4H) candle 3 (4H)
15 minute
Trade Management Cut loss earlier
Buy Stop (Initial)
Close all
close all after price has closing through the half of an opposing candle(s)
Sell
candle 1 (4H) candle 2 (4H) candle 3 (4H)
15 minute
Trade Management Trailing stop
Buy Stop (Initial) (-500$)
Trailing Stop (-70$)
Sell
candle 1 (4H) candle 2 (4H) candle 3 (4H)
15 minute
Pyramid Added to the winners
Buy Stop (Initial) (-500$)
Trailing Stop (Both) (overall risk must be under initial risk)
Sell
Sell (adding position after the new invalidation has forms)
candle 1 (4H) candle 2 (4H) candle 3 (4H)
keep adding to the winners after new invalidation has forms
15 minute
Take Profit
1 high (protected swing)
0 open
-1
-2
-2.5
previous day low -2 / -2.5 standard deviation ≥ 1h body zone previous week low
