Entering the market

1. Watch for the price on the 5 Min timeframe chart;

2. Locate the level the price is currently testing for the first time; identify the price level visually;

3. Wait for the moment of time when the price begins testing this level for the second time; the second

extremum is then formed on the 15 Min timeframe chart; it can be the pin bar/candle, for example;

4. If the momentum of the swing currently being watched for is less than that of the previous one, identify the

extremum bar/candle at the end of current (second) swing; this extremum bar/candle is THE FIRST;

5. Wait for THE following SECOND bar/candle (see Fig. 1);

6. If THE THIRD bar/candle in not against the current long-term trend and confirms the price movement,

enter the market while THE THIRD bar/candle is being formed;

7. If you can see the bar/candle patterns shown in Fig. 2., wait for THE THIRD bar/candle to be definitely

sure for the entry point; enter the market during THE FOURTH bar/candle formation;

8. Do not trade, if you can see the bar/candle patterns shown in Fig. 3; reassemble a new set up.

Fig.1. Locate THE FIRST bar and THE SECOND bar/candle.

Fig 2. Wait for THE THIRD bar/candle.

Fig. 3. Do not trade for a while.