Thanks to visit codestin.com
Credit goes to www.scribd.com

Scribd
Upload
90 views9 pages

Power of Two

The document outlines trading strategies for currency pairs EURUSD, GBPUSD, and USDCHF using H4 and M15 timeframes, focusing on specific killzones during the London and New York sessions. It details various setups including Unconfirmed Bias, Strong Follow-Thru, Weak Follow-Thru, and No Follow-Thru, along with their respective indicators and conditions for bullish and bearish biases. The strategies emphasize the importance of fractals and range sweeps while ensuring that take profits align with the H4 range.

Uploaded by

Karl-erwin Morisset
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
90 views9 pages

Power of Two

The document outlines trading strategies for currency pairs EURUSD, GBPUSD, and USDCHF using H4 and M15 timeframes, focusing on specific killzones during the London and New York sessions. It details various setups including Unconfirmed Bias, Strong Follow-Thru, Weak Follow-Thru, and No Follow-Thru, along with their respective indicators and conditions for bullish and bearish biases. The strategies emphasize the importance of fractals and range sweeps while ensuring that take profits align with the H4 range.

Uploaded by

Karl-erwin Morisset
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 9

Power of Two

General Rules
Pairs: EURUSD, GBPUSD & USDCHF

Timeframe: H4 & M15

Killzones: (London) 0730 - 1000 & (New York) 1300 - 1530 (UTC +1)
(ie. 30 mins before London open to 2 hours into London session, & first 2 & half
hours in New York session)

Indicators: Fractals & Sessions (to mark Killzones)

Possible set-ups at H4: Unconfirmed Bias, Strong Follow-Thru (SFT), Weak


Follow-Thru (WFT) & No Follow-Thru (NFT)
Unconfirmed bias
(At H4) A single bullish body close beyond a H4 range high,
OR A single bearing body close beyond a H4 range low

➔ Wait for next H4 candle to close to confirm bias


Strong Follow-Thru
(At H4) When 2 consecutive candles closes above/ below the range high/ low.
No initial wick break.

Bearish bias
Bullish bias
Strong Follow-Thru
(At M15)

Bullish bias - (Trend-following) Buy at any point when a low fractal/ range sweep occurs.
(Counter-trend) Sell at Premium to Discount when a high fractal/ range sweep occurs.

Bearish bias - (Trend-following) Sell at any point when a high fractal/ range sweep occurs.
(Counter-trend) Buy at Discount to Premium when a low fractal/ range sweep occurs.

Note: While Counter-Trending, make sure TP is within the H4 range.


Weak Follow-Thru
(At H4) 2 bullish/ bearish bodies close beyond the H4 range high/ low in any
order. Can include initial wick break. (Essentially a failed NFT).

3
2
1

1 2 3

1 2
12 3
3

Bullish bias Bearish bias


Weak Follow-Thru
(At M15)

Bullish bias - (Trend-following) Buy at Discount to Premium when a low fractal/ range sweep occurs.
(Counter-trend) Sell at Premium to Discount when a high fractal/ range sweep occurs.

Bearish bias - (Trend-following) Sell at Premium to Discount when a high fractal/ range sweep
occurs.(Counter-trend) Buy at Discount to Premium when a low fractal/ range sweep occurs.

Note: While Counter-Trending, make sure TP is within the H4 range.


No Follow-Thru
(At H4) A wick rejection, with candle closing inside the H4 range, OR 1 candle
closing beyond the range, and then followed by an opposite close.

12
1
1

12
Bearish bias
Bullish bias
No Follow-Thru
(At M15)

Bullish bias - (Trend-following) Buy at Discount to Premium when a low fractal/ range sweep occurs.
(Counter-trend) Sell at Premium to Discount when a high fractal/ range sweep occurs.

Bearish bias - (Trend-following) Sell at Premium to Discount when a high fractal/ range sweep
occurs.(Counter-trend) Buy at Discount to Premium when a low fractal/ range sweep occurs.

Note: Make sure the 3:1 fits into the entire H4 range for both Trend-Following and Counter-Trending.

You might also like