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When Buying:
1. Buy from the close of a candle above a support level 2. The price difference between the support level we are buying from and the next resistance line is ATLEAST 50 pips. 3. The stochastic must be below or at the 20 line 4. The candle must close 20 pips at most above the level (must be 20 pips and below) 5. You must wait for the close of the four hours candle before you enter. 6. The 4 hours time frame respects the 4 hours levels (Green levels) the most. 7. The daily time frame respects the daily levels (Blue levels) the most. 8. Watch the daily chart for opportunities and to further estimate the risk of your trade on the 4 hours chart. 9. It is preferable not to go against the trend, and don't go against the trend when you first start using the strategy. Always zoom out of the chart to identify the trend 10. Disrespected levels are the levels which get too many candlestick closings above/below it then back below/above it. 11. The disrespected levels must get respected in a wave test (test done in a wave movement) and if the level gets respected in the last wave test, we buy when conditions line up. 12. Fresh levels which never have been disrespected before are good to go. 13. Be careful not to enter from disrespected levels. And the Vise-versa when selling Green: 4 hours Blue: Daily Red: Weekly Pink: monthly Please completely ignore the gray channel on the chart, as it repaints a lot and it is just there to remindus if there is an actual real channel there. We use a real channel with at least two bottoms when buying(only when the channel coincides with a good level, that's when we know that the level is less risky.Also the vise-versa when selling, we use the channel if it is connecting at least two tops.
