Price action
Trading based on price movement, without indicators. Key elements: support and resistance, candle patterns (pin bar, engulfing, doji), trend lines and key levels. Works best on timeframes of 5 minutes or more.
Support and resistance strategy
Identify zones of repeated bounces. Trade in the direction of the bounce, with candle confirmation. Timeframe: 5-15 min. Expiry: 2-3 candles. Risk: max 2% per trade.
Technical indicators
- RSI: overbought (>70) and oversold (<30)
- MACD: signal crossovers for trend changes
- Bollinger Bands: volatility and reversals
- Moving averages: trend and crossovers
Smart Money Concepts
An advanced strategy based on institutional logic: order blocks, fair value gaps, liquidity and stop hunts. Trade where the institutions trade. → Full Smart Money guide
Risk management
The foundation of all successful trading. Without risk management, no strategy works long term.
- Max 2% of capital per trade
- Daily loss limit of 10%
- Favourable risk/reward ratio
- A trading journal is essential
⚠️ Note
No strategy guarantees profits. Most traders lose money. Practise on demo first.