1️⃣ Start from larger timeframes to smaller ones
**Principle:** The larger timeframe gives you the trend, while the smaller one provides the entry point.
**Practical Method:**
- **Daily (D1):** Identify the overall direction (Up/Down)
- **4 Hours (H4):** Identify key support and resistance areas
- **1 Hour (H1):** Determine the market structure (Peaks and Troughs)
- **15 Minutes (M15):** Look for the perfect entry point
## 2️⃣ Require 3 factors to enter the trade
Do not enter based on a single signal. Wait for availability:
- **Clear break** of an important level or trend line
- **Successful retest** of the area
- **Confirmation candle** (engulfing, strong close, breakout)
:* If any of these conditions disappear, cancel the trade.
## 3️ Set the stop loss based on market structure
**The correct method:**
- In **buying trades:** Place the stop below the last clear trough (on H1 or H4)
- In **selling trades:** Place the stop above the last clear peak
**Advantage:** Setting the stop based on market structure increases trade accuracy and reduces unnecessary losses.
4️ Avoid trading around impactful news
**High-impact news:**
- Decisions of the U.S. Federal Reserve
- Jobs report (NFP)
- Price index (CPI)
- Interest rates
**Practical tip:** Stop trading 15 minutes before the announcement and 30 minutes after it.
Apply smart capital management
**Professional plan:**
1. **Risk only 1%** of the capital in each trade
2. **When reaching 50-70%** of the target, move the stop loss to the entry point
3. **Close part of the trade** (30-50%) at the first target
**Result:** Protect capital + Reduce psychological pressure + Achieve consistent profits.