The major key is fully based technical analysis, basically, price movements (patterns on graphs).
They are a lot of technical strategies, I guess we all know that well if you didn’t know how you do, but the major key is by Far the best technical strategy.
IMPORTANT:
PATIENCE
ANALYSIS
ENTRY POINT
“RISK MANAGEMENT”
EMOTIONS
CONFIDENCE
ALWAYS REMAIN PROFESSIONAL AT ALL TIMES.
THE MAJOR KEY WORKS ON ALL-TIME FRAMES BUT WORKS BEST ON (H4/H1)
TECHNICAL ANALYSIS (MAJOR KEY ANALYSIS)
“Sell high (blue means high), buy low ( pink means low”
In its simple understanding is that the only way to make money with a major key is to buy a pair when it’s low so it successfully rises into profits, and then you sell a pair high so it successfully drops into profits.
SELL ANALYSIS:
Analyze from your lowest point using your trend line, the trend line must touch 5 or more candlestick wicks to be a perfect analysis, by touching the wicks it means it has identified a successful pattern that has happened.
If the trend line cuts through the graph adjust it to your second-lowest point until it is touching only the candlestick wicks.
“Always zoom out to see the bigger picture when analyzing”
BUY ANALYSIS:
Analyze from your highest point using your trend line, the trend line must touch 5 or more candlestick wicks to be a perfect analysis, by touching the wicks it means it has identified a successful pattern that has happened.
If the trend line cuts through the graph adjust it to your second highest point until it is touching only the candle stick wicks.
“Always zoom out to see the bigger picture when analyzing”
BREAKOUT CANDLE:
It’s when a single candlestick builds across the trend line you have placed, indicating the possibility of a new pattern.
CONFIRMATION CANDLE:
A confirmation candle is a candle stick that starts the new pattern, the confirmation candle stick must fully build on the opposite of the trend line.
LAST KISS:
The last kiss is very tricky at times but easy to master, the last kiss is when the graph drops or rises against you after the breakout and confirmation candlestick and turns at about 50 pips above or below where the breakout candlestick started building or touches the trendline one more time creating the highest or lowest point after the breakout, giving the best entry point.
ENTRY POINT:
ALWAYS ENTER AFTER BREAKOUT AND/OR CONFIRMATION CANDLESTICK WITH A REASONABLE LOT SIZE, AND THEN ENTER WITH HIGHER LOT SIZE ON THE LAST KISS, thereafter you only enter on your next highest point or lowest point, based on the trend.
STOP LOSS:
Always set your stop loss once in good profits, 4/5 candle sticks from where the market is currently moving.
TAKE PROFIT:
Take profit line can be placed anywhere in your analysis space.
NO FUNDIMENTALS BEATS THE MAJOR KEY IF APPLY CORRECTLY.
Breakout candle stick.
Always wait for the breakout to finish the building to fully identify the candle stick as a breakout candle stick.
Small breakouts.
Always go analysis the previous movement to see if it allows you to trade small breakouts.
Last kiss.
It is very important to enter with good risk management in case of a great last kiss.
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