rbwaran

this method work in narrow range market. example in asian session before start of euro session. market will move in narrow price band, often this price band could be current day candle 's high and low. please take this high and low as break out price as limit and stop will be placed according to your trade. you can do few trades with aim of making 10 to 20 pips.in 1:1 risk reward ratio.

this only works in narrow range. we should trade only in calm market. three hours after us session and till euro session opens in narrow price range. we should put our sl and tp at break out levels. if you are excellent at price range analysis for few hours . you can make 80 percent success rate

Primary method of identifying trend is difference between serial of peaks i.e high and serial of troughs i.e low for taken periods, Period may be upto the trader decision. usually we have take on full period i.e day , week , month ... but weekly and monthly trend analysis will help us trade everyday. mathematically there is three way analysis. peaks and troughs in lowering form that is trend goes down - bear peaks and troughs goes in higher form, that is trend goes up - bull peaks and troughs are not in uniform that means market is indecision - side way-naroow range