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Know The Pulse Masterclass 4 Patterns

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stoinis harshit
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391 views

Know The Pulse Masterclass 4 Patterns

Uploaded by

stoinis harshit
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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1. What kind of trader You are ?

Trade Type HIT DIT WIT MIT


HTF 60M D W M

LTF 5M 15M 120/60M D

2. Start with HTF – Identify curve (nearest and fresh DZ/SZ) and divide it into 3 parts from proximal
to proximal line.
DZ SZ
DBR RBD
RBR DBD
Base: Candle with body range (Open-Close) less than or equal to 50% of candle range(High-
Low).
Exciting : Candle with body range (Open-Close) greater than 50% of candle range(High-Low).

DZ SZ
DBR Proximal: Distal: RBD Proximal: Distal:
Highest Lowest Lowest Highest
Body in low in Body in High in
Boring pattern Boring pattern
Candle Candle

RBR Proximal: Distal: DBD Proximal: Distal:


Highest Lowest Lowest Highest
Body in low in Body in High in
Boring pattern Boring pattern
Candle excluding Candle excluding
legin legin
3. Start with LTF : Identify nearest and quality DZ/SZ for entries (preferably trade with the trend).
DZ SZ
DBR RBD
RBR DBD
Base : Candle with body range (Open-Close) less than or equal to 50% of candle range(High-
Low).
Exciting : Candle with body range (Open-Close) greater than 50% of candle range(High-Low).

DZ SZ
DBR Proximal: Distal: RBD Proximal: Distal:
Highest Lowest Lowest Highest
Body in low in Body in High in
Basing pattern Basing pattern
RBR Proximal: Distal: DBD Proximal: Distal:
Highest Lowest Lowest Highest
Body in low in Body in High in
Basing Base Basing base

DZ = Demand Zone DBR = Drop Boring Rally RBR = Rally Boring Rally

SZ = Supply Zone RBD = Rally Boring Drop DBD = Drop Boring Drop

To identify DZ/SZ for entries start looking for EXPLOSIVE candles.

Once you have identified qualified DZ/SZ draw your entry line just above(DZ)/below(SZ) and also
draw your stop loss line below (DZ)/ above (SZ).

Set alerts close to your entry line. Right click on chart select add to price alert, use appropriate
option for greater than/less than and mention price in rate and click on add.

4. When you get your alerts do the complete analysis again to reconfirm if the trade is qualified. If
qualified, find your opposing fresh DZ/SZ for target . Draw your target line just before the zone
starts(not using preferred method which means do not get into competitive buy/selling ). If
applicable R:R is available place orders as per trade plan.

Control your emotions, if it’s a challenge for you turn off your computer.

Happy Trading 

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