Beg-Module 5: Scalping 2.0 and Naked Charting Extra Recording File
Step | NAKED CHARTING STEPS of Coach Miranda Miner | |
1 | Please open your charts | |
2 | Type your coin | |
3 | Zoom out in the chart | |
4 | Put your Major Support and Resistance (BUBONG and SAHIG) | |
5 | Find if its Bear or Bull by using BB 50 and 0.2 If the candles are BELOW the Bollinger Band, then it is bearish | |
6 | Bigger TF Trends: Look for trend/boxes form an imaginary box trend (PRICE ACTION) and plot your FIBB’s | |
7 | Zoom in | |
8 | Ask what type of trader you are? (Day, Swing, Position, Scalp) | |
In this process step, assume you are a DAY TRADER | ||
9 | Law / Rule of Timeframes | |
Day Trades 15 mins to 1 hour and up | ||
Scalping 1 min, 3 mins, 5 mins | ||
Position Trade 4 hours and up | ||
Swing Trade 1 day and up | ||
10 | Lower TF (type of your trader style TF) Look for trend/boxes form an imaginary box trend (PRICE ACTION) | |
11 | PLOT YOUR FIBB (retracements) | |
See the youtube video | ||
Ask yourself, what do you want to measure when drawing fibb | ||
12 | IF THERE IS NO NEED FOR A CURRENT FIBB RETRACEMENT, you ZOOM OUT. LINE your Major FIBB resistance .5, .618 and .382 (LOCK!) | |
13 | Put your confirmation indicators | |
Find your Bread and Butter set up trade | ||
(SCALPER HALMACCI 2.0) | ||
Bounce Play | ||
Transition Play | ||
Trend Resistance Breakout play | ||
AVOID candle trends below .618 and .5 | ||
PREFERRED are candle bouncing at .328 and .618 (pataas) |
GMMG Admin