Forex Line Indicator V6

Template Forex Line Ver.6-Gold-M15-Daytrade
-M15 template is for entry as a day trader and scalper (See full setup for entry strategy)
-Check the trend (Continue or pullback) by using template H1 and H4.
-If on Monday, H4 have blue arrow, H1 Monday no arrow but FL1 line bullish = Buy
-If on Monday, H4 have red arrow, H1 Monday no arrow but FL1 line bearish = Sell
-Must see how strong bullish or bearish on yesterday in order to continue same move on
Next day. If Monday strong bullish Tuesday will continue same bullish until Wednesday
-Arrow on M15 might not correct if Mini Line sideways (Straight line)
-I Like Sideways because it easy to entry and know the price direction.
-Don’t entry if Mini Line sideways and Fibo Line not breakout on Asia session
-Please re-download templates from VVIP channel to get this new version templates
Template Forex Line Ver.6-Gold-H1-WeeklyTrade
This weekly template for checking the trend of the week by daily movement
During daily period the arrow only appear from ‘0’ to ‘2’ arrow per day
If Monday strong bullish or bearish, Tuesday & Wednesday will continue the same
Pullback trend is look like on Thursday as above chart – Up and down trend
On Thursday, just be careful because the price might going up and going down
On Thursday, the arrow might coming twice and FL1 line change same
On Friday, mostly price is sideways due to Traders don’t want to open trade because of market closed during weekend. Be aware of profit taken on Friday.
Template Forex Line Ver.6-Gold-H4-MonthlyTrade
-This monthly template for checking the trend of the month by weekly movement
-During weekly period the arrow only appear from ‘0’ to ‘2’ arrow per week
-If no arrow + FL1 Line color unchanged, it is strong bullish (Yellow) or bearish (Red)
-The arrow and the FL1 line color is highly accurate on H4 during weekly period
-If strong bearish on Week 1, Week 2 might continue the same bearish
-If week 3 bearish and Bullish both same strong trend could be change on the next week
-Using M15 template, the price movement mostly sideways if no high impact news for AUD, USD, JPY & CNY during Asia session
-During Asia Session we can see the FL-Mini Line just sideways (straight line)
-FL-Mini Line will be changed and Fibo also breakout during opening session for Europe and London.
-The Europe and London session is the best time for entry based on FL-Mini direction with
Breakout of Fibo Line. Just be aware of High impact news for EURO and GBP
-Remember sideways market is the best change to find a good entry with FL mini3 and Fibo
Line breakout.
-Best open buy or sell with stop loss is during London session. If Asia session SL might be hit during Opening of Europe & London Session due to high volatility

FOREX LINE 6 GOLD EDITION (ENTRY SETUP)

BUY ENTRY
-Ensure yesterday is strong bullish and candlestick is above DPV Line = Buy Only
(Monday Bullish-Tuesday should buy only) – Bullish mean no pullback- Check with H1 template
-If you found FL mini on straight line / Sideway, FL1 Line Yellow and arrow is Blue for entry buy
-Entry buy upon breakout of top Fibo Line with FL mini direction change to up from sideways
-Stoc Line crossed Mini Line used as pullback entry after strong bullish especially Thursday & Friday
-Best Buy entry when sideways at oversold zone to get entry from bottom price
SELL ENTRY
-Ensure yesterday is strong Bearish and candlestick is below DPV Line = Sell Only
(Monday Strong Bearish-Tuesday should sell only) – Bearish mean no pullback – Check with H1 template
-If you found FL mini on straight line / Sideway, FL1 Line Red and arrow is Red for entry Sell
-Entry Sell upon breakout of bottom Fibo Line with FL mini direction change to down from sideways
-Stoc Line crossed Mini Line used as pullback entry after strong bearish especially Thursday & Friday
-Best Sell entry when sideways at overbought zone to get entry from top price
STOP LOSS
-Stop Loss must be set at top fibo line if sell and bottom Fibo Line if Buy
-Not recommended to set stop loss during asia session due to small gap of Fibo Line. It might hit SL if
small gap during opening session for Europe and London session (High volatility)
-Recommended to entry with stop Loss during Europe and London session
-If you have entry on Asian session, must set Stop loss onto entry point after big gap of Fibo Line especially before news release to avoid loss profit
TAKE PROFIT
-Are you Day Trader / Scalper Trade / Swing Trade?
-As Day Trader Take profit range is from 100pips to 300pips per day (Must Close profit / Loss before market closed)
-As Scalper Trader Take profit 100pips per entry with big lots for big profit gained (Example entry with 0.01 lots x 100pips = 1usd profit, 0.05 lots = 5usd, 0.10 lots = 10usd, 0.50 lots = 50usd, 1 lots = 100usd)
-For Swing Trader you can hold longer based on Weekly and Monthly Trend

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