Major Key
Major Key
Major Key
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 now you do,
but the major key is by Far the best technical strategy.
IMPORTANT:
PATIENCE
ANALYSIS
ENTRY POINT
“RISK MANAGEMENT”
EMOTIONS
CONFIDENCE
THE MAJOR KEY WORKS ON ALL TIME FRAMES, BUT WORKS BEST ON (H4/H1)
In its simple understanding is that the only away to make to make money with major key is to buy a
pair when its 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 candle
stick 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 candle stick wicks.
BUY ANALYSIS:
Analyze from your highest point using your trend line, the trend line must touch 5 or more candle
stick 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.
BREAKOUT CANDLE:
It’s when a single candle stick 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 candle stick and turns at about 50 pips above or
below where the breakout candle stick 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 CANDLE STICK WITH A REASONABLE LOT
SIZE, AND THEN ENTER WITH HIGHIER LOT SIZE ON THE LAST KISS, there after 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:
Always wait for the breakout to finish 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.