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    4H Sniper Strategy

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    dy
    The document outlines a 4-hour chart sniper trading strategy that uses the Stochastic Oscillator and Heiken Ashi candles to identify buy and sell signals in all currencies. It recommends risking no more than 2% of equity per trade with a stoploss and target of 2:1 risk-reward ratio. An action plan provides guidelines for backtesting the strategy, transitioning to live trading only after achieving 4 months of profitable results, and maintaining a balanced lifestyle outside of trading.

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    4H Sniper Strategy

    Uploaded by

    dy
    233 views3 pages
    The document outlines a 4-hour chart sniper trading strategy that uses the Stochastic Oscillator and Heiken Ashi candles to identify buy and sell signals in all currencies. It recommends risking no more than 2% of equity per trade with a stoploss and target of 2:1 risk-reward ratio. An action plan provides guidelines for backtesting the strategy, transitioning to live trading only after achieving 4 months of profitable results, and maintaining a balanced lifestyle outside of trading.

    Original Description:

    Sniper entry

    Original Title

    4H%20SNIPER%20STRATEGY

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    The document outlines a 4-hour chart sniper trading strategy that uses the Stochastic Oscillator and Heiken Ashi candles to identify buy and sell signals in all currencies. It recommends risking no more than 2% of equity per trade with a stoploss and target of 2:1 risk-reward ratio. An action plan provides guidelines for backtesting the strategy, transitioning to live trading only after achieving 4 months of profitable results, and maintaining a balanced lifestyle outside of trading.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    233 views3 pages

    4H Sniper Strategy

    Uploaded by

    dy
    The document outlines a 4-hour chart sniper trading strategy that uses the Stochastic Oscillator and Heiken Ashi candles to identify buy and sell signals in all currencies. It recommends risking no more than 2% of equity per trade with a stoploss and target of 2:1 risk-reward ratio. An action plan provides guidelines for backtesting the strategy, transitioning to live trading only after achieving 4 months of profitable results, and maintaining a balanced lifestyle outside of trading.

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    You are on page 1of 3

    4H SNIPER STRATEGY

     4 HOUR CHART
     Stochastics Oscillator (21, 3, 4) (Overbought : 80; Oversold : 20)
     HEIKEN ASHI Candles
     All currencies
     Risk max 2% of your equity on a single trade

    #BUY
    1. Both Stochastcs Lines cross under the 20 level (oversold)
    2. Heiken Ashi Green Candle
    3. Stoploss under last swing low
    4. R:R = 2:1
    #SELL
    1. Both Stochastcs Lines cross above the 80 level (overbought)
    2. Heiken Ashi Red Candle
    3. Stoploss above last swing high
    4. R:R = 2:1
    #ACTION PLAN
    1. Print the buy/sell setups above
    2. Read them before your trading session (everyday)
    3. Keep them on your trading desk
    4. Stick with this plan, don't try to change the strategy (it is profitable like this)
    5. When you have a few losing trades don't search another system; it is part of trading
    losing
    6. Try this system on DEMO until you are profitable for 4 consecutive months (not
    merely break-even)(trade like it were your money)
    7. Now you can open a LIVE account
    8. Don't stay all day on the forums ONLY ON WEEK-ENDS
    9. Help other traders to improve and grow
    10. Read everyday something related to trading like articles or videos on Youtube to
    improve your performance
    11. Instead of watching TV visualize in third person yourself trading in relaxed and calm
    way, doing this you will deal with emotions very easily over time
    12. Enjoy your life outside trading
    13. Wake up early like at 6 AM
    14. Being a strategy that uses a 4 hour chart between one candle and another you can
    do a lot of different things
    15. Set an exact amount of money that you want where your will stop trading

    P.S. : the action plan is valid for every other trading strategy on the planet, the process is always the same

    So that's all from me. One last thing I believe that everybody MUST
    reach a fulfilled life or where you have fully developed mind, body
    and soul; you can reach that only with money. Now you have all the
    instruments to achieve your dream.

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