Most of the points from the last strategy post remain.
- Mark out support/resistor levels as well as any supply/demand areas.
- Watch for any obvious trends and channels.
- Look out for any of the main candlestick patterns.
- Trade on the lower time ranges (Less than 30 minutes).
- Focus on quick trades, no longer than 20 minutes.
- Exit if loss reaches £50.
- Alternate between ordinary candle sticks and Heikin Ashi ones (HA give a clearer depiction of trends).
- Not using RSI. For high volatile forex will try the 5/8/13 EMA plus the parabolic SAR to find entry points.