Monday, June 1, 2015

MM4X info

Based on what been mentioned by MM4X team The typical daily forex cycle Whatever movement is, it will close 20 pips below the start of the day even though the daily range maybe 100 plus pips. STEP 1 5.00PM EST@ 7.00AM JAPAN TIME 1. The hi and lo are reset 2. Price in, market maker push up 15-25 pips and then make a quick pull back down 3. Then go sideways 4. They push it again 15-25 pips. STEP 2 1.00AM EST TO 4.00AM EST @ 3.00PM AND 6.00PM JAPAN TIME 1. Sometime between the above timing, they`ll break out the Asian range in 3 swipe 2. They'll quickly change the high of the day, settle it and work it for 30-90 minutes. 3. This is a two spronged approach. 4. Reason they use the number 3 because we are stubborn. STEP 3 BETWEEN 3.00AM EST TO 5.00AM @ 5.00 AND 7.00PM JAPAN TIME 1. They start their move down. 2. These pattern usually take between 60-90 minutes up to 2 hours to setup. 3. They make a pullback and trap the long (buy) holders. 4. They will then quickly pull back of the high of the day, trapping all the long holders and they will hold this level. 5. They make a pull back of 25 to 50 pips and trap the long holders. 6. Now they've got them stuck. They go into consolidation 25-50 pips off the high, trade sideways for a few minutes and what do you start doing? 7. Then after 60 minutes or so of consolidation, they will start the trend run against their original move. 8. Once they set the high of the day off the break, they will start the channel and run the trend for 6-8 hours. 9. If you are going the wrong way, it`s a nightmare 10. Its slow, relentless, and its just keep going, going and going. 11. They will make this in 3 pushes, why? 12. It`s all about exploiting human nature. STEP 4 BETWEEN 8.30AM AND 10.30EST TIME @ 10.30PM AND 12.30PM JAPAN TIME 1. They will make some type of reversal pattern. 2. The safest one to take are the ones that take 60 to 90 minutes to setup. 3. Why? 4. People trade the break of the low from yesterday, even from 2 or 3 days ago. 5. They will get to the low, act aggresively again, open the spread, absorb the pendings, validate the patterns that everybody trades and snatch it away from them, 6. They will pull it off of the low, go back into consolidation to end the day 25-50 pips off the low. 7. Then start the process again the next day. STEP 5 1. Just initiate short positions once the high is set for the day, or long positions once the low is established. 2. Your stop loss for short trades is placed just outside the dealers grasp, above the high, or for long trades, below the low. 3. If you are correct in your assessment, your stop will rarely be triggered because the dealer will not move the entire market just to grab your loss. 4. If he does, he will allow the other traders to exit their trade. POINT TO UNDERSTAND 1. Understanding this cycle gives us a major edge in trading. 2. Once we can identify it in the chart, taking trade is simple, second nature even. 3. Just initiate short positions once the high is set for the day, or long positions once the low is set for the day. EXAMPLE 1. Asian Accumulation 2. Stop hunt low / high to hesitation zone 3. Buy / sell 4. Watch for 3 pushes to the low / high

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