FIRST STEP,

Indicators or not?

most of the people use indicators and i don't use it because if you use any indicators, you
need to their confirmations and it means you are in the center of movement and you lose
the first and you need big stop loss, but I don’t use them and i find the starting a new
movement by this method you have little stop loss and great take profit, some time i leave
on 100 pips or 200 pip but i say: " you can break even and go ahead or when you can hold
on". This staring zone called SETUP or KEY. It takes time and practice to find them.

When you enter in start of a movement you see profit sooner and you see less negative and
it is very important because you have less stress and you can hold for profit. If you see
negative position for a long time you can’t suffer and you choose 2 ways, 1. Close your
positions on negative or lose 2. You close right on zero without any profits.

You must know that SETUP or KEY are not an exact point, for example : many signal
provider tell you open position on 1.3434 and you think that it only point for entering but I
tell you that NO ONE can tell the exact point for starting and you must find a KEY or SETUP
in a limitation called ZONE.

Therefore you can open to your positions on SETUP or KEY ZONE. This ZONE limitation
depend on you pair currencies or futures powerful and speed movement and sometimes it
depends on attitude and conditions of market, for example you see the price movement of
EUR/AUD, it moved normally before 2008-2009 world crises, and it moved more than 200
pips in 1 hour after crises happen. You must find your KEY for your currencies with their
formations.

You must check your KEY and one more thing is needed to know: you must know you
cannot win in your all positions and you have failed positions too, you must understand you
don’t stop your getting good position for your losses and if you do it, you lost them.

You must trust to yourself and your strategy and you trade like a robot without any
presentiment with full acceptable entrance and do not trade before your system allows you
for trading.

RedBlue Method,