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The Strategy - HHLL

Before this i have explained about styles that is partial close . This is the system i have called it Higher High
Lower Low (HHLL). The strategy was working tremendously on trading. The other main point in my trading
is stoploss .. will describe it later. This strategy maybe called in other phrase like quasimodo, up/under,
over/above, crown or something else. You can call it whatever you like. For me the name chosen as price
making Higher High or Lower Low and then immediately making Lower Low or Higher High. This was
actually occur on reversal. On chart below, you can find a great benefit of it. Ever heard about buy at low, sell
at high? A free method is always being ignored and i admit that about many years ago. But no worry as my
intention only to help traders by describing free education.

How to draw the setup :


1) Identify current price.
2) Identify last swing high & last swing low
3) If the last swing is high then plot it as Higher High (HH) - upmove price
4) If the last swing is low then plot it as Lower Low (LL) - downmove price
5) If it was Higher High (HH) then plot the high before it as High (H)
6) If it was Lower Low (LL) then plot the low before it as Low (L)
7) Then draw the line on HH & H or LL & L
8) Now those line is supply zone (H to HH) or demand zone (L to LL)
9) If the line drawn is H & HH then find the Low point after High (H) & plot as Low (L)
10) If the line drawn is L & LL then find the High point after Low (L) & plot as High (H)
11) If the line is H & HH, wait for the price performing LL after break the L
12) If the line is L & LL, wait for the price performing HH after break the H
How to trade the setup :
1) If price performing LL first then the setup is BUY
2) If price performing HH first then the setup is SELL

Buy entry & exit rule:


1) Buy at Low (L) - entry
2) Stoploss at Lower Low (LL) - exit loss
3) Target #1 at High (H) - exit profit
4) Target #2 at Higher High (HH) - exit profit

Sell entry & exit rule:


1) Sell at High (H) - entry
2) Stoploss at Higher High (HH) - exit loss
3) Target #1 at Low (L) - exit profit
4) Target #2 at Lower Low (LL) - exit profit

Below charts explained:


Choosing target #1 or #2 :
If the distance between target #1 & #2 is wide, then you can choose target #2 & partial at target #1.
If the distance between target #1 & #2 is narrow, then just choose target #1.
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