*I do not use this, but I noted it down for understanding.
**Theoretical cheat sheet but without practical understanding: market movement, % of deposit position, leverage ↓ USE WITH CAUTION
(this is for informational purposes and alternative cautious trading attempts)
***Be careful with every piece of information that comes your way, as the responsibility lies solely with the one who takes action.
🧭 1. 14 Laws without which the market does not work
№ Law Essence
1 Trend Law Always trade in the direction of the trend
2 Wave Law Enter only after a correction, not in the middle of an impulse
3 Level Law Levels are places where the price stops, reverses, or accelerates
4 Candle Law Candle = psychology: enter only with a clear pattern
5 Volume Law Volume confirms movement. Without volume — the signal is weak
6 Time Law It is important where and when the signal appeared (at the level? after the trend?)
7 Confirmation Law Entry = at least 2 out of 3: trend + level + pattern
8 Asymmetry Law Risk:profit must be at least 1:2
9 Simplicity Law A simple system > complex. Without overloading with indicators
10 Expectation Law The best trade is the one you did not make without confirmation
11 Psychology Law Reevaluation = reversal. Panic = opportunity
12 Majority Law Most are wrong at peaks/troughs
13 Filter Law Not every movement is a signal. Filter the noise
14 Self-discipline Law The strategy works only if you do not violate it
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⚙️ 2. Universal ENTRY SYSTEM (LONG/SHORT)
🔍 When to enter?
📌 Only if ALL 3 conditions are met:
№ Condition Example
1 Trend Price above/below EMA 20–50
2 Level Rebound or breakout of the support/resistance level
3 Candle signal Hammer, Engulfing, Pin Bar, Shooting Star
👉 + Bonus: Confirmation with volume (volume increases during the signal)
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🔼 LONG (buy)
Component Condition
Trend EMA 20 and price are directed upwards
Level Rebound from support or breakout of resistance
Signal Hammer / Bullish Engulfing at the level
Volume Volume increases during the appearance of the pattern
Stop Slightly below the minimum of the pattern (entry candle)
Target Nearest resistance or ratio 1:2
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🔽 SHORT (sell)
Component Condition
Trend EMA 20 and price are directed downwards
Level Rebound from resistance or breakout of support
Signal Shooting Star / Bearish Engulfing
Volume Volume increases during the appearance of the bearish pattern
Stop Slightly above the maximum of the pattern
Target Nearest support or ratio 1:2
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💼 3. Minimum set of tools
Category Tool Comment
Orientation EMA 20, EMA 50 Trend direction
Levels Support/resistance lines Drawn manually, the basis of the signal
Candles Price Action 8 basic patterns are enough
Volume Volume or OBV Confirmation of signal strength
Oscillator (optional) RSI (14) For divergences or overbought
Stop/target Fixed ratio Always 1:2 or better
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🧠 4. Action algorithm before each trade
✅ Go through this checklist:
1. 📊 Clear trend?
2. 📉 Is there a support/resistance level nearby?
3. 🕯️ Has a candle pattern appeared?
4. 📈 Is there volume at the moment of the signal?
5. 🎯 Is a realistic stop and target set?
6. ✋ If at least one answer is NO → do not enter.
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🗂️ Format for trader's journal (recommended to keep)
№ Date Trend Pattern Level Volume Stop/Target Result Comment
and the most important rule that I learn to use (although unfortunately it is not working yet) ↓
→ Being without a position is also a position!)))
p.s. be wise))
$ICNT Old long and after short (scalping position)