We are what we think; all that we are, arises with our thoughts; with our thoughts, we make the world.

70% of the time the market is in consolidation, only 30% of the time is it trending. A trending market is making higher highs and higher lows (uptrend) or lower highs and lower lows (downtrend).

When we are in consolidation we draw lines of support and resistance. If the distance between support and resistance is 60 pips or less, we have small consolidation.

We cannot trade small consolidation. We must wait for a breakout.

Waiting for a breakout of small consolidation

Waiting for a breakout of small consolidation

If the candles break out north (above the resistance line), wait for the first bullish decision candle, 75% body (25% wick) and enter after that candle is formed. Place your stop 10 pips below the support line or below the last low.
the candles break out south (below the support line), wait for the first bearish decision candle, 75% body (25% wick) and enter after that candle is formed. Place your stop 15 pips above the resistance line or above the last high.

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