HHLL TRADING GUIDE

HIGHER HIGH LOWER LOW THE MOVEMENT OF HHLL BUY SETUP BUY SETUP CRITERIA Break the Low first, making Lower Low and then break the High to make Higher High It will start with L , H , LL and HH Buy setup entry level Buy setup stoploss level Buy setup target #1 Buy setup target #2 : Entry buy at Low : Stoploss at Lower Low : Target at High : Target at Higher High SELL SETUP SELL SETUP CRITERIA: Break the High first, making Higher High and then break the Low to make Lower Low It will start with H , L , HH and LL Sell setup entry level Sell setup stoploss level Sell setup target #1 Sell setup target #2 : Entry sell at High : Stoploss at Higher High : Target at Low : Target at Lower Low STEP BY STEP GUIDE STEP 1: Identify what the current price been doing either it on upmove or downmove In this chart, it was upmove STEP BY STEP GUIDE STEP 2: Identify the High , Low and Higher High or Lower Low that the price currently movement For simple way to recognize, identify either it break the High or the Low In this chart it break the High and it is called Higher High No Lower Low appear yet So the best is wait for the setup to appear Notes: HIGH is the previous swing high before Higher High LOW is the previous swing low before Lower Low STEP BY STEP GUIDE STEP 3: At this point the price break the Low level For simple way to recognize, identify either it break the Low level or not In this chart it break the Low level It is not identify as Lower Low yet until it pullback Now the setup for HHLL is complete This is SELL SETUP as it make Higher High in the first place STEP BY STEP GUIDE STEP 4: As the setup is SELL SETUP, entry for sell is at High level The price make a pullback and now Lower Low is valid STEP BY STEP GUIDE STEP 5: At this stage, lines has to be draw : i) Draw a stoploss level at Higher High ii) Draw an entry level at High iii) Draw target #1 level at Low iv) Draw target #2 level at Lower Low Now the features of exit & entry level for HHLL setup is complete STEP BY STEP GUIDE STEP FINAL: Make sure to resize a lot if dealing with wide stoploss Make sure minimum risk to reward ratio is 1(risk) : 2(reward) or more Always use stoploss Use styles example partial close to reduce the risk If target #1 and target #2 range is narrow, just use target #1 HHLL : SAMPLE OF SETUP HHLL : SAMPLE OF RESULT