Unlock the secrets of successful trading with our comprehensive FREE Trading Course designed for traders of all levels. Learn proven strategies, risk management techniques, and market analysis tools to elevate your trading game. Start today and gain the skills to trade confidently in any market!
I begin by saying that this strategy worked for me initially, and it’s not sure it will work for all of you. Each one will improve over time, and you will understand the best strategy suitable for yourself.
As you can see, we are on G/J with a 1-day time frame. First, I identify the closest resistance and support zone to my price. I do this with the line chart, and then I check that they match up with the candlestick chart.
As a second step, I go down to 4h time frame to draw my Supply and Demand zones and make a projection of what could happen. As you can see, the Supply Zone has already been touched, but the price has never entered it, so I expect a new price rise within the Supply Zone, a possible Fake Out and then a beginning of a descending trend.
I went down to the time frame 1h and saw the price reaching my Supply Zone. Once reached, I control the volume, which in this case is high. Now, I wait patiently for a descent trend with the exit from the area of Supply.
As you can see, the price went out of my zone but closed badly. My entry is based on min. 15 Time Frame and are based on a strong output from the area with a high volume, which in this case is present. The exit is not the best as it has retraced, and a long shadow has formed, so I will wait for a new, stronger confirmation as the price has hinted that it wants to go down.
Once the price exited the zone with a strong candle, I went short with a S.L. at the beginning of the candle, and as a T.P. I had a R: R of 1:1.2, so I didn’t have a predetermined T.P. Remember that I am a Scalper and I am satisfied with few Pips. As you can see, there was a retest, but my S.L. was well positioned and, therefore, was not taken. T.P. reached up!
As you can see, I’m fine with a few pips, but I left a lot of PIPS as the price collapsed and the S.L. was positioned perfectly. As I have already said, I am satisfied with a small slice of the market, and my T.P. gave me a 3%. Remember always to follow your plan.
As I mentioned before, this strategy is suitable for me, but it may not be ideal for each of you; I suggest you understand through your mistakes what is best for you!
Good luck
“The secret to being successful from a trading perspective is to have an indefinite and tireless thirst for information and knowledge.”
Paul Tudor Jones
Share it:
Join the thousands of traders who have changed their lives Thanks to our instantly funded accounts
Don’t wait any longer, the perfect moment is NOW.
OFP FUNDING Is A Trademark Brand Name Owned By FINTEKNOLOGY LTD. UK
(Company Number: 15131112)
12 Elder Place, Brighton BN14GF UK
FINTEKNOLOGY LTD London, The UK – Copyright © 2025
All content published and distributed by FINTEKNOLOGY LTD. UK (Company Number: 15131112) t/a OFP Funding (“OFP Funding”) and its affiliates (collectively the “Company”) is to be treated as general and for information purposes only. Information provided by the Company or contained herein throughout the www.ofpfunding.com website is not intended as (a) investment advice; (b) as an offer or solicitation of an offer to buy or sell; and (c) as a recommendation, endorsement or sponsorship of any security company or investment fund. Testimonials appearing may not be representative of other traders and is not a guarantee of future trading performance or success. Company is not a financial broker, financial advisor, or financial representative, and does not accept client deposits. The Company does not carry out any regulated activities; the Company’s exclusive activity is simulated trading as defined in the Terms of Use. The foreign exchange market and currency trading are highly speculative in nature and as such, currency prices may become extremely volatile. You may sustain a total loss of your funds. Foreign exchange trading carries a high level of risk and may not be suitable for all traders. The highly leveraged nature of trading means that even small price movements may have a great impact on a trading account, potentially resulting in substantial losses or gains. Always consult a financial professional before making any decisions associated with the Company. It is possible you will sustain a loss of some or all of your initial capital. No representation is being made that any account will or is likely to achieve profits or losses. OFP Funding does not offer or provide trading recommendations, and any trading decisions you make are entirely your responsibility and at your own risk. Past performance is not indicative of future results. Individual results vary and no representation is made that you will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and OFP Funding For further information, please review our Terms of Use, Privacy Policy, and Risk Disclosures.
OFP Funding Ltd, a Saint Lucia Corporation, located at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, St. Lucia, with company number 2024-00577, provides the simulated trading services advertised on www.ofpfunding.com. For more information on simulated trading services provided by OFP Funding please contact [email protected].
CFTC RULE 4.41-Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, including but not limited to, lack of liquidity. Simulated trading programs in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those depicted on the www.ofpfunding.com website.
Finteknology and OFP Funding are not brokers and do not accept deposits.
Paynetics provides payment processing services to prop trading Finteknology solely for facilitating transactions during their evaluation period. This service is provided on a limited basis and does not constitute an ongoing commitment by Paynetics to process payments for any further stages.
