DAY MONSTER

Summary:

Entry Rules for Trades

To initiate a trade, follow these entry rules to ensure a high-probability setup:

1. Indicator Alignment:

- Short (Sell) Trade: Look for a recent large RED Alert Arrow. Ensure that the FDM Buy/Sell Pressure Indicators, FDM Fast Trend, FPM Multi-Trend, and FDM Oscillator are all RED. The FDM Oscillators can be bright or dark red, as long as they are red.

- Long (Buy) Trade: Look for a recent large GREEN Alert Arrow. Ensure that the FDM Buy/Sell Pressure Indicators, FDM Fast Trend, FPM Multi-Trend, and FDM Oscillator are all GREEN.

2. Timing:

- Indicators don’t have to align immediately but must eventually all be red or green. If it takes several hours for alignment after the Alert Arrow, consider skipping the trade.

- The quicker the indicators align, the higher the probability of a strong price move.

3. Patience and Discipline:

- Never enter a trade based on the assumption that indicators will align. Wait for confirmation to avoid false moves.

- The system is designed to filter out false signals, so it’s better to miss a few pips than to enter a losing trade.

4. Specific Indicator Notes:

- In the FOREX Day Monster system, the Fast Trend Indicator's color is crucial, not its position relative to the zero line. Do not wait for it to cross the zero line before entering.

By adhering to these entry rules, you increase the likelihood of entering profitable trades and avoid potential losses from premature entries.