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CICR + MPRC easy trade

STEP 1:
Draw baseline price line and MPRC4 Low and High Lines (MPRC4 is marking price
for TF4hr).
Drawing MPRC lines:
MPRC step 1: marking the baseline price
Open up TF1 chart on EU pair and draw a line at the center of a candle 1 hr before AUD open

MPRC step 2: Marking TF4 hr Lines


open up TF4hr chart on the same EU chart above and draw 2 horizontal line where the pip
range >70 pips... the lines are drawn from the body of the most dominant candle, closest to
current price while ensuring the baseline price is at the center of the TF4 candle selected (as
much as possible). Picture below shows MPRC4 Low and MPRC4 High lines in GREY color.

STEP 2: HOW TO USE CICR AND MPRC TO ENTER A TRADE

Change to TF1hr on the EU chart which we have drawn the MPRC4 lines before.
Wait for the price to rebound at MPRC4 lines (high or low).
Look at below example (red circle). Price has broken MPRC4 LOW line. We are ready
to buy EU but when do we enter? U can enter immediately but u could never tell if
the price gonna continue to go down.

This is where CICR comes into the picture


Open up both EURO and US$ chart I normally use TF15M chart for my
analysis.
Only enter if u see
o price bounce from SnR level (red and blue thick bars)
o Candle close above/below MA5 line.
o To be safer, enter trade once candle close above/below the immediate
SnR lines (see arrows)