skrimon
Active Member
Here are the steps for the last-kiss trade:
- Wait for the price to consolidate in a box between two zones.
- The box should have at least two touches on both zones.
- Wait for the price to break beyond one of the zones.
- Once the price returns back to the consolidation box, wait for the market to print a last-kiss candlestick on the edge of the box.
- For sell trades, a sell stop is placed below the low of the last-kiss candlestick, and for buy trades, a buy stop is placed above the high of the
- last-kiss candlestick.
- Emergency stop loss is placed in the midpoint of the consolidation box.
- The profit target is the nearest zone.