仅根据蜡烛数进行交易 (Trading based only on counting the candl)

Hi everyone,

I am Viet, been a trader for a while. Thankfully, also profitable.

As a trader, I am always hungry for knowledge and seek for any piece of information that may contribute to, update and perfect my own trading method to the highest possible extent.

Recently, I have been introduced a new method of trading which I would like to describe below. The guy introduced the method to me only tells me "what to do" but he never shows me "why". In other words, he hides as much information as possible and just shows the surface of the method. I also have done so much research on google but I cannot find its details.

Hence, I am opening this new thread in case any other trader in the forum could helps. Thanks very much in advance.

He calls the method "price circle" or "price cycle"

Day trading:
He only uses min5 chart. Generally, he tells that the price shall go by phases.

Phase 1: From 21 GMT to 3 GMT
Phase 2: From 03 GMT to 7 GMT
Phase 3: From 07 GMT to 10 GMT
Phase 4: From 10 GMT to 13 GMT

In Phase 1, 2: The price goes up slightly (for ... pips), and then goes up strongly (for ... pips) before European session, and then goes down to the end of Phase 3 and then consolidation or slightly goes up in phase 4 . He will wait if in Phase 1 and 2, the price goes as what he expected (based on phase and pips), he will active sell order in the end of Phase 2.

(Same logic for buy order)

Swing trading:
Based on what he says, NO MATTER HOW MANY PIPS THAT THE PRICE HAS GONE WITH, IF THE PRICE HAVE GONE UP (OR DOWN) FOR A PERIOD OF TIME, IT TEND TO RETRACE WITH THE EQUIVALENT PERIOD OF TIME.

For example, in W timeframe, if he sees that the price has go up (or down) for 5 WEEKS, so, if the price reverse, he tend to anticipate that the price may go down (or up) for ABOUT 5 WEEKS, no matter how many pips. So he will drill to smaller time frame for best entry and hold his order for the same period, maybe 3 - 5 weeks.

For both methods above, he does not base on anything such as news, technical analysis, supply and demand, S&R and so on. He also emphasizes that these things means nothing to his trading method. The price has been pre-set and controlled by Market Makers and Big Boys.

As my trading also based on Market Makers and Big Boys' moves, i am very curious about what he said. Hoping to find another piece of the puzzles.