فوركس ساتو

ROULETTE STEP 1
Use any successful technical analysis method to determine the probable
direction the market will go in.
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The “Roulette” method can be successfully applied to any time scale and size,
however my preferred application is based on daily charts going for 100 to
300 pips. I’ll deal with specific applications later in this chapter.
You should already be quite familiar by now with a number of technical
analysis methods (having read what I wrote earlier in this eBook and from my
previous eBooks) so I won’t elaborate upon them, just touch upon them.
Look inwards from the big picture to see the trends. Start off by looking at a
Monthly chart to see what has been happening to get an idea of where the
market is likely to be headed over the next month. Then switch your view to
the Weekly charts to see what appears to be likely for the next week or
two. Then switch to your Daily charts to see what that view shows
you. Remember that from different perspectives you’ll see different
things. For example, you might see a powerful up trend on your hourly or
daily charts, which on your weekly charts might only be part of a minor
reversal / retracements of a predominant down trend, which on your monthly
charts is just part of a consolidation. You can take that analogy even deeper
by looking at 5 minute charts.
You look for patterns that you are familiar with (such as consolidations,
trends, or triangles) in any time frame (generally the bigger the time frame the
better), and you find the time frame that is currently trending.
Simply put you decide in which direction the market is likely to go just as you
would using any of the techniques you have learned. There are far too many
things to mention here without this becoming a whole technical analysis
course in itself. Use your trading “common sense” to pick a direction.
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