ABC Trend trading strategy

ABC Trend trading strategy is a great tool!
I enter the position after turn C is finished!
I put Stop lose under point C when trading up trend.
I put Stop lose above point C when trading down trend.

For target I use money managment 1:2,1:3.
If target is not touched and turn B is over, must flat the position. It is good when there is Hi volatility! It works on all time-frames!

I see that 1-2-3 is break trough system. But ABC TREND TRADING strategy is to find entry into position near support or resistance line by using small time-frame to find bounce. Wave from C to B is the larger and we expect next B to be higher high if it's UP trend.Or lower low if it's down trend. Target could be money managment 1:2 or 1:3, or up-trend resistance line. But if we see the turn B is over and it didn't touch neither MM, or up-trend resistance line then we must flat the position no mater what!

Indicators like MACD (12,26,9)for divergence, and Stochastic(5,3,3) for crossover are necessary for confirmation! MACD- telling us when we can expect trend to be over.
Stochastic- shoving when we can expect B and C turning points.

The Forex market is open 24 hours a days a week. Trading begins in New Zeland, followed by Australia, Asia, the middle east, Europe and America. The Forex market is the largest market in the world. The average daily turnover of the Forex market is around $1.9 trillion. (1.9 trillion US dollars). This is equivalent to more than 10 times the average daily turnover of global equity markets, 40 times the average daily turnover of the New York Stock Exchange, and if distributed it accounts to $300 aday for every man, woman, and child on earth! The spot market accounts for about one third of daily turnover.

The major Forex markets are London, New York and Tokyo. The US & UK account for more than 50% of turnover. Trading activity is heaviest when major markets overlap. In Forex market, an estimated 95% of transactions are speculative and more than 40% trades last less than two days. The US dollar is involved in approximately 90% of all foreign exchange transactions,equivalent to over $1.9 trillion a day. Euroaccounts for almost 37%, japanese Yen for nearly 20%, British pound for 17%, franc for 6% and Australian Dollar for 5.5%. Because two currencies are involved in each transaction, the sum of the percentage share of individual currencies totals 200% instead of 100%.

There are many reasons for the popularity of foreign exchange trading, but among the most important are, the high liquidity 24 hours a day and the very low dealing costs associated with trading. The market is so large that a handful of players can never influence its outcome.

THE WHOLESALE TIERAND
THE RETAIL TIER OF THE FOREX MARKET

The foreign exchange market is the generic term for the world wide institutions that exist to exchange or trade the currencies of different countries. It is loosely organized in two tiers. The wholesale tier and the retail tier.

The wholesale tier is an informal, geographically dispersed, network of about 1200 banks and currency brokerage firms that deal with each other and with large corporations. The retail tier is where the small agents buy and sell foreign exchange