Kojo Forex Almighty Formula - Simplified Strategy
1. Pair Selection
Focus on highly volatile pairs such as:
- GBPUSD
- EURUSD
- XAUUSD (Gold)
These pairs offer better movement and opportunities for profits.
2. Timeframes
Use multiple timeframes to plan and execute:
- Higher Time Frame (HTF): 4H or Daily => For overall trend and strong levels.
- Lower Time Frame (LTF): 15 min or 1H => For actual entries.
3. Market Structure
Always determine the market structure:
- Uptrend: Higher highs and higher lows.
- Downtrend: Lower highs and lower lows.
Draw key support and resistance zones from HTF.
4. Entry Setup (The Formula)
Steps to find your entry:
1. Wait for a breakout above resistance or below support.
2. Wait for the price to come back (retest).
3. On the retest, look for confirmation:
- Bullish/Bearish engulfing candle
- Strong wick rejection
- Minor structure break on LTF
Enter only after confirmation.
Kojo Forex Almighty Formula - Simplified Strategy
5. Risk Management
Kojo's golden rules:
- Risk only 1-2% of your account per trade.
- Always use stop-loss based on market structure.
- Don't chase every setup. Only take high-quality trades.
6. Psychology & Journaling
Your mindset is key:
- Stick to your plan.
- Journal every trade: setup, reason, emotion.
- Review your week to improve.
- Losses are part of the game. Stay disciplined.