Power of 3 at work on Gold producing a 8.6RR move on 30/06/2023
FOREXCOM:XAUUSD
Ict power of 3 is a strategy that reveal the market maker algorithm model for price delivery.
Power of 3 simply means there are 3 things market makers algorithm do with price in ever trading days.
Those 3 things are; Accumulation, Manipulation and Distribution.
AMD:
A:...
This post contains a great tip for all bitcoin traders. I use it every day for my bitcoin trades.
On the chart you see two green vertical lines. These are drawn from 8:30 AM EST to 11:30 AM EST everyday New York Time.
I call the time between these lines Money Zone, which is where Whales/Institutions/MMs/Whatever set up their day trades.
The yellow Horizontal...
🕔 What are the Operating Hours of the Forex Market?
The forex market is operational 24 hours a day, five days a week, excluding weekends. It commences trading at 5:00 PM EST on Sunday and concludes at 5:00 PM EST on Friday, resulting in a total of 120 trading hours, with a 48-hour break from Friday to Sunday (EST). The forex market caters to global traders,...
8:30 in the morning NY Time is what your eyes
👁️👁️ should be on. This time of day unleashes huge volatility in the market that you can take advantage of if you know how to benefit from it.
Price at this time likes to entrap a lot of retailers to revers against them and take stoplosses.. Every day at this time..A Lot of news, a lot of volatility, and clear...
Hello Traders!
This video speaks on how to structure and anticipate price action intraday.
If you are a day trade would highly recommend using the sessions to help frame
trades and prepare yourself for success.
Happy Trading!
Have you ever wondered, when is the best time to trade?
It all depends on what market structure is present at the current moment.
There are 3 different types of market structure:
1. Ranging
2. Trending
3. Indecisive
During a ranging market, prices can turn rapidly so taking profits quickly is crucial. Not optimal market conditions but can be traded if you don't...
This isn't exactly cutting edge, high grain analysis, but it's an angle to consider. this market is leveraged differently during the new york session. that allows people to buy more contracts at a time. just a statement of fact, I don't know how that would effect trading strategies.
