In this bearish example, we see that the price opened at the close of the previous Daily candle. Price normal mitigates/manipulates into a point of interest created in the previous day. Price will then move down as we are bearish.
In this bullish example, we see that the price opened at the close of the previous Daily candle. Price normal mitigates/manipulates into a point of interest created in the previous day. Price will then move up as we are bullish.
Use the sessions to your advantage. Wait for the liquidity to be swept during the Asian session. You can trade during the London or New York session.
eb 29 It is important that we utilize the higher time frames for direction bias and target the highs or lows where liquidity is found. ALWAYS trade in the direction of the HTF. LTF are used to refine your entries. 1. Identify market direction - Daily/4hr chart. 2. Identify your current trading range. -Daily/4hr chart. 3. Get your Fibs retracement tool and draw...
It is important that we utilize the higher time frames for direction bias and target the highs or lows where liquidity is found. ALWAYS trade in the direction of the HTF. LTF are used to refine your entries. 1. Identify market direction - Daily/4hr chart. 2. Identify your current trading range. -Daily/4hr chart. 3. Get your Fibs retracement tool and draw from the...
NOTE: KNOW WHEN TO CLOSE TRADES! Breaking down markets are not easy. It is better to gain thermology and gain knowledge. Remember these 3 E's; Education, Experience, Excess(cash). So Education + Experience = Excess(cash).
NOTE: KNOW WHEN TO CLOSE TRADES! Breaking down markets are not easy. It is better to gain thermology and gain knowledge. Remember these 3 E's; Education, Experience, Excess(cash). So Education + Experience = Excess(cash).
NOTE: KNOW WHEN TO CLOSE TRADES! Breaking down markets are not easy. It is better to gain thermology and gain knowledge. Remember these 3 E's; Education, Experience, Excess(cash). So Education + Experience = Excess(cash).
Breaking down markets are not easy. It is better to gain thermology and gain knowledge. Remember these 3 E's; Education, Experience, Excess(cash). So Education + Experience = Excess(cash).
Breaking down markets are not easy. It is better to gain thermology and gain knowledge. Remember these 3 E's; Education, Experience, Excess(cash). So Education + Experience = Excess(cash).
Breaking down markets are not easy. It is better to gain thermology and gain knowledge. Remember these 3 E's; Education, Experience, Excess(cash). So Education + Experience = Excess(cash).
Breaking down markets are not easy. It is better to gain thermology and gain knowledge. Remember these 3 E's; Education, Experience, Excess(cash). So Education + Experience = Excess(cash).
Basically, I just drew an area that was tested for support and resistance as well as up trend.
This is the best 1hr strategy ever. There are 3 basic rules for this strategy: 1. The only indicator you will need is the 20 period EMA. 2. Identify the market structure and market trend. 3. Downtrend market price needs to cross the 20 EMA and the next closure of candle must be red and it either needs to close below the low of the precious candle or it is a red...
The break and retest strategy is simple and easy to follow and master.