$EURUSD - How I've been trading the EURUSD all month
Updated
I trade super zoomed out.
Trading the M15 zoomed out allows to see clearly what going on.
It's like trading the H1 but 4 times more candles. Or the D1, with 96 more candles.
I usually trade in the direction of the long term trend(strength).
For as long as the price is UNDER THE RESISTANCE LINE, I will mainly short(Sell) it every time the price reaches and bounces off that resistance line AND/OR I will short when the price breaks the lowest low.
Change in direction: When a RESISTANCE line transforms into a SUPPORT line, I'll go long(Buy) above the last lower high.
Trading the M15 zoomed out allows to see clearly what going on.
It's like trading the H1 but 4 times more candles. Or the D1, with 96 more candles.
I usually trade in the direction of the long term trend(strength).
For as long as the price is UNDER THE RESISTANCE LINE, I will mainly short(Sell) it every time the price reaches and bounces off that resistance line AND/OR I will short when the price breaks the lowest low.
Change in direction: When a RESISTANCE line transforms into a SUPPORT line, I'll go long(Buy) above the last lower high.
Note
Hey guys! I'm on vacation in Japan right now! So many things happened this year. Since this post. After winning 156 trades in a row, I've been coaching private clients one-on-one (paying me over 40k). And I've just decided to open my knowledge to more people (for a limited number of people for now though as I want to take great care of each person), I've just launched my website: crackedforex.comCheck it out.
See you inside :-)
Watch our video tutorial at crackedforex.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.