The Sniper Trading System is set up for the Sniper to make minimum 30pips Daily in Forex.
The system is built on the algorithmic movements (aka TIMES of day) that the market has the highest probability to trend✅
The systems foundation is Market Structure that we frame with two formulas:
Wick Formula that gives you the structure areas and 17:1 ADR Strategy which traps price vertically within a specific time period that the algorithm moves price.
Today I will break down the system in a straight forward way.
Box 5PM-1AM EST (From wick to wick) Measure how many pips this zone is. This is your MORNING ZONE.
Your 12AM candle is the key to finding your set up.
If the 12 AM 1 Hr is RED you are looking for BULLISH plays for the day. If your 12 AM Candle is Green you are looking for the BEARISH play.
Once price breaks the high or low of your MORNING ZONE you look for the set ups in confluence with your 12 AM 1 Hr Candle.
After we find our set up bias we drop down to the 15min to snipe the play.
We have a very tight 5 pip Threshold aka Stop Loss on the trades so this allows you quickly to know when price isn’t going in your favor to pull the trade and wait for another entry.
This system trades the Macro Pivot Points so we are always in the trade at the beginning vs waiting for a pullback which often times doesn’t happen cleanly.
Take profits at Extremes of the ADR aka liquidity areas (top of the wicks to the body of the candles)
This play happens every single day in the market like clockwork.
News will set the moves back later so it’s best to trade AFTER news hits unless you are already deep in the trade. I still suggest pulling your profits before news.
This system is consistent and will put your trading in AUTOMATIC.
Check out today’s set up and how it followed the system perfectly.
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.