During Asian Tokyo Session trade: GBPUSD, GBPAUD, GBPJPY, GBPNZD. Trading Time Zone: 1 hr before to 1 hr after Tokyo Session. Trade 15m chart. Add a "00" & "50" numbers indicator to chart or add them to your chart. As the new trading day starts, watch how price reacts to those price levels. This pair price came bullish, had a bearish pullback and then a short...
Breakouts are found using Trendlines - Horizontal Sup/Res Ranges - Channels. Finding the opportunity to see the 2nd or 3rd breakout increases breakout success. Use a tighter stop loss on a 15m chart helps reduce risk. If caught in a head fake - with a lighter stop loss - watch for another breakout setup. Hold for a longer intraday or daily trend move.
Big Ben Indicator shows the Asian Session Range Big Ben Indicator shows 1H pre-London area Big Ben Indicator shows 1h London Open area Big Ben Indicator shows pre-London Stop Hunt Breakout Big Ben Indicator shows Sell Signal as London Opens Big Ben Indicator shows the Entry Price level Big Ben Indicator shows adjusting Trailing Stop Big Ben Indicator shows Take...
Big Ben Indicator shows the Asian Session Range Big Ben Indicator shows 1H pre-London area Big Ben Indicator shows 1h London Open area Big Ben Indicator shows pre-London Stop Hunt Breakout Big Ben Indicator shows Sell Signal as London Opens Big Ben Indicator shows the Entry Price level Big Ben Indicator shows adjusting Trailing Stop Big Ben Indicator shows Take...
Big Ben Indicator shows the Asian Session Range Big Ben Indicator shows 1H pre-London area Big Ben Indicator shows 1h London Open area Big Ben Indicator shows pre-London Stop Hunt Breakout Big Ben Indicator shows Sell Signal as London Opens Big Ben Indicator shows the Entry Price level Big Ben Indicator shows adjusting Trailing Stop Big Ben Indicator shows Take...
Rule #1 Define the Asian (London) Trading Range We’re going to use the range definition that takes into consideration only the body of the candles, excluding the wicks. Note* this trading rule can be adapted as you get more experienced at reading the price action. Who knows, maybe you’ll be able to discover some price action tendencies around the London open that...
HOW TO USE THE STE PULSE COLORED BARS TO TRADE A BEARISH FLAG SHORT CONTINUATION TRADE. Price Consolidation caused STE Bars to change to a Dark Red color and to rise up towards zero line. STE Bars did not cross above zero line but bounced short again and changed to a light red color and increased in length. Short Stop Order placed @ 1.0990. Stop Loss placed...
INSIDE CANDLE STRATEGY What is an Inside Candle 1. Previous candle engulfs next candle. 2. 2nd candle high is lower that 1st engulfing candle. 3. 2nd candle low is higher than 1st engulfing candle. INSIDE CANDLE METHOD 1. Incoming Trend 2. Inside Candle – Opposite Color 3. Enter Break of Engulfing Larger Candle Inside Candle method is a great short term...
Rule #1 Define the London Trading Range We’re going to use the range definition that takes into consideration only the body of the candles, excluding the wicks. Note* this trading rule can be adapted as you get more experienced at reading the price action. Who knows, maybe you’ll be able to discover some price action tendencies around the London open that no-ones...
Let 1st 15m bar close 1st bar closed below Kijun-sen, + vol, oversold %R, Red Macd bar Wait for a 23%+ fib pullback retrace 2nd bar 38.2%+ pullback & closed below 38.2% level Enter on open of 3rd bar 3rd bar CLOSE confirmed bearish bias because Volume+, Oversold %R, Macd red bar You find your own SL and TP
Consider the common situation in Forex when price makes a move for 50 or more pips in one direction. It could be a sudden move covering a large distance in just one or two bars, or it could move steadily over many days. Whether the move surprises you or steadily makes tracks in one direction, it happens that you notice this market might be trending. Will it...