Institutional Trading - July 9, 2020I was able to catch 50 pips on this one!
I host zoom training session to help teach people on how I am able to trade along side the institutions. I have previously explained the line set up on an older post. Due take a look if you're interested in catching big pips like this!
Institutional_trading
Institutional Trading further Explination I received a few questions about my last institutional trading post and I have posted a more in detail graph with explanation here.
I was able to grab 30 pips from yesterday's EJ accumulation period, so I have posted here how I achieved this and how I marked out my chart.
P.S entries are always made at 3:15am (Atlantic time) or later. basically once you see an indicator leaning towards a market shift. I use Alligator, MACDs and AW for confirmation. If you don't like indicators simply look for when the candle shows indication or if the next candle is moving in the opposite direction.
Institutional TradingAfter finally learning how to trade with the institutions I have found a plan that works quiet well. The beginner entry would follow the following rules (all time is in Atlantic Time).
1) Mark opening of market at 8pm
2) Mark opening of accumulation period at 12am
3) Mark closing of accumulation period at 3am
4) Monitor trade and look to enter around 3:15 (or possibly later depending on the day) for a reverse action.
5) Enter and look to collect 25-30 pips
EURUSD - JUNE 28th - 3rdAs we scale into a lower time frame.... We are looking for EURUSD to reverse trends possibly heading to a long term buy
at the the key levels. (we have indicated)
Price action has not been the best these last two weeks
but we will see what our analysis brings. we remain flexible and when the
markets start by Monday LONDON session we will have a definite bias
#Propheticpips
We have a profitable strategy
visit www.Thomasmarketingsolution.com
or follow us on IG and see our results @prophetic_pips
GBPJPY - THE RETRACEMENT WHILE ONTHE HIGHER TIME FRAMES THERE IS GREAT BEARISH MOMENTUM
THERE IS STILL A POSSIBILITY OF A HUGE RETRACEMENT WE CAN PROFIT OFF
OF BEFORE GOING LOWER.
I WILL ENTER OF THE IMBALANCE BELOW WITH A LIMIT ORDER
IF MARKETS MOVE WITHOUT FILLING THE IMB I 'WILL
THEN MARKET EXECUTE THIS TRADE TO END THE WEEK
#PROPHETICPIPS