47 Comments

  1. for anyone wondering, this past trading week, 1/6/20-1/10/20 (GBPUSD) had a WIN, WIN, LOSS, WIN, LOSS. the total profit could have been more than 50 pips per win, but assume only 50 pips per trading day, so 150 pips profit, and technically speaking you could've had trailing stops and cut your losses neutral, but assume you had a 10 pip stop loss for a 20 pip loss = 130 pips net profit.

  2. Sound strategy. Fits perfectly with what I've been learning about the volume happening on GBPUSA on the 4 hour chart! The trick is to gain confidence from other ways like MACD and know when to get out when it doesn't work. I'm getting there!

  3. This strategy is the most simple for intraday…i already backtest with Gold but based on HL first 2hour daily open…TP 60 pips…from july-oct 2019…around 64%losing trade..its better with martiangle position sizing…it will return 5%per month

  4. The Forex market presents a gamut of opportunity for investors. However, in order to be successful, a currency trader must understand the basics behind currency movements.

  5. While I broadly agree with the people saying that this ought to be traded with the direction of the prevailing trend (using the daily), it also works if there are conditions in place for a pullback or trend reversal on opening. Monday morning is good for this on the major pairs as they often want to move back closer to the EMA, either up/down and there is often sufficient momentum to get them there. Watch for bullish/bearish engulfing candles and clear indicators there will be a reversal in the lead up to the opening hour. I also like the idea of validation using the 15min to stay in the trade, or get out.

  6. This strategy is the most simple and profitable strategy I have ever used trading. I'm at 100% trading binary options on Nadex. I trade the US and Asian opening sessions. Only about two hours at each session, and I'm done for the day.

  7. Honestly your videos are always informative with good contents always, keep up the good work brother. Meanwhile The trading market is constantly evolving with new features, many trading opportunities and financial swings with sudden surprises around every corner.The best thing is to stay in shape and more important, don’t let anything catch you on the wrong foot and never get too emotional.

  8. Good entry stratagy on 1 hour chart at open, once in the trade use the 15 minute chart for clarification. If the lower time frames are starting to lose the uptrend then you can exit earlier or scale out to protect your profits.
    Personally i use the 15min with day trades. When you start getting overbought or oversold and losing the higher high or lower low time to bail.

  9. Guys can someone help me out with this . So I understand the strategy itself but the fact he’s using a 1hr chart does that mean that you have to trade off the 1hr chart?

  10. ✅ Guys/Girls check our Youtube playlist dedicated to trading Forex: https://www.youtube.com/playlist?list=PLnSelbHUB6GSkemabSElvunFNn0SoMUTF Subscribe to our Youtube channel for more! We publish daily educational videos to share ideas and help you improve your trading – material that other educators charge you an arm and a leg for!
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  11. this makes it really easy to trade. and the RR is really good because before opening sessions markets are usually in a range so my stop losses are tight and the direction is very easy to decide as its usually followed by a really strong candle. Thanks for the tips!

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