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50 PIPS A DAY – SIMPLE FOREX DAY TRADING – 915 Review Part 2
When the four hour, the one hour and the 15 minute time frames align, during the equity market opens, and at round numbers (00’s and 50’s) we often will have a high possibility trade setup developing on one of the six British pound crosses. MASTER The High And Low For DAY TRADING The Forex Markets. Pay specific attention to 00’s and 50’s levels, and the Equity markets opening times for Asia, London and New York. The 12 candle window (15 minute time frame) is a 3 hour window. The hour before, the hour of the market open, the hour after the open. A large majority of the time
Free isessions indicator: can be downloaded here. https://www.mql5.com/en/code/7753
Here is the “sweetspots” indicator http://forex-indicators.net/support-resistance/sweet-spots
Here is the Weekly Separator Showing Monday’s… https://liveforexsignal.com/weekly-period-separator-indicator-download/
A moving weekly high low indicator for the current week can be downloaded with the Admiral markets indicator download package ( I have no
affiliation with Admiral markets…https://admiralmarkets.com/trading-platforms/metatrader-se
Yesterday’s high and low…https://www.mql5.com/en/market/product/18528#!tab=tab_p_overview
I hope you enjoyed today’s Daily Pip Talk!
Are you struggling to be consistent with your trading? Get my FREE audio mp3 download “The 7 Step Daily Routine For High Performance Traders” at http://www.staceyburketrading.com/2368-2/
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The Edgewonk trading journal can help turn struggling traders into trading professional traders. Grab your free trial here… http://bit.ly/2elrMHh
For more on trading check out:
Trading Commodity Futures with Classical Chart Patterns – Peter Brandt -http://tiny.cc/4boblz
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading… Peter Brandt …https://amzn.to/2otOMGG
The PlayBook: An Inside Look at How to Think Like a Professional Trader…Mike Bellafiore…https://amzn.to/2w1GpGp
One Good Trade: Inside the Highly Competitive World of Proprietary Trading…https://tinyurl.com/vl7k2wt
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