#DailyPipTalk #LondonBreakoutTrading #ForexTradingTips
Forex Trading With Average Daily Range And Median Price Levels Pt 2
We can use the average daily range and median price levels to help us make better decisions with our forex trading. Using the high and the low of the day, waiting for the equity markets to open and using round numbers can help us possibly take less riskier trades. Understanding the price action at the end of the Asian session can help us prepare better and make better decisions as the trading day unfolds.
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:
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
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading… Peter Brandt …https://amzn.to/2otOMGG