DAY TRADING THE OPEN - 50 PIP BOXES
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- Опубликовано: 8 сен 2024
- #gold #xauusd #daytrading #forex #forextrading #forextips #forexstrategy #simpleforextrading
DAY TRADING THE OPEN - 50 PIP BOXES
My simple forex trading strategy is all about making 50 pips a day.
I hope you enjoyed today's Daily Pip Talk!
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Disclaimer: The purpose of these videos is for educational purposes only. Nothing associated with this channel or videos should be taken as advice to buy/sell any specific financial market. It does not take your personal circumstances or financial situation into consideration. I nor anyone associated with this channel will accept any liability for any financial losses related to any content posted on this channel. Trading is risky so seek professional trading advice before taking any specific trades/investments.
Stacey how to draw 50 pip box ??
From high and low of the day or what ??
I really appreciate the play by play at the end of your videos! I'm having a hard time understanding which candle you're getting in on though and not able to tie it all together. Seeing some of your entries and exits would be massively helpful for me! Thank you for all you've shared!
Thanks Stacey, you’re the man! Text book perfect trade today in London session towards the end of the 1st hour. 3 pushes to the low followed by a W formation with pin/engulfment up 50 pips. Finally starting to see the light.
Bro how do you know it's a trend day vs a stop hunt day using structure
@@Allinone-pi3qu there are stop hunts most days but the weekly cycle and EMAs on the 15 min could help with your bias.
EXACTLY! Awesome Mrfreesocial!
You know this is goin to be a good one without watch the video.💪👌 question tho at min 17.50 s. I see a big W formation and when it broke structure n retested I would of backed a buy. I can spot Ms so much easier 🤦
thank you stacey, i just capitalize off that 8:20 am drop
Awesome Unforgettable! Great move! :D
Yes Stacey thank you a lot again, scale up in size😉
You got it Navtre! Cheers!
TBTFW....🤔😁 Brains ticking on that one 🤣
Add the fib tool to your charts walk through bud makes everything very clear.
Yes please demonstrate how you use the fib tool.
@@Max-rc6xe first go into fib tool settings and change and add levels so that they go up in 50% intervals, i go out to 400% but you can choose what ever you want.
You can pick any high or low point in the day to place it on but what i do is evry morning i wait until 7am londont time. Ie the end of overnight session. And i drag it from the high point to the low point of the overnight range. And i place another one but this time i drag it from low point to the high point of overnight range. Then you get all the levels you need both ways for the day. Alot of the time when the trend is clearly one way i just put it on once. And then reset everyday.
Thank you Stacy for your channel you have definitely help my trading skill go to the next level. I hopefully one day get to meet you.❤❤🎉🎉
Excelent Stacy, my problem is that trading the one minute charts, I dont Know where exactly enter the trade
Hi Stacey. I have been in some good trades lately, However theres a couple of time i get stopped out because i either enter too early or my stop is too tight. For example today on gold at equity hour they wicked to the bottom and threw a engulfment and pin but then came back in the next 5 minutes. What is the best way to avoid that.
Thanks Stacey!
Thank you so much Stacey for this enlightenment.
You are so welcome Eberechi! Thank YOU!
Amazing as allways
What I couldn't get from the video is the round numbers idea. You showed us boxes that are way too bigger than 50 75 pips length. Would you be able to explain more that point pls, Stacey?
Love this. Thank you!
You are so welcome Sean! Cheers!
Luv u stacey thank you.
You too Sanj! I hope you are doing great!
was able to snag that double top off numbers for a safe trade to 00. then snag the stop hunt (buy) in the gap time
Hi, how do you know it's a trend day vs a stop hunt day using structure
@@Allinone-pi3qu well there’s no tool that can predict the future so we all wait for price action to tell future..
to help i don’t trade asia at all.
stacy has a video on studying the asia range to determine what can come.
if you see a peak in asia, follow price/wait for a stop hunt.
simple. we wait for them to move the market.
What you share is worth learning but, it's not portrayed properly.
Please draw the lines which you are saying. For newbies, it's very difficult to get quickly.
SB, can 25/75 be considered Major Round Numbers? Can’t we position ourselves in trades off 25/75 or is it specifically 50/00?
MAJOR are 00 and 50. Quarters are extended stop hunts or areas for trapping volume. Of course you can trade off of them. The major round number is the level they are moving from or to, the quarter may be the extended stop hunt or pin or a rectangle of trapped volume up high or down low.
@@StaceyBurkeTrading need a specific videos on it, in gold charts . Please. We'll get clear idea about it
Come here because if telegram
Thanks Stacey 😊😊