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!
    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 www.staceyburke...
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Комментарии • 36

  • @traderscommunity1074
    @traderscommunity1074 3 года назад +3

    Stacey how to draw 50 pip box ??
    From high and low of the day or what ??

  • @thestuffedvegan9471
    @thestuffedvegan9471 3 года назад +2

    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!

  • @mrfreesocial
    @mrfreesocial 3 года назад +4

    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.

    • @Allinone-pi3qu
      @Allinone-pi3qu 3 года назад

      Bro how do you know it's a trend day vs a stop hunt day using structure

    • @mrfreesocial
      @mrfreesocial 3 года назад +1

      @@Allinone-pi3qu there are stop hunts most days but the weekly cycle and EMAs on the 15 min could help with your bias.

    • @StaceyBurkeTrading
      @StaceyBurkeTrading  3 года назад +2

      EXACTLY! Awesome Mrfreesocial!

  • @nickjohns1192
    @nickjohns1192 Год назад +1

    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 🤦

  • @BTMMHACK
    @BTMMHACK 3 года назад +2

    thank you stacey, i just capitalize off that 8:20 am drop

  • @navtresolutions640
    @navtresolutions640 3 года назад +2

    Yes Stacey thank you a lot again, scale up in size😉

  • @TraderK67
    @TraderK67 Год назад

    TBTFW....🤔😁 Brains ticking on that one 🤣

  • @sanjlakhanpal5017
    @sanjlakhanpal5017 3 года назад +2

    Add the fib tool to your charts walk through bud makes everything very clear.

    • @Max-rc6xe
      @Max-rc6xe 3 года назад

      Yes please demonstrate how you use the fib tool.

    • @sanjlakhanpal5017
      @sanjlakhanpal5017 3 года назад +1

      @@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.

  • @theblackhippiechannel
    @theblackhippiechannel Год назад

    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.❤❤🎉🎉

  • @franciscojaviermendezdealb7434
    @franciscojaviermendezdealb7434 3 года назад +1

    Excelent Stacy, my problem is that trading the one minute charts, I dont Know where exactly enter the trade

  • @Sigmabuzz08
    @Sigmabuzz08 3 года назад +3

    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.

  • @patrickufondu6017
    @patrickufondu6017 3 года назад

    Thanks Stacey!

  • @ebbyruthofficial
    @ebbyruthofficial 3 года назад

    Thank you so much Stacey for this enlightenment.

  • @diliantesilveti3550
    @diliantesilveti3550 3 года назад

    Amazing as allways

  • @oblikosthenics9129
    @oblikosthenics9129 3 года назад

    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?

  • @seanvanwoerkom7231
    @seanvanwoerkom7231 3 года назад

    Love this. Thank you!

  • @sanjlakhanpal5017
    @sanjlakhanpal5017 3 года назад

    Luv u stacey thank you.

  • @BTMMHACK
    @BTMMHACK 3 года назад

    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

    • @Allinone-pi3qu
      @Allinone-pi3qu 3 года назад

      Hi, how do you know it's a trend day vs a stop hunt day using structure

    • @BTMMHACK
      @BTMMHACK 3 года назад +1

      @@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.

  • @CopRider
    @CopRider 2 года назад +1

    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.

  • @goodguystacks7268
    @goodguystacks7268 3 года назад

    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?

    • @StaceyBurkeTrading
      @StaceyBurkeTrading  3 года назад +7

      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.

    • @CopRider
      @CopRider 2 года назад

      @@StaceyBurkeTrading need a specific videos on it, in gold charts . Please. We'll get clear idea about it

  • @084muhammadusaidbinabdulla9
    @084muhammadusaidbinabdulla9 3 года назад

    Come here because if telegram

  • @birdslove3522
    @birdslove3522 3 года назад

    Thanks Stacey 😊😊