#OPINIONLEADER# #fundamentalsanalysis# #technicalanalysis#

When USD news comes out before a 4 hour candle closes, I use discipline, patience and wait. A Lot of high impact expected news hits at 5:30 am (PST/USA) when New York session opens. This is London session and New York session overlapping 4 hours which I think is best 4 hours of day to trade.
My Rules Area: (USD high impact expected news)
1) Use either a 5 minute or 15 minute time frame to trade on.
2) I use forexfactory.com for my news and results.
3) Use a highly traded USD currency (like Eurusd , UsdCad , UsdChf , Gbpusd or Usdjpy ) to trade with.
4) If high impact news hits at 5:30 am---- then EURUSD example on chart (8/12/21 PPI mm) --- comes in---> refresh page and get results.
Results were USD positive: actual 1.0% and forecast was 0.6% so was higher then forecast and/or expected, so USD shows strength, if you are trading the following pairs EURUSD , USD,AUD, GBPUSD , should go down, USDCAD , USDCHF & USDJPY should go up- related to USD high impact news results.
5) If high impact expected USD news hits prior (5:30 am PST/USD) to a 4 hr candle--I WAIT for top of hr of 6:00 am -10:00 am candle for any new trades.
Why? let both spreads calm down to a normal range and all of the scalper traders clear out, to set up any possible further trades. This gives you 30 minutes to set up whole trade: Entry, Stop Loss and Targets for this. Remember EURUSD only has an ATR of 53-60 for last 5 weeks, so stops/targets are close.
Chart set up is: 5 stop loss vs 14 pip target. Note high impact USD expected news was positive, so set up a bearish or sell trade with EURUSD . *Trade was entered on reversal of 5 minute DOJI candlestick right start of new 4 hour/6:00 am (not shown related to short time frame for TV/public to look at). I use both 5 minute time frame and 15 minute time frames to trade high impacted expected news on. Note: Price Action & Risk Management ALWAYS!!!
My Rules Area: (USD high impact expected news)
1) Use either a 5 minute or 15 minute time frame to trade on.
2) I use forexfactory.com for my news and results.
3) Use a highly traded USD currency (like Eurusd , UsdCad , UsdChf , Gbpusd or Usdjpy ) to trade with.
4) If high impact news hits at 5:30 am---- then EURUSD example on chart (8/12/21 PPI mm) --- comes in---> refresh page and get results.
Results were USD positive: actual 1.0% and forecast was 0.6% so was higher then forecast and/or expected, so USD shows strength, if you are trading the following pairs EURUSD , USD,AUD, GBPUSD , should go down, USDCAD , USDCHF & USDJPY should go up- related to USD high impact news results.
5) If high impact expected USD news hits prior (5:30 am PST/USD) to a 4 hr candle--I WAIT for top of hr of 6:00 am -10:00 am candle for any new trades.
Why? let both spreads calm down to a normal range and all of the scalper traders clear out, to set up any possible further trades. This gives you 30 minutes to set up whole trade: Entry, Stop Loss and Targets for this. Remember EURUSD only has an ATR of 53-60 for last 5 weeks, so stops/targets are close.
Chart set up is: 5 stop loss vs 14 pip target. Note high impact USD expected news was positive, so set up a bearish or sell trade with EURUSD . *Trade was entered on reversal of 5 minute DOJI candlestick right start of new 4 hour/6:00 am (not shown related to short time frame for TV/public to look at). I use both 5 minute time frame and 15 minute time frames to trade high impacted expected news on. Note: Price Action & Risk Management ALWAYS!!!
Tuyên bố miễn trừ trách nhiệm: Nội dung trên chỉ thể hiện quan điểm của tác giả hoặc khách mời. Nó không đại diện cho bất kỳ quan điểm hoặc vị trí nào của FOLLOWME và không có nghĩa là FOLLOWME đồng ý với tuyên bố hoặc mô tả của nó, cũng không cấu thành bất kỳ lời khuyên đầu tư nào. Đối với tất cả các hành động do khách truy cập thực hiện dựa trên thông tin do cộng đồng FOLLOWME cung cấp, cộng đồng không chịu bất kỳ hình thức trách nhiệm pháp lý nào trừ khi được cam kết bằng văn bản.
Trang web cộng đồng giao dịch FOLLOWME: www.followme.asia
Ủng hộ nếu bạn thích
Tải thất bại ()