Trading Forex 24 daily Trade Market strategy
Trade Forex 24 Price Action
Technical Analysis Trading
Daily trading forex 24, currency pair market review today will be on major pair and Gold Trading.
Our intraday Forex trade range works locally
time +2 London Time zones.
Our trading strategy works on the European season and USA Season. we knew Forex brokers and the Forex market opens 24 hours. so you can trade Forex 24 hours but we focus on Trading sessions EUR and the USA york sessions ( New York ).
Daily Trade Market
Range market analysis rules.
My Trading day Plan:
Trade only on sessions that we mentioned.
Trading position buys or sells if the price is open or closes Broken up or down the normal movement range by 30 minutes or 1 hour candle.
Stop loss will be on the obesity range level if open buy position sl will be on the lower level range.
First Tp1 close 50% of profit, move stop on break even.
Second Tp2 close 25% and Tp3 close all your trade that it's Risk management by your capital 0.5%.
Daily Price action as Intraday Trading
Every day The market has a different reaction of movement by price action.
our experience with daily range on
market.
It has primary 5 ways of reaction as Intraday price action, Three ways as general rules daily trading range movement.
The Other 2 ways will explain after.
1- Flat Trend Inside Range levels.
That means the price stays inside the range levels with normal movement without liquidity.
Notes 📝
Price action has done on a smaller Time Frame.
This reaction to the trend gives us more time and saving our money Many times.
It means the next day the flat trend reaction has a lower opportunity to happen again and the range will be smaller with a bigger take profit.
Forex trading Example GBP USD Intraday Trading Successful
2- Pullback price action of 50% range levels before Broken up or down the range.
The intraday Forex trading strategy idea will be with 30 minutes or 1 hour close candle on/up/down the leaves.
Example Gold Trading Analysis below
3- open rally broking levels without hit Take profit or hit First Tp.
The intraday trading strategy idea will be with price action pullback moves inside the range or touch broking levels.
More Trading hours, Forex 24 GBP USD Trade example
Daily Trades for Forex traders its risky investment in the market may lose money, you need to use risk management.
More knowledge risk management check below.
Risk warning Trade in CFDs ( contracts for differenceor) or Forex ( foreign exchange ) its high level of risk, may not be suitable for all investors in This Global market.
We Do not respond any loss or profit by our analysis.
do not trade with risk money that you cannot afford to lose.
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