SIMPLE Forex Day Trading Strategy! (Secret To BIG Profits)

"i am going to move my stop-loss up to break even though that way this is a risk-free trade now i'm extremely excited about it and i'm hoping we can get a little bit higher here with price up around the 1.3423 level if we do and that is a level i'll consider taking off my profits second"

"we're looking for the conditions of the market being above our 50-day moving average we need a test of support three times and a green candle to show us that the market's planning to continue higher from that previous support level one two third test green candle entry pushing the market higher"

"for my stops all i do is go below the previous swing though the lowest part of it and for my targets i'm looking at previous structure looking left"

"condition one below the 50 ema what's the next thing we are looking for on this strategy you go ahead and answer it for me that's right we're looking for a triple top situation or a resistance level that's tested once twice and thrice"

"our entry is a red candle that's all we need show me selling pressure for the third time in a row at a resistance level while we're in a downtrend yo i'm jumping on i'm gonna go short"

"with a stop loss above the highest wick of our resistance level whichever one of the three has the highest wick it's where i'm putting stop targets where they go around previous structure support right about a one point six to one"

"you now have the rules that you need to take this strategy and go back test it yourself"

"for me day trading wait for it actually happens around 9 00 pm one of my favorite ways to trade"

"the time frame you want to avoid at all costs when day trading or the time zone not time frame the trading time is anytime between 4 p.m eastern standard time look it up in your time zone"

"after 6 pm the spread calms down a bit by 10 pm you can get a very normal spread like one to two pips like i did on this trade"

"you do your analysis between 8 and midnight you place your trades before bed whatever your analysis tells you in this case my analysis was saying i have wait for it three time tested support level above the 50 ema my entry candle did close above the 50 ema i entered the market when your strategy lines up at 8 to 10 pm 8 to 12 8 to midnight"

"during the london session and the london new york overlap your trade is very likely to either be stopped out which happens sometimes nothing's 100 or likely to hit your target because of the volatility that comes in the market"

"a lot of times ninety percent of the time i would say that volatility coming in on the london session between that and the london new york overlap will hit your targets or hit your stop and you'll be out of the trade within 24 hours 90 of the time"