Scribd
Upload
295 views1 page

Bilz Golden Strategy Checklist

1) This document outlines Bilz Golden Strategy for trading EURUSD and GBPUSD from 8:00-10:00am UK time using the movements in the Asia session from 10:00pm-7:00am UK time. 2) It describes looking for buys if the Asia session was bearish and sells if it was bullish and entering at the 0.62 Fibonacci retracement level for a 1:2 risk-reward. 3) Trades should be exited at the daily open price or between 11:30-11:45am at the latest.

Uploaded by

juliasarahbungsu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
295 views1 page

Bilz Golden Strategy Checklist

1) This document outlines Bilz Golden Strategy for trading EURUSD and GBPUSD from 8:00-10:00am UK time using the movements in the Asia session from 10:00pm-7:00am UK time. 2) It describes looking for buys if the Asia session was bearish and sells if it was bullish and entering at the 0.62 Fibonacci retracement level for a 1:2 risk-reward. 3) Trades should be exited at the daily open price or between 11:30-11:45am at the latest.

Uploaded by

juliasarahbungsu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

Bilz Golden Strategy Checklist!

General Information
- Trade from 8:00am - 10:00am UK TIME! This is 3am - 5am NY Time
- Don't trade the strategy on Mondays
- Don't trade strategy on Heavy news days which effects the Piars you will trade this
strategy
- Works best on EURUSD + GBPUSD. Also works on USDCAD, SPX500, XAUUSD
but can be a little manipulative

Strategy Checklist -

1) Mark out these times 10:00PM - 7:00AM UK TIME ( 17:00PM - 2:00AM NY TIME )
We do this because this is the asia range. 10:00PM UK Time is also the time in
which the new daily candle opens. This is what ICT calls The power of 3 but on the
daily time frame. Accumulation , manipulation , distribution
2) Check the movement of the Asia session. Which side of the market did the price
move the most? If it's consolidated, I won't be taking a trade using the strategy.
3) Was the movement in the asia session BULLISH? If so, enter SELLS After 8:00 UK
TIME ( The normal trading times as stated on general information ). If the Asia
session was BEARISH, we look for BUYS after 8:00 UK time. So basically the
opposite of what the Asia session did.
4) Now look for a BOS of A High ( If asia session was bearish, because we're looking
for buys ) Or look for a BOS of a low ( if asia session was bullish because we do
opposite of what happened in asia session. )
5) After we get a BOS of a high or low, mark out the Fibonacci retracement from the
recent low to recent high ( or opposite again depending on if the asia session was
bullish or bearish ).
6) When we get the BOS and in the next 5m candle go down and touch the GOLDEN
0.62 zone I won't enter.
7) Enter the trade on the 0.62 GOLDEN ZONE! Make sure you also look at momentum
on the 1m timeframe, if momentum is too much, you can wait and get a better entry.
8) SL Cover the recent LOW/HIGH ( Again depending on whether your looking for
BUYS or Sells )
9) Move SL to BE at 1:1RR Or don't move it at all. Take Profit 1 At zone of liquidity or
Imbalance. TP1 NO LESS THAN 1:2RR! Long term TP should be daily open price
( AT 10:00PM )

NOTES
- If price is above/below ( depending on whether your buying or selling) daily open
after 8:00, be very cautious or don't enter a trade at all
- Maybe close your trade at 11:30 - 11:45

You might also like