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Day Trading Gems

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bacreathe
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218 views6 pages

Day Trading Gems

Uploaded by

bacreathe
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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3 CONFIRMATION ENTRY 1.Wait on structure to break a minor high/low minor high breaks minor lows breaks 2. Wait on a range then wait for it to pull into mid point. or extreme from that range (known as a break out retest strategy) @solonetwrk 3. Enter once you see price momentum *Can be seen as Candle Stick Patterns* & or a Price Action Pattern. Dothisinthe Ls win time Frame STRENGHT OF CANDLESTICKS Correlations What Are Correlations? - Correlations are basically when a statistical measure of two currency pairs are related in value and will move together in either way such as in the same direction or opposite but there is an always cause & effect on each other’s movement. Example: Us Dollar F¥A/ Then GoLp F934 OLE Then cAD Eg, CHF E/ Then GOLDEG L HL UPTREND LL DOWN TREND ts nN wh i / Ny VVVEasEBY OY The best times to trade: => GBPUSD/EURUSD/AUDUSD/USDJPY/GBPJPY/GBPAUD London Session & New York Session 2:00 AM 11:00 AM - 7:00 AM 5:00 PM CST => US30/NAS100/SPX500 New York Session 7:00 AM 5:00 PM CST => XAUUSD New York & London Session 2:00 AM 11:00 AM - 7:00 AM 5:00 PM CST

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