50 PIPS a Day Forex Trading Strategy 😵

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50 pips a day forex trading strategy. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE This forex day trading strategy is all about making 50 pips a day – okay this is not guaranteed in real life but its very systematic; its either making 50 pips or nothing. The theory behind this trading strategy is as follows. We have money flowing round the world with the currency markets 7 days a week; we get the London session, the European, USA session and the Asian session and then they start all over again. The theory of this system is that as any of these sessions open we trade the currency pair that is dominant; so for the London session open we trade the GBP/USD and when the Asian session opens we trade the USD/JPY..etc Its a bit ambigous sometimes what the time of the open is. In this strategy we take the first hour’s range of whichever market we’re looking at. The theory is I go long when I break above and go short when I break below. This is a very systematic strategy that has potential.

Comments

gambo hassan says:

Old school strategy that still work it profetable in s&p

Peter Eastman says:

Best "London Breakout" I have heard. Thank you.

Brian McPherson says:

50pips that's huge, like that

Boomerang Boomerang says:

So what is “the variation of the strategy which is very successful ? “ minutes 3 of the video, please replay

Billy howe says:

The Forex market presents a gamut of opportunity for investors. However, in order to be successful, a currency trader must understand the basics behind currency movements.

Lanre Enilo says:

This is a very unique approach! You have creative strategies!

Fredrick Orlando says:

Is day trading really profitable and how easy is it to implement it in trades?

French Fry says:

Using ATR instead of just 50 pips regardless pair makes tons more sense.

Aminlv says:

it doesnt work in 2019 since rarely get atr over 50pips anyway maybe on exotics or news days
or attacking saudi oil blasted by iran etc ….

Ted Demko says:

Thanks for the ideas and thanks for sharing.

Andrew Barrett says:

Simple and well explained. Not ground breaking but something to add to the Arsenal, thanks for sharing.

wanderer 77 says:

While I broadly agree with the people saying that this ought to be traded with the direction of the prevailing trend (using the daily), it also works if there are conditions in place for a pullback or trend reversal on opening. Monday morning is good for this on the major pairs as they often want to move back closer to the EMA, either up/down and there is often sufficient momentum to get them there. Watch for bullish/bearish engulfing candles and clear indicators there will be a reversal in the lead up to the opening hour. I also like the idea of validation using the 15min to stay in the trade, or get out.

s n says:

i dont understand it, so u set the high and low, then long or short? how do u know

Rod Norman says:

This strategy is the most simple and profitable strategy I have ever used trading. I'm at 100% trading binary options on Nadex. I trade the US and Asian opening sessions. Only about two hours at each session, and I'm done for the day.

micheal grebb says:

Honestly your videos are always informative with good contents always, keep up the good work brother. Meanwhile The trading market is constantly evolving with new features, many trading opportunities and financial swings with sudden surprises around every corner.The best thing is to stay in shape and more important, don’t let anything catch you on the wrong foot and never get too emotional.

Cheers Mate says:

Good entry stratagy on 1 hour chart at open, once in the trade use the 15 minute chart for clarification. If the lower time frames are starting to lose the uptrend then you can exit earlier or scale out to protect your profits.
Personally i use the 15min with day trades. When you start getting overbought or oversold and losing the higher high or lower low time to bail.

Nemz Lord says:

How far does the candle have to close above or below the 8.00 o clock candle?

LucasLIF says:

Hi man, thank you for the video! What are your thougths on an automatic EA about this strategy? Plausible? Do you know one already? Cheers!

Алекс Михайлов says:

Сказочник

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