I will upload more videos to explain how to use currency correlation to identify excellent trading opportunities
I mean practically at no cost since the EA is free. all that is needed is VPS and a demo account
eurusgd. we have to wait until the end of the hour to get a clear view of the direction it will take 34 minutes of waiting
10 more minutes of waiting,
best entry price around 1.4390
eursgd is likely to move up
Holding time 2 hours
the sudden movement we expected never happened. price well above our entry point.
time to consider closing the trade
we have just 2 5 minutes to the end of the hour
The market mover analysis is working perfectly fine.
The mission has now changed:
These are the new goals in October:
Maintain DD at 3% or less.
Earn at least 3 pips per trade.
Avoid losing trades as much as possible
I am going to state/provide a basic rule that must be followed before opening any trade: unless stated otherwise.
If previous hour high and low were 1.1401 and 1.1381 respectively ( and then we get an opportunity to trade in the present hour) wait until price touches the midpoint which is 1.1391.
we said best entry price around 1.4390
Now you know how we arrived at that figure. any question? Just inbox
traders pay attention to double bottom as well
USDCAD signal high risk,
