After a few years of Forex I have learned one thing. Forex is EASY. Easy to make money. Plain and simple. We as TRADERS make IT hard ! Marking up charts, timeframes, indexs, watching the markets, the moving averages. Blah Blah Blah
I started watching these Guys on Youtube making $1000’s within a very short time frame.
I noticed 1. they all were trading at or around 9:30 am EST
so I looked into it and I started copying what they were doing
- start trading 9;45 am to 9:50 Am EXTREMELY IMPORTANT (5MIN Chart)
- trade below or above Both 50 and 200 Moving Average …Wait for it !!!
- I use the IchiMoku Kinko and MACD also as confirmation
I open 1 pair 5 x’s and I am in market about 15 to 30 Min and I hit my PIP Goal for the Day and I am DONE ! just tired of wasting my time when i don’t have to anymore
Please Don’t ask me what Pairs I trade if you really want to know YOU try with YOUR Favorite Pairs and look at the time frame go back and see what it does past few weeks or months at that time.