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Dear friends, all of us are using some strategies in trading. They are based on the vulnerability of the market and on certain laws - recurring events. In order for the system to work well, there has been a lucrative, often used an unusual approach to the market (sometimes contradictory to logic); but if this approach is profitable, why not to use it? Unlike, say, boxing and figure skating, there are no set rules in trading, which mean that we can cheat by using some of the "prohibited methods" and tricks.
And today I want to share with you one of such tricks.
It will work well for currency pairs: AUDUSD, NZDUSD, USDJPY, AUDJPY, NZDJPY, AUDNZD at H1 timeframe.
The main idea of this approach is to use specific to the Asian session movements. The strategy is not tied to a specific platform and specific indicators. From graphic tools we need only Fibonacci levels.
One of the main axioms of trading - the trend is always striving to continue.
In this case, the trend will be considered as a candle that from the opening to the closing point has passed at least 30 pips, that is at least some directional movement.
The probability that the next day the price will go in the same directi…
And today I want to share with you one of such tricks.
It will work well for currency pairs: AUDUSD, NZDUSD, USDJPY, AUDJPY, NZDJPY, AUDNZD at H1 timeframe.
The main idea of this approach is to use specific to the Asian session movements. The strategy is not tied to a specific platform and specific indicators. From graphic tools we need only Fibonacci levels.
One of the main axioms of trading - the trend is always striving to continue.
In this case, the trend will be considered as a candle that from the opening to the closing point has passed at least 30 pips, that is at least some directional movement.
The probability that the next day the price will go in the same directi…
