I use these systems for years now and it works 80% of the time. If used at least 1 hour before or after imprortant news, the success rate is around 90%. The 10% losses is the problem mostly because I always first think, it will be back... And the I enlarge the SL. That's why I now only use my own wave-based EA that covers all markets :)
Really great approach to the "big numbers" (00, 50). Very interesting and will test this into my existing trading method. thanks for great video, and explaination.
Really interesting video, especially the NFP trades. I find it particularly difficult to know whether to trade with/against the flow. I often enter late, partly because I want to wait for price to confirm that action and because my broker (oanda) have ridiculous spreads during news releases. Only to find the flow turns against me and I get stopped! Especially with the lack of conviction on todays news.
I guess being able to make these calls is what separates the pros from people like me!
Great video. I love when someone shows their mistake and not just their wins.
Than you
DNAblues 4 months ago
Fade Begins Where Flow Ends
1. Let Price Go Through at least 1 Ideally 2 Levels
2. Buy/Sell in Zones Below/Above 50 or 00 Once The Move Has Been Made
3. Don’t Be Greedy
4. Don’t Be A Hero Otherwise Equity = 0
5. Buy Market in Zones ~35-40 or ~75-80 (Below 50 or 00)
6. Sell Market in Zones ~65-60 or ~20-25 (Above 50 or 00)
7. Limit @ +20 and Stop @ -30
Please tell us what is best currency use this with it and what time frame
klakatmm 6 months ago
@klakatmm Time zone doesn't matter. Its a price based setup. Best IMO is GBP/USD
BKTraderFx 6 months ago
I use these systems for years now and it works 80% of the time. If used at least 1 hour before or after imprortant news, the success rate is around 90%. The 10% losses is the problem mostly because I always first think, it will be back... And the I enlarge the SL. That's why I now only use my own wave-based EA that covers all markets :)
nybergchris 6 months ago
Really great approach to the "big numbers" (00, 50). Very interesting and will test this into my existing trading method. thanks for great video, and explaination.
GillyFX 6 months ago
Really interesting video, especially the NFP trades. I find it particularly difficult to know whether to trade with/against the flow. I often enter late, partly because I want to wait for price to confirm that action and because my broker (oanda) have ridiculous spreads during news releases. Only to find the flow turns against me and I get stopped! Especially with the lack of conviction on todays news.
I guess being able to make these calls is what separates the pros from people like me!
zF15z 6 months ago