Results so far look promising. I think that's enough backtesting. Worth moving to forward testing this week to see how it holds up.

Next Day Currency Index

Backtest: Monday, May 4. CHF projected to weaken against AUD, CAD, and GBP.

Next Day Currency Index

Backtest: Tuesday, May 5. AUD projected to strengthen against CHF, JPY, and USD.

Next Day Currency Index

Backtest: Wednesday, May 6. JPY projected to strengthen against CHF, EUR, and USD.

Next Day Currency Index

Backtest: Thursday, May 7. USD projected to strengthen against EUR, JPY, and NZD.

Next Day Currency Index

Backtest: Friday, May 8. USD projected to weaken against GBP, EUR, and JPY.

Next Day Currency Index

CAD projected to strengthen against CHF, GBP, and USD.

Next Day Currency Index

Disclaimer: This is not financial advice. All content I post in this thread is my personal analysis and trading plan, shared for educational and discussion purposes only. Forex trading carries substantial risk of loss and is not suitable for all ...

Next Day Currency Index

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Trading Into Yesterday's Fair Value Gap

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Trading Into Yesterday's Fair Value Gap

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Trading Into Yesterday's Fair Value Gap

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Trading Into Yesterday's Fair Value Gap

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Trading Into Yesterday's Fair Value Gap

I would stick to learning Forex instead. Gold or Bitcoin can be tricky pairs to trade.

Why do so many XAU/USD EAs fail long term?

Maybe Fridays are especially good for this FVG hunting method, and there's actually some logic to it. A lot of traders close out positions before the weekend to avoid holding risk over the gap, which tends to cause sharper, more impulsive moves. ...

Trading Into Yesterday's Fair Value Gap

Today's pairs so far. It's tempting to try this on a prop firm, but I'm not sure if they have rules about placing multiple trades that could be considered gambling.

Trading Into Yesterday's Fair Value Gap

And sometimes price just heads straight for the FVG. It's hard to know which way it'll go, but the important thing is I don't expect any erratic behavior. Even when there are pullbacks, like yesterday, I still expect price to go towards the FVG ...

Trading Into Yesterday's Fair Value Gap

Based on yesterday's findings, I don't expect a major pullback since the previous low is already so close. I definitely don't expect any erratic moves on these pairs, but there can be pullbacks, as was the case with yesterday's examples.

Trading Into Yesterday's Fair Value Gap

Yeah, lots of threads going on. I'll try to just post here.

Trading Into Yesterday's Fair Value Gap