This is how I trade the markets.
General gist
1. Determine Strongest vs Weakest currency pair
2. Trade in direction of strongest currency
3. Look for entries on 5m chart when it starts trending
4. Trade in direction of the 5 min trend, until the 5 min trend ends
5. Contrarian sentiment is an added odds enhancer, but isn't necessary
Rinse & Repeat on new Strong vs Weak currency pair.
Tool set for entering trades: Raghee Horner's GRaB Candles & 34 ema Wave.
References:
Dennis' Strong Weak Analysis - https://forums.babypips.com/t/tradin...analysis/77959
Raghee Horner's GRaB Candles & 34-ema Wave (Just google - info everywhere on the internet about this setup)
*I will not be sharing profits/account details etc. Simply my chart setups and trades taken*
More info to be added later.
General gist
1. Determine Strongest vs Weakest currency pair
2. Trade in direction of strongest currency
3. Look for entries on 5m chart when it starts trending
4. Trade in direction of the 5 min trend, until the 5 min trend ends
5. Contrarian sentiment is an added odds enhancer, but isn't necessary
Rinse & Repeat on new Strong vs Weak currency pair.
Tool set for entering trades: Raghee Horner's GRaB Candles & 34 ema Wave.
References:
Dennis' Strong Weak Analysis - https://forums.babypips.com/t/tradin...analysis/77959
Raghee Horner's GRaB Candles & 34-ema Wave (Just google - info everywhere on the internet about this setup)
*I will not be sharing profits/account details etc. Simply my chart setups and trades taken*
More info to be added later.