DAY TRADING THE OPEN - ENTRIES AND TIMINGS

DAY TRADING THE OPEN - ENTRIES AND TIMINGS
#gold #xauusd #daytrading #forex #forextrading #forextips #forexstrategy #simpleforextrading
My simple forex trading strategy is all about making 50 pips a day.
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Trading Commodity Futures with Classical Chart Patterns - Peter Brandt -tiny.cc/4boblz
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One Good Trade: Inside the Highly Competitive World of Proprietary Trading...tinyurl.com/vl...
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[@rahmat786atk]

I'm feeling sorry for myself.. because i couldn't find u one year ago.. i waisted my time with another mentor of smart money. He was also great but he never told the clear words.. he saved the words to find paid students.. thats why i could learn as much in the last one year, as i learnt from watching your only 4 or 5 videos.. Thanks dear sir

[@eternalfocus1848]

Thanks for the week mate, I feel like you're over my shoulder every one of my trading sessions, asking "What time is it?" "Are you at the Daily/Session H/L?" "Is there an M or W" "Where is your pin/engulf" "Are you at numbers?" I say " It's $ o'clock, I'm at the session H there's a pin to 75 on the 2nd leg of an M an engulf closed below 50 and we're currently on a pullback at the 50" You yell "ENTER" I do and we make pips... have a great wknd

[@Sigmabuzz08]

When you say you wait for a pin do you mean you wait for high to get broken then pull back and close under that high for a reversal trade?

[@eternalfocus1848]

@@Sigmabuzz08 No not necessarily, that was just an example (in my opinion) of a perfect setup. Stacey has made a few videos about M&W patterns. He explains that there are 3 types. If can you find them I'd recommend watching them. Also do some back testing look at H/L on 15m then go to 1m find the M/W. Look how it formed then look to see if it pulled back to scare you out of the trade or stop you out with break even or small profit. These pullbacks can be great 2nd entries if your confident in your biases.

[@davdev89]

If you're at a HOD/LOD/HOW/LOW and is in the time window and you get a pinhammer/engulfin or M or W, but you're NOT at numbers, would you enter? I think Stacey mentioned in one of his videos that the only way he would enter not around numbers if we are at these areas. Can you confirm that for me please mate?

[@eternalfocus1848]

@@davdev89 Me personally as a part of my rules it has to be at numbers 00 25 50 75, as it happens a lot. Sometimes the 2nd leg of M or W will fall short of hitting numbers so you might be entering a buy at 57 not 50, you just have to be wary that it could stophunt/pullback to 50 a little later so if it's broken the middle leg and you've moved SL to break even you can be stopped out then it frigging takes off. It's a tricky question to answer. Depends if you're an aggressive trader or conservative?

[@davdev89]

@@eternalfocus1848 Sorry for bothering you again, would you not be up for a call, doing some backtesting toghether? I just like to double check if I do everything correctly, and possibly would like to see your perspective on some things. :)

[@I_Am_TheUniverse]

12:27 to 13:20

[@nabutolawanjala7539]

What do you mean?

[@loftworxx777]

Keep in MIND: 3:00, 8:26, 10:22, 11:17, 13:08, 17:48, 20:00,

[@remember1536]

Hi Stacey I've had great results thank you.. I be decided to mark the round numbers and 25/75 wow I could actually see what you have been saying all along, I doubled my acc today

[@StaceyBurkeTrading]

Thanks for sharing! Sthembiso! That's great to hear!

[@cole71]

Feels so amazing removing all the indicators I use to use. Still have ATR on there but use to have like 15 on a chart at one point. Wasted so much money on those damn things. God please protect this man!!!

[@Nadimimani]

What a great video! I miss your old whiteboard, SB! 😁

[@stevehavas8943]

Stacey, this was a very valuable and informative video. Thank you. Encourage everyone to watch this several times and really listen...

[@bestmetz]

Thanks a million Stacey. Your insights honesty and transparency has really changed how I view trading

[@chanukadayananda2075]

Hey SB! I’ve improved so much with this knowledge and I’m immensely grateful for you 🙏 I’ve also started teaching others about this and always tell them to come and watch your vids and follow you. I consider you as my mentor 💯I first condition them with the basics like the quarter moves and cleaning up the charts with useful indicators. Then I ask them why they think the market moves like that? The rest becomes so easy cuz they start asking the right questions after 🤘🤘🤘 and when I think they are ready...I introduce your videos for deeper learning 🔥🔥🙏🙏 thank you for all you efforts 🤘🤘🙏🙏

[@Karma-ot9jd]

omg have seen more than 1000 videos, but your trading is to the next level. i had back tested and then traded in the live market and your teachings just nailed it. from the bottom of my heart lov you bro and god bless you always. 🙏

[@josephharley9448]

Easily the best video, and ive seen nearly them all.

[@hyperbolictimetrader9126]

thank you Stacey Burke

Hey Stacey, is it possible to do a video breaking down the 15 min cycle even more. I understand but at the same time I do not 😩😩 Thank you again for your time and service on teaching this skill.

[@moali3081]

Am still trading on demo, but am getting better at understanding how the market really work. Your teaching and understanding of the market is the best. Best teacher around . Thank you for your work and your help 🙏

[@videos-online8752]

I wish I found this channel when I started my trading journey ..

You have the best educational videos. I truly appreciate your time

[@StaceyBurkeTrading]

I appreciate that Nae! Thank you

[@mikebabz]

Absolute value

[@kristianhelgesen4455]

This was great! Thanks for sharing, will subscribe😃👍

[@StaceyBurkeTrading]

Awesome, thank you! I appreciate the feedback Kristian!

[@twinyboyhardikharshit4729]

❤❤❤

[@sanjeevikrishnamurthi7194]

When you say the new hour starts.. what hour should I consider .. equity market opens at 09 30 .. so if you mean new hour should I consider 10 or 10: 30

[@Keon.g]

Hey so your saying to not get fakeout we should wait on the second bar on 15m to close on the breakout to get our entry

[@superdatawolf4652]

Great video, and thank you!!

[@StaceyBurkeTrading]

Thank you too Data! Cheers!

[@DrGeek-ud3mr]

Most consistent week because of you !!

[@StaceyBurkeTrading]

Great to hear Dr.! Awesome keep it going!

[@sandraclue-paharsingh7206]

Extremely ❤valuable 😊

[@StaceyBurkeTrading]

I appreciate that Sandra! Thank you

[@quickerticker7901]

Does this work on Dow & S&P Futures too?

[@maina254]

hi, thanks for the free valuable education, how do i add that clock at the right hand corner....

[@ericschultz421]

Hi Stacey. Thanks for the value! What tool are you using for your measured moves? I'm always amazed at how accurate those measurements seem!

[@kingaham5646]

It is the FiB tool set to 100% expansions.

[@chanukadayananda2075]

Fib retracement edited for 100% extensions. Just put the values in 100% increments instead of the default values

[@t4tariah]

Gold fell out of the sky last yesterday. How do I enter without the trade hitting my stop?

[@t4tariah]

Wow. I'm just beginning to figure out what you're saying. I actually got stopped out at the open of the new york session.

[@Evo-bro]

Hi boss, Did you use pivot point or similar indicator to mark your boxes and areas or just your time and hand?

[@StaceyBurkeTrading]

Sweetspots indicator for the numbers, isessions for the session timings and clock and highs and lows Kyle. Indicator downloads are in the box description box below.

[@Evo-bro]

@@StaceyBurkeTrading got then all on. I only trade gold. Sweet spot marks 0 25 50 75. My session boxes look different. My boxes are bigger and the uk and usa session overlap. What have you set yours to?

[@noosilux]

Hi Stacey, i came across your channel 2 weeks ago, gone through 'START HERE' videos and others, and have learned a lot already, THANK YOU. By the way, do we have Sweetspot indicator for MT5?, i searched the net but can't find any.