The Importance Of Yesterday's High Low And Close To Your Forex Day Trading

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Stacey Burke Trading

Stacey Burke Trading

Күн бұрын

#DailyPipTalk #LondonBreakoutTrading #ForexTradingTips The Importance Of Yesterday's High Low And Close To Your Forex Day Trading
Yesterday's High, Low and Close can be of great importance to today's forex trading preparation in identify if the market is trending or has consolidated. This allows you to make better decisions about possible scenarios for the London forex trading session. Identifying levels for possible stop hunts or trade setups.
Free isessions indicator: can be downloaded here. www.mql5.com/e...
Here is the "sweetspots" indicator forex-indicator...
Here is the Weekly Separator Showing Monday's... liveforexsigna...
A moving weekly high low indicator for the current week can be downloaded with the Admiral markets indicator download package ( I have no
affiliation with Admiral markets...admiralmarkets...
Yesterday's high and low...www.mql5.com/e...
I hope you enjoyed today's Daily Pip Talk!
Are you struggling to be consistent with your trading? Get my FREE audio mp3 download "The 7 Step Daily Routine For High Performance Traders" at www.staceyburke...
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The Edgewonk trading journal can help turn struggling traders into trading professional traders. Grab your free trial here... bit.ly/2elrMHh
For more on trading check out:
The PlayBook: An Inside Look at How to Think Like a Professional Trader...Mike Bellafiore...amzn.to/2w1GpGp
One Good Trade: Inside the Highly Competitive World of Proprietary Trading...tinyurl.com/vl...
Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading... Peter Brandt ...amzn.to/2otOMGG

Пікірлер: 47
@tenxpat4568
@tenxpat4568 2 жыл бұрын
That 25 to 50 can be a 90% chance of a ten pip trade with a large pip value. I think traders are losing trying to get alot of pips. If traders build the account with small moves and larger pip values. They won't be in the market waiting on 50 pips. But great work man, learning alot form all the channels like yours. Thanks You
@emrahnmia3893
@emrahnmia3893 8 ай бұрын
Very true I sometimes take 3 trades a day of 15 pips each & it's a big win day
@dkoebe14
@dkoebe14 4 жыл бұрын
this guy is a mad genius
@processpatience3206
@processpatience3206 4 жыл бұрын
I can hear alot of Al Brooks price action trading concepts thus far, I'm a a student of his. I'm really digging this video, I trade the European session personally 5min chart. Most of what I do is from his Brooks - Trading the Open series. Hearing similar concepts from you is putting the pieces together nicely, thank you brother.
@abdihassan7856
@abdihassan7856 4 жыл бұрын
What can i say is only you the best teacher of forex
@codeyslack882
@codeyslack882 2 жыл бұрын
I also only utilize the maket maker buy program or sell program above and below extremes... I will wait for a stop hunt than a displacement through a short-term high and a pullback into the inefficiency for a continuation toward buystops vice versa for sellstops
@Chi_som_m
@Chi_som_m Ай бұрын
Thank you
@juancarlosguzman2827
@juancarlosguzman2827 4 ай бұрын
Wow very great information thank you for sharing. Can I use this analysis the same way for the equity market? Thanks once again
@hekuranmena6894
@hekuranmena6894 4 жыл бұрын
Thank you Stacey gold content as always. If you could make a video about entries, entry triggers TP and SL would be great
@SteveTitanFX
@SteveTitanFX 4 жыл бұрын
GREAT GREAT feedback - it's all about the highs/lows within the market cycle pattern.
@loftworxx777
@loftworxx777 Жыл бұрын
Keep in MIND: 12:10 , 19:42
@chezr9831
@chezr9831 4 жыл бұрын
Life Changing Stacey! 🙏🤩🙏
@travellergateway1020
@travellergateway1020 3 ай бұрын
ALWAYS GOOD KNOWLEGE !!!! KEEP GOING!!!!!
@thesubconsciousmind
@thesubconsciousmind 4 жыл бұрын
Why you don't sell your course, this question always comes to my mind..... This is really very valuable contents you giving us for free.
@BTMMHACK
@BTMMHACK 4 жыл бұрын
Maybe he needs to release his mind and also it may help him further confirm his own skills. Maybe he gets satisfaction for helping😁🔥
@thesubconsciousmind
@thesubconsciousmind 4 жыл бұрын
Hmm Yeah, agree with you....
@jordicp1613
@jordicp1613 4 жыл бұрын
Maybe he doesn't have to because he actually makes money with trading... Not like most forex demo gurus do :D.
@creodunny
@creodunny 9 ай бұрын
3 years later he does have a course and its fire lol
@codeyslack882
@codeyslack882 2 жыл бұрын
I get out once I make 15-25 pips in London or New York 20- 25 pips maximum....
@edstevens4439
@edstevens4439 4 жыл бұрын
Have read that Asia reverses 80% of the time.....have not observed this to be so......what is your take on that ? Thanks Sir....lot of good stuff from you....
@agendiagodwin3584
@agendiagodwin3584 Жыл бұрын
Please Stacy could you please make a video on previous day high and low and how to trade it please Stacy I really love thi strategy ✨
@Adam-zd2bk
@Adam-zd2bk Жыл бұрын
One of the SB classics
@lukeneedham98
@lukeneedham98 4 жыл бұрын
Stacey this content in fantastic, i was backtesting high/low strategy on eurusd this morning and wasnt thinking at all like this, this will help me gauge direction much better. Do you look at daily/4h timeframe first on a pair also as a confluence for your directional bias?
@Tshiamo_Setshedi
@Tshiamo_Setshedi 4 жыл бұрын
Thank You Stacey
@StaceyBurkeTrading
@StaceyBurkeTrading 4 жыл бұрын
Thanks Tshiamo! I hope it's helping!
@mgbonuzuroland394
@mgbonuzuroland394 2 жыл бұрын
This is really nice. Thanks for sharing
@BTMMHACK
@BTMMHACK 4 жыл бұрын
4:40 Just like gold has been doing. You see that pattern they left us with. I hope for bullish
@mehjuchol6270
@mehjuchol6270 4 жыл бұрын
Very insightful,worth listening ,thanks
@StaceyBurkeTrading
@StaceyBurkeTrading 4 жыл бұрын
Glad you ejoyed it Mehju! Thanks for your feedback!
@room616oc
@room616oc 2 жыл бұрын
How relevant is the previous day OHLC Open High Low Close into todays trading? What’s the point of know yesterdays info? The market always does what it does anyway.
@azceo
@azceo 4 жыл бұрын
another awesome vid! when looking @ the market close do we look at the 15m candle before the chart separator? and mark that as our closing price?
@StaceyBurkeTrading
@StaceyBurkeTrading 4 жыл бұрын
I focus more on "how" and where it closes (in relation to numbers) as opposed to the closing price itself.
@fx1009
@fx1009 4 жыл бұрын
please clarify - is 15 minutes trading worth the effort or end of trading good, also if we use 4hr chart how to assess the sessions
@StaceyBurkeTrading
@StaceyBurkeTrading 4 жыл бұрын
I'm not sure what you mean KK?
@ololosokwani1140
@ololosokwani1140 2 жыл бұрын
🔥🔥🔥🔥🔥
@Cristian-ot7ht
@Cristian-ot7ht 4 жыл бұрын
Great stuff 🙏🏻 do you have a podcast ?
@BTMMHACK
@BTMMHACK 4 жыл бұрын
6:50 so even institutions get messed over at thoes common level😂🙂
@kamallalchandani8274
@kamallalchandani8274 Жыл бұрын
Hi
@whitneymorris2544
@whitneymorris2544 3 жыл бұрын
What an absolute game of chess this is.
@StaceyBurkeTrading
@StaceyBurkeTrading 3 жыл бұрын
Completely Whitney! :D
@vanish4all
@vanish4all 4 жыл бұрын
Are you ICT student or Wyckoff?
@StaceyBurkeTrading
@StaceyBurkeTrading 4 жыл бұрын
Neither but have learned from both.
@vanish4all
@vanish4all 4 жыл бұрын
@@StaceyBurkeTrading great content brothwr
@rajeevshrivastava4488
@rajeevshrivastava4488 2 жыл бұрын
video starts at 3.0
@PAYDAYHEDGE
@PAYDAYHEDGE 3 жыл бұрын
Are you a serial killer?
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