FOREX Trading Round Numbers STOP HUNTS And ENTRIES
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- Опубліковано 5 лис 2024
- #DailyPipTalk #LondonBreakoutTrading #ForexTradingTips #StopHunting
FOREX Trading Round Numbers STOP HUNTS And ENTRIES
The smart money trades off of round numbers. They trap traders on the wrong side of the market and they run their stops. These forex stop hunting zones are usually just above or belowthe highs and lows of the day. There are some ways to see where the banks and other institutions are placing their forex trades.
Free isessions indicator: can be downloaded here. www.mql5.com/e...
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A moving weekly high low indicator for the current week can be downloaded with the Admiral markets indicator download package ( I have no
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Yesterday's high and low...www.mql5.com/e...
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I use round numbers as support and resistance zones..
Hi Stacey, thank you so much for your effort in sharing these valuable concepts. I really appreciate it so much. I started live trading 4 months ago and I've been watching your videos for a week now. I already had a strategy in place, but because of your videos I was able to refine it and I'm continuously learning everyday! I hope you stay healthy and continue to help more struggling traders like me.
This is what I want to do. Now I have the information to study and apply.
Hi Sir, May I know what are the blue boxes on your chart? And how do you define them? Thank you:)
Absolute diamond, this video.
Another Golden video Thank you again Im currently here on the charts identifying exactly what you're talking about in this video Wow.
Stacey, 0805 est and I am watching this exact scenario play out on EURUSD, we already have 3 hits to 1.1200 with a push back under each time. Interesting to see how this plays out/ Thanks brother, loving these lessons.
Another great video, the hits keep coming! Love it brother, please keep it up.
Thank you， Stacey. I am really appreciated what you have been done for us. I still have some confusion on "00", "25", "75". Could you please give me (us) an example in GBPUSD pairs to show what exact meaning for "00" or "25" for exact number such as "1.29000 " or "1.29100" etc.Thank you in advance.
1.2900, 1.2925, 1.2950, 1.2975, 1.3000
@@bensonmuriithi1781 Got it. Thank you very much.
Hi sir i love your videos! May i ask sir, what timeframe the best we plot our round numbers is it in the 1h or in 15m in trading market maker's method? Thank you sir.
The numbers are the same on any time frame Kram. I use the 15 min charts and 1 minute charts when they hit the high or low of the day. Thank you!
thank you thank you thank you!
You are so welcome Data! Thanks for the feedback!
Hi Stacy! How do you identify these round numbers on all currency pairs, could be also act as support and resistant for intraday and swing traders?
Hi
Yes the round numbers kinda act as support and resistance and can be identified on the right of your chart as the price levels..as an example...... 1.25000 or 1.25500. Forget the last zero...then you'll have 00 & 50
They are the fifty's and double zero's that he talks about.
Do you manually mark your charts with the mid range horizontal lines?
Qn: what is the name of the tool to show the 00,50,25 lines on the charts? Thank you
quality content mate
Cheers mate! I hope it's helping your trading.
I would love if you could make a video about strength and weakness, depth and extension of a trend, when a trend may likely end or continue especially from the H4 and above TF, thanks
On one of his videos he says that when a trend is about to end, it starts to get steeper and produces larger candles. Forget about H4 or higher charts on this channel..you have to look elsewhere to learn about that but they say its the same patterns on all timeframes anyway.
hello stacey,
I have a question! Do you wait to enter your trades after every 15 min interval or do you also place them in between! sry if u have already answered this!
Thank you so much for your time and efforts!
Have a great day!
I wait for the close of the 15 minute candle.
Does this works for futures /ES?
Yes, your major levels will depend on the timeframe you're trading.
Fantastic information stacey, thanks
do you have a course ?
I'm telling you everything right here on youtube! :D
@@StaceyBurkeTrading which video can i start from ?
@@StaceyBurkeTrading 🤣🤣🤣😂