Nick is one of the kindest people in the industry, he's just giving away the information absolutely for free which other guys charge a lot of this. So much value and logics. Appreciate it Nick :)
This really works and add on the following:- when you get to 1R win (half way) move your SL to 0.5R risk. When you get to 1.5R move to 0R SL. Reduces the losses and improves overall profitability.
Nick just want to say thanks, I looked at this video and was able to build my account from $ 200 to $ 834 in 6 months. An am hoping to join your VIP Community soon.
A good filter comes using an Ema 50 or 60 (h1 tf) to at least trying to avoid the counter trend ,and entering only in 2 scenarios :1) agressive - when the h1candle closes out and waiting for price to test back the range and consolidate ( requires bit of PA skill bt).so on ascending EMA one would wait for a bullish b/o only. In case of bearish b/o and ascending EMA ,there will be plenty of time to enter on the retest once the EMA curved down later during the day, the opposite for the descending EMA, Used it for very long time. You see none is so hard to pull through once you pay proper attention and put your mind to it
I learnt from one of the best brokers and he makes me the best profit margins his teachings a come in handy I see myself growing into the trader I have always wanted to be.
Hello there about a month ago I saw this comment here and decided to give this a try and invested $ 5000 for a start and 2weeks later he made us $36,480 in total profit. Thank you once again for this I wouldn't have found out about his services without you thank you Keith.
Excellent. Probably the most thorough-- and quite frankly-- sane strategy for the London session I have ever seen. I laugh at myself because, although I have been using Tradingview for several years I never knew about that session indicator until now. I usually separate the sessions with vertical lines. Pretty silly. I learn something new every day, Thanks much, and all the best on the charts.
I'm an investor I will advice you all not to be convinced by the wrong brokers my best recommendation for you to get in contact with the only honest woman that helped me with a good strategy and I just made my first withdrawal and I'm so happy and grateful Which I'll highly recommend you all to contact with her politely on whatsapp+(18188502226)she is the number one Professor I know she is reliable and also trustworthy she helped me for free and I'm enjoying my investment and steady earnings........
This is one of the clearest explanations of the London breakout strategy that I have seen, even if it was recorded 3 years ago (from 'now'). Thanks Nick.
I’ve been trading for over ten years now and I believe the best way to use the London breakout strategy is by getting a good broker who can help you explain and manage the new and growing account.
Trading have been really difficult for me, I’ve been trading for long now and still no better income, so I start watching few videos online searching for methods to maximise my income.
The only broker or account manager I know of and well assured that he will help anyone in the trading system, is @Traviskelvin on telegram. He’s actually the pro-trader I’ve met and he’s among the most top traders in the market.
Thank you Nick. I have been using your LBS for four weeks now, the results have beyond any expectations I had. After 3 years I am at last making real profit
Great content! I'm going to try this strategy on GBP/CHF with some rules. 1. I can only go short 2. Can only trade if the off hour range is half the pips from the session open trading hours. This is to help keep me out of trades most of the time unless it's a really good opportunity 3. Use trailing stop instead to reduce risk and potentially take more profits
Trent Roberts i love it Trent! Each person has their own unique approach that works best for them. Thanks for sharing your idea! As long as you’ve backtested and outlined your trading plan, I’d say go for it!
@@TraderNick Thanks for the advice. After backtesting I think the trailing stop is too sensitive to handle any sort of volatility since we're on such a short timeframe. It's too bad I can't configure it to switch from a hard stop to a trailing stop after price reaches a certain amount. For example, after we hit the 2:1 profit goal, the hard stop changes to a trailing stop.
Trent Roberts that’s an interesting way of trading it, I haven’t thought of that. Might be pretty effective at catching a bigger portion of some of the big moves we often see.
Great video btw Nick, just like to say how i like to enhance profits is to open 3 positions one Tp at 1:1 , one at 2:1 and one using a trailing stop using an atr trailing stop on settings 14 and 1.5
Hey Callum, I hope you and your family are doing well in this difficult time. I would just like to ask you if this strategy is still working for you. I have been backtesting it since Nov '19 to May 22nd '20 with good results using different variations. So far the best results have come using 50 TP/30 SL or 50 TP/30 SL and a 10 pip trailing Stop after 30 pips.
Thank you so much, Nick. this is amazing. Works so well. Wow.. I have never used the sessions indicator before. I am going to watch all your videos. Great content.
Awesome..........just finding that time chart was a big help. I always wondered about the time at the bottom of Trading view if it was our time or their time.....Now I know..
Too high a risk in midrange ?. Follow the strategy of 10 pips above and below 8am he candle H and L. Cancel the buy or sell stop when break up or down. Do all 6 pairs then set SL and trail at 5 pips. Target only 50 pips Risk Not more than 30 pips. Even at 1:1 six trades is a nice little income for the day and govaway
Always watch for a rebound after 1-2 hour after the market opens that could whiplash you out too quickly. I use the 12,24,50,100 ema’s. Coupled with the rsi and hull MA. I only take trades that breakout from the 50,100ema, that keeps me out of most of the whiplash, and gives bettr confirmation of a trend that you can capatalize on. My targets are 30-40 pips, then sell half and set trailing stop on rest. Works for me. $200 - plus days trading 1 lot only.
Thanks for watching guys! Please watch out for scammers/impersonator profiles in the comments. Have a trading related question? Send it here! form.jotform.com/212698422356057
is there away to calculate the potential profit of a trade ? I know he took profit at 47 pips , but say I put a 1000 dollars on this trade with a leverage of 1:5 and it moved 47 pips that equals how many dollars profit ? im looking for the method of calculating not the answer
I'm an investor I will advice you all not to be convinced by the wrong brokers my best recommendation for you to get in contact with the only honest woman that helped me with a good strategy and I just made my first withdrawal and I'm so happy and grateful Which I'll highly recommend you all to contact with her politely on whatsapp+(18188502226)she is the number one Professor I know she is reliable and also trustworthy she helped me for free and I'm enjoying my investment and steady earnings....
Hi Nick, Nice video could you tell me what is the start and finish time of the break out box. do you wait for the first hour of london opening to complete ie 9am before placing the trade.
thanks, this is still working, i use the consolidation from the begining of tokio instead of the end of NY (as u do), and on H1 i draw the rank, but i dont consider the wicks, so at the preview of London (2am for both of us), if u see M15, it makes a false breakout out of the rank , where i enter on a trade, on the oposite direction of the false breakout, then i wait if with the same speed that the price went out from the rank, it comes back inside, then i keep the trade,if not, then i close it with few gain or loss,and most of the time, there u have a perfect entrance, from the wick (h1) before London Begins.
hello sir!. .i am newbie in the forex market and i am learning a lot on your channel. . I just want to ask of how can I get the session chart indicator for mt4 platform?. . thanks for sharing your knowledge. .
Hey Nick. Your content are very helpful and handy. Thank you for sharing your knowledge and time on making these videos. As a trader I learned something valuable today for my journey. I wish you all the best and may God bless you on your journey. #PracticeMakesProgress
I'm an investor I will advice you all not to be convinced by the wrong brokers my best recommendation for you to get in contact with the only honest woman that helped me with a good strategy and I just made my first withdrawal and I'm so happy and grateful Which I'll highly recommend you all to contact with her politely on whatsapp+(18188502226)she is the number one Professor I know she is reliable and also trustworthy she helped me for free and I'm enjoying my investment and steady earnings.....
Thank you for everyone who put their video i love all the video i see and i think i can do this. With a small account i know is hard to do it but with your videos i can do it. Thank you
Hi nick @tradernick I put more than 6 hours of my time over 3 days and manually back tested this strategy from 01/03/2018 to 08/08/2018 , 114 trades only 32 wins !!! I think this strategy on its own doesn’t have edge over the market.
You need to refocus on market structure. This strategy is one of many strategies that works. Every strategy isn't good for every trader though depending on how they see things on the chart
@@dsj19 as far as I understand it’s a rule base strategy not a discretionary, if we consider the other factor I agree it can make a huge difference, I personally trade kind of London open strategy base on 8am Uk time 1hr candle if it’s green I go long if it’s red I short it if you trade it as I said you loosing but over last 4 years I learned if you try to win couple of pips more or lose couple of pips less every day you come out positive !!!!
@@alihamrah Yea just advice. Being able to see higher highs and higher lows would drastically make this better, he didn't mention cus he doesn't use it I guess but it goes hand and hand. If you you see a HH and HL or vice versa you can see the structure that acted as S/R. There are structures that only visible on certain time frames. Switch to 5 minute time frame Just to see structure breaks, GBP USD doesn't have alotta structure breaks on the 15 min time frame and above they come less often. (not good if you're trying to get in and out in the same day )
Hi hallo, I'm new once your channel and I like the way of trading. I also liked the trend trading you explained in a previous video. I'm from South Africa
Thanks Nik.. I was just wondered about that great sessions indicator, as I am doing it manually.. Thanks nik for the amazing info. Thanks man thanks a lot 😁
Aside from institutions needed to exchange/convert currencies, whenever an Asset Manager has/wants to sell/buy any Stock, in the case of Equity Portfolio Managers for example, in a non fund denominated currency there is a mechanical and obligatory FX transaction occurring: In other words, if a large Pension funds has a large global equity portfolio to manage, with a USD base currency, they will need to do a FX transaction if they buy any non USD Equities. This also can have a big impact depending on size, and create FX market moves, in a completely non-obvious apparent way when looking at the FX market directly. This is why it may be useful to pay attention at Portfolio re-balancing periods, typically end of Quarters, years, and months (in a lesser way).
Thanks for the BOMB ass tutorial!!!! I've paid money and got nowhere. Here you go giving away the GOODS FOR FREE. THANK YOU SO MUCH!!!! I'M FOREVER A FAN..
hi Nick tks for the video. will this also work trading the US break out session? In other words take the high and low of the London session and trade the break out during the US session. Appreciate your feedback
unless you are trading this live , this is useless. you need to film yourself trading it live every day for a month and post it, so we can see your results
Nice video Nick but there is enough research out there that shows this strategy, which is pretty easy to automate and test has no edge. So how do you really trade for consistent profits?
Guy Redares trading success is not entirely a science in my opinion. There’s a reason why system trading or entirely technical strategies rarely work. There is an art to it in my opinion, and each individual has their own “best approach” to make money in the markets. A simple “buy here” and “stop loss here” would be nice, but it’s more complex than that. Adding your own spin and finding your own style is what has worked for me. Best of luck Guy!
@traderNick So, we would get have to start the process at 3am est time, and place our support and resistance lines then wait for the price to break out and close above or below the zone, and then take the trade? Is that correct? And this is done on the 15 min chart? Just wanted verify that I understand this concept.
Question please, why do you prefer 15min chart. I like the 15min chart but I have been using the 1hr for entry and break outs. Will I get more accurate entries in the 15min? I am not doing bad but I would like more accuracy to feel more confident.
Yes, if you are about to buy/sell a breakout. Make sure the other side of it doesn't have equal highs/lows. For example, if you are about to buy a triangle breakout to the upside, make sure the bottom part of triangle doesn't have equal lows. This technique is useful because the equal lows act as obvious resistance and traders will place their stop losses there. Making them susceptible to market makers. The equal lows/highs will help keep you out of bad trades.
So glad to hear that Hector. Make sure you watch until the end, because I mention some ways to possibly filter out some of the false breaks! Have a great day :)
I'm an investor I will advice you all not to be convinced by the wrong brokers my best recommendation for you to get in contact with the only honest woman that helped me with a good strategy and I just made my first withdrawal and I'm so happy and grateful Which I'll highly recommend you all to contact with her politely on whatsapp+(18188502226)she is the number one Professor I know she is reliable and also trustworthy she helped me for free and I'm enjoying my investment and steady earnings.....
Nick is one of the kindest people in the industry, he's just giving away the information absolutely for free which other guys charge a lot of this. So much value and logics. Appreciate it Nick :)
yeah he's got a kind face alright. but please stop reminding him what he's doing or he might just start making us pay...dummy..!!
Finally someone that explains everything clearly!!! Thank you!!
Glad you liked it!!
This really works and add on the following:- when you get to 1R win (half way) move your SL to 0.5R risk. When you get to 1.5R move to 0R SL. Reduces the losses and improves overall profitability.
maintain a 1.5R trailing stop loss.
I work 3rd shift on Central Time. When the London opens, I'm usually on my lunch break. This is Perfect !!!
This is the strategy I developed for gbp usd! But this refined it a bit more. So glad I found this video. Thanks for all you do!! I love your channel
I had a quick backtest of this and wow on the GBPUSD works quite effectively. I’ll definitely work on it more. Thanks for sharing Nick 👌
Fredy Infinite light great sharing
@@kangokidkidd4037 Backtest it for 3 years, or 1000 trades and then go for it, if you still find it useful. I doubt it.
@@kangokidkidd4037 How many risk-return ratio do you use to exit or using trail-stop?
@@kangokidkidd4037 thanks,why 40 bucks?
@@kangokidkidd4037 sharp
Nick just want to say thanks, I looked at this video and was able to build my account from $ 200 to $ 834 in 6 months. An am hoping to join your VIP Community soon.
Wesley Brooks can you please give us the date you started trade this strategy and which pair ? Thanks
really? I only get like 20% a mont on gbpjpy backtest
Good video, but let's not get carried away
A good filter comes using an Ema 50 or 60 (h1 tf) to at least trying to avoid the counter trend ,and entering only in 2 scenarios :1) agressive - when the h1candle closes out and waiting for price to test back the range and consolidate ( requires bit of PA skill bt).so on ascending EMA one would wait for a bullish b/o only. In case of bearish b/o and ascending EMA ,there will be plenty of time to enter on the retest once the EMA curved down later during the day, the opposite for the descending EMA, Used it for very long time. You see none is so hard to pull through once you pay proper attention and put your mind to it
I learnt from one of the best brokers and he makes me the best profit margins his teachings a come in handy I see myself growing into the trader I have always wanted to be.
Nathanellvl @ g ma il C 0 M get to him for any form of assistance
Hello there about a month ago I saw this comment here and decided to give this a try and invested $ 5000 for a start and 2weeks later he made us $36,480 in total profit. Thank you once again for this I wouldn't have found out about his services without you thank you Keith.
Your videos are always so clear and simple to understand. Also, you are not an annoying idiot which helps! Good stuff, Nick 👍
Excellent. Probably the most thorough-- and quite frankly-- sane strategy for the London session I have ever seen. I laugh at myself because, although I have been using Tradingview for several years I never knew about that session indicator until now. I usually separate the sessions with vertical lines. Pretty silly. I learn something new every day, Thanks much, and all the best on the charts.
I'm an investor I will advice you all not to be convinced by the wrong brokers my best recommendation for you to get in contact with the only honest woman that helped me with a good strategy and I just made my first withdrawal and I'm so happy and grateful Which I'll highly recommend you all to contact with her politely on whatsapp+(18188502226)she is the number one Professor I know she is reliable and also trustworthy she helped me for free and I'm enjoying my investment and steady earnings........
This is one of the clearest explanations of the London breakout strategy that I have seen, even if it was recorded 3 years ago (from 'now'). Thanks Nick.
This strategy does not give a good win rate anymore.
I’ve been trading for over ten years now and I believe the best way to use the London breakout strategy is by getting a good broker who can help you explain and manage the new and growing account.
How do I get to use this strategy?
How will I know if I’m trading with a good strategy?
Trading have been really difficult for me, I’ve been trading for long now and still no better income, so I start watching few videos online searching for methods to maximise my income.
How can I get more info about this new trading strategy?
The only broker or account manager I know of and well assured that he will help anyone in the trading system, is @Traviskelvin on telegram.
He’s actually the pro-trader I’ve met and he’s among the most top traders in the market.
Guess I'm waking up at 3 AM
Where are you
@@sadakbirre6272 he is in USA
This is going to take my trading to the next level especially if your a price action, Supply and Demand trader thanks Nick!!!
Is this best on GBPUSD?
Why have i never seen you place a trade?
Thank you Nick. I have been using your LBS for four weeks now, the results have beyond any expectations I had. After 3 years I am at last making real profit
Is this strategy still working out of you?
@@omairtech6711 it works why isnt it working for you?
@@programmerBoi I got a string of losses with this and decided not to use it again.
@@omairtech6711 consider backtesting over 100 trades on tradingview.
@@programmerBoi I agree.
Great content! I'm going to try this strategy on GBP/CHF with some rules.
1. I can only go short
2. Can only trade if the off hour range is half the pips from the session open trading hours. This is to help keep me out of trades most of the time unless it's a really good opportunity
3. Use trailing stop instead to reduce risk and potentially take more profits
Trent Roberts i love it Trent! Each person has their own unique approach that works best for them. Thanks for sharing your idea! As long as you’ve backtested and outlined your trading plan, I’d say go for it!
@@TraderNick Thanks for the advice. After backtesting I think the trailing stop is too sensitive to handle any sort of volatility since we're on such a short timeframe. It's too bad I can't configure it to switch from a hard stop to a trailing stop after price reaches a certain amount. For example, after we hit the 2:1 profit goal, the hard stop changes to a trailing stop.
Trent Roberts that’s an interesting way of trading it, I haven’t thought of that. Might be pretty effective at catching a bigger portion of some of the big moves we often see.
What's your stop loss and TP in terms of PIPS
watching this on 2021. really help full nick. thanks for sharing the video. God bless you
Excellent video. I do the same thing that was explained the only thing i would add is to check currency strength between 3am and 4am eastern time.
Hey Danny! Awesome idea. Looking for the strongest moving pairs could be a great way to add an effective filter to your trade.
hi this strategy for all currency pairs?
Excellent video Nick, really appreciate your knowledge. Keep the good work up mate!
Great video btw Nick, just like to say how i like to enhance profits is to open 3 positions one Tp at 1:1 , one at 2:1 and one using a trailing stop using an atr trailing stop on settings 14 and 1.5
Hey Callum, I hope you and your family are doing well in this difficult time. I would just like to ask you if this strategy is still working for you. I have been backtesting it since Nov '19 to May 22nd '20 with good results using different variations. So far the best results have come using 50 TP/30 SL or 50 TP/30 SL and a 10 pip trailing Stop after 30 pips.
Thank you so much, Nick. this is amazing. Works so well. Wow.. I have never used the sessions indicator before. I am going to watch all your videos. Great content.
Very good explanation... Thanks dude...♥️
Loving your content Nick. Thanks for sharing secrets of the market.
8:55 box breakout - book [ naked forex ]
Awesome..........just finding that time chart was a big help. I always wondered about the time at the bottom of Trading view if it was our time or their time.....Now I know..
Too high a risk in midrange ?. Follow the strategy of 10 pips above and below 8am he candle H and L. Cancel the buy or sell stop when break up or down. Do all 6 pairs then set SL and trail at 5 pips. Target only 50 pips Risk Not more than 30 pips. Even at 1:1 six trades is a nice little income for the day and govaway
You are awsome, Nick
if anybody adds this indicator, in order to make it look like his you have to uncheck the asia session or it will have another color block added
How can i do this?
@@roudyhelou3559 I haven’t been on in a few months but I think you just go into the settings and check the sessions you want
Always watch for a rebound after 1-2 hour after the market opens that could whiplash you out too quickly. I use the 12,24,50,100 ema’s.
Coupled with the rsi and hull MA.
I only take trades that breakout from the 50,100ema, that keeps me out of most of the whiplash, and gives bettr confirmation of a trend that you can capatalize on.
My targets are 30-40 pips, then sell half and set trailing stop on rest.
Works for me. $200 - plus days trading 1 lot only.
Agreed 100 percent , because last night there was a small whipsaw before the initial move up , I also wait 1-2 hours to clearly see what's going on
Thanks for watching guys! Please watch out for scammers/impersonator profiles in the comments. Have a trading related question? Send it here! form.jotform.com/212698422356057
is there away to calculate the potential profit of a trade ?
I know he took profit at 47 pips , but say I put a 1000 dollars on this trade with a leverage of 1:5 and it moved 47 pips that equals how many dollars profit ?
im looking for the method of calculating not the answer
dragonforce7123 number of pips X lot size X 10 usually gives accurate estimate e.g. 50pips x 0.1 lot size x 10 = $50
This is an awesome video. Thank you Nick greatly appreciated the video❤
Can you make a video about trading using harmonic
I'm an investor I will advice you all not to be convinced by the wrong brokers my best recommendation for you to get in contact with the only honest woman that helped me with a good strategy and I just made my first withdrawal and I'm so happy and grateful Which I'll highly recommend you all to contact with her politely on whatsapp+(18188502226)she is the number one Professor I know she is reliable and also trustworthy she helped me for free and I'm enjoying my investment and steady earnings....
Hi Nick, Nice video could you tell me what is the start and finish time of the break out box. do you wait for the first hour of london opening to complete ie 9am before placing the trade.
Once it was a very good approach ko catch pips but now a days it's accuracy is about 50/50.
thanks, this is still working, i use the consolidation from the begining of tokio instead of the end of NY (as u do), and on H1 i draw the rank, but i dont consider the wicks, so at the preview of London (2am for both of us), if u see M15, it makes a false breakout out of the rank , where i enter on a trade, on the oposite direction of the false breakout, then i wait if with the same speed that the price went out from the rank, it comes back inside, then i keep the trade,if not, then i close it with few gain or loss,and most of the time, there u have a perfect entrance, from the wick (h1) before London Begins.
Dear nick why would you not choose New York session but rather London session? If so would you made another video on New York session?
From Kenya with love
from Kenya with love too
😂😂😂kenya too
hello sir!. .i am newbie in the forex market and i am learning a lot on your channel. .
I just want to ask of how can I get the session chart indicator for mt4 platform?. .
thanks for sharing your knowledge. .
I came from a burn out.. this is refreshing
I appreciate it Nick, great vid!!!! KEEP CLIMBING!!
Means a lot Jackson! Have an awesome day man.
...the ‘white section’ is the Tokyo session...that means people who live in Australia can trade the London session after dinner. 👍
A very good instructor.
Your videos are very helpful👍
That makes me feel good to hear! Have an awesome day. Love the picture in your profile picture by the way!
Hey Nick. Your content are very helpful and handy. Thank you for sharing your knowledge and time on making these videos. As a trader I learned something valuable today for my journey. I wish you all the best and may God bless you on your journey. #PracticeMakesProgress
Broo Wtf😯 This is heat🔥
Thanks Nick, but what about the Fake Breakout London ? How to identify fake breakout? Thanks
This information is worth millions. IDK why Nick posted this for free.
Will the session name be the same colors on all charts?
I'm an investor I will advice you all not to be convinced by the wrong brokers my best recommendation for you to get in contact with the only honest woman that helped me with a good strategy and I just made my first withdrawal and I'm so happy and grateful Which I'll highly recommend you all to contact with her politely on whatsapp+(18188502226)she is the number one Professor I know she is reliable and also trustworthy she helped me for free and I'm enjoying my investment and steady earnings.....
Thanks. Isn't it better to wait for a pullback before entering?
Thank you for everyone who put their video i love all the video i see and i think i can do this. With a small account i know is hard to do it but with your videos i can do it. Thank you
Hi nick @tradernick
I put more than 6 hours of my time over 3 days and manually back tested this strategy from 01/03/2018 to 08/08/2018 , 114 trades only 32 wins !!! I think this strategy on its own doesn’t have edge over the market.
What was the risk reward ratio?
You need to refocus on market structure. This strategy is one of many strategies that works. Every strategy isn't good for every trader though depending on how they see things on the chart
@@dsj19 as far as I understand it’s a rule base strategy not a discretionary, if we consider the other factor I agree it can make a huge difference, I personally trade kind of London open strategy base on 8am Uk time 1hr candle if it’s green I go long if it’s red I short it if you trade it as I said you loosing but over last 4 years I learned if you try to win couple of pips more or lose couple of pips less every day you come out positive !!!!
@@alihamrah Yea just advice. Being able to see higher highs and higher lows would drastically make this better, he didn't mention cus he doesn't use it I guess but it goes hand and hand. If you you see a HH and HL or vice versa you can see the structure that acted as S/R. There are structures that only visible on certain time frames. Switch to 5 minute time frame Just to see structure breaks, GBP USD doesn't have alotta structure breaks on the 15 min time frame and above they come less often. (not good if you're trying to get in and out in the same day )
broooo. i watched this video got into the market and easily caught 60 pips. one of my best profits yet .3 standard
Thank very much Nick! this is very helpful! love it...love it...
Hi hallo, I'm new once your channel and I like the way of trading. I also liked the trend trading you explained in a previous video. I'm from South Africa
Thanks Nik..
I was just wondered about that great sessions indicator, as I am doing it manually..
Thanks nik for the amazing info.
Thanks man thanks a lot 😁
Aside from institutions needed to exchange/convert currencies, whenever an Asset Manager has/wants to sell/buy any Stock, in the case of Equity Portfolio Managers for example, in a non fund denominated currency there is a mechanical and obligatory FX transaction occurring: In other words, if a large Pension funds has a large global equity portfolio to manage, with a USD base currency, they will need to do a FX transaction if they buy any non USD Equities. This also can have a big impact depending on size, and create FX market moves, in a completely non-obvious apparent way when looking at the FX market directly. This is why it may be useful to pay attention at Portfolio re-balancing periods, typically end of Quarters, years, and months (in a lesser way).
why use 15 minute timeframe why not 5 minute?
Thanks!
If we don't hit TP 2 when do we get out the trade TS? how many pips They can't hit TP2 every single trade correct?
Thanx again brother i love your style of trading
Thanks nick for sharing your knowledge its really of great help.
Thanks for the BOMB ass tutorial!!!! I've paid money and got nowhere. Here you go giving away the GOODS FOR FREE. THANK YOU SO MUCH!!!! I'M FOREVER A FAN..
very enjoying your education,good explaination as well.thanks a lot for making this video.God bless your.
Thanks Nick... But pls which pairs are u using for this strategy...
Clear and concise. Thank you.
Nick bro make a video on significance of volume in fx market
hi Nick
tks for the video.
will this also work trading the US break out session?
In other words take the high and low of the London session and trade the break out during the US session.
Appreciate your feedback
unless you are trading this live , this is useless. you need to film yourself trading it live every day for a month and post it, so we can see your results
Great Video simple yet effective.
Thanks for Trading view tool I must start using all the time. Trading pending orders 😊
what time is the pink area ?
thanks trader nick u made my day
love for the information man, appreciate a lot
So informative ,thank you Nick
Thank you Nick. My trading view has no Session Chart Indicator. How can I add to it. Thanks
now i found it. thanks
good work man
Good info! Love this clip and trading potential.
Thanks Andrea! Glad you got something from this video.
Nice video Nick but there is enough research out there that shows this strategy, which is pretty easy to automate and test has no edge.
So how do you really trade for consistent profits?
Guy Redares trading success is not entirely a science in my opinion. There’s a reason why system trading or entirely technical strategies rarely work. There is an art to it in my opinion, and each individual has their own “best approach” to make money in the markets. A simple “buy here” and “stop loss here” would be nice, but it’s more complex than that. Adding your own spin and finding your own style is what has worked for me. Best of luck Guy!
Glad to hear that Geoff, trust me I am very dedicated and hard work doesn't scare me
@traderNick So, we would get have to start the process at 3am est time, and place our support and resistance lines then wait for the price to break out and close above or below the zone, and then take the trade? Is that correct? And this is done on the 15 min chart? Just wanted verify that I understand this concept.
Yup! But make sure you watch towards the end where I talk about some ways to possibly increase probability!
@@TraderNick Thank you. One more question, do you set a Take Profit as well, using your short /long position tool?
Yes! I set a take profit on each of my trades. Long or short.
Amazing content, thanks mate!
Do I have to adjust the times when I live in another country?
This strategy looks promising.
Really informative. Thanks
Very nice insight. Thank you!
Thanks Nick
Question please, why do you prefer 15min chart. I like the 15min chart but I have been using the 1hr for entry and break outs. Will I get more accurate entries in the 15min? I am not doing bad but I would like more accuracy to feel more confident.
Is there a way to avoid fake breakouts?
Yes, if you are about to buy/sell a breakout. Make sure the other side of it doesn't have equal highs/lows. For example, if you are about to buy a triangle breakout to the upside, make sure the bottom part of triangle doesn't have equal lows. This technique is useful because the equal lows act as obvious resistance and traders will place their stop losses there. Making them susceptible to market makers. The equal lows/highs will help keep you out of bad trades.
@@theelevatedinvestor9166 thank you!
wondering why you dont call the quiet time the Asian session as thats what it is?
Thanks TraderNick
this strategy is nothing better than random now,
Your video has helped me a lot, thank you very much. Is there a way to filter the false breaks?
So glad to hear that Hector. Make sure you watch until the end, because I mention some ways to possibly filter out some of the false breaks! Have a great day :)
Go to hector trade london sesion,he wait for retest then he inter check him
@@tahaqadir7775 what is his UA-cam channel?
Switch to 4 hour timeframe and draw zones. Then swith to 15 min timeftame..enter when price touches that zones in londond session. It is super easy
thanks nick this will help a lot!
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So many different ways to trade this strategy but which ones are actually profitable!?
Great video bro man
Thanks Christopher
Interesting and informative 🇯🇲
Thank you Nick