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

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  • Опубліковано 12 вер 2024
  • #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...
    Thank you for watching this video-Please Share it. I like to read comments so please leave a comment and…
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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:
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    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

КОМЕНТАРІ • 47

  • @tenxpat4568
    @tenxpat4568 2 роки тому +10

    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

  • @dkoebe14
    @dkoebe14 4 роки тому +8

    this guy is a mad genius

  • @travellergateway1020
    @travellergateway1020 2 місяці тому

    ALWAYS GOOD KNOWLEGE !!!! KEEP GOING!!!!!

  • @processpatience3206
    @processpatience3206 4 роки тому +6

    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 роки тому +2

    What can i say is only you the best teacher of forex

  • @Chi_som_m
    @Chi_som_m 26 днів тому +1

    Thank you

  • @chezr9831
    @chezr9831 4 роки тому +4

    Life Changing Stacey! 🙏🤩🙏

  • @loftworxx777
    @loftworxx777 11 місяців тому +1

    Keep in MIND: 12:10 , 19:42

  • @hekuranmena6894
    @hekuranmena6894 4 роки тому +4

    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 роки тому +1

    GREAT GREAT feedback - it's all about the highs/lows within the market cycle pattern.

  • @thesubconsciousmind
    @thesubconsciousmind 4 роки тому +3

    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 роки тому +6

      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 роки тому +1

      Hmm Yeah, agree with you....

    • @jordicp1613
      @jordicp1613 4 роки тому +7

      Maybe he doesn't have to because he actually makes money with trading... Not like most forex demo gurus do :D.

    • @creodunny
      @creodunny 8 місяців тому

      3 years later he does have a course and its fire lol

  • @juancarlosguzman2827
    @juancarlosguzman2827 3 місяці тому +1

    Wow very great information thank you for sharing. Can I use this analysis the same way for the equity market? Thanks once again

  • @codeyslack882
    @codeyslack882 Рік тому +1

    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

  • @codeyslack882
    @codeyslack882 Рік тому +2

    I get out once I make 15-25 pips in London or New York 20- 25 pips maximum....

  • @edstevens4439
    @edstevens4439 4 роки тому +2

    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....

  • @lukeneedham98
    @lukeneedham98 4 роки тому +3

    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?

  • @mgbonuzuroland394
    @mgbonuzuroland394 2 роки тому +1

    This is really nice.
    Thanks for sharing

  • @agendiagodwin3584
    @agendiagodwin3584 Рік тому

    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 ✨

  • @mehjuchol6270
    @mehjuchol6270 4 роки тому +2

    Very insightful,worth listening ,thanks

  • @Adam-zd2bk
    @Adam-zd2bk Рік тому

    One of the SB classics

  • @Tshiamo_Setshedi
    @Tshiamo_Setshedi 4 роки тому +2

    Thank You Stacey

  • @room616oc
    @room616oc 2 роки тому

    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.

  • @BTMMHACK
    @BTMMHACK 4 роки тому +1

    4:40 Just like gold has been doing. You see that pattern they left us with. I hope for bullish

  • @ololosokwani1140
    @ololosokwani1140 2 роки тому +1

    🔥🔥🔥🔥🔥

  • @fx1009
    @fx1009 4 роки тому +2

    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

  • @azceo
    @azceo 4 роки тому +1

    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 роки тому +2

      I focus more on "how" and where it closes (in relation to numbers) as opposed to the closing price itself.

  • @Cristian-ot7ht
    @Cristian-ot7ht 4 роки тому

    Great stuff 🙏🏻 do you have a podcast ?

  • @BTMMHACK
    @BTMMHACK 4 роки тому +1

    6:50 so even institutions get messed over at thoes common level😂🙂

  • @whitneymorris2544
    @whitneymorris2544 3 роки тому +2

    What an absolute game of chess this is.

  • @kamallalchandani8274
    @kamallalchandani8274 11 місяців тому

    Hi

  • @vanish4all
    @vanish4all 4 роки тому +2

    Are you ICT student or Wyckoff?

    • @StaceyBurkeTrading
      @StaceyBurkeTrading  4 роки тому +1

      Neither but have learned from both.

    • @vanish4all
      @vanish4all 4 роки тому +1

      @@StaceyBurkeTrading great content brothwr

  • @rajeevshrivastava4488
    @rajeevshrivastava4488 2 роки тому

    video starts at 3.0

  • @PAYDAYHEDGE
    @PAYDAYHEDGE 3 роки тому

    Are you a serial killer?