How it works:
Here is the detailed explanation how you can trade our predictions.
For the list of a complete abbreviations please click here
Our system is a support/resistance trading style, also known as bounce trading. Basically, we enter long from support and short from resistance.The predictions are posted daily at 7:30 GMT (30 minutes before London session opens).
Every day we state what direction of the market. We will post trend direction and support & resistance levels for scalp and trend trades. Most of the time, we will have two resistance levels and two support levels. Please pay close attention to stop and take profit target, because they are different for trend levels and scalp levels.
- 1.) Stop: 15 pips.(When Stop Loss is placed, price must cover our stated level 15 pips not the entry you have made.)
- 2.) Take Profit (TP): 20-30 pips.
- 3.) Entry exception for scalp trades is 2 pips.
- 4.) Stop Loss has to be moved to Break Even after 15 pips in plus from our level.
- 5.) Avoid trading during news times (Non-farm, rate cut, etc.)
- 1.) Stop: 25 pips. (Stop Loss is placed 25 pips from price we stated and not from the entry you got.)
- 2.) Take Profit (TP): At least to the first scalp level that was stated, but most of the time price can run to the 2nd level, or you can place limit twice more than your stop.
- 3.) Entry exception for trend trades is 4 pips.
- 4.) Stop Loss has to be moved to Break Even after 40 pips in plus from our trend level.
- 5.) All trades closed at 2 pm EST unless otherwise stated.
The next day, overview for the past session will be posted at our Overview Page.
We post our Predictions at 7:30 GMT (30min before London session opens)
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