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Forex TRADING TIPS And A POSSIBLE TRADE SETUP (MUST WATCH)

By on June 3, 2020 0 38 Views
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#DailyPipTalk #LondonBreakoutTrading #ForexTradingTips

FOREX TRADING TIPS And IDENTIFYING POSSIBLE TRADE SETUPS

Answering some questions I’ve received from traders and also a possible great trade setup evolving on the GBPJPY.

1. Why it’s important to wait for closed candles.
2. When to go to break even.
3. Setting profit targets.
4. Understanding the hour.
5. A great trade setup possibly on the GBPJPY. (*NOT A TRADE RECOMMENDATION!!!)

Free isessions indicator: can be downloaded here.

Here is the “sweetspots” indicator

Here is the Weekly Separator Showing Monday’s…

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…

Yesterday’s high and low…

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

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The Edgewonk trading journal can help turn struggling traders into trading professional traders. Grab your free trial here…

For more on trading check out:

The PlayBook: An Inside Look at How to Think Like a Professional Trader…Mike Bellafiore…

One Good Trade: Inside the Highly Competitive World of Proprietary Trading…

Diary of a Professional Commodity Trader: Lessons from 21 Weeks of Real Trading… Peter Brandt …

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