Forex Asia Breakout Trap / London Breakout Strategy - Big Market Moves | Forex
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This is a snippet of last week's War Room market commentary where we talked about our Asian breakout trap strategy, discuss a live trade setup and give other previous examples of this price action trading strategy.
Comments
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What timeframes do you trade in ?
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I'm an expert trader. Go to las vegas, you've got better chances there.
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Hi Dale very Good The vídeo , but how work The 10 EMA , how big is your protocol book how Many example bring The book or Photos , how consisten is your trade? Thanks, Great videos, I want to learn :)
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The false breakout candle.....what time was that? the asian and london overlap?
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Dale, I'm aware of that setup, it's a nice one, BUT there's a better entry signal. Since I became aware of it, I can't "unsee" it anymore. During the formation of the Daily Candle there is an order that price must follow to validate the signal. Not posting details here. Sorry! :-)
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Result of the setup? Did u take the trade?
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hi ...may you please tell me if this strategy works for stocks?
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Is the final chart a 1hr chart?
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You trade the exact same way I do. I just learned through trial and error.Unfortunately, that's the slow way. I hope people listen and learn from you. You really know what your doing.
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I wonder, what MAs do you use? Do you use them? I tried to follow 20/200 SMAs (on D1), but it's not very useful on that high timeframe (If I want to swing for a week or so).
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WICKS YELLOW MEANS?'