DAY TRADING THE OPEN - ONE HOUR A DAY (SESSION)

#gold #xauusd #daytrading #forex #forextrading #forextips #forexstrategy #simpleforextrading

DAY TRADING THE OPEN - ONE HOUR A DAY (SESSION)

My simple forex trading strategy is all about making 50 pips a day.
I hope you enjoyed today's Daily Pip Talk!

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Disclaimer: The purpose of these videos is for educational purposes only. Nothing associated with this channel or videos should be taken as advice to buy/sell any specific financial market. It does not take your personal circumstances or financial situation into consideration. I nor anyone associated with this channel will accept any liability for any financial losses related to any content posted on this channel. Trading is risky so seek professional trading advice before taking any specific trades/investments.

[billstenos]

do you ever have LIVE trade seesions?

[taovizions]

Best forex mentor. I always comeback to get refreshed. Great to see you again dropping knowledge. Cheers.

[MotionCapitalTrading]

15:55 Great Systematic Approach to the markets 👍

[ambtax]

A lot of respect for having a whiteboard YouTube video. It needs to be maintained.

[adrianheadlam]

Clear and makes perfect sense when thinking back to my trades this week. Your explanation is very helpful

[sufyanrazaq]

Hi Stacey I am struggling to piece everything together and be consistent. I was wondering if you could perhaps make a 1 2 hour video covering everything from GBP pairs m w pins engulfment's, daily and weekly templates as I think it would really help me and all the viewers.

Thank you

[majicfx]

Love your channel, I trade mmcycle as well quarter point theory, you and my mentor have the same philosophy, when are you coming out with a book?

[jhl]

Hey man can you give advice how to trade or behaviour on the market during nfp weeks? Market is very choppy this last 2days

[davidverheyen]

Another amazing video Stacey! You have me looking for them every single day now. Thank you again for taking time out of your day to provide amazing content for aspiring traders like me. I very much appreciate what you do for us!

[ianreeve]

Gold today in Europe / London (15 min chart).

Stops hit high in first hour after three pushes up from Asian session low for short trade for a short trade of 100+ pips back to previous to low of day. Three pushes down. Two opportunities to go long after low of day breached up to NY open. Again three pushes up. Pin through high of day on NY open for three push choppy move down to 15:19 London time low.

[gigacom]

Love your explanation... As always the best!!!

[gharibsol]

Your approach to trading is very impressive and extremely informative thank you sir

[loolkkk]

As always tremendous thanks Stacey for your consistently great work. Knowing there's a way to make trades and be in and out within an hour is amazing for many of us in different timezones and outside commitments. Take care buddy!

[DavidPhillips_]

Really appreciate your help. Thanks for the tips. Cheers.

[jhines]

Great info, the more videos I watch the more I understand. How come you still use Mt4 as your teaching tool. Tradingview has a free version with a ton of more tools at your exposure, more colors, you can box it in etc....
I use the Monday high and low to section off the beginning of each week, then I add in high/low day to give me the high and low of each day. You can thicken you lines and use text.

[ahsanqureshi]

Was just looking for that. What currencies are good for first hour trades?

[fearbabyriffs]

Stacey it seems maybe too obvious a question but on Gold it's quoted at .000 levels seemingly everywhere like 1707.000 is a round number and 1707.500 is a fifty level or am I misunderstanding this? GBPUSD it is easy to see where round numbers are on the 15 min but on Gold it seems price is flying thru. .000 levels constantly

[radianttruth]

How do you find the daily high and low

[Sigmabuzz]

Hi Stacey i see you mention a lot that you have 1 bar stop which is around 10 to 15 pips on gold. However i have found that gold can wick down 20 pips just for that hunt before moving in direction i want it too. Whats the best way to get a precise entry without putting a bigger stop. My trades seem to be fine but my stops dont and i always prematurely get stopped by 10 pips or so even when i have a M or a W since gold is very volatile

[susantoyang]

I like your content, however, you have messy explanation. sorry for being honest. I hope this could be point of improvement for you. because if you explain it better, it will be much helpful for me and others i believe