Euro / Japanese Yen
Updated

Trading Academy - Alex Morris - Project A

85

  1. Select EUR/JPY to start with on Tradingview and focus on a two-month period between the 8th of May and the 8th of July 2024.
  2. Identify the market structure on the HTF (Weekly and Daily).
  3. Identify the market structure on the LTF (1HR timeframe).
  4. If possible, identify a narrow consolidation of price on the 1HR timeframe.
  5. Identify an aggressive bullish or bearish imbalance in price.
  6. Draw your supply or demand zone.
  7. Identify whether there is a gradual or impulsive retracement.
  8. Identify whether a confirmation candle is present.
  9. Set your stop loss, take profit, and execute.
  10. Follow the same process as above for and EUR/CHF (if you have the paid version), focusing on the two-month period between the 8th of June and the 8th of August 2022.
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