Price action trade based off the 10am EST prime time trading of FOREX. A break above or below the price bar set for that 10am time triggers a long or short for the day. This is a scalping technique and is used with tight stops and long targets. Use trailing stops to maximize gains.
Note
Market broke to the upside and hit resistance level (dashed red)...great 3-1 ratio trade.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.