Trading Strategy Rules For Bullish Daily Forex Bias

Trading Strategy Rules For Bullish Daily Forex Bias


in this video working cover the rules for trading Neutral Bullish bias as well as the
Double Bullish Bias and different types a trades that we can
take with these types of Biases so the first
one is the Neutral Bullish it states we can only trade retracements
or oversold levels ask long as the high from the previous
day has not been taken out and prices
trading below the previous day’s high if price is lower than the previous
day’s high after breaking the previous is high
during that trading session no more trades can be taken lets go jump
into the chart so I can show you guys on the charts what we’re trying to accomplish hi guys
we have neutral Bullish on our charts and are in the
indicator tells us that but we’re right on the charts we don’t forget now the next step we always had a mark
of the high from the previous day which is right here guys so right here
guys the surgery smacks a cassocks is below
twenty your paper shift you can use some other
kind of injury technique but this would be a
good trade location and we look to risk 30 perhaps the try
to make sixty of we look in this example from our
paper shift that’s why I believe behind 2010 apps
manufacturing guys it’s that’s fantastic hey maybe ask yourself
what about over here over here would give ballot relocation
would be low the previous day’s high sick ass sex is down here below twenty
right this is just a tree that did not work out but if you took this change -30 in the shape plus 60 you would still be
up 30 pips for the training session that’s
fantastic now let’s go look at this rate now we’ve broken the previous day’s high
price comes back down and we haven’t oversold condition guess
what guys we can no longer take the strain rate here this is not a a high probability trading down here not say that I could go up
into higher from our experience this is not where we want to be act
rationing no to break the high stay above the high
this has not been able to hear to do that therefore we’re no longer
interested and trade in this to the upside re: so that’s how we treat neutral bullish bias now let’s go look at the rules double
bears her double bushfires I geisel double bushfires we can train both breakouts an
retracements as long as a previous day’s high has not
been taken al in prices not trading lower than the
previous day’s high after taking out the high and that’s a
mouthful I if price is trading lower than the
previous day’s high after break and the previous day’s high
then carat ring breakout rates to the
downside can be treated sure you guys examples of
that and knows a little hard to see the words really you know get an
idea of what we’re trying to accomplish so again let’s go ahead and look at our
charts high school here here we are a look at our charts this
day we have a double bushfires rage marked our charter then if your child is to remarked on the
charset would not for your right all we have two different I to
trees we can take we can we can take the trades retrace my style
trees which now wanna see some kinda oversold
indicator all for this demonstration worries the cassocks
cassock below twenty you think marcia dollar trade now for me
guys actually took a hand on the shade right
here you guys follow me on instagram: FX Mike 195 then you would see a picture
the trade I took it to trade right here I was doing a breakout from the slower
here so best the pre-cal up this one point right
here had a by stop order and gas field in
every anime leaving us 60 caps on the tree action to
go back and I’ll and check in see like to get some
pressure sixty-fifth on that tree now once now one size been broken right price comes back down and breaks the
high again and trainer Shane about the high anyone take a break out of another
swing point hey guys ass about rates of you did the same you missed the right here in
the scene a pullback right here on this bar it would’ve been
a break out the source one point ballot rain the swing point right here as is broke
out there would have been a ballot rate RAC just
because I got in here this is not the only trade trade here sheer here and right over here guys planetree opportunities to get involved
in this site that the whole bushfires you know any kind double bias is more
trade opportunities we can buy breakouts we can buy retracements then we can now
also treat the Caltrain trade Cisco sure example account entry art again guys who like a landmark on
charts with double fallish I marks are charts and the next step mark of the previous day’s high thats
this right here I so ask yourself could you take a break
out right here absolutely that work node our guys you were lost on that tree but you know
that Shrien every train is not going to be a warning cherry tree or
garlic and this example is a character in trade prices a trade above here and then come
back down wall we had a couple examples we can do
guys we can use this week point here right so I’m gonna
drop us go ahead and do it this way why can’t
Asia stop the recording process horse I’ll area so we’re look at this one point here right
price breaks it comes down comes back up let’s see if you will have
an opportunity fairly scarce of the break even I don’t
know if we would have here and I i up thirty perhaps if we’re is 30 caps
Chi’s like we talk about the room all time and
we go for 65 target this we’re going to break even trade so
she took a break out here you’d still be minus thirty this would
be break-even I now the slick again price breaks back
up above the high comes back down has also inquiry hears
let’s mark of this one point right here guys I price comes up we can set a sell stop right below here boom goes good for 60
caps guess what guys 60 pips is a fantastic trade actually goes for more than that
but assists should see where your story goes for
eighty-something exam prep sorry solo -30 if you took the breakout appear alright break-even plus 60 you have net 30 pips for that reason
session re: so that’s what we look at as far as
a character in trade price must break the previous day’s high come back down and break a swing point
actual we look over here slopes there right
price brought back above the high came back down form this one point came
back up police I’ll stop here boom pressures
back down and you may ask yourself worth price I’ll come down here guess
what price for 16 you up we will not be involved in this chain to
the downside knock it filled on the train so what
we’re doing is we’re land price making new low right so for a series of
up transfer down trends right rate for a downturn we have to
make lower lows lower highs right here’s a high here’s a
high I higher high lower high higher law and when we break were
forming the lower low alright so that’s how that works that’s
our thought process behind it were certain to form a new trend and we want to try to hop on and see if
we get a push in the opposite direction guys weird double bias music good opportunity
that we really need to pay attention for
Caltrain trade sorry by seeing this over here breaking not
really get the push up to the upside I’m coming back down right we have to be aware that guess
what there’s not a lot of buyers appear a it’s not a lot of buyers because prices
not continue to go higher therefore we had to be on Cara trembler
we took a shot here and then you took a shine here so 11
been break-even one with them plus 60 still it’s not bad
guys you had net 30 on the day -32 separate al break-even and then plus 60 are you guys stay tuned to the next
video we’re gonna go over how to trade bearish bias the rules for

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