Instead of having a random y-axis on your EURUSD day trading chart, consider using the same scale every day. Increase it only if the price action of the day requires it. Don’t trade until you have scaled your y-axis appropriately. […]
The EURUSD is one of the most heavily traded financial instruments on the planet. The forex market does more volume than all other financial markets, including stocks and bonds. Most forex transactions occur in the Euro and the US dollar. […]
These are the key things I look for when day trading price action. You don’t need to know everything about technical analysis to trade well. These few key concepts will enhance your trading. The slides are copied below so you […]
The Snap-Back is a EURUSD day trading strategy for the 1-minute chart. I trade this strategy between about 8:00 am EST and 11 am EST. I use a 2.5:1 reward:risk and I let the price hit the stop loss or […]
Here are recorded day trading sessions, where I talk you through day trading the EURUSD 1-minute chart during the 2-hour window I trade (sometimes a little shorter, sometimes a little longer). I trade from approximately 830 to 1030 am EST, […]
Learn all about the daily and hourly price movements of the EURUSD, including what drives the EURUSD price, the highest/lowest volatility times of the day, hourly price movement tendencies, daily average movement, and the EURUSD’s average movement by day-of-the-week. How […]
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