EUR/USD 1M CHOPPY MARKET TRADE
The forex coach has had no trouble profiting in a trending market, but I will be the first to admit I have had trouble trading in choppy sideways markets.
The intention is to identify small movement parameters on the 5 and 15 minute charts, then trade when the indicator signals line up on the 1, 5 minute charts.
I have found a mentor whose name is George Smith who trades the markets in the choppy times somewhat like my midnight pass trade. I do not get paid to refer George, but I highly recommend you check out his trading style.
You can find out more about George’s trading methods by visiting his site at http://forex-trading-made-ez.com/ He uses different indicators than I usually use. You can see this trade that I made this afternoon around 2:30 that was worth more than 20 pips out of the middle of the move. Usually you will not see such a move this time of day, so this was exceptional. I will also note that I was stopped out in several trades for small losses before booking this trade.
The intention is to identify small movement paramaters, then trade when the indicator signals line up.
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