Institutional Trading - July 9, 2020I was able to catch 50 pips on this one!
I host zoom training session to help teach people on how I am able to trade along side the institutions. I have previously explained the line set up on an older post. Due take a look if you're interested in catching big pips like this!
Institutional
Institutional Trading further Explination I received a few questions about my last institutional trading post and I have posted a more in detail graph with explanation here.
I was able to grab 30 pips from yesterday's EJ accumulation period, so I have posted here how I achieved this and how I marked out my chart.
P.S entries are always made at 3:15am (Atlantic time) or later. basically once you see an indicator leaning towards a market shift. I use Alligator, MACDs and AW for confirmation. If you don't like indicators simply look for when the candle shows indication or if the next candle is moving in the opposite direction.
Institutional TradingAfter finally learning how to trade with the institutions I have found a plan that works quiet well. The beginner entry would follow the following rules (all time is in Atlantic Time).
1) Mark opening of market at 8pm
2) Mark opening of accumulation period at 12am
3) Mark closing of accumulation period at 3am
4) Monitor trade and look to enter around 3:15 (or possibly later depending on the day) for a reverse action.
5) Enter and look to collect 25-30 pips
LONG GBP/JPY.LONG GBP/JPY, IF*** there is a clear rejection at the current level, wich is at the bottom of what could be an institutionnal uptrend channel, it is also on the 38,20% level of the fibonacci taken on the weekly timeframe and it is around the 132,500 weekly key level (psychological level). The market reached the bottom of what could be an institutionnal uptrend channel and it could be starting its fifth wave. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
GBPCAD | DAILY | LONGLooking for a drive to the upside on GBP, as there has been excessive selling pressure with strong buyers on the dip. Easier to take this trade in the European market for Liquidity
Big Picture View
Strong: None
Weak: CAD
This trade is invalid after 29/06/2020 @ 9 pm BST.
Follow me on Tradingview or DM in the chat.
Don't forget to hit the like button
🐉 HAPPY TRADING 🐉
US30 LARGO TENEMOS UNA COMPLETA ESTRUCTURA ALCISTA, Y EN 15M HAY UN ORDERBLOCK RESPETADO, TRAZE UN FIBO EN EL ULTIMO FRACTAL Y TUVE CONFLUENCIA EN EL 79%