Intraday trading during the Euro and NY session overlap
Merry Christmas folks!
Today I decided to show you a phenomenon I'm sure many of you already know of, but which I find is the best and most profitable way of approaching Forex trading, based on my past experience.
I normally traded intraday using 15m and 5m charts in the usdcad and usdjpy pairs, before transitioning to longer timeframe trading.
If your capital isn't too big, it's the best thing to do in my view, since you can maximize leverage by having very tight stop losses and quickly go with break even stop if you caught the right direction move.
I'll add some setups in the comments.
Today I decided to show you a phenomenon I'm sure many of you already know of, but which I find is the best and most profitable way of approaching Forex trading, based on my past experience.
I normally traded intraday using 15m and 5m charts in the usdcad and usdjpy pairs, before transitioning to longer timeframe trading.
If your capital isn't too big, it's the best thing to do in my view, since you can maximize leverage by having very tight stop losses and quickly go with break even stop if you caught the right direction move.
I'll add some setups in the comments.
