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Every morning at exactly 10 am. Something specific happens in the market. And if you get good at spotting it. You can make a lot of beep money. Let me explain.
Every single morning a 4 hour candle opens. If the market is bullish, you re going to see open, low, high. If the market is bearish, you re going to see open, high, low. Step 1. We are clearly bullish for the day.
Step 2. We are only going to start looking for trades at exactly 10am. That s Eastern standard time Here s this yellow line marks the 10 am point. We want to see 2 things at this period. Accumulation and then directly after, manipulation.
Since we our bullish for the day.
We first want to see our accumulation. Next we want to see manipulation to the downside. Which we got. Once you see these, you re going to look for a spot to enter a trade.
I prefer finding a fvg for this. After the manipulation, wait for a price jump. Mark your fair value gap. Wait for price to come to this gap. Enter the trade.
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Read More: What is Forex – 2 Minute Explanation
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