Secrets of trading with the banks

Secrets of Trading with the Banks

Unlock the secrets of trading with banks by understanding institutional strategies and market dynamics. Learn to leverage order flow analysis and key levels to align with institutional trading patterns and maximize profitability. Discover how to navigate liquidity and timing to gain an edge in the forex market.

Strategy Details

The 5-Minute Momo strategy is designed to help forex traders play reversals and stay in positions as prices trend in a new direction. Here’s how it works:

1. Indicators Used:
   • 20-period Exponential Moving Average (EMA): Chosen over the simple moving average for fast momentum trades.
   • Moving Average Convergence Divergence (MACD): Used to gauge momentum.
2. Long Trade Rules:
   • Look for a currency pair trading below the 20-period EMA.
   • Ensure that MACD is either:
     • In the process of crossing from negative to positive, or
     • Has crossed into positive territory within the last 25 minutes (five bars or less on a five-minute chart).
   • Go long 10 pips above the 20-period EMA.
3. Risk Management:
   • Use stop-loss orders and trailing stops to protect profits.
   • Exit the position in two segments:
     • First half: Lock in gains.
     • Second half: Attempt to catch a larger move with no risk (stop already moved to breakeven).

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