Mastering Forex Day Trading Strategies to Consistently Bank 50-100 Pips Daily

In the above #Forex Day Trading system, we emphasize the importance of waiting for confirmation before entering a long position. This cautious approach is crucial for minimizing risks and maximizing potential gains in the highly volatile forex market. By adhering to specific entry criteria, traders can enhance their decision-making process and improve their overall trading performance.

Here are the detailed rules that govern this trading system:

1. **Price moves into the VERY HIGH liquidity zone [in green] where buyers are waiting.** This liquidity zone is characterized by a significant concentration of buy orders, indicating strong buyer interest. When the price enters this area, it suggests that there are ample opportunities for upward momentum as buyers are poised to enter the market aggressively. Recognizing this zone is vital, as it often leads to sharp price movements that can be capitalized upon.

2. **Price moves into the DEMAND zone [blue].** The demand zone is identified as a price level where buying interest is strong enough to overcome selling pressure, leading to potential price reversals. When the price retraces into this area, it signals a favourable environment for long positions, as the likelihood of a bounce back is considerably high. Traders should pay close attention to this zone to identify optimal entry points.

3. **Price is above the central pivot acting as support.** The central pivot point is a critical indicator in forex trading, as it serves as a benchmark for determining market sentiment. When the price remains above this pivot level, it indicates a bullish trend, reinforcing the idea that the market is leaning towards upward movement. This support level acts as a safety net for traders, providing additional confidence when considering entry into long positions.

4. **Moving average turns GREEN for buyers to step in.** The moving average serves as a dynamic indicator of price trends. When the moving average shifts to green, it signals that the market has transitioned into a bullish phase, encouraging traders to enter long positions. This visual cue is essential for confirming that the market conditions align with the trader's strategy, further validating the decision to buy.

5. **Stop loss is placed below the Demand zone.** Implementing a stop loss is a fundamental risk management strategy that protects traders from significant losses. By positioning the stop loss just below the demand zone, traders can limit their exposure to adverse price movements while allowing for enough room for the trade to develop. This strategic placement ensures that if the market moves against the position, losses are contained to an acceptable level.

6. **Target is placed at 2 times risk to ensure maximum performance.** Setting a target at twice the risk taken is a common practice among successful traders. This risk-to-reward ratio helps to ensure that potential profits outweigh potential losses, creating a favourable trading environment. By aiming for a target that is twice the risk, traders can optimize their overall performance and enhance their profitability over time.

This well-structured trading system is NOW available for just £150, and it comes with comprehensive features, including full chart settings, in-depth coaching, and three months of trading signals. This package is designed to equip traders with all the necessary tools and knowledge to succeed in the forex market. GO HERE TO START and take the first step towards improving your trading journey.

If you have any questions or need further clarification regarding the system or its components, please do not hesitate to contact me. I am here to assist you in your trading endeavours and ensure that you have a clear understanding of the strategies involved.

Chris

Head Coach & Trader for over 35 years