Now, this one is a special one. If you ever had trouble with your entries as a day trader or you cant find the best time to trade as a scalper this ones for you.

First off mastering your entries is one of the most important aspects of trading because it determines if/or for how long you’re in drawdown for.

Now, if you have any experience trading you know that drawdown is the most emotional part of trading because of the (Fear of loss).

First off, you need to know that Trading in the forex markets is like trading an algorithm. It’s a electronic system so the trades are pushed out onto the charts by the brokers system on its own timing.

With that being said, at certain times there are certain moves happening every single day, just based off that algorithm. So depending on the pair your trading that volume happens at a different stage every trading day.

So, what i’m going to do in this lesson is help you identify when that is based on some key factors.
Now based off experience i noticed that when trading Indices or currencies the first thing you should do is find out when what you’re trading has big moves (in what session) and pay attention to the (4 hour candles) in that session.

Your goal is to identify around what time it has that big push for each 4 hour Candle. Pay attention and study this for at least a few weeks to learn the flow. Don’t rush the learning process!

For example when i trade the JYP Indices in (Sydney Session) at the beginning or (first hour) and the end or (last hour) of the 4 hour candle is when the big pushes happen.

So i wait until within those times to catch my entries and mix that with it being in a (support or resistances) area if i want to catch a longer trade.

And it happens almost every time for a scalp trade.

Remember you still have to be patient enough to get your signal on a smaller time frame to determine the direction of the market especially for longer trades and you still have to follow your others trading rules.

This just gives you a extra edge in the markets, that way their’s way less guessing and and a clear game plan.