Forex Trading Strategies

Identifying Bank Manipulation & Forex Day Trading Strategy

More info on the Forex Bank Trading Strategy: https://www.daytradingforexlive.com/day-trading-forex-education-course/

This forex training video walks through the confirming entry. The confirming entry has been a powerful tool we have used for years and continues to stand the test of time. Overall the best way to identify what the banks are doing is to wait for the market to reach our pre-selected ‘high probability point’s’ and see if the stops are then taken. If we see the manipulation around these points, we have a very good indication of when the banks may be entering the forex market, and thus we can trade accordingly.

The confirming entry is one of the tools that we use to validate the entry or invalidate it. In general, there is a compromise between forex trading strategies that take a great deal of time to confirm vs. those that confirm quickly. Each tends to have its own weakness, but this is where the confirming day trading entry strategy shines. Overall it tends to produce a trade signal fast enough to not miss many trades, while not so fast that it produces many false trading entry signals. I hope this video helps….happy trading!

-Sterling

Articles You May Like

Oil: Market fundamentals are turning more favorable for the price – Danske Bank
USD Weakens as US Yields Drop, JPY Outperforms – US Market Open
Will China Add Fuel to Risk Aversion? PHP May Face Rate Hikes Next
CDU elects Annegret Kramp-Karrenbauer to succeed Merkel as party leader
The NZDUSD dips to the 200 day MA. Head and shoulder neckline broken

Leave a Reply

Your email address will not be published. Required fields are marked *