Description:
price action tends to remain between yesterdays high and low unless and untill there some force to break this support and resistance and this force comes in the form of high impact news.
Time frame:
daily time frame
TP and SL
tp can be any thing from 50-100 pips,SL is 20 pips.
pairs to trade
all majors.
I am using this system from last 3 months and found it consistant.
price action tends to remain between yesterdays high and low unless and untill there some force to break this support and resistance and this force comes in the form of high impact news.
Time frame:
daily time frame
TP and SL
tp can be any thing from 50-100 pips,SL is 20 pips.
pairs to trade
all majors.
I am using this system from last 3 months and found it consistant.