FOREX TRADERS
When I trade the Squeeze on Forex Markets, I find this setup the best.
Generally Forex Markets produce many fake outs so I find it best to trade with a EMA Trend Ribbon (EMA 21 - 34 -55 -89).
Most trades I take are on H1 or M5 but I always see what the Daily chart is doing.
Using the TTM Squeeze Pro (Tradingview), trade the breakout of RED DOTS (BB inside Keltner Channel) to black dots if the momentum indicator agrees.
Below is EURJPY on H1. Here we are only looking for Bearish signals and the take profit signal is when the Momentum Histogram turns from Red to Yellow and moving backwards. Also on the multi - time frame view, there is Squeeze setups on 15M / 30M / W / M
If in doubt, the WHITE EMA which is 21 is KING.
Cheers
When I trade the Squeeze on Forex Markets, I find this setup the best.
Generally Forex Markets produce many fake outs so I find it best to trade with a EMA Trend Ribbon (EMA 21 - 34 -55 -89).
Most trades I take are on H1 or M5 but I always see what the Daily chart is doing.
Using the TTM Squeeze Pro (Tradingview), trade the breakout of RED DOTS (BB inside Keltner Channel) to black dots if the momentum indicator agrees.
Below is EURJPY on H1. Here we are only looking for Bearish signals and the take profit signal is when the Momentum Histogram turns from Red to Yellow and moving backwards. Also on the multi - time frame view, there is Squeeze setups on 15M / 30M / W / M
If in doubt, the WHITE EMA which is 21 is KING.
Cheers
Trading thin liquidity at the boundary of the charts
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