I'm going to test reversing these pairs next day. Assuming the pair had a trend on day one, it's likely to reverse on day two. {image}
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How do you confirm if the pairs are for sure reversing on the day 2 (candl2)?
Also, out of all the listed pairs, how do you know which one is the neutral pair and which one to trade?
{quote} Just to clarify, the reversal isn't on candle 2. The reversal trade is taken on candle 3, which is the day after the pair shows up on the Neutral list. Candle 2 is the day the pair is listed and trends in some direction. We let that day finish, and then on candle 3 we trade in the opposite direction of how candle 2 trended. Might be worth giving the description another read to make sure the candle numbering is clear.
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Thank you for responding. Sound like the First Green Day /First Red Day setsups from Stacey Burke Trading Playbook. Are you familiar with it?
Just checking in to see if anyone's following along. If I'm trading the EURNZD Neutral pair on Monday with the liquidity sweep style, what direction would I be taking, and what would my target be? {image} {image}
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I am still trying to understand how to plan trade based on what you shared. Based on how the candles ends up today (bearish or bullish), will help me to make decision on Monday
