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Hello my friends!
In this thread I will post my daily predictions on intraday trading levels.
My trading levels are based mostly on Market profile, orderflow and price action. You are all welcome here to trade them and I would love some feedback from you on how you like them and if you trade them sucessfully.
Can you help answer these questions from other members on NexusFi?
Rules for trading my intraday levels:
1. trade every level only once. Don't trade second tests
2. If the market moves 80-90 % in your favor - secure your position by moving SL
3. It the market turns few (1-3) pips sooner and makes a significant reaction - consider the level already tested. Do not trade anymore.
4. Dont trade during macro news. Wait for the market to settle down before trading again.
5. Clese all your intraday positions few minutes before significant macro news release.
Did you guys take the usd/jpy? There was a small difference between futures and forex. In futures the market made 9 pips so I secured my position and went out without profit or loss. Looking at forex now and it wasnt so easy there. Did you guys take the trade or did you consider it already tested?
Be carefull. Today and yesterday the markets act pretty crazy. Its because of the big macro news.
