About 1 minute into the NY session, we have a strong AUD (orange line) with momentum (steep line to the far right) and the EUR (pink line) is weak also showing current momentum to the downside.


By the time we see the momentum on our indicator, you could have entered anywhere from 1 minute to 3 minutes into that opening price bar. The move was over 60 pips total.

However, worst case scenario if you waited until the close of that price bar, you still would have had a 27 pip move down before any pull back.

When you watch the entire video analysis below, I’ll show you another profitable breakout trade from today’s NY session:

If you’re struggling to become a consistently profitable trader, learn how to trade Forex personally from James Edward, a top hedge fund manager & Forex educator for over a decade. He will teach you exactly how the pros approach the market differently compared to amateur traders.  Get a free, 90 minute interactive Forex training with James right now!


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