Weekly Insights: Trade Wisely and Win Big! (Tips and Strategies Inside!)

๐Ÿ“Œ ๐‰๐จ๐ข๐ง ๐š ๐œ๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐ญ๐ซ๐š๐๐ž๐ซ๐ฌ ๐ฐ๐ก๐จ ๐ฌ๐ก๐š๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ฉ๐š๐ฌ๐ฌ๐ข๐จ๐ง ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ: โžก๏ธ https://get.starseedfx.com

๐Ÿ†…๐Ÿ…ธ๐Ÿ…ณ๐Ÿ…ด๐Ÿ…พ ๐Ÿ†‚๐Ÿ†„๐Ÿ…ผ๐Ÿ…ผ๐Ÿ…ฐ๐Ÿ†๐Ÿ†ˆ / ๐Ÿ…บ๐Ÿ…ด๐Ÿ†ˆ ๐Ÿ…ฟ๐Ÿ…พ๐Ÿ…ธ๐Ÿ…ฝ๐Ÿ†ƒ๐Ÿ†‚:

Hi, itโ€™s Mo from StarseedFX. Every day, our StarseedFX community gets numerous order block alerts for various pairs and timeframes like EURUSD, GBPUSD, USDCAD, and EURCAD. Letโ€™s delve into an example. Two days ago, we sent out an alert for EURAUD, which was especially noteworthy because it came from the fair value gap.

As you may know, we send two alerts for every pair. The first one is the fair value gap alert. Once the price taps into this gap, everyone gets an alert โ€“ itโ€™s like a heads-up. It tells you another alert is on its way for that pair and that the price is about to hit the order block zone. This helps you get prepared. Now, a common question is: can we trade the fair value gap? The short answer is yes, and Iโ€™ll explain how.

Trading the fair value gap is similar to trading based on the order block alert, and we follow the same checklist setup. Letโ€™s go to TradingView to see how itโ€™s done.

When we get an H1 order block alert, we donโ€™t dive in immediately. Instead, we go to a lower timeframe, either m1 or m5, depending on your preference. For today, Iโ€™ll use the m1 timeframe. Our primary considerations include checking for liquidity sweeps, the fair value gap, and identifying any minor changes of character or โ€˜chock.โ€™

But letโ€™s go step by step. When you first receive the alert, if youโ€™re at your computer, you should switch to the m1 timeframe and monitor the market movements. For instance, you should check if thereโ€™s liquidity, if thereโ€™s a fair value gap, or if thereโ€™s any minor change of character. If all these three conditions are met, you can consider placing a trade.

However, itโ€™s crucial to be patient. Even if two conditions are met but one is lacking, you shouldnโ€™t rush. For instance, if we find a fair value gap and a change of character but no liquidity, placing a buy order might not be the best move. Why? Because if liquidity is resting somewhere else, itโ€™s likely weโ€™ll get stopped out.

As youโ€™ll notice from our example, trading the fair value gap can be profitable if you stick to the checklist. But like any trading strategy, thereโ€™s always a risk. In my experience, following this method, about 80% of trades turn out successful.

In future videos, Iโ€™ll cover how to determine take-profit targets and discuss strategies for trading on continuation. But for now, remember the key elements: liquidity sweeps, the fair value gap, and minor โ€˜chock.โ€™ If you stay disciplined and follow these guidelines, youโ€™ll increase your chances of profitable trades.

I hope you found this video insightful and that this setup makes your trading journey smoother. Stay safe and trade wisely!

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โš ๏ธ DISCLAIMER โš ๏ธ

The information on this channel is for educational purposes only. It should not be taken as a substitute for consultation from a financial expert. Before trading in the financial market, please consult your financial advisor. Some available contents do not consider your personal objectives, financial situations, or needs. We want to encourage you to seek independent advice if necessary.

Any data and information provided โ€˜as isโ€™ solely for informational purposes and are not intended for trading purposes or advice. StarseedFX does not take any responsibility or liability for any financial investment initiated or carried out based upon or using information from StarseedFX.

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