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The video shows a sample Hedging for Profits trade. I traded GBPJPY and I used 2-time frames for my trading.
Remember, Method and Discipline is the name of the game. If you can’t follow all rules precisely, trading might not be for you.
S&R guides for a 5-min time frame are shown. As you can see a very familiar sight to all of us we are in a DIL (deep in loss). However, I saw an opportunity with the 2-min candle finishing on a high note. Candlesticks are amazing. If you observe them clearly at the last few seconds of a candle, it either tries to rise or fall a bit more according to the bull or bear pressure. I took this as a sign and added a few BUY trades which resulted in a profit. Keep your eye on the trade always, you never know when you will get the opportunity even if the odds are bleak.
Note: I do not teach trading or sell signals. I would also like to advise you not to simply follow what anyone does and learn about the markets and methods before starting trading.
