Educational ContentTV

Video: This Invisible Trading Indicator Tells you What Day Trade (Not Just Price)

Powerful trading concepts to boost your consistency and long-term performance in the Forex, Indices & Commodities markets.

Click on the video to watch the full breakdown

Confession Time…

Ok, I know you clicked on this article because of the clickbait title. But the truth is, I lied. I won’t be revealing any secret technical indicator here. No clever algorithm for the market that will give you a killer win rate. No magic.

It’s more simple than that. The indicator that shows what day the market is most likely to move, which we’re going to talk about here, has in fact been here all along – hidden in plain sight.

It’s a time-based indicator. Can you guess what it is?…

No More Struggle of When to Enter a Trade

Does this keep happening to you?

  • The market moves very slowly in your favour, but very quickly against you.
  • You get stopped out, only for the market to go in your expected direction later anyway.
  • You wait for ages for price to move, then decide to close the trade, and then it begins to move.
  • You find yourself saying: “It’s like the market knows what I’m thinking and is against me!”
Are you feeling these emotions when you trade?

Don’t fret, there’s a solution

The Secret Indicator

Even though you know what PRICE LEVEL to trade at, the reason for your struggle is likely to be that you don’t know the right TIME to enter. Perhaps you’re too early.

So what’s the solution to the question of time? The News Calendar of course!

This is the ‘indicator’. You are being told ahead of time when a move is likely to begin. All other indicators you see placed on charts are lagging. They read price, and then give you a readout. This is the only one that is a leading indicator, which does actually indicate when to trade.

Of course, there are some guidelines on how to use it well.

  • Use the High Impact events only – these are the red folders
  • Get the Time right – note when they happen in the week
  • Most of the weeks, they usually happen on Tue/Wed/Thu – occasionally you get Mon/Fri
  • Merge the Time/Day with your Technical Analysis of price action and the area/zone you expect an entry
  • The clearest moves happen at, or after, news releases.

This is the only leading indicator. All others are lagging.

So What News Releases Do I Pay Attention To?

These are the major events/releases. Trade around the times that these come out.

A Word of Caution

This news indicator is by no means an encouragement to trade the news. Yes, you could with a bigger stoploss and smaller size, but you’d have to have experience. These high impact releases can be very volatile. It’s worth waiting a minimum of 15mins after.

The main purpose here is, to know that if you are planning a trade the same week of a big release happening, and you enter before the news day, your probabilities for a large move are reduced. The easier move/entry will come on the day of the news, or the day after. More often then not, you will have more clarity.

An Example

Look at this GBP/USD chart across an entire week – Monday to Friday, where we had major news on Wednesday. Study it carefully, day by day.

Zoom in to full size

As you can see, while there was an entry and move on Monday, the market didn’t go far and went into a range in preparation for news volatility. You may have been doubting yourself by Wednesday. Many times, there’s no movement at all. What would you have done then? You’d be stuck…

So waiting for the news to kick in would have given you a far clearer picture. The overall uptrend bias was decided in advance. Now it’s just a case of waiting and seeing if the News Timing gives you an entry price you’re happy with based on your technicals.

If you hesitate on the news hours, the days after are simpler to trade.

To summarise, the key takeaway is:

The news indicator is an opportunity, but only when it aligns with a clear higher timeframe analysis.

Try this news concept and let me know in the comments below what happens.

Happy trading everyone.


Written by: Dima Mihailovich, Technical Analyst for Forex Prop News

Contact and follow Dima on Twitter: @dimafpn

Image by Alesia Kozik, on Pexels
Image by Sound On, on Pexels

(Please note: All comments made in this video and article are not trading or investment advice and are for education purposes only. You are responsible for your own decisions and the risk that goes with it.)

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Our Newsletter

Subscribe to ForexPropNews Trading Newsletters

Receive the best-curated content by our editors for the week ahead.

Mini Charts

Related Articles

New to Forex? Learn to Read Charts Like a Pro

Dive into forex trading basics: chart reading, candlesticks, technical indicators, timeframes, currency...

TV

Video: Here’s the Trade Plan for EUR Pairs, as ECB Interest Rate is Announced Tomorrow

Here's the Trade Plan for EUR Pairs, as ECB Interest Rate is...

TV

Video: Watch These Setups on CAD and JPY Pairs, with Big News Incoming

Watch These Setups on CAD and JPY Pairs, with Big News Incoming

TV

Video: How to Skyrocket Your Profits from *One* Trade Setup (Plus: This Week’s Trade Results)

How To Squeeze More Profits from ONE Trade Setup (Plus: This Week's...

Featured educational content

EXPLORE MORE

Featured educational content

New to Forex? Learn to Read Charts Like a Pro

Dive into forex trading basics: chart reading, candlesticks, technical indicators, timeframes, currency pairs. Start your journey to trading success today!

Video: How I Re-Programmed My Mind to be a Consistent Trader (Thanks to The Wolf of Wall Street)

How I Re-Programmed My Mind to be a Killer Trader (Thanks to The Wolf of Wall Street)

Video: This Invisible Trading Indicator Tells you What Day Trade (Not Just Price)

This Invisible Trading Indicator Tells you WHEN to Trade (Not Just Where)

Technical Analysis: Chart Patterns and Indicators for Profitable Investments

Navigate stocks with confidence using chart patterns like Head and Shoulders, indicators such as MACD, and tools like trendlines. Master technical analysis for...

Latest News

Profit-Taking and Tech Sector Weakness Drive Down Asia-Pacific Markets
Market News

Profit-Taking and Tech Sector Weakness Drive Down Asia-Pacific Markets

Asia-Pacific markets declined on Friday, reflecting Wall Street’s tech stock sell-off. Japan’s inflation remained steady, and chip stocks showed resilience.

Asia-Pacific Markets Plunge on Chip Stock Declines: Market Watch
Market News

Asia-Pacific Markets Plunge on Chip Stock Declines: Market Watch

Asia-Pacific markets plummeted on chip stock declines, reflecting global economic uncertainties and geopolitical tensions, impacting regional indices sharply.

Copyright © 2023 Forex Prop News. All Rights Reserved.