#DayTradingTips
#TradingStrategyMistakes A specific event occurs at the opening and closing of the market, and if you become good at identifying it, you can make a lot of money. Let me explain!
Step 1: Go to the one-hour timeframe, then mark the high and the low of the previous day. There will be a lot of liquidity resting above and below these areas; this will give us the fuel to enter a trade.
Step 2: Change from the one-hour timeframe to the 5-minute one. Wait for the price to break this liquidity in either direction. If it breaks upward, then we will only look for long trades.
Step 3: Wait for a structural break upward, but an important step is to ensure that the structural break occurs above this liquidity.
Step 4: Place the stop loss below the recent lows and take profits at the high of the day we marked earlier, and this way, you have a winning trade.