{"id":219095,"date":"2023-12-13T14:44:15","date_gmt":"2023-12-13T14:44:15","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=219095"},"modified":"2024-05-23T01:17:52","modified_gmt":"2024-05-23T00:17:52","slug":"live-day-trading-crypto-and-stocks","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/live-day-trading-crypto-and-stocks\/","title":{"rendered":"Live: Day trading, crypto and stocks"},"content":{"rendered":"<h2>Live: Day trading, crypto and stocks<\/h2>\n<p>In today&#8217;s webinar, Marc showed us how he is using a simple day trading strategy to find short-term trades. There are two seasons the markets tend to go to sleep or don&#8217;t move much. Summer markets and Christmas period. This is because most traders are on holiday or taking a break so there is less liquidity.<\/p>\n<p>When there is less liquidity it is like watching paint dry, a perfect example is yesterday, when the markets didn&#8217;t move much and were ranging. This is likely to happen in the coming weeks towards the end of the year. So it&#8217;s best to leave the markets alone if you are a swing trader. If you are a day trader then you need to look at another way to approach the market.<\/p>\n<p>Marc showed us the strategy Anne uses. It&#8217;s a combination of the M2 and plotting the daily high and low of the day. The daily highs and lows can be easily added with the template below.<\/p>\n<p><a href=\"https:\/\/indicatorspot.com\/indicator\/previous-high-low-indicator\/\" target=\"_blank\" rel=\"noopener\">Indicator spot<\/a><\/p>\n<p>Of course, don&#8217;t start trading this strategy directly on your live account. I would first practice and get used to trading it on a demo. Have a set of rules to enter the trade, if the rules meet your criteria then go ahead, otherwise don&#8217;t trade. Even in day trading not taking a trade every day is fine. You don&#8217;t want to force trades. It&#8217;s the same with the M2 strategy, the strategy is more for longer timeframes and is very effective as you have seen.<\/p>\n<p>Also, Anne keeps an eye on the daily range, checks where the EMAS are, and still targets at least 1:2 risk-reward. She also trades this strategy mostly on the EURUSD, GBPUSD, and EURGBP. So she has only a few pairs that she is comfortable trading. So you will need to find pairs that are active during your session to day trade and also something that has a good daily range.<\/p>\n<p>Check out my previous article on what pairs are good to trade and that have a good daily range.<\/p>\n<p><a title=\"The Most Volatile Currency Pairs 2023\" href=\"https:\/\/www.forexmentorpro.com\/blog\/the-most-volatile-currency-pairs-2023\/\" target=\"_blank\" rel=\"noopener\">The Most Volatile Currency Pairs 2023<\/a><\/p>\n<p><a href=\"https:\/\/www.forexmentorpro.com\/blog\/free-forex-training-course\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"size-full wp-image-4732 aligncenter\" src=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4.jpg\" alt=\"\" width=\"650\" height=\"60\" title=\"\" srcset=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4.jpg 650w, https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/08\/650x60-100-Free-training-course-4-300x28.jpg 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/a><\/p>\n<p>You can watch the full webinar below<\/p>\n<p><iframe title=\"Live webinar 12.2\" src=\"https:\/\/player.vimeo.com\/video\/893701844?badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479\" width=\"1920\" height=\"1080\" frameborder=\"0\" data-mce-fragment=\"1\"><\/iframe><\/p>\n<p>Kind regards,<br \/>\nAshley<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Live: Day trading, crypto and stocks. In the webinar Marc went through his crypto and stocks portfolio, giving us an update of what he is up to.<\/p>\n","protected":false},"author":2054,"featured_media":218864,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_lock_modified_date":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-219095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-analysis"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/219095"}],"collection":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/users\/2054"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=219095"}],"version-history":[{"count":3,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/219095\/revisions"}],"predecessor-version":[{"id":219274,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/219095\/revisions\/219274"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/218864"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=219095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=219095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=219095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}