We employ a quick and precise trading strategy Originally created by ICT.
This strategy, known as the Silver Bullet Trade.
At MGR Forex Trading we do trade it with some slight modifications compared to the original trading rules. We don't rely on drawing liquidity or similar factors.
In this strategy, we focus on the first 15-minute candle as the trading range. We mark the high and low of this candle as the boundaries for the Silver Bullet Hour.
When the price on the 1-minute chart breaks and closes outside the high or low of the first 15-minute candle, we take a buy or sell position.
This approach is similar to price breaking outside the high or low of a trading session, but our Silver Bullet Session specifically occurs within the Silver Bullet Hour, which refers to the first 15 minutes of each hour.
Overall, it's a simplified method that can be easily applied, and we aim to Learn and Earn together as we build successful traders in the MGR Forex Trading community.
This strategy, known as the Silver Bullet Trade.
At MGR Forex Trading we do trade it with some slight modifications compared to the original trading rules. We don't rely on drawing liquidity or similar factors.
In this strategy, we focus on the first 15-minute candle as the trading range. We mark the high and low of this candle as the boundaries for the Silver Bullet Hour.
When the price on the 1-minute chart breaks and closes outside the high or low of the first 15-minute candle, we take a buy or sell position.
This approach is similar to price breaking outside the high or low of a trading session, but our Silver Bullet Session specifically occurs within the Silver Bullet Hour, which refers to the first 15 minutes of each hour.
Overall, it's a simplified method that can be easily applied, and we aim to Learn and Earn together as we build successful traders in the MGR Forex Trading community.
Trade geschlossen: Ziel wurde erreicht:
GBPUSD and Nasdaq Take Profit Hit