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Ea net89 Forex Profit.What I want to look at today our two simple concepts with relation to price and time that you may want to test on the markets that you’re trading.
This simple trading strategy is based on some of the concepts from Dalton and Dalton’s Mind Over Markets book. One of the key elements that has long separated successful traders from the rest is their intuitive understanding that time regulates all financial opportunities. If you can learn the dynamics of the forex markets through the organization of price and time, and learning how to synthesize this information with your own intuition, this is a rare talent possessed by only the best of traders.
“High probability trading opportunities present at the beginning of almost every month. Initial balance was defined as the price range resulting from market activity during the first two thirty minute time periods. James Dalton expanded on the Initial Balance concept by identifying it as a valuable tool for identifying the high and low often made in the first 90 minutes of trading after the open.