In today’s update, I demonstrate how to get solid base hits with confidence using Hawkeye. When you see volume and price working together, you know when and how to take high probability, low risk trades. In today’s Forex example, I will show you how.
From the charts
Using multiple timeframe analysis, it’s easy to see when the faster timeframes align with the slower ones. Using Hawkeye’s powerful tools, you know ahead of time when the trades take place.
I demonstrate on 15-30-60 minute charts how price action failed to create new highs. This was the first setup. Then the Hawkeye Fatman showed when to expect a potential trend setup as energy flowed from the AUD into the CAD. Next the Hawkeye Zones showed price in a heavy selling pressure area – this is icing on the cake. Finally, after 7-15min price bars of selling pressure, we get a solid sell entry signal from the Hawkeye Trend.
The Hawkeye way
With 7 pips of risk, I showed 43 pips of reward, or almost 7:1 reward:risk ratio. The entry and exit was clear and known ahead of time. I teach this and many other methods in our live weekly training. Learn to trade the Hawkeye way.
You too can learn to trade the Hawkeye way by getting your own copy of our tools during our 40% Off Black Friday sales going on right now in our Store.
Join Randy in the next free LIVE Hawkeye Demonstration Room held every Wednesday at 9.30am EST US. You will learn more about volume and volume price analysis and see more examples and live trade setups. It is open to all.
Learn to trade the Hawkeye way.