Strategy
The Strategy
The Strategy
Check if any news to impact US markets before 8am. Open Sierra Chart. Load Charts. Fund Up. Open MT4
Determine "Market Sentiment" overnight into the session.
DO NOT ASSUME MARKET SENTIMENT IS CORRECT.
Wait for 9:30am EST for the market session to open
At 9:31am EST identify where Price is in respect to Market Profile Blocks, VWAP and Standard deviation bands using Sierra Chart
Enter at 9:31am EST if an opportunity is present on MT4 or wait till 10am.
If above VWAP enter buys - If below VWAP enter sells.
At 10am EST consider re-entry or closing and taking a different trade
Monitor your trade at 1pm EST, 3pm EST and close by EOD 5pm EST.
Transfer your profits from MT4 to the Broker or re-fund again for tomorrow.