After being hit on EUR/USD for the first time under the training of my tutor l took the US30 51283.90 trade using Dow jones industrial average index, and i was happy l did. i joined the trade at 2;30 and closed by 4:20
We traded the US30 index yesterday at the open of the New York Stock Exchange which is by 2:30 pm UTC+1 in Nigerian time. it is good to box out the hour before the NYSE open which is from 1:30 - 2:30 pm. We waited for price to breakout of the box and reject at a support level which we had identified in advance. We took our buy trade from the rejection/support and placed a small stop loss