The IMPORTANCE of 00's and 50's Levels In The Forex Markets
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00s and 50s Levels are important levels for institutional forex trading by the banks and algorithms in the currency markets.
I hope you enjoyed today’s Daily Pip Talk!
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Hey hi. I think you are the perfect expert on this. Can u inform me what days and time periods u think are best to trade GOLD (and maybe silver too)??
Hey Stacey is it the sweetspot indicator that helps with identifying the 00s & 50s?
I was so confused at first but holy crap I see what you’re saying!! I can’t wait for the new trading week. I started with $16 this week and managed to get to $112 but didn’t realize I bought at the high of the day so I could’ve sold and wound up blowing my account. Realized it once I remembered there’s a high and low of the day but, now after seeing this I can pin point sessions and open market..thank you!!
Do you have a podcast?
Hi, would you please explain these 00's and 50's levels and how to set them up in a chart? Thank you.
How to know or plot the 00's and 50's level?
Keep it up!!
I don't intraday trade anymore,I swing trade..intraday trading is dangerous..and high risk.(for me..I repeat for me.and me only).I stopped losing money when i…1 jumped to the daily time frame..2.stagger my entries and 3..shot for nothing less than 250 pips..or a 100%+return on margined money..now we don't lose money..but I will say this..if I ever chose to intraday trade again
Stacy Burke You tube channel is a mandetory ..I repeat mandetory required viewing..I like the ..end of day.. trading videos..that video was the video that set me in motion towards wing trading..thanks Burke.
You are 100% correct,my mentor told me that round number are to be observed…because big institutions use round numbers to enter..round numbers sometimes acts as support and resistance..00..50..are round numbers..its psychology..humans by nature connect..or relate to round numbers..every time there's a big move,we look to see how deep into a round number price has penetrated…excellent video..
been reviewing the last 2, 12 candle rule and you talked about LEVEL 1, LEVEL 2, LEVEL 3. can you pls. talk about these levels again in the future. thanks
Keep them coming Stacey, I'm hooked! Looking forward to the next lesson.
Hello sir, we want a video in which we want your view taking a buy, take profit, and stoploss.
Brilliant Video Stacey!!!!
Hi Stacey. Is there a tool on MT4 that enables these 00's and 50's levels? Or must I draw them in? I can't find them anywhere.
Regards.
Thank you so so much @StaceyBurkeTrading for this info in these videos. Believe these videos are going to help me on my trading journey a great deal. Hopefully alot of other traders take notes. thank you again Stacey
I like to use the 20 and 80 levels. And fibonacci 14, 29.5 , 70.5 and 86. Combined with your knowledge. The 2.0212 level at gbpnzd was @ 14 fib. 100 pip move.
Many thanks for your input Stacey-good to see you back!
Great video. Your trading style that I’ve been going through today has def made me a lot more focused on looking for better set ups and been patient for right market conditions. Thanks Stacey 👍🏼