Milli Moves Trading Strategy

Overview

• The strategy uses a specific setup that was successful today, closing at 1,200 using the Milli Moves X indicator.
• Trade setups are shared in a free group.
• The approach mainly focuses on gold using a 2-minute chart with normal candles and a 30-minute timeframe for additional verification.

Tools and Indicators

1. X Indicator: A specialized algorithm used for trade setups.
2. Range Maniac: A tool used in conjunction with the X Indicator.
3. Ichimoku Cloud:
   • Primarily used for visual assistance, not fully relied upon.
   • Provides bullish/bearish signals based on positioning.
4. Session Volume Profile (SVP):
   • Shows daily volume levels using white lines for major volume areas.
   • Functions as support/resistance indicators.

Strategy Details

• Main focus on market alignment: checking indicators on 30-minute and 5-minute charts to confirm trade entries.
• Strategy emphasizes the importance of waiting for the candle close before entry.

Trade Execution

• Trades have a high win rate of over 86%, allowing for larger stop losses at the vline.
• Initial trades focus on tp1, tp2, tp3 targets.
• Strategy involves breaking even and adjusting open positions after hitting targets.

Trading Session

• Active trades occur within the session, avoiding post-7 p.m. market due to choppiness.
• Recent trades involved GU down, resulting in 60-70 Pips gains.

Conclusion

• The strategy is effective for those who properly understand its use.
• The Milli Moves X indicator is available for free; users are encouraged to ask questions via comments for further assistance.

Link for the Milli Moves X indicator is provided in the video description for further exploration.