The Forexwhiz time based strategy

Forex Whizz Everyday Trading Strategy

1. Time Frame: Start by scaling into the 5-minute time frame on your chart.

2. Mark the Time:

• At 2 p.m. Cameroon time, draw a vertical line on your chart to mark the opening price at this exact time.

• Draw another vertical line at 3 p.m. Cameroon time to mark the end of the hour.

3. Key Level Check:

• Once 2 p.m. arrives, note the opening price.

• As the chart moves toward 3 p.m., observe if the price is at a key level (supply or demand zone).

4. Candlestick Pattern Confirmation:

• Watch the candle that forms at 3 p.m.:

• If it’s a pin bar, engulfing candle, or other strong reversal patterns, this acts as your confirmation.

• Enter the trade if there’s a confirmed reversal signal.

5. Adding or Closing Positions:

• The opening price at 2 p.m. is crucial.

• If you enter two positions at the 3;00pm zone and the price moves in towards 2;00pm

• If the price tests the opening price at 2 p.m., and you only have one position open, look for a strong reaction (a bounce or continued movement) at the opening price. If this is confirmed, hold the trade and let it run.

6. Targeting and Exits:

• Set a target of 50 pips or a key level (for example, another demand/supply zone or any relevant area of price action).

• Be aware of potential consolidation areas, and target less if the market shows signs of sideways movement.

7. Trend Consideration

• Never trade against the overall market trend.

• Always ensure your trade direction aligns with the dominant flow, and time your entry at a confirmed reversal or continuation point based on structure and liquidity.

8. Repeat Daily

• Use this strategy every day between 2:00 p.m. and 4:00 p.m. (Cameroon time) during the London–New York session overlap.

• Expect manipulation between 2:00 p.m. and 3:00 p.m., as smart money triggers fake moves and stop hunts to collect liquidity.

• Watch closely around 3:00 p.m., when the true market direction often begins — typically reversing the 2:00 p.m. move and delivering strong momentum of 50–100 pips.