Kathy Lien
BK Asset Management
After years of day trading experience, I've identified why the five-minute chart is the perfect timeframe for day trading that balances speed with clarity. It's time for traders to stop getting lost in market noise and start trading with precision.
Key insights:
- The perfect timeframe - Learn why the 5-minute chart hits the sweet spot between action and structure.
- Support and resistance mastery - See how the 5-minute chart clearly defines decision zones for high-probability entries.
- Candlestick pattern analysis - Discover how dogis, hammers and engulfing patterns signal powerful reversals.
- Top-down approach - How to combine higher timeframes with 5-minute precision for ideal entries and exits.
I break down real examples of the New York session breakout strategy for EUR/USD, revealing exactly how to identify London session ranges and capitalize on breakouts for 15-30 pip gains. Learn which pattern signals provide the strongest confirmation and how to avoid false breakouts. This isn't theory - it's a practical strategy that can help you tighten entries, boost win rates, and stay ahead of market noise. Implement this approach and trade with the discipline of experienced day traders.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD strengthens above 1.1300 on gloomy Fed’s Beige Book
The EUR/USD pair edges higher to around 1.1335 during the early Asian session on Thursday. Mitigating concerns over potential tariff threats by US President Donald Trump exerts some selling pressure on the US Dollar.
GBP/USD deflates to the sub-1.3300 area, USD bulls prevail
GBP/USD remained on the back foot Wednesday, slipping below the 1.3300 level as the Greenback gained further traction. The Dollar’s solid performance was supported by strong US data and fading concerns over a renewed escalation in the US–China trade dispute.
Japanese Yen climbs to the top end of its daily range against USD
The Japanese Yen recovers early lost ground to a one-week trough touched against its American counterpart earlier this Wednesday and climbs to the top end of the daily range heading into the European session. The initial market reaction to mixed PMIs from Japan turns out to be short-lived amid reports that the US and Japan are moving closer to an interim arrangement on trade.
Editors’ Picks
AUD/USD holds above mid-0.6300s amid mixed fundamental cues
AUD/USD consolidates near the weekly low touched on Wednesday amid fading optimism over a quick resolution to the US-China trade dispute. Moreover, easing concerns about the Fed's independence assists the USD to preserve its recovery gains registered over the past two days and acts as a headwind for the currency pair.
EUR/USD strengthens above 1.1300 on gloomy Fed’s Beige Book
The EUR/USD pair edges higher to around 1.1335 during the early Asian session on Thursday. Mitigating concerns over potential tariff threats by US President Donald Trump exerts some selling pressure on the US Dollar.
Gold corrected extreme conditions, struggles around $3,300
Gold extended its decline on Wednesday, slipping below the $3,300 mark per troy ounce in response to reports from the media suggesting the Trump administration is weighing tariff reductions on Chinese goods, a news that revived hopes of easing trade tensions and reduced demand for the yellow metal as a safe-haven asset.
TRUMP meme coin rallies following announcement of President Trump's upcoming dinner with top 220 holders
Official TRUMP rallied 50% on Wednesday after the team behind the meme coin announced plans for its top 220 token holders to have a dinner with President Donald Trump in May. The announcement also included an extension of the token's initial unlock plan by an additional 90 days.
Five fundamentals for the week: Traders confront the trade war, important surveys, key Fed speech Premium
Will the US strike a trade deal with Japan? That would be positive progress. However, recent developments are not that positive, and there's only one certainty: headlines will dominate markets. Fresh US economic data is also of interest.
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