EURUSD Trading Setup Review|Trading New York Kill Zone

Ndumiso Phelembe

This eurusd trading setup review will help you see how we frame trading setups using the forex intraday model under the day trading course. the model mainly focuses on hunting set up during the new york kill zone which is between 07:00 am -10:00 am New York Time(NYT).

Daily|Weekly Bias:

This is how I framed my bearish bias on eurusd by looking at the following criteria:

  • We had Buy Side Liquidity(BSL)Taken Out
  • Then Shift In Market Structure (SMS) which indicates, a bearish institutional order flow
  • Daily Fair Value Gap as Our Draw on liquidity
  • Look for sell profiles in a smaller time to sell short and exit on daily fvg

EURUSD DAILY TIME FRAME

EURUSD-2023-02-06-13-30-32-35472

Intraday Timeframe Analysis:

  • During NY KIll Zone 07:00-10:00 am NYT, we hunt for sell setups based on higher time frame daily bias.
  • Buy Side Liquidity BSL Collected Than shift in Market Structure
  • Retracement into FVG After Shift Market Structure
EURUSD-1

Re-entry

EURUSD-2023-02-07-12-45-33-cb155
EURUSD Trading Setup Framed During New York Kill Zone using daily bias

Narrative:

-We Framed Bias Based on higher time frame charts and went to the smaller time frame and look for sell setups on eurusd using the forex intraday trading model.

-During New York Kill Zone We looked for a sell setup as per the trading model.

-Daily Fair Value Gap was out Drew on liquidity therefore we used it as our take profit

The Type of Trading Model:

Forex Intraday Model which is taught on the day trading course. you can find the model notion template of the guide here, This is the trading model we used on the eurusd trading setup. You can also watch the full video of the setup review on youtube but if we are to watch the above two videos, no need to go to youtube.

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Risk Disclosure & Financial Disclaimer: Trading foreign exchange, indices, and commodities on margin carries a high level of risk and may not be suitable for all investors. GhostTraders is an educational academy founded by Ndumiso Phelembe. All content shared is for educational purposes only and does not constitute professional financial advice. Never trade with money you cannot afford to lose.

Ndumiso Phelembe — Founder of GhostTraders
GhostTraders

Ndumiso Phelembe

Founder and Lead Instructor · GhostTraders

14,500+ Students
2,429 Udemy Learners
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10+ yrs Trading Experience

Background

Ndumiso Phelembe is the Founder and Lead Instructor of GhostTraders, an online forex trading academy focused on Smart Money Trading and institutional trading concepts.

With over a decade of experience in the forex markets, Ndumiso began teaching institutional trading methodology in 2018 after recognising that most retail traders were being taught concepts that had no connection to how banks and large market participants actually move price. GhostTraders was built to close that gap.

To date GhostTraders has served over 14,500 students across the UK, USA and beyond, making it one of the most recognised independent Smart Money Trading academies online.